August 1997, Vol 22, No 2

Abstract: In the five years that have followed the demise of the Soviet era, extraordinary progress has been made in developing valuation and counseling associations in the Central and Eastern Europe Countries (CEECs). When compared to the length of time it took these professional services to develop in North America, the progress in Central and Eastern Europe is extra-ordinary. However, the author predicts it will take another five years to reach full maturity, as the evolving professional associations in the CEECs grapple with the tremendous social problems related to the transition process.