|
Contact Us • FAQ • Index • Search | ||
|
|
||
|
|||
|
|
|||
| ||||||||||||
|
New Books and Working Papers The Macroeconomics and Growth Division regrets that it is unable to provide the publications listed. World Bank Publications To receive ordering and price information for World Bank publications, contact the World Bank, P.O. Box 960 Herndon, VA 20172, United States, tel.: 703-661-1580, fax: 703-661-1501, email: books@worldbank.org, Internet: http://www.worldbank.org/publications or visit the World Bank InfoShop in the United States, at 701 18th Street, NW, Washington, DC (tel: 202-458-5454).Discussion Papers Csaba Csaki and Zvi Lerman, Land Reform in Ukraine: The First Five Years, Discussion Paper 371, August 1997, 100 p. Working Papers Cevdet Denizer, The Effects of Financial Liberalization and New Bank Entry on Market Structure and Competition in Turkey, 1839, November 1997. To order: Emily Khine, tel. 202-473-7471, fax 202-522-3518. Martin Rama, Efficient Public Sector Downsizing, 1840, November 1997. To order: Sheila M. Fallon, tel. 202-473-8009, fax 202-522-1153. David E. Wildasin, Externalities and Bailouts: Hard and Soft Budget Constraints in Intergovernmental Fiscal Relations, 1843, November 1997. To order: Cynthia Bernardo, tel. 202-473-7699. Chonira Aturupane, Simeon Djankov, and Bernard Hoekman, Determinants of Intra-Industry Trade Between East and West Europe, 1850, November 1997. To order: Jennifer Ngaine, room H3-029, tel. 202-473-7947. Graciela Kaminsky, Saul Lizondo, and Carmen M. Reinhart, Leading Indicators of Currency Crises, 1852, November 1997. To order: Saul Lizondo, room I8-169, tel. 202-458-5431. Cevdet Denizer, Stabilization, Adjustment, and Growth Prospects in Transition Economies, 1855, November 1997. To order: Emily Khine, tel. 202-473-7471. Susmita Dasgupta, Hua Wang, and David Wheeler, Surviving Success: Policy Reform and the Future of Industrial Pollution in China, 1856, November 1997. To order: Susmita Dasgupta, tel. 202-473-2679. Joselito Gallardo, Leasing to Support Small Businesses and Microenter-prises, 1857, December 1997. To order: R. Garner, room F6P-212, tel. 202-473-7664. Mansoor Dailami and Danny Leipziger, Infrastructure Project Finance and Capital Flows: A New Perspective, 1861, December 1997. To order: Mansoor Dailami, room G2-071, tel. 202-473-2130. Jyotsna Jalan and Martin Ravallion, Spatial Poverty Traps? 1862, December 1997. To order: Patricia Sader, tel. 202-473-3902. Jyotsna Jalan and Martin Ravallion, Are the Poor Less Well-Insured? Evidence on Vulnerability to Income Risk in Rural China, 1863, December 1997. To order: Patricia Sader, tel. 202-473-3902. Deon Filmer and Lant Pritchett, Child Mortality and Public Spending on Health: How Much Does Money Matter? 1864, December 1997. To order: Sheila M. Fallon, tel. 202-473-8009, fax 202-522-1153. Other Publications Helping Countries Combat Corruption: The Role of the World Bank, Poverty Reduction and Economic Management, World Bank, September 1997, 69 p. IMF Publications To order: IMF Publication Services, 700 19th Street, NW, Washington, D.C. 20431, United States, tel. 202-623-7430, fax 202-623-7201, Email:publications @imf.org, Internet:http://www.imf.org Working Papers Atish R. Ghosh, Inflation in Transition Economies: How Much? And Why? Working Paper 97/80, July 1997, 28 p. Zuzana Brixiova, On the Speed of Transition in Central and Eastern Europe: Does On-the-Job Search Matter? Working Paper 97/102, August 1997, 22 p. Mark De Broeck, Kornelia Krajnyak, and Henri Lorie, Explaining and Forecasting the Velocity of Money in Transition Economies, with Special