Part 1 Overall appreciations: global imbalances in the world economy - challenges and opportunities for Europe, Youngil Lim; global imbalances and US policy responses, Dominick Salvatore; trends and policies in East-West economic relations - a view from the West, Philip Hanson; determinants and prospects of East-West economic relations - a view from the East, Ivan Angelis. Part 2 Adjustments in the socialist countries: Perestroika and prospects for East-West economic relations, Oleg Bogomolov; the Hungarian economy in the international context, Andras Inotai; intensive growth and outward oriented economic strategy, Peter Sydow; China's open policy in the light of world economic trends, Yuanzheng Luo; China's open policy and economic relations with Western Europe, Zhang Yunling. Part 3 Case studies of East-West interaction: relations between CMEA countries and the GATT, Ake Linden; economic relations between the Federal Republic of Germany and the German Democratic Republic, Doris Cornelsen; East-West joint ventures in CMEA countries, Norman Scott. Part 4 Prospects: is a new international monetary order needed?, Eduard Hochreiter; a new foreign economic policy for the 1990s?, Yuri Andreev; new patterns of national and international growth in CMEA, Manfred Engert; the need for a new foreign trade regime, Dariusz K. Rosati; a perspective on the normalization of East-West commerce, John P. Hardt; commercial competition and control - a US view, John Starrels; major issues and conclusions, Gary Bertsch.
