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The new international financial architecture can help African countries benefit from globalization, while minimizing the risks, and foster an environment conducive to increased domestic investment and higher sustained growth. This paper highlights the progress that African countries have made in several areas of the new architecture, but it also underscores the considerable way that these countries must go to meet the requirements of the new architecture.

Banks and Banking --- Exports and Imports --- Foreign Exchange --- Social Services and Welfare --- Finance: General --- International Economic Order and Integration --- Government Policy --- Provision and Effects of Welfare Program --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Current Account Adjustment --- Short-term Capital Movements --- General Financial Markets: Government Policy and Regulation --- Social welfare & social services --- Currency --- Foreign exchange --- Banking --- International economics --- Finance --- Poverty reduction strategy --- Exchange rate arrangements --- Poverty reduction --- Capital account --- Poverty --- Balance of payments --- Financial Sector Assessment Program --- Financial sector policy and analysis --- Banks and banking --- Financial services industry --- Tanzania, United Republic of

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Are the three Baltic countries, Latvia, Estonia, and Lithuania, ready for accession to the European Union? Have their economies overcome the problems of transition? The answers to these questions and their implications for policy are provided in this collection of analyses. Rather than a country-by-country description, the volume provides a cross-country perspective of developments from 1994 through mid-1997. The seven sections of this paper discuss recent macroeconomic and structural policies, exchange rate regimes, fiscal issues, financial systems, private sector development, and accession to the European Union.

Economic policy and planning (general) --- European Union --- Baltic Area --- Baltic States --- Economic conditions --- Economic policy --- Fiscal policy --- -Monetary policy --- -Structural adjustment (Economic policy) --- Economic stabilization --- -Foreign exchange --- -338 <474> --- banken --- economische situatie --- fiscaliteit --- monetair beleid --- Oost-Europa --- cooperation economique --- developpement economique --- pays balkaniques --- union europeenne --- EE / Estonia - Estland - Estonie --- LT / Lithuania - Litouwen - Lituanie --- LV / Latvia - Letland - Lettonie --- 333.101 --- 334.153.0 --- 331.30 --- 305.2 --- 336.401 --- 333.451.6 --- 330.05 --- 330.9479 --- Cambistry --- Currency exchange --- Exchange, Foreign --- Foreign currency --- Foreign exchange problem --- Foreign money --- Forex --- FX (Finance) --- International exchange --- International finance --- Currency crises --- Adjustment, Economic --- Business stabilization --- Economic adjustment --- Stabilization, Economic --- Monetary management --- Currency boards --- Money supply --- Tax policy --- Taxation --- Finance, Public --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Baltische Republieken --- economische samenwerking --- economische ontwikkeling --- balkanlanden --- europese unie --- Banksysteem en bankstelsel. --- Betrekkingen tussen de Europese Gemeenschappen en de geassocieerde of derde landen: algemeenheden. --- Economische toestand. --- Statistieken van de conjunctuur. --- Verband tussen begrotingspolitiek en economische evolutie. --- Vlottende wisselkoersen. Crawling peg. --- Government policy --- -Baltic States --- -Baltic Republics --- Baltics (States) --- Working papers --- -Economic conditions --- 338 <474> Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Baltische Republieken --- 338 <474> --- Statistieken van de conjunctuur --- Economische toestand --- Banksysteem en bankstelsel --- Vlottende wisselkoersen. Crawling peg --- Betrekkingen tussen de Europese Gemeenschappen en de geassocieerde of derde landen: algemeenheden --- Verband tussen begrotingspolitiek en economische evolutie --- Baltic Republics --- Economic conditions. --- Economic policy. --- Baltic States - Economic conditions --- Baltic States - Economic policy --- Banks and Banking --- Budgeting --- Foreign Exchange --- Macroeconomics --- Public Finance --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- National Government Expenditures and Related Policies: General --- Comparison of Public and Private Enterprises and Nonprofit Institutions --- Privatization --- Contracting Out --- National Budget --- Budget Systems --- Banking --- Public finance & taxation --- Currency --- Foreign exchange --- Finance --- Expenditure --- Budget planning and preparation --- Commercial banks --- Financial institutions --- Economic sectors --- Exchange rate arrangements --- Public financial management (PFM) --- Banks and banking --- Expenditures, Public --- Pensions --- Lithuania, Republic of

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Economics