This volume focuses upon the inter-dependence between the pattern and prospects of economic transformation in Eastern and Central Europe, and the wider issue of European integration. Aspects of this process are addressed from both scholarly and political perspectives. The authors analyze the most widely-debated issues and developments in East-West economic relations including the widening and deepening of the European Union, East-West trade, industrial restructuring and labour market adjustment, and the role of financial reforms and financial flows in this process.