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INDEX 1993 VOLUME 30 Articles Roman Frydman & Andrzej Rapaczynski, Mohan Munasinghe, The Economist's Approach to Privatization in Eastern Europe: Is the State Masood Ahmed & Sudarshan Gooptu, Portfolio Sustainable Development, December Withering Away? June Investment Flows to Developing Countries, March Mohan Munasinghe, Wilfrido Cruz, & Jeremy J. Luis Guasch & Thomas Glaessner, The How Asad Alam & Sarath Rajapatirana, Trade Reform Warford, Are Economywide Policies Good for the and Why of Credit Auctions, March Environment? September in Latin America and The Caribbean, September Robert Hecht & Philip Musgrove, Rethinking the Saleh Nsouli, Structural Adjustment in Sub-Saharan Dennis Anderson & Kulsum Ahmed, Where We Government's Role in Health, September Africa, September Stand with Renewable Energy, June Ian Hume & Brian Pinto, Prejudice and Fact in Michael Papaioannou & Lawrence Duke, The Nancy Birdsall & Andrew Steer, Act Now on Global Poland's Industrial Transformation, June Internationalization of Emerging Equity Markets, Warming—But Don't Cook the Books, March Dean Jamison, Investing in Health, September September Jose-Luis Bobadilla & Helen Saxenian, Designing George Kopits, Reforming Social Security Systems, Sanjay Pradhan & Vinaya Swaroop, Public an Essential National Health Package, September June Spending and Adjustment, September Guillermo Calvo & Carlos Vegh, Currency Pierre Landell-Mills, National Perspective Studies in Peter Quirk & Hernan Cortes-Douglas, The Substitution in High-Inflation Countries, March Africa: A Vision of a Better Future, December Experience with Floating Rates, June Michael Cernea, The Sociologist's Approach to Timothy Lane, Can Market Forces Discipline Colin Rees, The Ecologist's Approach to Sustainable Development, December Government Borrowing? March Sustainable Development, December Ajay Chhibber & Chad Leechor, Ghana: 2000 and Sergio Pereira Leite, Coordinating Public Debt and Einars Repse, "Be Ready To Be Blamed for Beyond, September Monetary Management, March Everything": How Latvia Introduced Its Currency, Ke-Young Chu & Sanjeev Gupta, Protecting the Bernhard Liese & Paramjit Sachdeva, Organizing December Poor: Social Safety Nets During Transition, June Tropical Disease Control, December Miguel Schloss, Does Petroleum Procurement and John Clark & Eliot Kalter, Recent Innovations in Jennie Litvack & Christine Wallich, Trade Matter? March Debt Restructuring, September Intergovernmental Finance: Critical to Russia's Gerd Schwartz & Paulo Silva Lopes, Privatization: William Cline, Give Greenhouse Abatement a Fair Transformation? June Expectations, Trade-offs, and Results, June Chance, March Paul Masson, Policy Coordination: How Is It Ismail Serageldin, Making Development Michael Cohen, Megacities and the Environment, Affected by Uncertainty? December Sustainable, December June Rachel McCulloch, Foreign Direct Investment in the Grant Spencer & Adrienne Cheasty, The Ruble Nat Colletta & Nicole Ball, War to Peace Transition United States, March Area: A Breaking of Old Ties? June in Uganda, June Constantino Michalopoulos & David Tarr, Andrew Steer & Ernst Lutz, Measuring Hernan Cortes-Douglas & Richard Abrams, Energizing Trade of the States of the Former USSR, Introducing New National Currencies, December Environmentally Sustainable Development, March December Mohamed EI-Erian & Shamsuddin Tareq, Structural Reforms in Arab Countries, September Robert Miller, Determinants of US Manufacturing Jee-Peng Tan & Kenneth Hill, The Foundation for Investment Abroad, March Better Health, September William Easterly & Lant Pritchett, The Stephen Mink, Poverty and the Environment, George Tavlas, The Theory of Optimum Currency Determinants of Economic Success: Luck and December Areas Revisited, June Policy, December Abbas Mirakhor & Delano Villanueva, Interest Laura Wallace, Discounting Our Descendants? An Robert Feldman & Rajnish Mehra, Auctions: A Rate Policies in Developing Countries, December Introduction, March Sampling of Techniques, September Peter Montiel & Jonathan Ostry, Targeting the A First Look at Financial Programming, March Jacob Frenkel, Top Economist Ponders a Changing World, December Real Exchange Rate in Developing Countries, March Military Expenditures: Will the Post-7905 Decline be Sustained? December Edward Clay and Olav Stokke, editors, Food Aid Kenneth King, June Reconsidered, reviewed by Pierre Landell-Mills, Michael Karen and Gur Ofer, editors, Economic Book Reviews September Reform in the Former Communist Bloc, reviewed by Christopher Colclough and James Manor, edi- Thomas Wolf, September William James Adams, editor, Singular Europe: tors, States or Markets? reviewed by Martin Andras Koves, Central and East European Economy and Polity of