Front Matter

Front Matter Page

Finance & Development

Bahram Nowzad


Shuja Nawaz


Rachel Weaving


Sheila Meehan


Richard Stoddard


Joan Wolbìer



Andrew Crockett

Vinod Dubey

Howard Handy

Gregory Ingram

Paul Isenman

Arturo Israel

Claudio Loser

Guy Pfeffermann

Alexander Shakow

Alan Tait

U Tun Wai

David Williams

Finance & Development is published quarterly in English, Arabic, Chinese, French, German, Portuguese, and Spanish by the International Monetary Fund and the International Bank for Reconstruction and Development, Washington, DC 20431, USA (USPS 123-250). Second class postage is paid at Washington, DC and at additional mailing offices. • English edition printed at Lancaster Press, Lancaster, PA. • English edition ISSN 0015-1947. • Opinions expressed in articles and other material are those of the authors; they do not necessarily reflect Fund or Bank policy. • New readers who wish to receive Finance & Development regularly should apply in writing to Finance & Development, International Monetary Fund, Washington DC 20431, USA, specifying the language edition and briefly stating the reasons for their request. • The contents of Finance & Development are indexed in Business Periodicals Index, Public Affairs Information Service (PAIS), and Bibliographie Internationale des Sciences Sociales. An annual index of articles and book reviews is carried in the December issue.


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Front Matter Page

  • Enhancing the effectiveness of surveillance

  • The Fund’s oversight of economic policies

    • G. G. Johnson

  • Food security and poverty in LDCs

  • Raising incomes, not just food supplies, is the key

    • Shiomo Reutlinger

  • Trends in grain consumption in the developing world, 1960-80

    • Donald Mitchell

  • World economy in transition

  • Food production and prices

  • The deficit experience in industrial countries

  • Fiscal deficits in their domestic and international setting

    • Vito Tanzi

  • Financial reform in China

  • Complementing the economic reform

    • Luc De Wulf

  • Unifying multiple exchange rates

  • The practical issues involved

    • José Saul Lizondo

  • Special Section Investing in development: lessons of World Bank experience

  • The conclusions of a major introspective review

    • Warren Baum and Stokes Tolbert

  • Foreign currency options

  • Reducing exchange risks: an innovative approach

    • Robert Feldman

  • Privatization and the public sector

  • Shifting activities to the private sector

    • Samuel Paul

  • Industrial restructuring in developing countries

  • The need and the means

    • Anil Sood and Harinder Kohli

  • Cooperating for growth and adjustment

  • The 1985 Annual Meetings of the Bank and the Fund

    • Charles Applegate and Susan Fennell

  • The Multilateral Investment Guarantee Agency: an update

  • Books

    • The global assembly line; decision making in international organizations; policy making in Mexico; managing and analyzing risk; OPEC investments; performance and prospects in industrial countries; energy policy; basic needs; and housing finance; reviewed by Yung Whee Rhee; Robert Effros; Eduardo Wiesner; Bahram Nowzad; David Goldsbrough; James Boughton; A. Ferroukhi; Pierre Landell-Mills; and Bertrand Renaud

  • Letters

  • Index 1985

The Editor welcomes views and comments from readers on the contents of the journal. The contents of Finance & Development may be quoted or reproduced without further permission. Due acknowledgement is requested.

Finance & Development, December 1985
Author: International Monetary Fund. External Relations Dept.