Evaluation of trends in foreign trade development in the post-communist countries of Europe in the years 2000–2012 following their accession to the EU
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Date
2016
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Wydział Nauk Geograficznych i Geologicznych Uniwersytetu im. Adama Mickiewicza
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Abstract
This paper seeks to analyse directions in foreign trade in the post-communist countries of Europe over the
years 2000–2012 in the context of changes observed in other EU states. It was assumed that changes in the directions
of foreign trade in post-communist states would be similar to those noted in Western Europe. On the basis of data
derived from the OECD, EUROSTAT and OECD-WTO we show that the trading rules used by the old EU-15 adopted
by those countries have brought them measurable benefits. As a result, the post-communist economies have become
similar to those of the EU-15. Considering the structure of their trade and links with the EU-15, it is apparent that they
have become the main trading and investment partners for the European Union. Hence, their integration with the EU
structures made their development faster, but also made them more sensitive to industrial and demand shocks coming
from the eurozone. It is predicted that the present model is not going to change, especially in the context of the participation
in production networks.
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Keywords
Central and Eastern Europe, EU, foreign trade, post-communist countries, intra-regional trade, trade links
Citation
Quaestiones Geographicae vol. 35 (2), 2016, pp. 35-48