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Joseph E. Stiglitz - The World Bank Research Observer: No 2: August 1996 Vol 11

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title The World Bank Research Observer Vol 11 Number 2 August 1996 - photo 1

title:The World Bank Research Observer. Vol. 11, Number 2, August 1996
author:
publisher:World Bank
isbn10 | asin:0821332791
print isbn13:9780821332795
ebook isbn13:9780585294032
language:English
subjectEconomic development--Periodicals, Developing countries--Economic conditions--Periodicals.
publication date:1996
lcc:HD72.W67 1996eb
ddc:338.9/009172/4
subject:Economic development--Periodicals, Developing countries--Economic conditions--Periodicals.
THE WORLD BANK RESEARCH OBSERVER
EDITOR
Moshe Syrquin
COEDITORS
Shantayananan Devarajan, Shahid Yusuf
CONSULTING EDITOR
Elinor Berg
EDITORIAL BOARD
Claire Liuksila (International Monetary Fund); Willem Buiter (Cambridge University); Angus Deaton (Princeton University); Howard Pack (University of Pennsylvania); Martha De Melo, Gershon Feder, Gregory K. Ingram, George Psacharopoulos, William Tyler, 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 respsonses, which will be considered for publication 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.
The World Bank Research Observer is published twice a year in February and August. Single copies may be purchased for US$12.95. Subscription rates are as follows:
Individuals
Institutions
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Orders should be sent to: World Bank Publications, Box 7247-7956, Philadephia, Pennsylvania 19170-7956, U.S.A. Readers with mailing addresses in developing countries and in socialist economies in transition are eligible to receive complementary subscriptions on request. Written confirmation is required every two years to renew such subscriptions.
1996 The International Bank
for Reconstruction and Development / THE WORLD BANK
1818 H Street, N.W., Washington, D.C. 20433, U.S.A.
All rights reserved
Manufactured in the United States of America
ISSN 0257-3032
Material in this journal is copyrighted. Requests for permission to reporduce 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.
The World Bank Research Observer:
Volume 11
Number 2, August 1996
Some Lessons from the East Asian Miracle
Joseph E. Stiglitz
151
In Search of Owners: Privatization and Corporate Governance in Transition Economies
Cheryl W. Gray
179
How Well Can Method Substitute for Data? Five Experiments in Poverty Analysis
Martin Ravallion
199
Deforestation and Forest Land Use: Theory, Evidence, and Policy Implications
William F. Hyde, Gregory S. Amacher, and William Magrath
223
Financial Markets, Public Policy, and the East Asian Miracle
Joseph E. Stiglitz and Marilou Uy
249
Credit Policies: Lessons from Japan and Korea
Dimitri Vittas and Yoon Je Cho
277

Page 151
Some Lessons from the East Asian Miracle
Joseph E. Stiglitz
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