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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.
Opinions expressed in articles and other materials are those of the authors; they do not necessarily reflect Fund or Bank policy.
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Shuja Nawaz
EDITOR
Laura Wallace
ASSISTANT EDITOR
Gita Bhatt
ASSISTANT EDITOR
Richard Stoddard
ART EDITOR
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Mark Allen
K. Burke Dillon
Richard Haas
Gregory Ingram
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Arturo Israel
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FINANCE & DEVELOPMENT A QUARTERLY PUBLICATION OF THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK
December 1989 • Volume 26 • Number 4
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The Environment Development and the Environment: A Global Balance
Barber Conable
Evolution of the World Bank’s Environmental Policy
Jeremy warford & zeinab Partow
Environmental Action Plans in Africa
Leif Christoffersen
IMF Quotas: A Briefing
Orlando Roncesvalles
Issues in Central Banking The Role of Central Banks
Richard Erb
Problems of Bank Supervision in LDCs
Harry Snoek
The Financial Costs of Holding Reserves
Joslin Landell-Mills
Managing Foreign Exchange Reserves
Patrick Downes
Bringing Women into the Economic Mainstream
Barbara Herz
From Crisis to Sustainable Growth in Sub-Saharan Africa
Pierre Landell-Mills, Ramgopal Agarwala, & Stanley Please
Jamaica: Navigating through a Troubled Decade
Roger Robinson & Lelde Schmitz
Changing International Financial Markets
Louis Pauly
Do Tax Amnesties Work?
Peter Stella
IFC and Development
Guy Pfeffermann & Gary Bond
Location of Jobs in Developing Cities
Kyu Sik Lee
World Economy in Transition
Books
Money, History, and International Finance: Essays in Honor of Anna J. Schwartz edited by Michael Bordo
Richard Haas
Exchange Rates in International Law and Organization by Joseph Gold
Tobias Asser
The Fatal Conceit: The Errors of Socialism - The Collected Works of F.A. Hayek: Volume I edited by W.W. Bartley III
Bahram Nowzad
Black Money and Budgets by D.R. Pendse
Vito Tanzi
Structural Adjustment and Agriculture: Theory and Practice in Africa and Latin America edited by Simon Commander
Jean-Jacques Dethier
Books in Brief
Letters
Index 1989
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.