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Transition Economies and Foreign Trade makes the bold claim to have solved puzzles that have hindered the subject for years. By taking the distortions of the Communist era into consideration, Winiecki has explained the phenomenon of the decline in output and trade, as well as explaining the dual commodity nature of exports in the early transition phase.The book's intriguing analyses include:*the legacy of the Communist past upon foreign trade transition*the reorientation of exports from the East to the West *trade and exchange rate regimes and their impact upon foreign

Exports. --- Commerce --- Business & Economics --- Local Commerce --- Exports --- International trade. --- Europe, Eastern --- Europe, Central --- Commerce. --- Economic conditions --- Economic conditions. --- External trade --- Foreign commerce --- Foreign trade --- Global commerce --- Global trade --- Trade, International --- World trade --- Central Europe --- International trade --- International economic relations --- Non-traded goods

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The transformation of state-owned enterprises into privately owned ones is commonly referred to as 'privatization'. Just as important as this process, though sometimes not given the attention it deserves and requires, is the establishment and expansion of new private firms.This book analyzes new entrepreneurial firms that emerge and occasionally flourish after a period of state communism has come to an end. The authors rightly focus on the aftermath of the end of communism by looking first at the inevitable output decline, followed by an overview of new entrepreneurial firms. Specific East

Economic order --- Firms and enterprises --- Eastern and Central Europe --- Privatization --- New business enterprises --- Former communist countries --- Europe, Eastern --- Economic policy. --- Economic policy --- Business starts --- Development stage enterprises --- How to start a business --- New companies --- Start-up business enterprises --- Start-up companies --- Start-ups (Business enterprises) --- Starting a business --- Startups (Business enterprises) --- Denationalization --- Privatisation --- Former Soviet bloc --- Second world (Former communist countries) --- Business enterprises --- Business incubators --- Contracting out --- Corporatization --- Government ownership --- Communist countries