The Central and East European transition countries are pinning considerable hopes for their economic future on entry into the European Union. However, given the huge amount of catching up they still have to do in economic terms, the tough entry conditions they have to meet and the limited amount...

The cost-benefit-analysis represents for the public sector the same as investment projections mean for private enterprise. This method is still in its experimental stage, but it is becoming more and more sophisticated and is already widely used also by national agencies active in the field of...