A volume of research prepared as a CEPR joint project with the Commission of the European Communities on `Economic, Social and Political Transformation in Czechoslovakia, Hungary and Poland' was published on 5 May. In these papers, leading economists from the region assess their countries' progress in economic transformation since 1989 and the prospects for their continued growth and integration into the world economy. This volume was launched at a CEPR joint discussion meeting with the Commission of the European Communities in London on 4 May, addressed by Richard Portes, Director of CEPR and Professor of Economics at Birkbeck College, London, and Joan Pearce, Head of Unit for Eastern Europe in the Directorate for International Economic and Financial Affairs, Commission of the European Communities. The volume contains the following papers:

`Central Europe: the way forward', Domenico Mario Nuti and Richard Portes

`Czech and Slovak Federal Republic: a solid foundation', Jan Svejnar

`Czech and Slovak Federal Republic: a new approach', Valtr Komárek

`Hungary: sound money, fiscal problems', Werner Riecke and László Antal

`Hungary: gradualism needs a strategy', Kálmán Mizsei

`Poland: glass half full', Stanislaw Gomulka

`Poland: glass half empty', Dariusz K Rosati

Appendix: `Central Europe: recent economic developments'

Copies of Economic Transformation in Central Europe: A Progress Report are available for £23.50/$40.00 from CEPR, 90 - 98 Goswell Road, London, EC1V 7RR (ISBN 1-898128-00-6) or for ECU 29.50 from the Office for Official Publications of the European Communities, L-2985 Luxembourg (ISBN 92-826-5680-2, Catalogue number CM-78-93-289-EN-C).