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International Affairs: What Eastern Europe Needs Now

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Report Type Reports and Testimonies
Report Date Jan. 1, 1992
Report No. 147983
Subject
Summary:

This article, which appeared in the GAO Journal, No. 16, Fall/Winter 1992, discusses reasons and ways for the United States to help Eastern European countries in their transition from communist to democratic governments, including: (1) providing better market access to improve trade competitiveness; (2) providing financial assistance to lessen transition pains until foreign investment picks up; (3) providing technical assistance to increase the region's capacity to absorb foreign capital and investment; and (4) increasing the level of foreign investment and know-how necessary to revive the Eastern European economies.

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