TRANSFORMATIONS ÉCONOMIQUES ET STRATÉGIES DE RATTRAPAGE EN EUROPE DE L'EST

This article starts with the increasing differences between Central and Oriental economies since the beginning of the transition process. The countries that are most favorable to Foreign Direct Investment (Hungary, the Czech Republic and to a lesser extent Poland) enjoy better results than the other countries: they have reaped substantial benefits and many new companies have been set up. As a result all Eastern Europe transition economies are now turning to practices favoring Foreign Investment. In this respect Balkan countries are following suit, with some delay but with a lot of determination, and could learn from the Hungarian experience.