Reference to the Baltics, Russia, and Other Countries of the Former Soviet Union, Working Paper 98/108, September 1997, 46 p. Vito Tanzi, The Changing Role of the State in the Economy: A Historical Perspective, Working Paper 97/114, September 1997, 28 p. Alicia Garcia-Herrero, Monetary Impact of a Banking Crisis and the Conduct of Monetary Policy, Working Paper 97/124, September 1997, 83 p. Paul R. Masson, Miguel A. Savastano, and Sunil Sharma, The Scope for Inflation Targeting in Developing Countries, Working Paper 97/130, October 1997, 53 p. Stefano Manzocchi, External Finance and Foreign Debt in Central and Eastern European Countries, Working Paper 97/134, October 1997, 28 p. S. Erik Oppers, Macroeconomic Cycles in China, Working Paper 97/135, October 1997, 35 p. Pietro Garibaldi and Zuzana Brixiova, Labor Market Institutions and Unemployment Dynamics in Transition Economies, Working Paper 137, October 1997, 46 p. Asian Development Bank To order: Asian Development Bank, P.O. Box 789, 0980 Manila, Philippines. Armin Bauer, Nina Boschmann, and David Green, Women and Gender Relations in Kazakhstan: The Social Cost, March 1997, 138 p. Armin Bauer, David Green, and Kathleen Kuehnast, Women and Gender Relations: The Kyrgyz Republic in Transition, March 1997, 134 p. Cambridge University Press Publications To order: Cambridge University Press, 110 Midland Avenue, Port Chester, New York, 10573-4930, tel. 914-937-9600, fax 914-937-4712. Benjamin J. Cohen (ed.), International Trade and Finance: New Frontiers for Research—Essays in Honor of Peter B. Kenen, 1997, 402 p. David E. Wildasin (ed.), Fiscal Aspects of Evolving Federations, 1997, 228 p. Palms & Company Inc., Publications To order: Palms & Company, Inc., Investment Bankers, 515 Lake Street South, #103, Kirkland, Washington 98033, United States, tel. 425-828-6774, fax 425-827-5528, Email: hi@aa.net or Michael Mandeville, Email: mwm@ aa.net Anke van de Waal, Personal Development and Transformation for Russian Business Managers, November 1997, 100 p. Pyotr Joannevich van de Waal-Palms, Understanding Russian Banking, Mossbusinessbank, Promstroibank, Bank Saint Petersburg, and Petrovsky Bank, November 1997, 300 p. Leuven Institute for Central and East European Studies Publications To order: Katholieke Universiteit Leuven, Ch. Deberiotstraat 34, 3000 Leuven, tel. 32-16-326-598, fax 32-16-326-599. Marvin Jackson, Restructuring or Structural Change in Industry of Transition Countries: A Review of Issues, Working Paper 63, 1997, 24 p. Marvin Jackson and Alexander Repkin, A Comparison of Structural Changes Among the Branches of Industry in Seven Transition Countries [Bulgaria, Czech Republic, Hungary, Poland, Romania, Slovakia, and Slovenia], Working Paper 64, 1997, 52 p. Stefan Janssens, The Effects of Product Market Competition, Globalization and Unions on Productivity, Working Paper 65, 1997, 22 p. Jozef Konings and Alexander Repkin, How Efficient are Firms in Transition Countries? Firm Level Evidence from Bulgaria and Romania, Working Paper 66, 1997, 35 p. Edward Elgar Publishing Inc., Publications Edward Elgar Publishing Inc., 6 Market Street, Northampton, Massachusetts 01060, United States, tel. 413-584-5551, fax 413-584-9933. James Angresano, The Political Economy of Gunnar Myrdal: An Institutional Basis for the Transformation Problem, November 1997, 224 p. Peter Kaderjak and John Powell (eds.), Economics for Environmental Policy in Transition Economies: An Analysis of the Hungarian Experience, November 1997, 200 p. SIGMA Publications To order: SIGMA-OECD, 2, rue André-Pascal, 75775 Paris Cedex 16, France, tel. 331-4524-7900, fax 