<strong>Transition Economies and Foreign Trade</strong> makes the bold claim to have solvedpuzzles that have hindered the subject for years. By taking the disto... » 

Transition Economies and Foreign Trade makes the bold claim to have solvedpuzzles that have hindered the subject for years. By taking the distortions ofthe Communist era into consideration Winiecki has explained the phenomenon ofthe decline in output and trade as well as explaining the dual commoditynature of exports in the early transition phase.The books intriguing analyses includethe legacy of the Communist past upon foreign trade transitionthe reorientation of exports from the East to the Westtrade and exchange rate regimes and their impact upon foreign tradeperformanceposttransition problems associated with potential membership of the EuropeanUnion.This topical and timely book should become essential reading for students andacademics with an interest in international economics as well as being of greatuse to business analysts and policy makers. «