ILIANA ZLOCH-CHRISTY is currently a senior associate at St. Anthony's College, Oxford University. She previously held appointments at Harvard and Stanford Universities, as well as at the World Bank, the United Nations, and the International Monetary Fund. Her speciality is the East-West financial relations and the political economy of post-communist Europe. She is the author of Eastern Europe in a Time of Change (Praeger, 1994), East-West Financial Relations: Current Problems and Future Prospects (1991), and Debt Problems of Eastern Europe (1988).

• Acknowledgments Abbreviations Introduction: Foreign Investments and the Transition in Post-communist Europe by Iliana Zloch-Christy Economic Transformation, Privatization, and Foreign Capital: Eastern European Perspectives Problems of Foreign Investments in Russia and in the former Soviet Union by Alexander Barski Emerging Market Structures in Russia: Developments in Commodity Markets by Stefan Zhurek Economic Transformation, Privatization, and Foreign Investments in the Czech Republic by Michal Mejstrik Privatization and Foreign Investments in Poland, 1990-1993: Results, Problems, and Lessons by Wladyslaw W. Jermakowicz Hungary's Road to Privatization by Gabor Bakos Foreign Direct Investments in Hungary by Gyorgy Csaki Investment Policy and the Privatization in Bulgaria by Georgi Smatrakalev Privatization and Foreign Investment in Bulgaria by Daniela Bobeva and Alexander Bozhkov New Regional Economic Developments in Post-communist Europe: Free Trade Zone in Central Europe? by Gabor Bakos Privatization and Foreign Investments: Western Perspectives Japan's Foreign Direct Investments in East European Countries by Ken Morita Magyar Suzuki Case Study of Japanese Investment by Gabor Bakos Economic Transformation, External Imbalances, and Political Risk in Post-communist Eastern Europe by Iliana Zloch-Christy Concluding Remarks by Iliana Zloch-Christy Index

ILIANA ZLOCH-CHRISTY is currently a senior associate at St. Anthony's College, Oxford University. She previously held appointments at Harvard and Stanford Universities, as well as at the World Bank, the United Nations, and the International Monetary Fund. Her speciality is the East-West financial relations and the political economy of post-communist Europe. She is the author of Eastern Europe in a Time of Change (Praeger, 1994), East-West Financial Relations: Current Problems and Future Prospects (1991), and Debt Problems of Eastern Europe (1988).

• Acknowledgments Abbreviations Introduction: Foreign Investments and the Transition in Post-communist Europe by Iliana Zloch-Christy Economic Transformation, Privatization, and Foreign Capital: Eastern European Perspectives Problems of Foreign Investments in Russia and in the former Soviet Union by Alexander Barski Emerging Market Structures in Russia: Developments in Commodity Markets by Stefan Zhurek Economic Transformation, Privatization, and Foreign Investments in the Czech Republic by Michal Mejstrik Privatization and Foreign Investments in Poland, 1990-1993: Results, Problems, and Lessons by Wladyslaw W. Jermakowicz Hungary's Road to Privatization by Gabor Bakos Foreign Direct Investments in Hungary by Gyorgy Csaki Investment Policy and the Privatization in Bulgaria by Georgi Smatrakalev Privatization and Foreign Investment in Bulgaria by Daniela Bobeva and Alexander Bozhkov New Regional Economic Developments in Post-communist Europe: Free Trade Zone in Central Europe? by Gabor Bakos Privatization and Foreign Investments: Western Perspectives Japan's Foreign Direct Investments in East European Countries by Ken Morita Magyar Suzuki Case Study of Japanese Investment by Gabor Bakos Economic Transformation, External Imbalances, and Political Risk in Post-communist Eastern Europe by Iliana Zloch-Christy Concluding Remarks by Iliana Zloch-Christy Index

ILIANA ZLOCH-CHRISTY is currently a senior associate at St. Anthony's College, Oxford University. She previously held appointments at Harvard and Stanford Universities, as well as at the World Bank, the United Nations, and the International Monetary Fund. Her speciality is the East-West financial relations and the political economy of post-communist Europe. She is the author of Eastern Europe in a Time of Change (Praeger, 1994), East-West Financial Relations: Current Problems and Future Prospects (1991), and Debt Problems of Eastern Europe (1988).

• Acknowledgments Abbreviations Introduction: Foreign Investments and the Transition in Post-communist Europe by Iliana Zloch-Christy Economic Transformation, Privatization, and Foreign Capital: Eastern European Perspectives Problems of Foreign Investments in Russia and in the former Soviet Union by Alexander Barski Emerging Market Structures in Russia: Developments in Commodity Markets by Stefan Zhurek Economic Transformation, Privatization, and Foreign Investments in the Czech Republic by Michal Mejstrik Privatization and Foreign Investments in Poland, 1990-1993: Results, Problems, and Lessons by Wladyslaw W. Jermakowicz Hungary's Road to Privatization by Gabor Bakos Foreign Direct Investments in Hungary by Gyorgy Csaki Investment Policy and the Privatization in Bulgaria by Georgi Smatrakalev Privatization and Foreign Investment in Bulgaria by Daniela Bobeva and Alexander Bozhkov New Regional Economic Developments in Post-communist Europe: Free Trade Zone in Central Europe? by Gabor Bakos Privatization and Foreign Investments: Western Perspectives Japan's Foreign Direct Investments in East European Countries by Ken Morita Magyar Suzuki Case Study of Japanese Investment by Gabor Bakos Economic Transformation, External Imbalances, and Political Risk in Post-communist Eastern Europe by Iliana Zloch-Christy Concluding Remarks by Iliana Zloch-Christy Index