pt. 1. South-east Europe : where do institutions and the economy stand? -- pt. 2. The case of dollarization and euroization -- pt. 3. Monetary and exchange rate policies : circumstances and choice in South-east Europe -- pt. 4. FDI and trade as pivotal elements for catching up and competitiveness -- pt. 5. Confronting serious challenges : high unemployment, poverty, brain drain -- pt. 6. Banking in South-east Europe and the leading role of Austrian banks