331-4524-1300, Email: sigma.contact@oecd.org, Internet: http://www.oecd.org/puma/sigmaweb Assessing the Impacts of Proposed Laws and Regulations, 13, 1997, 94 p. Civil Service Legislation: Checklist on Secondary Legislation (And Other Regulatory Instruments), 1997, 12 p. Checklist on Law Drafting and Regulatory Management in Central and Eastern Europe 15, 1997, 29 p. Public Service Training Systems in OECD Countries 16, 1997, 21 p. Administrative Procedures and the Supervision of Administration in Hungary, Poland, Bulgaria, Estonia, and Albania 17, 1997, 134 p. Law Drafting and Regulatory Management in Central and Eastern Europe [Albania, Bulgaria, Estonia, Lithuania, Slovakia, and Slovenia] 18, 1997, 207 p. Effects of European Union Accession, Part 1: Budgeting and Financial Control 19, 1997, 175 p. Effects of European Union Accession, Part 2: External Audit, 20, 1997, 151 p. Anatomy of the Expenditure Budget, Policy Brief 1, 1997, 7 p. Civil Service Pension Schemes, Policy Brief 2, 1997, 7 p. University of Leicester Publications To order: Faculty of Social Sciences, Management Centre, University of Leicester LE1 7RH, United Kingdom, tel. 0116-252-3952, fax 0116-252-3949, or the Centre for European Economic Studies (CEES) tel. 0533-522-892, fax 0533-522-908. Chin Bun Tse, Relational Database System for Small/Medium Size Accounting Firms, 97/2, May 1997, 14 p. Janusz Maciaszek, Katarzyna Mikolajczyk, and Barbara M. Roberts, Some Consequences of Eliminating Unprofitable Output: Evidence from Polish Enterprises, 97/1, July 1997, 22 p. Robert Ackrill and Dean Garratt, Rules, Discretion and National Policy Autonomy Under Economic and Monetary Union, 97/2, September 1997, 21 p. Stephen Pudney, Derek Deadman, and David Pyle, The Effect of Under-Reporting in Statistical Models of Criminal Activity: Estimation of an Error Correction Model with Measurement Error, 97/3, September 1997, 28 p. Wojciech W. Charemza, Kalvinder Shields, and Anna Zalewska-Mitura, Predictability of Stock Markets with Disequilibrium Trading, 97/5, October 1997, 19 p. WIIW Publications To order: WIIW, Vienna Institute for Comparative Economic Studies, Oppolzergasse 6, A-1010 Vienna, tel. 431-533-6610, fax 431-533-661050. Alena Zemplinerova, The Role of Foreign Enterprises in the Privatization and Restructuring of the Czech Economy, WIIW 238, June 1997, 38 p. Peter Havlik and others, Transition Countries Outlook Falters in 1997: Some Stumble and Recover, Some Have Problems Ahead, WIIW 239, July 1997, 65 p. Almost a decade since the start of reforms, the transition economies are still fragile. Trouble hit the Czech Republic early in 1997 and devaluation of the Slovak currency appears inevitable. Poland could confront similar dilemmas in 1998. Only Hungary and Slovenia display accelerating economic growth. On average, the economies of the five Central and Eastern European (CEE) countries are expected to grow well below 5 percent a year, and the process of catching up with Western Europe will be slower. With Bulgaria and Romania dramatically falling back, average GDP growth for the CEE-7 was projected to drop by some 2 percentage points in 1997, to recover only in 1998. Economic recovery was once more delayed in Russia and Ukraine, and government finances in both countries are in a precarious state. An almost decade-long economic decline is finally coming to an end in both countries. The main challenge to faster economic growth in the region lies in the heavily constrained external positions. The deteriorating cost competitiveness, coupled with the generally sluggish demand in Western Europe, clouds