The paper investigates Evsey's Domar's introduction of the rate of growth as a variable in economics in the 1940s and 1950s . Domar investigated the nature of what he called the "moving equilibrium" of ec onomic processes with infinite duration. Reactions to Domar' s approach at the time brought...

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...