Volume 6, Number 1-2, January-February 1995

• Entering A Higher Grade--Proposals to Reform Russia's Education System
  by Stephen P. Heyneman
  Box: Russian University Programs--Closer to Market Place
  Box: EDI Disseminates Transition Know-How

• Breeding a New Generation of Economists in the FSU
  Eurasia Foundation President William Bader on How to Beat Red Tape

• Postsocialist Bank Restructuring--Lessons Learned
  by Michael S. Borish, Millard F. Long, and Michel Noel
  Box: Are Czech Banks Ready to Present Reality Checks?

• Fewer but Stronger? Euromoney on the Merge-Fever of Polish Banks

• Syndromes of Public Withdrawal in Postcommunism
  by Daniel N. Nelson

• Quotation of the Month: "The primary raison d'etre of privatization, to create a competitive market economy, appears to have been forgotten by many."--Latest study of the London-based Adam Smith Institute warns of reform amnesia

• Real Output Decline in Transition Economies--Forget GDP, Try Power Consumption Data!
  by Istvan Dobozi and Gerhard Pohl

• Milestones of Transition
• World Bank/IMF Agenda
• Conference Diary
• New Books and Working Papers
• Bibliography of Selected Articles