Publisher's Synopsis
The economists of central and eastern Europe face pressing problems at home: the choices of exchange rate regimes and trades policy, and the management of adjustment away from the trade and production patterns built up under communism. At the same time, access to western markets, particularly to the European Community, is essential if exports and output are to grow,;This volume offers useful guidance on the issues underlying these crucial areas of external policy. It thoroughly examines international trade and payments systems, trade policy of the EC towards central and eastern Europe, and trade policy and structural adjustment within central and eastern Europe.