Volume 9, Number 5, October 1998

• "We Did Not Neglect Institutional Development" Interview with World Bank's ECA Chief Economist Marcelo Selowsky
  by Richard Hirschler
• Setting Russia's Economy on a New Path--The Nature of Russia's Economic Catastrophe--An Alternative Diagnosis
  by Alexandr Nekipelov
• Blueprint of an Economic Strategy
  by Alexandr Nekipelov
• William Davidson Institute: The Dangers of Ignoring Russian Communitariansim
  by Charalambos Vlachoutsicos
• Rise and Fall of the Hainan Development Bank
  by Chi Fulin
• Defining the Post-Washington Consensus on Monetary Policy
  by Kurt Schuler
• CEE Customs and the Year 2000: Bug--Ready for the Millennium?
  by Peter Davies
• Readers Forum [6 Letters to the Editor]
  The Crisis and Its Roots--Ruble Collapse Revisited by Evan Scott
  Institutions Count More than Liberalization Speed by Vladimir Popov
  Causes and Lessons of the Stock Market Crisis by Sándor Kopátsy and György Matolcsy
  Virtual Knowledge about Russia's Virtual Economy by Stanislav Menshikov
  Response to Menshikov--The Causes of Crisis by Barry W. Ickes
  Shall We Forget the Latin American Precedents? by Katharina Mueller
• Milestones of Transition
• Conference Diary
• World Bank/IMF Agenda
• New Books and Working Papers
• Bibliography of Selected Articles