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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.

Second class postage is paid at Washington DC and at additional mailing offices. English edition printed at Lancaster Press, Lancaster. PA. Postmaster: please send change of address to Finance & Development, 700 19th Street, NW, Washington DC 20431. English edition ISSN 0015-1947.

Shuja Nawaz

EDITOR

Laura Wallace

ASSISTANT EDITOR

Gita Bhatt

ASSISTANT EDITOR

Richard Stoddard

ART EDITOR

ADVISORS TO THE EDITOR

Mark Allen

K. Burke Dillon

Richard Haas

Gregory Ingram

Paul Isenman

Arturo Israel

Anthony Lanyi

Johannes Linn

Claudio Loser

Gobind Nankani

Alexander Shakow

Alan Tait

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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.

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