A quarterly magazine of the IMF

December 1999, Volume 36, Number 4

Articles

Bijan B. Aghevli, The Asian Crisis: Causes and Remedies, June

Harry G. Broadman, The Chinese State as Corporate Shareholder, September

Evangelos A. Calamitsis, Adjustment and Growth in Sub-Saharan Africa: The Unfinished Agenda, March

Guillermo A. Calvo and Carmen M. Reinhart, Capital Flow Reversals, the Exchange Rate Debate, and Dollarization, September

William J. Carrington and Enrica Detragiache, How Extensive Is the Brain Drain? June

Paul Cashin, Hong Liang, and C. John McDermott, Do Commodity Price Shocks Last Too Long for Stabilization Schemes to Work? September

Beno�t Coeur� and Jean Pisani-Ferry, The Case Against Benign Neglect of Exchange Rate Stability, September

Carlo Cottarelli and Peter Doyle, Taming Inflation in the Transition Economies, June

William Dillinger and Marianne Fay, From Centralized to Decentralized Governance, December

Barry Eichengreen, Is Greater Private Sector Burden Sharing Impossible?, September

Simon J. Evenett, The World Trading System: The Road Ahead, December

Yegor Gaidar, Lessons of the Russian Crisis for Transition Economies, June

John Kenneth Galbraith, Challenges of the New Millennium (interview), December

Curzio Giannini, The IMF and the Lender-of-Last-Resort Function: An External View, September

Brenda Gonz�lez-Hermosillo, Developing Indicators to Provide Early Warnings of Banking Crises, June

Dale F. Gray and Mark R. Stone, Corporate Balance Sheets and Macroeconomic Policy, September

Manuel Guiti�n, Economic Policy Implications of Global Financial Flows, March

Anne-Marie Gulde, The Role of the Currency Board in Bulgaria's Stabilization, September

Elliott Harris, Impact of the Asian Crisis on Sub-Saharan Africa, March

Oleh Havrylyshyn and Thomas Wolf, Determinants of Growth in Transition Countries, June

Ricki Tigert Helfer, What Deposit Insurance Can and Cannot Do, March

Ernesto Hern�ndez-Cat�, Sub-Saharan Africa: Economic Policy and Outlook for Growth, March

IMF Area Department Directors, The World Economy: Issues for the New Millennium, December

Magdi Iskander, Gerald Meyerman, Dale F. Gray, and Sean Hagan, Corporate Restructuring and Governance in East Asia, March

Otmar Issing, The Monetary Policy of the Eurosystem, March

Harold James, Is Liberalization Reversible?, December

Prabhat Jha, Joy de Beyer, and Peter S. Heller, Death and Taxes: Economics of Tobacco Control, December

Michael Kaser, Escape Routes from Post-Soviet Inflation and Recession, June

Malcolm Knight, Developing and Transition Countries Confront Financial Globalization, June

Grzegorz W. Kolodko, Incomes Policy, Equity Issues, and Poverty Reduction in Transition Economies, September

Timothy Lane, The Asian Financial Crisis: What Have We Learned?, September

Alejandro L�pez-Mej�a, Large Capital Flows: Causes, Consequences, and Policy Responses, September

Padma Mallampally and Karl P. Sauvant, Foreign Direct Investment in Developing Countries, March

Michael Mussa, Alexander Swoboda, Jeromin Zettelmeyer, and Olivier Jeanne, Moderating Fluctuations in Capital Flows to Emerging Market Economies, September

John Nellis, Time to Rethink Privatization in Transition Economies?, June

Saleh M. Nsouli, A Decade of Transition: An Overview of the Achievements and Challenges, June

Ngozi Okonjo-Iweala, Victoria Kwakwa, Andrea Beckwith, and Zafar Ahmed, Impact of Asia's Financial Crisis on Cambodia and the Lao PDR, September

Alassane D. Ouattara, Africa: An Agenda for the 21st Century, March

Hana Polackova, Contingent Government Liabilities: A Hidden Fiscal Risk, March

Garry J. Schinasi, Systemic Aspects of Recent Turbulence in Mature Markets, March

Garry J. Schinasi, Burkhard Drees, and William Lee, Managing Global Finance and Risk, December

Ludger Schuknecht, A Trade Policy Perspective on Capital Controls, March

Robert Sharer, Trade: An Engine of Growth for Africa, December

Sunil Sharma, The Challenge of Predicting Economic Crises, June

Paul Streeten, Components of a Future Development Strategy: The Importance of Human Development, December

Alexander Swoboda, Reforming the International Financial Architecture, September

Vito Tanzi, Transition and the Changing Role of Government, June

Don Tapscott and David Agnew, Governance in the Digital Economy, December

Michael Taylor and Alex Fleming, Integrated Financial Supervision: Lessons of Scandinavian Experience, December

Mateen Thobani, Private Infrastructure, Public Risk, March

Hans Tietmeyer, Evolving Cooperation and Coordination in Financial Market Surveillance, September

Dorte Verner, The Euro and Latin America, June

Shahid Yusuf, The Changing Development Landscape, December

Book Reviews

Jahangir Amuzegar, Managing the Oil Wealth: OPEC's Windfalls and Pitfalls, September

Walter Bagehot, Lombard Street: A Description of the Money Market, December

Nancy Birdsall, Carol Graham, and Richard H. Sabot, editors, Beyond Tradeoffs: Market Reform and Equitable Growth in Latin America, December

Rose Brady, Kapitalizm: Russia's Struggle to Free Its Economy, June

Gary Burtless, Robert Z. Lawrence, Robert E. Litan, and Robert J. Shapiro, Globaphobia: Confronting Fears About Open Trade, March

Benjamin J. Cohen, The Geography of Money, March

Daniel Cohen, The Wealth of the World and the Poverty of Nations, June

Padma Desai, editor, Going Global: Transition from Plan to Market in the World Economy, September

Kevin Dowd and Richard Timberlake, editors, Money and the Nation State: The Financial Revolution, Government, and the World Monetary System, June

Richard Grant and Jan Nijman, editors, The Global Crisis in Foreign Aid, March

Miles Kahler, editor, Capital Flows and Financial Crises, December

Paul Krugman, The Return of Depression Economics, December

Deepak Lal, Unintended Consequences: The Impact of Factor Endowments, Culture, and Politics on Long-Run Economic Performance, June

Nicholas R. Lardy, China's Unfinished Economic Revolution, September

Richard C. Longworth, Global Squeeze: The Coming Crisis for First-World Nations, March

Zuhayr Mikdashi, Les banques � l'�re de la mondialisation, March

Sylvester J. Schieber and John B. Shoven, editors, Public Policy Toward Pensions, June

Alfred Steinherr, Derivatives: The Wild Beast of Finance, September

Lawrence Thompson, Older & Wiser: The Economics of Public Pensions, June