Table Of Content

INDEX 1999—Volume 36 ARTICLES Magdi Iskander, Gerald Meyerman, Dale F. Don Tapscott and David Agnew, Governance Bijan B. Aghevli, The Asian Crisis: Causes and Gray, and Sean Hagan, Corporate in the Digital Economy, December Remedies, June Restructuring and Governance in East Asia, Michael Taylor and Alex Fleming, Integrated Harry G. Broadman, The Chinese State as March Financial Supervision. Lessons of Scandinavian Corporate Shareholder, September Otmar Issing, The Monetary Policy of the Experience, December Evangelos A. Calamitsis, Adjustment Eurosystem, March Mateen Thobani, Private Infrastructure, and Growth in Sub-Saharan Africa: The Harold James, /s Liberalization Reversible? Public Risk, March Unfinished Agenda, March December Hans Tietmeyer, Evolving Cooperation and Guillermo A. Calvo and Carmen M. Prabhat Jha, Joy de Beyer, and Peter S. Coordination in Financial Market Reinhart, Capital Flow Reversals, the Heller, Death and Taxes: Economics of Tobacco Surveillance, September Exchange Rate Debate, and Dollarization, Control, December Dorte Verner, The Euro and Latin America, September Michael Kaser, Escape Routes from Post-Soviet June William J. Carrington and Enrica Inflation and Recession, june Shahid Yusuf, The Changing Development Detragiache, How Extensive Is the Brain Malcolm Knight, Developing and Transition Landscape, December Drain? June Countries Confront Financial Globalization, Paul Cashin, Hong Liang, and C. John June BOOK REVIEWS McDermott, Do Commodity Price Shocks Last Grzegorz W. Kolodko, Incomes Policy, Equity Jahangir Amuzegar, Managing the Oil Wealth: Too Long for Stabilization Schemes to Work? Issues, and Poverty Reduction in Transition OPEC's Windfalls and Pitfalls, September September Economies, September Walter Bagehot, Lombard Street: A Benoit Coeuré and Jean Pisani-Ferry, The Timothy Lane, The Asian Financial Crisis: Description of the Money Market, December Case Against Benign Neglect of Exchange Rate What Have We Learned? September Stability, September Alejandro Lopez-Mejia, Large Capital Flows: Nancy Birdsall, Carol Graham, and Richard H. Sabot, editors, Beyond Tradeoffs: Market Carlo Cottarelli and Peter Doyle, Taming Causes, Consequences, and Policy Responses, Reform and Equitable Growth in Latin Inflation in the Transition Economies, June September America, December William Dillinger and Marianne Fay, From Padma Mallampaily and Karl P. Sauvant, Rose Brady, Kapitalizm: Russia’s Struggle to Centralized to Decentralized Governance, Foreign Direct Investment in Developing Free Its Economy, June December Countries, March Gary Burtless, Robert Z. Lawrence, Robert E. Barry Eichengreen, Is Greater Private Sector Michael Mussa, Alexander Swoboda, Jeromin Litan, and Robert J. Shapiro, Globaphobia: Burden Sharing Impossible? September Zettelmeyer, and Olivier Jeanne, Moderating Confronting Fears About Open Trade, March Simon J. Evenett, The World Trading System: Fluctuations in Capital Flows to Emerging Benjamin J. Cohen, The Geography of Money, The Road Ahead, December Market Economies, September March Yegor Gaidar, Lessons of the Russian Crisis for John Nellis, Time to Rethink Privatization in Daniel Cohen, The Wealth of the World and Transition Economies, June Transition Economies? June the Poverty of Nations, June John Kenneth Galbraith, Challenges of the Saleh M. Nsouli, A Decade of Transition: An Padma Desai, editor, Going Global: Transition New Millennium (interview), December Overview of the Achievements and Challenges, from Plan to Market in the World Economy, June Curzio Giannini, The IMF and the Lender-of- September Last-Resort Function: An External View, Ngozi Okonjo-Iweala, Victoria Kwakwa, Kevin Dowd and Richard Timberlake, edi- September Andrea Beckwith, and Zafar Ahmed, Impact tors, Money and the Nation State: The of Asia’s Financial Crisis on Cambodia and the Brenda Gonzalez-Hermosillo, Developing Financial Revolution, Government, and the Lao PDR, September Indicators to Provide Early Warnings of World Monetary System, june Banking Crises, June Alassane D. Ouattara, Africa: An Agenda for Richard Grant and Jan Nijman, editors, The the 21st Century, March Dale F. Gray and Mark R. Stone, Corporate Global Crisis in Foreign Aid, March Balance Sheets and Macroeconomic Policy, Hana Polackova, Contingent Government Miles Kahler, editor, Capital Flows and September Liabilities: A Hidden Fiscal Risk, March Financial Crises, December Manuel Guitian, Economic Policy Implications Garry J. Schinasi, Systemic Aspects of Recent Paul Krugman, The Return of Depression of Global Financial Flows, March Turbulence in Mature Markets, March Economics, December Anne-Marie Gulde, The Role of the Currency Garry J. Schinasi, Burkhard Drees, and Deepak Lal, Unintended Consequences: The Board in Bulgaria’s Stabilization, September William Lee, Managing Global Finance and Impact of Factor Endowments, Culture, and Risk, December Elliott Harris, Impact of the Asian Crisis on Politics on Long-Run Economic Performance, Sub-Saharan Africa, March Ludger Schuknecht, A Trade Policy Perspective June on Capital Controls, March Oleh Havrylyshyn and Thomas Wolf, Nicholas R. Lardy, China’s Unfinished Determinants of Growth in Transition Robert Sharer, Trade: An Engine of Growth for Economic Revolution, September Countries, June Africa, December Richard C. Longworth, Global Squeeze: The Ricki Tigert Helfer, What Deposit Insurance Sunil Sharma, The Challenge of Predicting Coming Crisis for First- World Nations, March Can and Cannot Do, March Economic Crises, June Zuhayr Mikdashi, Les banques a l’ére de la Ernesto Hernandez-Cata, Sub-Saharan Paul Streeten, Components of a Future mondialisation, March Africa: Economic Policy and Outlook for Development Strategy: The Importance of Sylvester J. Schieber and John B. Shoven, Growth, March Human Development, December editors, Public Policy Toward Pensions, June IMF Area Department Directors, The World Alexander Swoboda, Reforming the Inter- Alfred Steinherr, Derivatives: The Wild Beast Economy: Issues for the New Millennium, national Financial Architecture, September of Finance, September December Vito Tanzi, Transition and the Changing Role Lawrence Thompson, Older & Wiser: The of Government, June Economics of Public Pensions, June Finance & Development December 1999 57