Structural reforms create a systemic foundation for the increase of microeconomic efficiency and hence faster growth. However, sustained economic expansion requires an appropriate development strategy and sound government policy to reinforce the market forces during postsocialist transformation....

At the end of 1997 five transition countries - the Czech Republic, Estonia, Hungary, Poland, and Slovenia - were invited to start negotiations on their accession to the EU. Three other countries - Latvia, Lithuania, and Slovakia - may still join the first group. Two other countries - Bulgaria...

At the end of 1997 five transition countries - the Czech Republic, Estonia, Hungary, Poland, and Slovenia - were invited to start negotiations on their accession to the EU. Three other countries - Latvia, Lithuania, and Slovakia - may still join the first group. Two other countries - Bulgaria...

At the end of 1997 five transition countries - the Czech Republic, Estonia, Hungary, Poland, and Slovenia - were invited to start negotiations on their accession to the EU. Three other countries - Latvia, Lithuania, and Slovakia - may still join the first group. Two other countries - Bulgaria...