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Issue Date: 06/01/1998

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1. The international use of currencies: the U.S. dollar and the Euro.
Why does the international monetary system seem to need only one or, at most, a few national currencies to carry out international transactions? This article ...
(PERIODICAL ARTICLE)
2. Civil service reform in Africa: mixed results after 10 years.
Although many African countries have taken important steps toward restructuring their civil services by downsizing them, less progress has been made in revamping pay and ...
(PERIODICAL ARTICLE)
3. Monetary operations in the European Economic and Monetary Union.
The European Monetary Institute and Europe's national central banks have made good progress in preparing a "menu" of efficient, market-based monetary instruments from which the ...
(PERIODICAL ARTICLE)
4. Uncertainty deters private investment in the West Bank and Gaza Strip.
The accords signed by Israel and the PLO in 1993 and 1994 heralded greater prosperity for Palestinians. But an adverse external trade environment has discouraged ...
(PERIODICAL ARTICLE)
5. The supply side of global bribery.
Discussions of how to combat corruption have focused more sharply on the recipients of bribes than on those who pay them. A more balanced approach, ...
(PERIODICAL ARTICLE)
6. Aging in the Asian tiger economies.
What challenges will the aging of populations in Asia's tiger economies pose for their social insurance and educational systems? What effects will this have on ...
(PERIODICAL ARTICLE)
7. Building on East Asia's infrastructure foundations.
The halfway measures taken toward privatizing East Asia's infrastructure have resulted in weak corporate governance, vulnerability to crises, and inefficiency. Faced with slowing growth, the ...
(PERIODICAL ARTICLE)
8. The Asian crisis: causes and cures.
Causes and Cures The financial crisis that struck many Asian countries in late 1997 did so with an unexpected severity. What went wrong? How can ...
(PERIODICAL ARTICLE)
9. The challenge of managing global capital flows.
The financial crisis that erupted in Asia in 1997 vividly demonstrated the risks associated with free capital flows. But capital mobility is a goal worth ...
(PERIODICAL ARTICLE)
10. Asia's crisis: a market perspective.
Recent events in Asia have posed a particular challenge for international capital markets. How can net private capital flows best be restored? ASIANS CURRENCY CRISIS ...
(PERIODICAL ARTICLE)
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