The Impact of Governments on East-West Economic Relations: The Case of Poland
For many years we have been accustomed to governments having monopoly control over foreign economic relations in centrally planned economies. However, the rapid reforms sweeping Eastern Europe are eroding this monopolistic control there, and substituting more conventional, liberal forms of foreign economic policy making and conduct. The formal abolition of foreign trade monopolies is simply a matter of time, although this timing will vary from country to country depending on the state of the national economy, particularly the balance of trade and level of indebtedness. Poland’s reforms of foreign economic policy are typical of the reforms taking place all over Eastern Europe.
KeywordsEconomic Agent Foreign Capital Economic Relation Foreign Debt Export Promotion
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