IMF Papers on Policy Analysis and Assessment
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Papers on Policy Analysis and Assessment, a new series of research papers, are intended to make staff work in the area of policy design available to a wide audience. A list of all PPAAs issued in 1994:1 follows. Papers may also be considered for inclusion in the journal.

Abstract

Papers on Policy Analysis and Assessment, a new series of research papers, are intended to make staff work in the area of policy design available to a wide audience. A list of all PPAAs issued in 1994:1 follows. Papers may also be considered for inclusion in the journal.

“China’s Foreign Currency Swap Market,” by Hoe Ee Khor [94/1]

“Budget Deficits and the Public Debt in Sweden: The Case for Fiscal Consolidation,” by Desmond Lachman [94/2]

“On the Political Sustainability of Economic Reform,” by Carlos M. Asilis and Gian Maria Milesi–Ferretti [94/3]

“An Incomes Policy for Russia?” by Michael Marrese [94/4]

“The New Protectionism in Industrial Countries: Beyond the Uruguay Round,” by Douglas A. Irwin [94/5]

“Asset Prices, Monetary Policy, and the Business Cycle,” by Garry J.Schinasi [94/6]

“Emerging Equity Markets: Growth, Benefits, and Policy Concerns,” by Robert A. Feldman and Manmohan S. Kumar [94/7]

“The United States–Japan Current Account Imbalance: A Review,” by Stephen S. Golub [94/8]

An annual subscription to IMF Working Papers is available for U.S$200,00. It includes 12 monthly shipments and priority mail delivery. Requests should be made to:

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Telephone: (202) 623–7430

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Inquiries about individual IMF Papers on Policy Analysis and Assessment should also be directed to the address above.

In statistical matter throughout this issue,

dots (…) indicate that data are not available;

a dash (—) indicates that the figure is zero or less than half the final digit shown, or that the item does not exist;

a single dot (.) indicates decimals;

a comma (,) separates thousands and millions;

“billion” means a thousand million, and “trillion” means a thousand billion;

a short dash (–) is used between years or months (for example, 1992–94 or January–October) to indicate a total of the years or months inclusive of the beginning and ending years or months;

a stroke (/) is used between years (for example, 1993/94) to indicate a fiscal year or a crop year;

a colon (:) is used between a year and the number indicating a quarter within that year (for example, 1994:1);

components of tables may not add to totals shown because of rounding.

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