The paper discusses the long-run pattern of growth that characterized Czechoslovakia, Hungary and Poland over the 1970s and 1980s and also shows the immediate impact of the dramatic developments of the last year and a half upon industrial production, investment and employment including...

The paper investigates those aspects of economic transformation and long-term economic development where financial institutions can and should make a contribution. It also investigates the financial services industry as a sector and tries to point out the conditions which can enable financial...