Volume 7, Number 7-8, July-August 1996

• World Bank Group Coordinates Private Sector Activities
• Poverty and Inequality in China Excessive inequality and massive poverty have been successfully contained so far, but the income gap is starting to widen, warns Yvonne Ying.
• Pitfalls in Measuring Welfare during Transition A checklist by Dominique van de Walle.
• Letters to the Editors Vincent Benziger comments on Jeffrey Sachs and Wing Thye Woo 's article on China. The head of Bulgaria's Union for Private Economic Enterprise depicts the dire state of private businesses.
• Quotation of the Month: "Initial conditions determined economic performance in Eastern Europe. Pace of reform had negative impact," concludes the Economist Intelligence Unit.
• Guiding Citizens to Personal Financial Management Professor John L. Pratscke calls for helping the public in transition economies to efficiently manage their financial lives.
• Economic Crime in Russia Gregory Kisunko analyzes the continuing crime wave in Russia.
• Corruption—An International Comparison
• World Bank/IMF Agenda
• Milestones of Transition
• Conference Diary
• New Books and Working Papers
• Reader Survey Results
• Bibliography of Selected Articles

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