Preface. I. Introduction; C. de Boissieu. II. The New Europe; Evolving Economic and Financial Systems in East and West; H. Tietmeyer. III. Notes on Voucher Privatization in Eastern Europe; J.S. Earle, R. Frydman, A. Rapaczynski. IV. Bank-Industry Linkages: Models for Eastern European Economic Restructuring; R.C. Smith, I. Walter. V. In the Image of the West: Creating Financial Systems in Eastern Europe; C. Mayer. VI. Privatisation in Western Economies; J. Kay. VII. Barriers to Privatisation: the Case of Poland; C.C. Bandyk. VIII. Privatization in Romania - the Case for Financial Institutions; T. Nicolaescu. IX. From the Plan to the Market: Banking and Financial Reform Aspects; M. Guitian. X. Financial Aspects of Enterprise Restructuring; M.F. Long. XI. Financial Sector Reform and Monetary Policy in Central and Eastern Europe; H.J. Blommestein. XII. Secular Pressures on Banking in Developed Financial Systems: is Traditional Banking an Industry in Secular Decline? D.T. Llewellyn. XIII. Regulation in an International Financial Market Place; P. Doyle, P.D. Mortimer-Lee. XIV. Reforming the Financial System in Central and Eastern Europe; E.N. Karailiev, I.D. Petkova. XV. Towards a Single European Currency: ECU, Franc-fort, Question-Mark; A. Szasz. XVI. Monetary Policy Issues and Monetary Integration in Selected East European Countries; W. Duchatczek, A. Schubert. XVII. Economic and Monetary Policy in Eastern Europe: Monetarist or Keynesian Approach? O. Sobek.XVIII. Central Bank Independence: Searching for the Philosophers' Stone; S. Eijffinger, E. Schaling. XIX. Strategic Impediments to Currency Unification; B. Reszat. XX. The Romanian Leu - a Difficult Road towards Convertibility; I. Dumitriu. XXI. National Saving in Developing and Reforming Countries; P.S. Andersen. XXII. Western Enterprises' Response to the Reform Processes in Eastern Europe; G. Fink. XXIII. Capital Needs and Investment Financing in Eastern Countries; H. Handler, A. Steinherr. XXIV. Financial Integration and Disintegration in the Former USSR; A. Anikin. XXV. La crise economique en Europe centrale et la croissance de la CE; l'agenda pour 1993-1995; C. Reuss. XXVI. Retirement Savings of Western Europe: the Motor for Deepening Integration in a Wider Europe of the Regions? G. Bishop. XXVII. General Report on the Colloquium; G. Winckler.