Central and Eastern Europe: A Brief History of Trade between 1945–1989

Anca M. Voicu, Somnath Sen and Inmaculada Martínez-Zarzoso
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Anca M. Voicu: Rollins College
Somnath Sen: The University of Birmingham

Chapter 2 in Trade, Development and Structural Change, 2018, pp 15-41 from Palgrave Macmillan

Abstract: Abstract History is important in order to understand the trade-related issues that confronted the Central and Eastern European Countries (CEECs) immediately after 1989 as well as the past and current standing of their trade relations with the world outside the Council for Mutual Economic Assistance (CMEA), a body that governed trade relations between the countries of Central and Eastern Europe before 1989. This chapter discusses the CEECs’ international economic relations before 1989 by explaining the state monopoly and the planning of foreign trade, the inconvertibility of the currencies under the auspices of the CMEA.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-1-349-59005-6_2

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DOI: 10.1057/978-1-349-59005-6_2

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