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

Cieślik, Ewa and Biegańska, Jadwiga and Środa-Murawska, Stefania (2016) The Intensification of Foreign Trade in Post-Socialist Countries and Their Role in Global Value Chains. Acta Oeconomica, 66 (3). pp. 465-487. ISSN 0001-6373

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Abstract

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.

Item Type: Article
Subjects: H Social Sciences / társadalomtudományok > H Social Sciences (General) / társadalomtudomány általában
Depositing User: László Sallai-Tóth
Date Deposited: 07 Oct 2016 06:57
Last Modified: 30 Sep 2018 23:15
URI: http://real.mtak.hu/id/eprint/41693

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