Finance & Development
Finance & Development
A quarterly magazine of the IMF


About Finance & Development

Finance & Development's print editions are published quarterly in English, Arabic, Chinese, French, and Spanish—and its World Wide Web edition is published quarterly in English, French, Russian and Spanish—by the International Monetary Fund, 700 19th Street, N.W., Washington, DC 20431, U.S.A.

Opinions expressed in articles and other materials are those of the authors; they do not necessarily reflect IMF policy.

Finance & Development
Telephone: (202) 623-8300    Fax Number: (202) 623-6149
E-mail: fandd@imf.org


Laura Wallace, Editor-in-Chief
Jeremy Clift, Senior Editor
Elisa Diehl, Assistant Editor
Prakash Loungani, Book Editor
Archana Kumar, Senior Editor
James Rowe, Senior Editor
Simon Willson, Senior Editor
Maureen Burke, Assistant Editor
Natalie Hairfield, Assistant Editor
Luisa Menjivar, Creative Director
Lai Oy Louie, Art Editor
Lijun Li, Senior Editorial Assistant
Kelley McCollum, Senior Editorial Assistant
Randa Elnagar, Editorial Assistant
  ADVISORS TO THE EDITOR
Bas Bakker
Eduardo Borenzstein
Adrienne Cheasty
Alfredo Cuevas
Marcello Estevao
Domenico Fanizza
  James Gordon
Paul Hilbers
Paolo Mauro
Jan-Willem Van der Vossen
Jeromin Zettelmeyer


The contents of Finance & Development are indexed in Business Periodicals Index, Public Affairs Information Service (PAIS), Bibliographie Internationale des Sciences Sociales, and many other print and online publications. An annual index of articles and reviews is carried in the December issue.

Advertising Information for Finance & Development

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Subscription Information for Finance & Development

If you wish to receive one of the following five print editions of Finance & Development—English, Arabic, Chinese, French, and Spanish—regularly, please order online at F & D. Alternatively, please send your request—by e-mail, conventional mail, or fax—to:

IMF Publication Services,
700 19th Street, N.W., Washington, DC 20431 U.S.A.
Telephone: (202) 623-7430; FAX: (202) 623-7201
E-mail: publications@imf.org

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English edition ISSN 0015-1947
French edition ISSN 0430-473X
Spanish edition ISSN 0250-7447

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Copyright for Finance & Development

©2007 by the International Monetary Fund. All rights reserved. Please refer to Copyright and Usage information regarding requests for permission to reproduce, photocopy, excerpt, translate, or create links to articles in Finance & Development.