Volume 8, Number 6, December 1997

• Interview with Joseph Stiglitz--Transition Economy Is Still A Well-Defined Category

• Market Failure and Corruption in the Czech Republic
  by Andrew Schwartz
  Box: Czech Capital Market Control--To Be Announced Later

• EBRD Report Predicts Accelerated Growth in Most Transition Countries--Old Nomenklatura Benefited Privatization

• Why the Strict Trade Regime in Uzbekistan?
  by David Tarr
  Box: Som Like It Appreciated....
  Box: 1998 Index of Economic Freedom

• Eastern Europe behind a Red-Tape Curtain--DHL Customs Report Rebukes Bureaucratic Regulations

• Letter to the Editor

• Russian Grassroots Fight for True Federalism
  by Adam Korengold and Leonid Polishchuk
  Box: IRS + CU = U.S.-Russia--Regional Programs
  Box: Russian Asymmetric Federation--Regional Economics 101
  
• Hungary's " In Vivo" Pension Reform Experience
  by Antal Deutsch
  Box: Russia Is Getting Ready for Private Pension Funds
  Box: The World of Pensions

• Milestones of Transition

• "There is a need for socialist care for the poorest, conservative defense of tradition, and liberal reflection on efficiency and growth."

• World Bank/IMF Agenda
• Conference Diary
• New Books and Working Papers
• Bibliography of Selected Articles
• To Our Readers!