Editor's Introduction; C.Saunders - PART 1: STABILISATION POLICIES ASSESSED - Economic Transformation in the East: a Critical Appraisal of its Development and Suggestions for a possible way out; F.Levcik - Transformational Recession: the Example of Hungary; J.Kornai - Lessons for the East from Stabilisation in the West; G.D.N.Worswick - Comments on Part 1: W.Brus, R.Dohner, E.Matzner, H.Seidel - PART 2: FINANCIAL SECTOR REFORM - The Banking System in Russia; C.Boffito - Money Demand, Bank Credit and Economic Performance in Former Socialist Economies; G.A.Colvo & M.Kumar - Comments on Part 2: E.Hochreiter, P.R.Haiss - PART 3: FOREIGN TRADE LIBERALISATION WITH FOCUS ON EUROPEAN INTEGRATION - Trade Relations of the Eastern European Countries; P.A.Messerlin - Liberalisation of Foreign Trade: An Important Component of the Progress of Economic Transformation, with Special Reference to Czech Experience; J.Stouracova & A.Neustadt - The Transformation of East-West Trade Relations; J.E.Smolik - Comment on Part 3: V.Barta - PART 4: PRIVATISATION AND INDUSTRIAL RESTRUCTURING -Who will own 'nobody's property'? Privatisation Problems in Russia; O.Bogomolov - A Progress Report on Privatisation in Eastern Europe; G.Hunya - Restructuring, Privatisation and Industrial Policy Making; J.A.Kennerley - Potential Lessons from Austria for the Restructuring Process in East Europe; K.Aiginger - Comment on Part 4: E.Streissler -PART 5: SOCIAL PROBLEMS OF TRANSFORMATION - Social Costs and Social Goals of Transformation Policy: Polish Experience; J.Supinska - Social Aspects of Economic Reform in Russia V.Kollontai - Comment on Part 5: B.Cazes - PART 6: COUNTRY-SPECIFIC COMMENTS - The Concept of Financial Programming confronted with Russian Experience; A.Nekipelov - The Croatian Economy in Transition; D.Vojnic - Transition in Poland; W.Trzeciakowski - Systemic Changes in the Czech Economy; K.Kouba - In Quest of Lost Stabilisation: Reflections on the Case of Hungary in 1993; A.Torok - Slovenia:a New State and its Prospects; J.Menzinger -The Transformation Process in the New Slovak Republic; I.Kosir - List of Participants - Index