the prospects for export-led growth. In contrast to the first years of recovery after 1993, it is now predominantly domestic absorption that affects the economic performance of the transition countries. With the possible exception of Hungary, private consumption and investment have been the main determinants of recent economic performance: in the contracting economies of Bulgaria and Romania demand plunged in early 1997, while it boomed in Poland and Slovakia. The more advanced CEE countries have a good chance of becoming normally functioning European market economies in the medium term, while the outlook for southeast Europe, the Balkans, and the CIS countries (including Russia) is more bleak. Kazimierz Laski, Macroeconomic Problems of Trade Liberalization and EU Eastern Enlargement, WIIW 241, September 1997, 33 p. The abrupt liberalization of foreign trade exposed the transition economies’ weak competitiveness and was responsible for a large part of the sharp economic decline at the beginning of the transformation. It was also the main cause of an unsustainable import surplus in many transforming countries. To ease difficulties in foreign trade, government can intervene either by supporting the expansion of export capacity or by encouraging domestic savings. The role of capital inflows in financing the balance of trade and the current account deficit is obvious. However, capital inflows, especially the speculative kind, may also be a factor in destabilizing the economy. CEE countries can avoid problems related to real appreciation and the potential loss of competitiveness at the time of their accession to the EU by maintaining the autonomous exchange rate policy. Josef Faliinger, Growth, Distribution and Employment, WIIW 242, October 1997, 17 p. If inequality is not mitigated by public redistributive measures, it can lead to political instability, which has a negative impact on investments and growth. If inherited wealth does not correspond to inherited skills, and if the funding opportunities open to the wealthy are better than those open to the skilled, the market will not allocate efficiently. Political economics and market imperfections explain the negative relationship between inequality and growth. Another explanation is based on the change in demand, investment, and innovation, determined by the structure of anticipated demand. The development of demand, however, usually depends on income distribution. Distribution thus influences, through demand, the process of investment and innovation. Establishing new businesses will entail major investment costs, and a large group of consumers (a less elitist distribution) would simplify the amortization of the investment. Redistribution that levies taxes on wealthier employees in order to subsidize the training of poorer employees leads to more training and higher employment; both the rate of growth and the level of employment will then rise. Berichte des Bundesinstituts fur Ostwissenschaftliche und Internationale Studien Publications To order: Bundesinstitut fur Ostwissen-schaftliche und Internationale Studien, Lindenbornstr, 22, D-50823 Koln, tel. 0221-57470, fax 0221-5747110, Internet: http://www.uni-koeln.de/extern/biost Ognian Hishow, Makrookonomische Politik und Reformfortschritte im Ostlichen Europa: Differenzierung Durch Unterschiedliche Transformations-konzepte, 25, 1997, 40 p. Olga Alexandrova and Heinz Timmermann, Rusland-Belarus-GUS: Integrationsbestrebungen und Desintegrationstendenzen, 30, 1997, 27 p. Rolant Gotz, Wirtschaftswachstum in Russland: Faktoren und Pers-pektiven, 32, 1997, 41 p. Eleonora Schneider, Quo Vadis, Slowakei? Von der Eingeleiteten Demokratie Zum Autoritarismus? 