Industry Restructuring in East-Central Europe: The Challenge and the Role for Foreign Investment
探讨中东欧国家向市场经济转型中的两项关键改革：价格改革和产业改革，并分析外资在产业重组中的作用。
Two key reforms underpin the moves toward more market-oriented economies in East-Central Europe (ECE): price reforms that allow a freer alignment of relative prices toward international norms; and industry reforms that increase competition, flexibility, and efficiency. These reforms are linked; only competitive firms responding to rational price signals can create an industrial structure able to withstand the rigors of international competition.