the European Community Ravallion, March Economies in Transition, reviewed by Thomas Wolf, After 1992, reviewed by Sara Kane, December Partha Dasgupta, An Inquiry Into Well-Being and September Etisham Ahmad and Nicholas Stern, The Theory Destitution, reviewed by Vinod Thomas, December Paul Krugman and Marcus Miller, editors, and Practice of Tax Reform in Developing Countries, Michael Ellman, Egor Gaidar, and Grzegorz Exchange Rate Targets and Currency Bands, reviewed by Alan Tail, September Kolodko, Economic Transition in Eastern Europe, reviewed by Karl Driessen, March Anthony B. Atkinson and John Micklewright, reviewed by Thomas Wolf, September Nora Lustig, Barry P. Bosworth, and Robert Z. Economic Transformation in Eastern Europe and the Stanley Fischer, Dani Rodrik, and Elias Tuma, Lawrence, editors, North American Free Trade, Distribution of Income, reviewed by Branko editors, The Economics of Middle East Peace: reviewed by John Nash, June Milanovic, September Views from the Region, reviewed by Robert A. Mertz, Donald G. Moggridge, Maynard Keynes, An Jagdish Bhagwati, India in Transition: Freeing the December Economist's Biography, reviewed by Anand Economy, reviewed by Anand Chandavarkar, Jeffrey A. Frankel, On Exchange Rates, reviewed Chandavarkar, September December by Jonathan D. Ostry, December Moises NaTm, Paper Tigers & Minotaurs, reviewed Richard M. Bird, Tax Policy and Economic Jacob A. Frenkel, Assaf Razin, and Efraim Sadka, by Guy Pfeffermann, September Development, reviewed by Alan Tail, September International Taxation in an Integrated World, Alice M. Rivlin, Reviving the American Dream, Jesmond Blumenfeld, Economic Interdependence reviewed by Alan Tait, September reviewed by Rozlyn Coleman, March in Southern Africa, reviewed by Tamim Bayoumi, Enzo R. Grilli, The European Community and the Julian L. Simon, Population and Development in March Developing Countries, reviewed by Sara Kane, Poor Countries, reviewed by William McGreevey, Matthew B. Canzoneri, Vittorio Grilli, and Paul R. December June Masson, editors, Establishing a Central Bank, Gene M. Grossman and Elhanan Helpman, Robert Skidelsky, John Maynard Keynes, The reviewed by Karl Habermeier, September Innovation and Growth in the Global Economy, Economist as Saviour, 1920-1937, A Biography, Eliana Cardoso and Ann Helwege, Cuba After reviewed by Gregory Ingram, March reviewed by Anand Chandavarkar, September Communism, reviewed by Erich Spitaeller, June Stephan Haggard and Robert R. Kaufman, Laura d'Andrea Tyson, Who's Bashing Whom? A. Chhibber, M. Dailami, and N. Shafik, editors, editors, The Politics of Economic Adjustment, reviewed by J. Michael Finger, June Reviving Private Investment in Developing Countries, reviewed by Azizali Mohammed, March Robert Wade, Governing the Market, reviewed by reviewed by Eugene M. Salorio, December Gerald K. Helleiner, editor, Trade Policy, Brian Levy, March Christopher Clague and Gordon Rausser, Industrialization, and Development, reviewed by Michael C. Williams, Vietnam at the Crossroads, editors, The Emergence of Market Economies in Patrick Low, March reviewed by Vikram Khanna, June Eastern Europe, reviewed by Thomas Wolf, Thomas B. Johansson era/., Renewable Energy: September Sources for Fuels and Electricity, reviewed by Finance & Development I December 1993 53 ©International Monetary Fund. Not for Redistribution COMMODITY Launches Two ^MARKETS* Analytical Quarterly AND THE Newsletters DEVELOPING COUNTRIES Two timely quarterly reports from This new review discusses recent develop- ments in 34 primary commodity markets the World Bank's International and their likely impact on prices. Economics Department offer data and World Bank trade analysts look at produc- expert analyses on tion, consumption, and trade patterns to pin- the international point why some commodities should thrive while others may falter. Each issue provides financial and succinct - yet substantive - assessments that commodit) keep readers abreast of the current market markets. climate for # Food # Agricultural Raw Materials # Metals and Minerals # Energy VIXAJKCXAJLL # Fertilizer Approximately 24 pages / ISSN 1020-0967 / vi^o^rei Charier Issue December 1993 / AND THE Annual Subscription $150.Off/ DEVELOPING COUNTRIES Charier Rale SI 12.50 Now financial decisionmakers have access to the World Bank's timely, accurate, and C ^tJ3S» please enter my subscription for concise analyses of developing country debt the new World Bank quarterlies indicated: and international financial flows with this D Financial Flows and the Developing new subscription newsletter. Countries USSH2.50/year D Commodity Markets and the Developing Each quarterly issue examines the latest Countries ~US$/12.50/year events and trends affecting developing |_J I^irC^y [ do nol wish to subscribe