Suchergebnisse

The countdown to the realisation of the Single European Market at the end of 1992 is taking place parallel to drastic political and economic changes in Eastern Europe Both of these processes will affect relations between the EC and the CMEA countries The following article analyses the possible consequences.

The trade of the Western industrial states with Eastern Europe has been the object of keen political interest in the past year or two although it accounts for no more than 5–6 p.c. of the total foreign commerce of the OECD countries. The current discussion about the future of the economic relations between East and West focuses on the greatly increased indebtedness of the East European countries to the West. The following review was presented as the introductory paper at a colloquium on the state and trends of East-West relations which was held at the end of February at the invitation of the Senator of Economic Affairs of Hamburg.