F&D
June 1997 - Volume 34 - Number 2

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FINANCIAL FLOWS TO AFRICA

How Can Sub-Saharan Africa Attract More Private Capital Inflows?
Amar Bhattacharya, Peter J. Montiel, and Sunil Sharma
Financial Liberalization in Africa and Asia
Huw Pill and Mahmood Pradhan

RURAL ENERGY

Tackling the Rural Energy Problem in Developing Countries
Douglas F. Barnes, Robert van der Plas, and Willem Floor

GUEST ARTICLE

Japan's Economy Needs Structural Change
Takatoshi Ito

ALSO IN THIS ISSUE

Growth and the Environment: Allies or Foes?
Vinod Thomas and Tamara Belt
The Reform of Wholesale Payment Systems
David Folkerts-Landau, Peter Garber, and Dirk Schoenmaker
Creditors' Crucial Role in Corporate Governance
Cheryl W. Gray
Interest Rates: An Approach to Liberalization
Hassanali Mehran and Bernard Laurens

Keep up with the world economy

Improving India's Saving Performance
Martin Mühleisen
Islamic Financial Systems
Zamir Iqbal

Departments

Letter from the Editor
World Economy in Transition
Bias in the US Consumer Price Index: Why It Could Be Important
Paul A. Armknecht and Paula R. De Masi
Global Financing Trends
Developing Countries Get More Private Investment, Less Aid
Development Focus
Education and Health Care in the Caribbean
Vinaya Swaroop
Readers' Comments

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Books

The Banking Panics of the Great Depression by Elmus Wicker James M. Boughton
The Foreign Aid Business: Economic Assistance and Development Co-operation by Kunibert Raffer and H.W. Singer David Dollar
The Clash of Civilizations and the Remaking of World Order by Samuel P. Huntington Ke-young Chu
Fifty Years of Bretton Woods Twins (IMF and World Bank) by S.L.N. Simha Margaret Garritsen de Vries
Institutions for Environmental Aid: Pitfalls and Promise, edited by Robert O. Keohane and Marc A. Levy David Freestone
Central Banking in Developing Countries by Anand Chandavarkar Manuel Guitián
Against the Tide: An Intellectual History of Free Trade by Douglas A. Irwin J.M. Finger
© 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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