This article summarizes papers presented and discussions held at the recent seminar of the Czech Economic Association. The seminar was devoted to a much discussed issue within transitional economics the impact of corruption on long-term economic development. The seminar addressed the possible...

The paper provides an introduction to essays published in this volume, which focus on nominal and real convergence in transition countries. The paper is based on the idea that the process of convergence can, to a large extent, be viewed via developments in real exchange rates. Key issues...