LABOUR SKILLS AND HUMAN CAPITAL IN THE EXPLANATION OF TRADE PATTERNS

In the discussion of the qualitative inferences to be drawnfrom the signs of _s and c₃ [OEP 43.2 p. 448], possibilities(ii), (iii) and (iv) and the beginning of the immediately followingparagraph should read:

1. if both _s and c₃ are positive and ß₃₁> ß₃₂
2. if _s is positive and c₃ is negative theneither ß₃₁and ß₃₂ are both positive andß₃₁ > ß₃₂,or they are both negativeand |ß₃₂|>|ß₃₁|,or ß₃₁ ispositive and ß₃₂ is negative.
3. if _sis negative andc₃ is positive then either ß₃₁and ß₃₂ areboth positive and ß₃₂ < ß₃₁,or theyare both negative and |ß₃₁| > |ß₃₂|,or ß₃₁ is negative and ß₃₂ is positive.

Notice that without first confirming that _s = 0 when c³ 0 nothingmuch can be said about the factor content of trade by lookingat c₃ alone; for, in terms of signs of ß₃₁ and ß₃₂,c₃ < 0 precludes only the combination (ß₃₁ <0 & ß₃₂ > 0); and c₃ > 0 precludes onlythe combination (ß₃₁ > 0 & ß₃₂ <0). Similarly...     

Galton's fallacy and economic convergence

Friedman (1992) argues that regressing cross-country incomechanges on their final levels can be informative about -convergence(the tendency for the dispersion of income levels to narrow)whereas a similar regression on initial levels of income cannotbe. In this note we show that Bliss's (1999) dismissal of thisargument is in error.     

The Evolution of Fiscal Policy in Australia

This paper examines the evolution of Australian fiscal policyand the fiscal policy framework over the past quartercentury.Following the early 1980s recession, a sustained fiscal consolidationsaw the general government budget balance (for all levels ofgovernment) move from a deficit of 3 per cent of GDP in 1983/4to a surplus of 1 per cent 5 years later in 1988/9. A severerecession in the early 1990s interrupted this process, and thebudget returned to sizeable deficits which peaked at 4 per centof GDP in 1992/3. The second half of the 1990s saw a repeatof the experience a decade earlier, with the budget returningto surplus in 1997/8. In contrast to the 1980s experience, however,the general government sector (for all levels of government)has recorded surpluses for the subsequent 8 years to the present.The paper outlines Australia's macroeconomic experience overthis time and argues that there have been two significant medium-termfactors motivating the extended periods of fiscal consolidation.The first factor, relevant since the mid-1980s, has been thelarge Australian current-account deficits since that time, andthe associated build-up of net foreign liabilities. The secondfactor, which entered the public debate more recently, is adesire to provide fiscal policy flexibility to respond to theageing of the population and the projected rising public costof health services—both influences that are likely tobe of increasing importance over the next generation or so.The paper discusses the introduction and evolution of Australia'smedium-term fiscal framework which has been put in place torespond to these challenges. Footnotes ¹ E-mail addresses: dgruen{at}treasury.gov.au; asayegh{at}treasury.gov.au     

Book briefs

Key variables in social investigation, Routledge & Kegan Paul, London, 1986, vii + 276 pp.

Reproductive change in developing countries, Insights from the World Fertility Survey, Oxford University Press, Oxford 1985, xvi + 301 pp, ISBN 0‐19‐828465‐9.

The world crisis in education, The view from the eighties, Oxford University Press, New York, 1985, vii + 353 pp ISBN 0‐19‐503503‐8

Reaching the Urban Poor, Project implementation in developing countries, Westview Press, Boulder Colorado. 1986, vii + 264 pp, ISBN 0‐8133‐7129‐5

Housing policy, An international bibliography, Mansell Publishing Limited, New York, 1986, ix ‐ 398 pp, ISBN 0‐7201‐1785‐2

Agribusiness and the small‐scale farmer: A dynamic partner for development, Westview Press, Boulder, 1985

Agriculture and employment in developing countries: Strategies for effective rural development, Westview Press, Boulder, 1985

Progress in natural resource economics, Clarendon Press, Oxford, 1985

International agricultural trade: Advanced readings in price formation, market structure and price instability 1984

The role of markets in the world food economy, Westview Press, Boulder, 1983     

Book Reviews

Anne Booth (1998), The Indonesian Economy in the Nineteenth and Twentieth Centuries: A History of Missed Opportunities, Macmillan, London, and St Martin's Press, New York, pp. xvi + 377. Paper: US$ 19.95; cloth: US$ 79.95.

J. Thomas Lindblad (1998), Foreign Investment in Southeast Asia in the Twentieth Century, Macmillan, London, and St Martin's Press, New York, pp. xiii + 240. Paper: £49.95.

Adam Schwarz and Jonathan Paris (eds) (1999), The Politics of Post-Suharto Indonesia, Council on Foreign Relations Press, New York, pp. 150. Paper: US$17.95.

