The Intensification of Foreign Trade in Post-Socialist Countries and Their Role in Global Value Chains

Ewa Cieślik (), Jadwiga Biegańska () and Stefania Środa-Murawska ()
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Ewa Cieślik: Faculty of International Business and Economics, Poznan University of Economics and Business, Poland
Jadwiga Biegańska: Department of Urban Studies and Regional Development, Nicolaus Copernicus University in Toruń, Poland
Stefania Środa-Murawska: Department of Urban Studies and Regional Development, Nicolaus Copernicus University in Toruń, Poland

Acta Oeconomica, 2016, vol. 66, issue 3, 465-487

Abstract: This article presents the transformation of foreign trade in 10 post-socialist countries, current members of the EU. Special focus is given to the more significant role these countries began to play in global value chains (GVCs) as a result of liberalisation processes and integration within the EU. In addition, the article evaluates their place in global vertical specialisation. To locate each country on a global value chain and to compare them with selected countries, more complex methods of measuring the level of participation of European post-socialist countries in GVCs were employed. These methods allow the position of a country downstream or upstream in GVCs to be established. We concluded that (a) post-socialist countries differ in the levels of their participation in GVCs. Countries that have stronger links with Western European countries, especially with Germany, are more integrated; (b) a large share of post-socialist countries’ exports pass through Western European GVCs; (c) most exporters in Central and Eastern Europe are positioned in downstream segments of production rather than upstream markets.

Keywords: Central and Eastern Europe; foreign trade; global value chains (search for similar items in EconPapers)
JEL-codes: F14 F15 O52 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (12)

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