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The Economic Interpenetration Between the EC and Eastern Europe: The Case of Hungary

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  • Gács, János

Abstract

One of the most remarkable recent changes in the East European economies has been the rearrangement of their trade patterns in a few years. Two regional organizations were the focal points of the geographical shift: the CMEA which lost its dominant position, and the EC which had a magnetic attraction to East European economies. Accompanying the geographical reorientation from East to the West major sectoral shifts occurred in the last three to five years. These changes are marked in Hungarian trade, the subject of this working paper. The author prepared this paper in the framework of a project organized by the Commission of the European Communities. This work was subsequently published in an edited form in the periodical European Economy, 1994, No. 6.

Suggested Citation

  • Gács, János, 1994. "The Economic Interpenetration Between the EC and Eastern Europe: The Case of Hungary," MPRA Paper 60801, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:60801
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    File URL: https://mpra.ub.uni-muenchen.de/60801/1/WP-94-043.pdf
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    References listed on IDEAS

    as
    1. Bruno, Michael, 1993. "Crisis, Stabilization, and Economic Reform: Therapy by Consensus," OUP Catalogue, Oxford University Press, number 9780198286639.
    2. Tovias, Alfred & Laird, Sam, 1991. "Whither Hungary and the European communities?," Policy Research Working Paper Series 584, The World Bank.
    3. Deardorff, Alan V., 1984. "Testing trade theories and predicting trade flows," Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 1, chapter 10, pages 467-517, Elsevier.
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    Cited by:

    1. Károly Attila SOÓS, 2013. "The Role of Intra-Industry Trade in the Industrial Upgrading of the 10 CEECs New Members of the European Union," KIER Working Papers 868, Kyoto University, Institute of Economic Research.

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    More about this item

    Keywords

    reorientation of trade; trade barriers; effects of Europe Agreements;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • P23 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Factor and Product Markets; Industry Studies; Population

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