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The book develops a system of models and forecasts for the transformation process of former centrally planned economies into market economies. It outlines a simulation model for the united Germany showing the likely path of the "New Lands" integration into West Germany by the year 2000. It introduces the concept of a quarterly macroeconometric model aimed at forecasting and scenario analysis of stabilization and antirecession policies exemplified by a new model for Poland. The book contains information on new software ETAS generating models and SIMUL for efficient simulations. All the models and forecasts contain new annual data bases for Germany and quarterly data for the Polish economy. Therefore the book is also a source of statistical material.
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