The objective of this study is to examine recent developments in trade and FDI flows between the EU and the CEEC, trying to anticipate future consequences from the economic integration of the two blocks. Economic theory suggests that integration conveys positive effects upon welfare, due to the...

Among the many contraints facing all participants in the international division of labour in the present decade, some seem to affect centrally planned economies (CPEs) to a greater extent than other countries. The CPEs' additional problems are due, according to Prof. Winiecki, to specific,...