Arief Budiman, Barbara Hatley and Darnien Kingsbury (eds) (1999), Reformasi: Crisis and Change in Indonesia, Monash Asia Institute, Melbourne, pp. 402. A$24.95.

Hal Hill (1999), The Indonesian Economy in Crisis: Causes, Consequences and Lessons, Institute of South East Asian Studies, Singapore, pp. 150. S$22.50; US$14.90.

Terry Dwyer (ed.) and Barry Reece and Craig Emerson (contributors) (1999), Resource Tax Policy in Countries of the Asia Pacific Region, Asia Pacific Press, The Australian National University, Canberra. A$20.00; US$20.00.

Januar Achmad (1999), Hollow Development: The Politics of Health in Soeharto's Indonesia, Coombs Academic Publishing, Research School of Pacific and Asian Studies, The Australian National University, Canberra, pp. viii + 220. A$15.00 plus postage.

Terence H. Hull, Endang Sulistyaningsih and Gavin W. Jones (1999), Prostitution in Indonesia: Its History and Evolution, Pustaka Sinar Harapan, Jakarta, pp. 161. A$10.00.     

Publications

Sajogyo, Usaha Perbaikan Gizi Keluarga (ANP Evaluation Study 1973), Lembaga Penelitian Sosiologi Pedesaan, Institut Pertanian Bogor, Bogor, 1975. Rp 1000 pp. xiii + 195.

Committee on Economics Teaching Material for Asian Universities (ed.), Economic Theory and Practice in the Asian Setting, Volume 1: Macroeconomics, pp. 172.

Economic Theory and Practice in the Asian Setting, Volume 2: Microeconomics, pp. 1970.

Economic Theory and Practice in the Asian Setting, Volume 3: The Economics of Agriculture, pp. 245.

Economic Theory and Practice in the Asian Setting. Volume 4: The Economics of Development, pp. 274.

New Delhi: Wiley Eastern Ltd., 1975 (Available through the Asia Office, The Agricultural Development Council, Inc. Tanglin P.O. Box 84, Singapore 10).

Seminar Hasil Penelitian Lapangan. Pusat Latihan Penelitian Ilmu² Ujung Pandang (Seminar on Results of Fieldwork, Social Science Research Training Centre, Ujung Pandang), 8–11 December 1976, Hasanuddin University and Social Science Research Training Centre.

Seminar Hasil Penelitian Lapangan 1976, Pusat Latihan Penelitian Ilmu² Sosial, Aceh (Seminar on Results of Fieldwork, Social Science Research Training Centre, Aceh), 6-9 December 1976, Syiah Kuala University and Social Science Research Training Centre.

Werner Rutz, Indonesien: Verkehrserschliessung seiner Ausseninseln (Transport Penetration of the Outer Islands), Paderborn, Germany, 1976. Pp. 182, 15 fold-in maps. DM58.00.

C.L.M. Penders (ed. & transl.), Indonesia: Selected Documents on Colonialism and Nationalism, 1830-1942. University of Queensland Press, St. Lucia, 1977, pp. 347 + glossary and index.

J. D. Legge, Indonesia. second edition, Prentice-Hall of Australia, Sydney, 1977.

Tax Inspection For Foreign Bodies and Aliens, Indonesian Tax Guide For Foreigners, Jakarta, April 1975, pp. 75.

Drs. B. Usman, Kumpulan Karangan Pajak Sinar Harapan 1973-5, PT Sinar Agape. Press, January 1977, pp. 211 Rp 2500.

Drs. B. Boediono, Pajak Penjualan, Direktorat Jenderal Pajak, Jakarta 1975, pp. 931.

Sritua Arief, Indonesia Growth, Income Disparity and Mass Poverty. Jakarta, Sritua Arief Associates (P.O. Box 2250, Jakarta), 1977.

Indonesian language version, pp. xviii + 150, Rp 5000.

English language version, pp. ii + 207, Price on application.

Kumpulan Bacaan Sosiologi Pedessaan (Readings on Rural Sociology), Lembaga Penelitian Sosiologi Pedesaan, Institut Pertanian, Bogor. 1975.

Direktorat Jenderal Industri Tekstil, Buku Petunjuk Industri Tekstil (A Guide-book to the Textile Industry), Jakarta, 1976. Pp. ix + 410. Rp 6750.

Brian Lynch. Indonesia: Problems and Prospects. Sorrett Publishing Company, Melbourne, 1977, pp. 183. Recommended price $A11.95.

Dr Ir Herman Soewardi. Respons Musyarakat Desa Terhadap Modernisasi Produksi Pertanian, Terutama Padi, Gadjah Mada University Press, 1976, pp. 175.

Douglas Miles, Cutlass and Crescent Moon. A Case Study of Social and Political Change in Outer Indonesia. Centre for Asian Studies, University of Sydney, 1976, pp. 160.     

Publications

Income Distribution, Employment and Economic Development in Southeast and East Asia, Volumes I and II, (Japan Economic Research Center, Tokyo, and Council for Asian Manpower Studies, Manila), July 1975.

