| The World Bank Research Observer |
| COEDITORS Shantayanan Devarajan, Shahid Yusuf |
| CONSULTING EDITOR Elinor Berg |
| EDITORIAL BOARD Angus Deaton (Princeton University); Barry Eichengreen (University of California, Berkeley); Howard Pack (University of Pennsylvania); Claire Liuksila (International Monetary Fund); Martha De Melo, Gershon Feder, Gregory K. Ingram, George Psacharopulos, 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 response, 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 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 polices 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 publications and accepts no responsibility whatsoever for any 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: |
| Orders should be sent to: World Bank Publications, Box 72477956, Philadelphia, Pennsylvania 191707956, U.S.A. Readers with mailing address in developing countries and in socialist economics in transition are eligible to receive complimentary subscriptions on request. Written confirmation is required every two to renew such subscriptions. |
1998 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
ISBN 0-8213-4113-8; ISSN 0257-3032 |
| Material in this journal is copyright. 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 Road, Ann Arbor, Michigan 48106,U.S.A. |
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