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In this volume the perceptive reader will find many clues to the future of the Soviet Union, Eastern Europe, East-West economic relations and the impact of governments in this area. and the global significance of the new roles that governments must play in the transitional period of political and economic reform in the East.

Highlighting recent revolutionary changes, this volume deals with the ongoing transformation from central planning towards more efficient economic structures in Eastern and Central Europe and the former USSR.

In this volume practitioners and theorists from East and West assess the results of four years of transformation in Eastern Europe.

This volume reports the proceedings of a conference of highly qualified practitioners and theorists from East and West, dealing with competition and the important part it plays as an essential element of the market economic system.