March 1997 - Volume 34 - Number 1
GLOBAL MONEY
Causes of Capital Inflows and Policy Responses to ThemNadeem Ul Haque, Donald Mathieson, and Sunil Sharma
Money Laundering: Muddying the Macroeconomy
Peter J. Quirk
Rating the Raters of Country Creditworthiness
Nadeem Ul Haque, Donald Mathieson, and Nelson Mark
CENTRAL BANKING: THE CHALLENGES AHEAD
Financial System SoundnessStanley Fischer
ALSO IN THIS ISSUE
What Happened to the Peace Dividend?Benedict Clements, Sanjeev Gupta, and Jerald Schiff
How Indochina's Economies Took Off
John Dodsworth
International Joint Ventures in Developing Countries
Robert Miller, Jack Glen, Fred Jaspersen, and Yannis Karmokolias
How Tax Systems Treat Men and Women Differently
Janet G. Stotsky
Private Capital in Water and Sanitation
David Haarmeyer and Ashoka Mody
Economic Growth and Income Inequality: Reexamining the Links
Klaus Deininger and Lyn Squire
Banking Crises in the Baltics
Alex Fleming, Lily Chu, and Marie-Renée Bakker
Departments
Letter from the EditorWorld Economy in Transition
Statistical Discrepancies in the World Current Account
John Motala
Development Focus
Economic Trends in the Developing World
Readers' Comments
Books
| Future Global Capital Shortages: Real Threat or Pure Fiction? A study by the OECD | Robert F. Wescott |
| Agenda for Africa's Economic Renewal by Benno Ndulu, Nicolas van de Walle, and others | Hiroyuki Hino |
| The Ends of the Earth: From Togo to Turkmenistan, From Iran to Cambodia--A Journey to the Frontiers of Anarchy by Robert D. Kaplan | Lant Pritchett |
| North Africa: Development and Reform in a Changing Global Economy, edited by Dirk Vandewalle | Klaus Enders |
| The Liberalization of Capital Movements in Europe: The Monetary Committee and Financial Integration 19581994 by Age F.P. Bakker | S. Kal Wajid |
| Private Pension Policies in Industrialized Countries: A Comparative Analysis by John A. Turner and Noriyasu Watanabe | Louise Fox |
| Central Banking and Banking Regulation by Rosa María Lastra | Manuel Guitián |
| Socialism, Capitalism, Transformation by Leszek Balcerowicz | Gerd Schwartz |
| Abbreviations used in this issue | |
|---|---|
| ACDA | Arms Control and Disarmament Agency |
| BIS | Bank for International Settlements |
| BOO | Build-own-operate |
| BOT | Build-own-transfer |
| c.i.f. | Cost, insurance, and freight |
| CMEA | Council for Mutual Economic Assistance |
| EC | European Community |
| EIU | Economist Intelligence Unit |
| EU | European Union |
| FATA | Financial Action Task Force |
| FDI | Foreign direct investment |
| FSU | Former Soviet Union |
| GDP | Gross domestic product |
| GNP | Gross national product |
| IAS | International Audit Standards |
| IFC | International Finance Corporation |
| IISS | International Institute of Strategic Studies |
| IMF | International Monetary Fund |
| LIBOR | London interbank offer rate |
| OECD | Organization for Economic Cooperation and Development |
| SIPRI | Stockholm International Peace Research Institute |
| SSA | Social structures of accumulation |
| UFW | Unaccounted-for water |
| WDI | World Development Indicators |
| WEO | World Economic Outlook |
© 1997 by the International Monetary Fund and the International Bank for Reconstruction and Development/The World Bank. All rights reserved. Requests for permission to reproduce articles should be sent to the Editor. Finance & Development will normally give permission promptly, and without asking a fee, when the intended reproduction is for noncommercial purposes.
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