Volume 6, Number 5-6, May-June 1995

• World Bank Discussion on Second-Generation Transition Issues:  Growth, Restructuring, Corruption
  Anticorruption Crackdown in China
  Czech Firms:  A Mixed Picture of Restructuring

• Quotation of the Month:  "Growing Crime and Corruption Threaten Not Only Russia, but the Entire World."
  Arial Cohen of the Heritage Foundation takes the Russian Mafiya Head-On

• Anatomy of the Russian Inflation
  by Paula De Masi and Vincent Koen

• Hungarian Finance Minister Lajos Bokros Explains His Package
  "Garnering Public Support Is Indispensable"
  Box:  Unwrapping the Bokros Package
  Box:  Privatizing Hungary's Energy
  Box: Camdessus:  The March Measures Are Fine, but...

• Laszlo Csaba:  Capitalist Revolution in Eastern Europe
  by Martin Schrenk

• Milestones of Transition
  Box:  The Russian Economy--Stabilization at Last?

• World Bank/IMF Agenda

• Conference Diary

• New Books and Working Papers

• Bibliography of Selected Articles