36, 1997, 40 p. Hans-Hermann Hohmann, Christian Meier, and Heinz Timmermann, Russia and Germany in Europe: Recent Trends of Political and Economic Relations, 38, 1997, 36 p. Other Publications Economies in Transition: Eastern Europe and the Former Soviet Union—Regional Overview, Country Forecast, The Economist Intelligence Unit, 1997, 53 p. To order: The Economist Intelligence Unit, Client Relations, 15 Regent Street, London SW1Y 4LR, United Kingdom, tel. 44-171-830-1007, fax 44-1708-371-850, Email: london@eiu.com Václav Hoffmann, Jaroslav Jirásek, Milan Kubr, and Zbynek Pitra, Czech Manager: In the Process of Transformation, National Training Fund, Prague 1996, 28 p. Ethan B. Kapstein and Michael Mandelbaum (eds.), Sustaining the Transition: The Social Safety Net in Postcommunist Europe, Council on Foreign Relations, New York, 1997, 198 p. To order: Council on Foreign Relations, 58 East 68th Street, New York, New York 10021, United States, tel. 800-275-1447. Danijela Kulis and Zarko Miljenovic, Estimate of Revenues from the Value-Added Tax in the Republic of Croatia, Occasional Paper 2, October 1997, 20 p. Croatia is to introduce the value-added tax (VAT) on January 1, 1998. This research project estimated VAT revenues. Based on comparisons with countries with a single rate similar to that of Croatia (Denmark, 22 percent and Norway, 20 percent) and a similar base to that of Croatia (all goods and services), the study estimated VAT revenues at about 10 percent of Croatia’s GDP. Revenues from indirect taxation are expected to decline after the introduction of the VAT. In recent years the sales tax has been yielding about 13 percent of GDP. To order: Institute of Public Finance, Katanciceva 5, 10000 Zagreb, Croatia, tel. 385-1-433-006, fax 385-1-277-089, Email: ured@ijf.hr Marek Lubinski (ed.), Poland: International Economic Report 1996/1997, World Economy Research Institute, Poland, 1997, 240 p. To order: World Economy Research Institute, Rakowiecka 24, 02-554 Warsaw, Poland, tel.4822- 49-12-51, fax 4822-48-91-32. Bradley J. Rorem and Renee Giovarelli, Agrarian Reform in the Russian Far East, RDI Reports on Foreign Aid and Development 95, Rural Development Institute, United States, October 1997, 44 p. Agrarian reform in the Russian Far East has brought about the successful introduction of a market for a land shares leasing scheme. Some land share owners receive supplementary income from the lease, but the majority have not yet tested the market. Landowners operate under the threat that their land will be confiscated by local officials for nonuse or irrational use. Agricultural producers should be allowed to leave land fallow not only to regenerate soil but also for the simple reason that production in any given year may not be profitable. Further recommendations: The majority of land that is currently part of level land-redistribution funds should be privatized. Ownership of land, in the land funds, that is currently being leased to peasant farms should be transferred to the lessee for a payment equal to five times the land tax. In anticipation of a fully effective land market, the government should make it clear—through a public information campaign—that peasant farm owners are entitled to lease out agricultural land plots. In order to make long-term credit available to peasant farmers, the right to mortgage land should be made fully operational. Large agricultural enterprises that are clearly insolvent should be broken up. Policymakers should strive to develop land share rights.
