중동부유럽

The study addresses the economic development of four European countries - Romania, Hungary, Czech Republic, and Poland beginning with 1990. It will be employed a descriptive analysis of their trade and growth dynamics. Emphasis will be placed on the determinants of economic growth of this group of countries in general and foreign trade in particular. The results indicate a heterogeneous dynamics of economic performances explained by specific characteristics and less by exogenous aspects related to trade partners and commercial structure, regional integration or foreign policy influenced by geographic proximity. In what concerns Romania, it appears to have been driven by a weaker engine of economic growth in the last two centuries.