An Emerging Framework for Greater Foreign Participation in the Economies of Hungary and Poland

Hungary and Poland are currently in the midst of shifting their economies from state control to free market capitalism. This transition requires massive changes in legislation. The governments of Hungary and Poland hope their new laws will facilitate and encourage the entry of foreign capital. This Note examines new legislation in these countries, particularly as it relates to foreign investment and ownership. The Note concludes with suggestions for legal reform which can be applied to all the countries of Eastern Europe