Abstract
Economic opening up has been a natural element of systemic transformation in the former Soviet Union and the smaller post socialist countries of Eastern Europe. Anticipating EU eastern enlargement, eastern European transition countries have reoriented the regional focus of trade toward the EU-15 countries. The change in regional orientation coincided with changes in the structure of output and trade. As regards structural change of exports, several countries underwent rapid structural change and achieved gradually improved revealed comparative advantages (RCAs) in non-labor intensive sectors (BORBÉLY 2004).
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© 2010 Springer-Verlag Berlin Heidelberg
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Welfens, P.J. (2010). E. Macroeconomic Aspects of Opening up, Unemployment, Growth and Transition. In: Innovations in Macroeconomics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-11909-5_5
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DOI: https://doi.org/10.1007/978-3-642-11909-5_5
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