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(PDF) The World Bank Development Economics Vice Presidency Operations and Strategy Unit

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An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. 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Ohsrl-vrr articles are written to be accessible to nonspecialist readers: contributors examine ley issues in development economics. survey the literature and the latest World Bank research, and debate issues of development policy. Articles are rcvicwed by a n editorial board drawn from across the Hank and the international community of economists. 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The conferences emphasize the contribution that empirical and basic economic research can make to understanding development processes and to formulating sound development policies. Conference papers are written by researchers in and outside the World Bank. The conference series was started in 1989. Conference papers are reviewed by the editors and are also subject to internal and external peer review. Some papers were revised after the conference, sometimes to reflect the comments by discussants or from the floor. Most discussants&#39; comments were not revised. As a result, discussants&#39; comments may refer to elements of the paper that no longer exist in their original form. Participants&#39; affiliations identified in this volume are as of the time of the conference, January 27, 2005. François Bourguignon and Boris Pleskovic edited this volume. As in previous years, the planning and organization of the 2005 conference was a joint effort. Special thanks are due to Alan Gelb for overall guidance. We thank several anonymous reviewers for their comments and Aehyung Kim, Célestin Monga, and Benno Ndulu for their useful suggestions and advice. We also thank the conference coordinator, Leita Jones, whose excellent organizational skills helped ensure a successful conference. 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It is directed to an international readership among economists and social scientists in government, business, international agencies, universities, and development research institutions. The Review seeks to provide the most current and best research in the field of quantitative development policy analysis, emphasizing policy relevance and operational aspects of economics, rather than primarily theoretical and methodological issues. Consistency with World Bank policy plays no role in the selection of articles. The Review is managed by one or two independent editors selected for their academic excellence in the field of development economics and policy. The editors are assisted by an editorial board composed in equal parts of scholars internal and external to the World Bank. World Bank staff and outside researchers are equally invited to submit their research papers to the Review. SUBSCRIPTIONS: A subscription to The World Bank Economic Review (ISSN 0258-6770) comprises 3 issues. 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It is directed to an international readership among economists and social scientists in government, business, international agencies, universities, and development research institutions. The Review seeks to provide the most current and best research in the field of quantitative development policy analysis, emphasizing policy relevance and operational aspects of economics, rather than primarily theoretical and methodological issues. I t is intended for readers familiar with economic theory and analysis but not necessarily proficient in advanced mathematical or econometric techniques. Articles illustrate how professional research can shed light on policy choices. Consistency with World Bank policy plays no role in the selection of articles. Articles are drawn from work conducted by World Bank staff and consultants and by outside researchers. Non-Bank contributors are encouraged to submit their work. 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It is directed to an international readership among economists and social scientists in government, business, international agencies, universities, and development research institutions. The Review seeks to provide the most current and best research in the field of quantitative development policy analysis, emphasizing policy relevance and operational aspects of economics, rather than primarily theoretical and methodological issues. It is intended for readers familiar with economic theory and analysis but not necessarily proficient in advanced mathematical or econometric techniques. Articles illustrate how professional research can shed light on policy choices. Consistency with World Bank policy plays no role in the selection of articles. Articles are drawn from work conducted by \Vorld Bank staff and consultants and by outside researchers. :&quot;Ion-Bank contributors are encouraged to submit their work. 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