The book should stimulate a vigorous discussion on how to best revise the reform agenda for capital market development in emerging economies going forward. This effort should involve not only country authorities but also academics and advisers from multilateral agencies such as the World Bank....

This annual report covers the period from July 1, 2001, to June 30, 2002, and is prepared by the Executive Directors of both the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The first of two volumes discusses the World Bank's...

The first World Bank Economists' Forum was held on May 3-4, 1999. The forum attempts to answer these questions: How do you recognize a hidden fiscal crisis? When capital flows are volatile, what types of policy announcements can help fend off currency crises? Do government training programs for...