As political walls tumble and economic barriers disappear, the number of new opportunities for doing business with Eastern Europe's emerging capitalists are soaring. Overseas business specialist Engholm profiles Eastern Europe's markets and includes negotiating strategies and more. Illustrations.

The Soviet Union and Eastern Europe are moving away from a centrally planned economy toward integration within the global economy. How did this transition begin? Is this an aim which all the countries can afford? What conditions are to be met so that the countries will achieve a level of development comparable with the average level of their industrial partners? In this 1992 volume, leading international political economists from both the East and West provide an in-depth analysis of these questions. The contributors assess how the transition to the market requires liberalizing foreign trade, introducing convertibility, and transforming property structures, all of which are also part of the ongoing domestic reform. They also examine how these countries overcome their development lag and implement a restructuring policy.

This title was first published in 1979. Essential information for understanding a credit system that is different from that of the 'Capitalist' countires and which has envolved into an integral and essential part of 'soviet- type economies'. Dr Zwass has done a workman-like job in providing another valuable contribution to our knowledge of economies of eastern europe- George Garvy.