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An extensive exchange of letters between Professor J. Hart Walters, Jr., and various Polish economists resulted in a first-hand study of marketing in Poland for almost one year. Drawing on his first-hand experiences in Poland, as well as documentary sources, the author shows why low costs of doing business in Poland are not always accompanied by a high degree of consumer convenience. As in other Eastern European economies, Polish re- tailing is relatively decentralized, but many major areas of decision-making are centrally controlled. [ABSTRACT FROM AUTHOR]

Discusses the economic cooperation among Eastern European nations. Better chances for success of economic integration in Eastern Europe than in Western Europe; Founding of the Council for Mutual Economic Assistance and its goals; Goals and responsibilities of the International Bank for Economic Cooperation.

The intent of this paper is to examine empirically the record of Socialist countries in regard to the equalization of regional development. In this group will be included only the Socialist countries of East Central Europe (including, obviously, the Soviet Union). The emphasis will be on the period since World War II. [ABSTRACT FROM AUTHOR]

There is increased interest in flow of funds analysis due to the greater role assigned to money and to financial processes in the economic reforms now being implemented in Eastern Europe. After presenting a history of financial flows analysis, the paper describes data sources, and sectoring procedures. The efforts of particular countries are then reviewed and compared. [ABSTRACT FROM AUTHOR]

Discusses the implications of the European Economic Community (EEC) on the economic conditions and policies of Eastern Europe. Pros and cons of economic integration; Impact of the EEC on member and non-member countries; Implications on economic policy.

Addresses the reasons for the existence of contradictions in the economic structure of several Eastern European countries. Prerequisites and limits to forced acceleration of industrialization; Requirements for the success of a forced tempo of industrialization; Discussion of economic structure of Hungary.

Analyzes the effects of the implementation of an economic reform in Eastern Europe. Overview of the economic reform program; Evaluation of the economic reform program; Consequences of the implementation.