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RR372 Revival of the Visegrad Countries’ Mutual Trade after their EU Accession: a Search for Explanation
(by Neil Foster, Gabor Hunya, Olga Pindyuk and Sandor Richter)
wiiw Research Report No. 372, July 2011
50 pages including 15 Tables and 23 Figures
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After the Visegrad countries’ accession to the EU in 2004, one of the most remarkable developments was the sudden upturn in their mutual trade. In 2007 the value of aggregate intra-Visegrad trade was two and a half times higher than in 2003. The rate of growth in these countries’ trade with the EU 15 (the ‘old’ member states) was only half as much. Also, individual Visegrad countries showed higher export growth rates to other Visegrad members in the post-accession period than in the years before EU accession. These developments are reflected in the changes in the geographical distribution of t...more

 
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