Olefin metathesis reaction can be considered as one of the most successful organic reactions with many applications in the low molecular weight range and also in the polymer field. The use of catalysts with their selective and effective transformation properties in olefin metathesis I polymerization systems is a growing interest. There has been great effort and competition in developing active and commercially useful catalysts. The main aim of this ASI was to gather several research groups and also the people from industry. to present existing knowledge and latest results in the field. A wide range of topics through homogeneous and heterogeneous aspects have been considered. Attention has been drawn to the metal-carbene and metallacyclobutane complexes as active species, the initiation mechanisms, the stereochemistry and thermodynamics of these reactions. New catalytic systems for the metathesis of alkenes and alkynes and fot' ring opening polymeriZation I block copolymerization reactions have been introduced. Spectroscopic studies for the characteriZation of catalysts, simulation studies explaining the function of chain carrier species and polymer degradation have also been covered. A detailed industrial report concerning the patents and applications in olefin metathesis I cyc1001efin polymerization area, fabrication and derivation has been presented. This volume contains the main lectures and seminars given at the NATO Advanced Study Institute on " Olefin Metathesis and Polymerization Catalysts: Synthesis, Mechanism and Utilization", held at Akcay. Babkesir. Turkey between 10th and 22nd September 1989.