The Journal of Policy Reform

                              *******************************

                                    CALL FOR PAPERS

                                      (please distribute)


The editors, Arvind Panagariya (Maryland) and Dani Rodrik (Harvard) would   
like
to encourage you to submit a paper to _The Journal of Policy Reform_.

This Journal focuses on a new, dynamic area of research which has emerged
during the last decade: policy reform.

The failure of past policies to generate rapid growth has led many   
developing
countries in Asia, Africa and Latin America to adopt radical policy   
reforms.
This wave of reforms has coincided with the opening up of the former   
Soviet Union.
The common challenge confronting the two groups of countries today is the   
design
and implementation of policies and institutions which will eventually   
turn them into rich,
industrial economies.

Stimulated by this development, economists, political scientists, and   
others
have been increasingly focusing on what lessons can be learned from the
success and failure of countries undertaking reforms, how
existing theories can be developed to shed light on positive as well as
normative aspects of the reform process. Among questions being asked are:   
What
is the appropriate sequencing of reforms in the absence of
market institutions? How can macroeconomic stability be achieved when tax
instruments are inadequate and demands on spending on social safety nets
strong? What are the appropriate strategies for building political
support for reforms? What type of financial institutions and regulatory
frameworks are necessary for smooth operation of this sector? How does   
the
world trading system including the rise of regionalism and
international movement of capital and labour interact with reforms? How   
do
environmental considerations influence reforms? Answers to these and   
other
related questions are being sought through analytic country
studies, econometric and other empirical work and applied theoretical   
work.


                             A Selection of Recent Papers
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* Monetary Policy and Interenterprise Arrears in Post-Communist   
Economies:
Theory and Evidence by Guillermo A. Calvo and Fabrizio Coricelli (1.1,   
1996)
* The Political Economy of Delayed Reform by Allan Drazen (1.1, 1996)
* The Feasibility of Low Inflation by Ricardo L_pez Murphy and Federico
Sturzenegger (1.1, 1996)
* China's Transition to Markets by Yingyi Qian and Barry R. Weingast   
(1.2, 1996)
* Where Are We in the Political Economy of Reform? by Mariano Tommasi and   
Andr`s
Velasco (1.2, 1996)
* Central Bank Independence, Inflation and Political Instability in   
Developing
Countries by Jakob De Haan and Clemens L.J. Siermann (1.2, 1996)
* Unemployment and the Economics of Gradualist Policy Reform by Michael   
Gavin
(1.3, 1996)
* Capital Flight from the Countries in Transition by Nathan Sheets (1.3,   
1996)
Income Distribution, Fiscal Policy, and Delays in Stabilization by   
Roberto
Perotti (1.4, 1996)
* The Sustainability of Economic Transformation by Joshua Aizenman and   
Peter
Isard (1.4, 1996)
* Theories of "Bad Policy" by James A. Robinson (2.1. 1998)
* From Macroeconomic Stabilization to Medium-Term Growth in Sub-Saharan   
Africa
by Ibrahim A. Elbadawi (2.1, 1998)
* Western Aid Conditionally and the Post-Communist Transition 1990-1994   
by Marek
Dabrowski (2.2, 1998)
* On the Choice of International Joint Venture: The Role of Policy Moral   
Hazard
by Satya P. Das (2.2, 1998)
* Current Account and Public Debt Implications of Market Distortions   
under
Structural Rigidities by Amartya Lahiri (2.3, 1998)
* Adjustment, Trade Policy and Investment Slumps: Evidence for East Asia   
by
David Fielding (2.3, 1998)
* The Regionalization of Indian Politics and its Implications  for   
Economic
Reform by Myron Weiner (2.4, 1998)

* Special Issue:  "India: The Economics and Politics of Policy Reform"   
(2.4, 1998)


                             Submissions
                             *************

Please send 3 copies of papers to Arvind Panagariya at the following   
address:

Arvind Panagariya
Center for International Economics
Department of Economics
University of Maryland
College Park, Maryland 20742-7211
USA

Notes for Contributors are available at
http://www.gbhap.com/journals/406/406-nfc.htm


                             Editorial Board
                             ****************

Robert Bates, USA.  Jagdish Bhagwati, USA.  Guillermo Calvo, USA.  Max   
Corden,
USA.  Shanta Devarajan, USA.  Stanley Fischer, USA.  Alan Gelb, USA.   
 Anne
Krueger,  USA.  Ramon Lopez, USA.  Mancur Olson, USA.
Jeffery Sachs, USA.  Horst Siebert, Germany.  Pablo T. Spiller, USA.
Nicholas Stern, European Bank for Reconstruction and Development, UK.   
 Jan
Svejnar, USA. James Tybout, USA.  Barry Weingast, USA.  Sweder van   
Wijnbergen,
Amsterdam.


                             Further Information and Sample Copy
                             ***************************************

More information about this journal is available at:
http://www.gbhap.com/journals/406/406-top.htm

A free sample copy is available from:

Jacqui Child
Harwood Academic Publishers
PO Box 90, Reading
RG1 8JL
United Kingdom
Fax:  +44 118 9568 211
Em:  [log in to unmask]


                                      Subscription Information
                                      **************************

_The Journal of Policy Reform_. ISSN: 1384-1289. Volume 3 (1999)

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_Policy Reform_ is published by
harwood academic publishers
a part of The Gordon and Breach Publishing Group
http://www.gbhap.com


Book Programme
******************
Harwood Academic welcome publishing proposals and manuscripts for books   
in the area of _The Journal of Policy Reform_. Strong and cohesive edited   
collections are also sought. Please contact Gerard Greenway,   
Commissioning Editor for the Social Sciences at   
 [log in to unmask] ; Tel: 0044 (0)118 952 0314 (direct line)





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