To order: Rural Development Institute, 4746 11th Avenue N.E., #505, Seattle, Washington 98105, United States, fax 206-528-5881, Email: rdi@u.washington.edu Dieter Schumacher, Harald Trabold, and Christian Weise (eds.), Transformation des Wirtschaftssystems in Den Mittel-und Osteuropaischen Landern: Aussenwirtschaftliche Bedingungen und Auswirkungen, DIW Sonderheft 161, 1997, 434 p. To order: Duncker & Humblot, Berlin, Carl-Heinrich-Becker-Weg 9, D-12165 Berlin, Germany, tel. 4930-790-0060, fax 4930-7900-0631, Email: duh-werbung@t-online.de Social Security Programs Throughout the World—1997, Research Report 65, Social Security Administration, United States, August 1997, 394 p. This is the 60th anniversary of the United States Social Security Administration (SSA). The SSA has been documenting details about social security systems around the world through this publication. This edition contains summaries of 172 systems in effect on January 1, 1997. To order: Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402-9325, Email: barbara.e.kritzer@ssa.gov; Internet: http://www.ssa.gov/statistics/ores_home.html Peter Stanovnik and Marjan Sveticic, Slovenia and the European Union, Center for International Relations, Faculty of Social Sciences, University of Ljubljana, Slovenia, June 1997, 24 p. To order: University of Ljubljana, Faculty of Social Sciences, 1001 Ljubljana, P.O. Box 2547, Slovenia, tel. 38661-1681-461, fax 38661-1685-330, Email: marjan. svetlicic@uni-lj.si Dr. Marjan Svetlicic, Outward Foreign Direct Investment by Central European Economies and Restructuring, University of Ljubljana, Faculty of Social Sciences, Slovenia, 1997. To order: University of Ljubljana, Faculty of Social Sciences, 1001 Ljubljana, P.O. Box 2547, Slovenia, tel. 38661-1681-461, fax 38661-1685-330, Email: marjan. svetlicic@uni-lj.si Think Tanks in Central and Eastern Europe: A Comprehensive Directory, Freedom House, United States, 1997, 236 p. Freedom House (recently merged with the National Forum Foundation) launched the Regional Think Tank Initiative in Central and Eastern Europe in 1997 to strengthen indigenous public policy institutes, or think tanks, that advocate democratic and free-market reforms in the former East Bloc. The directory lists the region’s new policy institutes. To order: Freedom House, 511 C Street, NE, Washington, D.C. 20002, United States, tel. 202-543-3515, fax 202-547-4101. P. Watson, Health in Societies in Transition I: Evidence from the Nowa Huta Study, Sociological Research Group Working Paper 23, University of Cambridge, July 1997. To order: Sociological Research Group, Faculty of Social and Political Sciences, University of Cambridge, Free School Lane, Cambridge, England, CB2 3RQ, tel. 01223-334-521, fax 1223-334-550. The Oil and Gas Industry of Sakhalin Island, Russian Far East Update, United States, September 1997, 52 p. To order: Elina Erlendsson, Russian Far East Update, P.O. Box 22126, Seattle, Washington 98126, United States, tel. 206-447-2668, fax 206-628-0979, Internet: http://www.russianfareast.com/ Newsletters/Special Publications East European Constitutional Review, published quarterly by the Central European University. This double issue, Vol. 6, no. 1-2, 1997, contains the following topics: Constitution Watch country by country updates on constitutional politics in Eastern Europe and the former USSR, Ken Jowitt explores the real causes of the Soviet Union’s collapse, Andrei Plesu asks if the European Union is more than a community of consumers and producers, Bohdan Futey analyzes the new Ukrainian "Law on the Constitutional Court," and the 1997 Polish Constitution. To order: East European Constitutional Review, Nador u. 11, 1051, Budapest, Hungary or CSCEE, the University of Chicago Law School, 1111 East 60th Street, Chicago, Illinois, 60637. The Economics of Transition, published by Oxford University Press for the European Bank for Reconstruction and Development, Vol. 5, no. 1, May 1997 contains the following topics: Enterprise Restructuring and Social Benefits, by S. Commander and M. Schankerman; Bank-led Restructuring in Poland (II), by C. W. Gray and A. Holle; Industrial Restructuring in Russia, by E. Fuglo and C. Senik-Leygonie; A Portfolio Approach to a Cross-Sectoral and Cross-National Investment Strategy, by W. H. Buiter and others; and Round Table on Russia by M. D. Intriligator, A. Shleifer, and J. Lloyd. To order: Mrs. Pat Chrystal, Secretary, Economics of Transition, CERT, Heriot-Watt University, Riccarton, Edinburgh EH14 4AS, United Kingdom, tel. 44-131-451-3497, fax 44-131-451-3498, Internet: http://www.oup.co.uk/ectran/ Georgian Economic Trends: Quarterly Review, TACIS, Georgia, 1997, 74 p. To order: TACIS, Georgian Economic Trends, 16 Zandukeli St, Tbilisi, tel. 995-32-93-9161, fax 995-32-93-9160. |
| ||||||||||
