SIMA MOTAMEN-SAMADIAN is a Principal Lecturer in Economics and Director of the Centre for the Study of Emerging Markets (CSEM) at the Westminster Business School, UK. She obtained her MA and PhD in Economics from Essex University, and has worked at Tehran University, City University Business School, and Portsmouth University. She has co-edited International Debt and Central Banking in the 1980's with Z. Rez (Macmillan 1987), Emerging Markets: Past and Present Experiences, and Future Prospects with C. Garido (Macmillan 2000), and edited Dynamic Models and Their application in E

• List of Figures, Tables and Appendices Preface Acknowledgements Notes on the Contributors Introduction; S.Motamen-Samadian Are the Maastricht Criteria Appropriate for Central and Eastern Europe?; D.Mihaljek Financial Sector Development in South-East Europe: The Potential and Limitations of Public-Private Partnerships; R.H.Schmidt & N.Moisa The Impact of EU Enlargement on Emerging Markets: The Case of the Southeast European Countries; L. kuflic Credibility-Flexibility Trade-Off and the Transmission of Asymmetric Shocks: Future Prospect for CEE Acceding Countries; K.Kalcheva Bank, Restructuring: Uzbekistan; I.Azizova The Equilibrium Exchange Rate in Transition: A Stock-Flow Perspective; B.Egert, A.Lahreche-Revil & K.Lomatzch Modelling and Forecasting the Volatility of the Central European Stock Market; P.Patev & N.Kanaryan Index

SIMA MOTAMEN-SAMADIAN is a Principal Lecturer in Economics and Director of the Centre for the Study of Emerging Markets (CSEM) at the Westminster Business School, UK. She obtained her MA and PhD in Economics from Essex University, and has worked at Tehran University, City University Business School, and Portsmouth University. She has co-edited International Debt and Central Banking in the 1980's with Z. Rez (Macmillan 1987), Emerging Markets: Past and Present Experiences, and Future Prospects with C. Garido (Macmillan 2000), and edited Dynamic Models and Their application in E

• List of Figures, Tables and Appendices Preface Acknowledgements Notes on the Contributors Introduction; S.Motamen-Samadian Are the Maastricht Criteria Appropriate for Central and Eastern Europe?; D.Mihaljek Financial Sector Development in South-East Europe: The Potential and Limitations of Public-Private Partnerships; R.H.Schmidt & N.Moisa The Impact of EU Enlargement on Emerging Markets: The Case of the Southeast European Countries; L. kuflic Credibility-Flexibility Trade-Off and the Transmission of Asymmetric Shocks: Future Prospect for CEE Acceding Countries; K.Kalcheva Bank, Restructuring: Uzbekistan; I.Azizova The Equilibrium Exchange Rate in Transition: A Stock-Flow Perspective; B.Egert, A.Lahreche-Revil & K.Lomatzch Modelling and Forecasting the Volatility of the Central European Stock Market; P.Patev & N.Kanaryan Index

SIMA MOTAMEN-SAMADIAN is a Principal Lecturer in Economics and Director of the Centre for the Study of Emerging Markets (CSEM) at the Westminster Business School, UK. She obtained her MA and PhD in Economics from Essex University, and has worked at Tehran University, City University Business School, and Portsmouth University. She has co-edited International Debt and Central Banking in the 1980's with Z. Rez (Macmillan 1987), Emerging Markets: Past and Present Experiences, and Future Prospects with C. Garido (Macmillan 2000), and edited Dynamic Models and Their application in E

• List of Figures, Tables and Appendices Preface Acknowledgements Notes on the Contributors Introduction; S.Motamen-Samadian Are the Maastricht Criteria Appropriate for Central and Eastern Europe?; D.Mihaljek Financial Sector Development in South-East Europe: The Potential and Limitations of Public-Private Partnerships; R.H.Schmidt & N.Moisa The Impact of EU Enlargement on Emerging Markets: The Case of the Southeast European Countries; L. kuflic Credibility-Flexibility Trade-Off and the Transmission of Asymmetric Shocks: Future Prospect for CEE Acceding Countries; K.Kalcheva Bank, Restructuring: Uzbekistan; I.Azizova The Equilibrium Exchange Rate in Transition: A Stock-Flow Perspective; B.Egert, A.Lahreche-Revil & K.Lomatzch Modelling and Forecasting the Volatility of the Central European Stock Market; P.Patev & N.Kanaryan Index