This study identifies and analyzes the extent to which the transition economies of Central Europe, Russia, Central Asia and the Caucasus are likely to attract inward foreign direct investment (FDI) at the start of the new century and beyond. Although these countries have been growing recipients of FDI, multinationals have, to date, been slow to commit large investment sums. The book assembles a group of established and internationally respected contributors, whose objective is to draw out common characteristics and problems which the East European countries share, and which are likely to influence their economic strategies, both nationally and internationally.