The paper evaluates the future capital needs of Eastern countries and the potential structure of financing. Under certain growth assumptions, the investment needs amount to some $ 169 bn per year for Eastern Europe and nearly three times this amount for the former Soviet Union. Accelerating the...

In this paper the causal relationship between the domestic and the foreign components of the Austrian monetary base has been investigated. The two components seem closely and negatively related which induced the formulation of two hypotheses: the "capital mobility hypothesis" implying that the...