Abstract
The collapse of the communist planned economies eliminated the most significant barrier to trade in Europe: the systemic difference between market economy and planned economy. The trade orientation of Eastern European countries towards the USSR, which was imposed on these countries by force and political power after the second world war, had to give way to the reintegration of Central and Eastern European countries into the rest of Europe. Natural ties and dominant trade with neighbouring countries prevailing until 1938 are being re-established.
The author wishes to thank Donald E. Fair, Werner Schicklgruber, and Georg Winckler for helpful comments.
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Fink, G. (1993). Western enterprises’ response to the reform processes in Eastern Europe. In: Fair, D.E., Raymond, R.J. (eds) The New Europe: Evolving Economic and Financial Systems in East and West. Financial and Monetary Policy Studies, vol 26. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1741-8_22
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DOI: https://doi.org/10.1007/978-94-011-1741-8_22
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