| The World Bank Research Observer |
| EDITOR Shantayanan Devarajan |
| COEDITORS Gershon Feder, Shahid Yusuf |
| CONSULTING EDITOR Elinor Berg |
| EDITORIAL BOARD Angus Deaton (Princeton University), Barry Eichengreen (University of California, Berkeley), Howard Pack (University of Pennsylvania), Eliana A. Cardoso, Paul Collier, Gregory K. Ingram, Emmanuel Jimenez, Michael Walton (World Bank) |
| The World Bank Research Observer is intended for anyone who has a professional interest in development. Observer articles are written to be accessible to nonspecialist readers; contributors examine key issues in development economics, survey the literature and the latest World Bank research, and debate issues of development policy. Articles are reviewed by an editorial board drawn from across the Bank and the international community of economists. Inconsistency with Bank policy is not grounds for rejection. |
| The journal welcomes editorial comments and responses, which will be considered for publlication to the extent that space permits. On occasion the Observer considers unsolicited contributions. Any reader interested in preparing such an article is invited to submit a proposal of not more than two pages to the editor. Please direct all editorial correspondence to the Editor, The World Bank Research Observer, at the address in the copyright notice below. |
| The views and interpretations expressed in this journal are those of the authors and do not necessarily represent the views and policies of the World Bank or of its Executive Directors or the countries they represent. The World Bank does not guarantee the accuracy of the data included in this publication and accepts no responsibility whatsoever for any consequences of their use. When maps are used, the boundaries, denominations, and other information do not imply on the part of the World Bank Group any judgment on the legal status of any territory or the endorsement or acceptance of such boundaries. |
| 2000 The International Bank |
| for Reconstruction and Development / THE WORLD BANK |
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| Manufactured in the United States of America |
| ISBN 0-8213-4610-5; ISSN 0257-3032 |
| Material in this journal is copyrighted. Requests for permission to reproduce portions of it should be sent to the Office of the Publisher at the address in the copyright notice above. The World Bank encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center, Suite 910, 222 Rosewood Drive, Danvers, Massachusetts 01923, U.S.A. |
| The World Bank Research Observer is indexed by the Journal of Economic Literature, the Standard Periodical Directory, ABI/INFORM, the Index to International Statistics, the Public Affairs Information Service, Inc., the Social Sciences Citation Index, and, online, by the Economic Literature Index and DIALOG. It is available in microform through University Microfilms, Inc., 300 North Zeeb Road, Ann Arbor, Michigan 48106, U.S.A. |
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