W. M. F. Mansvelt and P. Creutzberg (eds.), Changing Economy in Indonesia: A Selection of Statistical Source Material from the Early 19th Century up to 1940, Vol. 1, Indonesia's Export Crops 1816-1940, Martinus Nijhoff. The Hague, 1975, pp. 150. FI 28.50.

The Population of Indonesia (C. I. C. R. E. D., Paris 1974) pp. 102.

A. J. H. Enthoven. An Evaluation of Accountancy Systems, Developments and Requirements in Asia, Ford Foundation Sponsored Study, Chapel Hill, September 1975, pp. v and 214.     

Publications

Brian May, The Indonesian Tragedy, Routledge & Kegan Paul, London, 1978, pp. xvii + 438. A$19.95.

Harold Crouch, The Army and Politics in Indonesia. Ithaca andLondon: Cornell University Press, 1978. 377 pp. ISBN 0-8014-1155-6.

International Rice Research Institute (1978). Changes in Rice Farminf in Selecred Areas of Asia. International Rice Research Institute. Los Banos, Laguna, Philippines.

Molster, H.C. (1978). Methods of Estimating Fertiliser Response with an Application 10 Urea Use to Rice in Jogjakarra, Indonesia. Centre for Amicultural Publishing and Documentation, Wageningen.     

Publications

H. S. Kartadjoemena, The Politics of External Economic Relations: Indonesia's Options, Institute of Southeast Asian Studies, Singapore, 1977(?), pp. 179, $S 12.00

Ingrid Palmer, The Indonesian Economy since 1965: A Case Study of Political Economy, London, Frank Cass, 1978, pp. ix, 196, £11.00.

Gadjah Mada University, Faculty of Economics, Graduate Program in Economics, Four Papers on Employment and Income Distribution in Indonesian Agriculture, Yogyakarta, pp. 118 + ii, mimeo.

U.S. Department of Commerce, Country Market Sectoral Survey, Indonesia: A Survey of U.S. Business Opportunities, U.S. Government Printing Office, May 1977, pp. 320.

Borrowing By Developing Countries on the Euro-currency Market P. A. Wellons, OECD, Paris 1977 $20, pp. 449.

Mayling Oey and Ketut Sudhana Astika, The Social and Economic Implications of Transmigration in Indonesia: A Policy-Oriented Review and Synopsis of Existing Research. L. P. E. M., Fakultas Ekonomi, Universitas Indonesia, 1978, pp. 228.

Paul A. Meyer and Colin MacAndrews, Transmigration in Indonesia. An Annotated Bibliography. Gadjah Mada University Press, 1978, 245 pages.

Fox, James J., Harvest of the Palm: Ecological Change in Eastern Indonesia. Harvard University Press, Cambridge, Massachusetts 1977.     

Book briefs

Eastern Cape publication

Institute of Social and Economic Research

Development issues in the Eastern Cape: A review and assessment Working Paper 25, University of Rhodes, 1986, 96 pp. R5.

Richard N Langlois (ed)

Economics as a process ‘Essays in the New Institutional Economics’, Cambridge University Press, London, 1986, xi + 262 pp, R87,70

Paul Collier, Samir Radwan and Samuel Wangwe with Albert Wagner

Labour and poverty in rural Tanzania ‘Ujamaa and Rural Development in the United Republic of Tanzania’, Clarendon Press, Oxford, 1986, vii + 143 pp, £17,50

Allen Buchanan

Ethics, efficiency, and the market Clarendon Press, Oxford, 1985, xi + 135 pp, £15,00     

Publications

Mubyarto & Boediono, (Editors), Ekonomi Pancasila, Yogyakarta, Gadjah Mada University Press, 1981, pp. 263, Rp 3500.

Michael Beenstock, Health, Migration and Development, Farnborough, Gower Publishing Company, pp. vi + 183. A$23.00.

Zuidberg, Lida C. L. (ed), Family Planning in Rural West Java: The Serpong Project, Leiden, Rijksuniversiteit/Universitas Indonesia, 1978, pp. 325.

Charles Himawan, The Foreign Investment Process in Indonesia: The Role of Law in the Economic Development of a Third World Country, Singapore, Gunung Agung, 1980. Pp. xvi + 332.

Lepi Tanadjaja Tarmidi, Die Rolle der Textilindustrie im Entwicklungsprozess Indonesiens I966–1975, Hamburg University Dissertation, Hamburg, 1979. Pp. x + 240.

University of Wisconsin Land Tenure Centre, Land Tenure and Agrarian Reform in East and Southeast Asia: An Annotated Bibliography, Boston: G. K. Hall, 557 pp + xxviii, US$51.50.     

Publications

F. van Anrooy et al (eds), Between People and Statistics: Essays on Modern Indonesian History, The Hague: M. Nijhoff, 1979, 316 pp. tables, diagrams. Paper: DF 139.50.

Sayogyo (ed), Ekologi Pedesaan, Sebuah Bunga Rampai (Rural Ecology, A Collection) Bogor, Yayasaan Obor and Institut Pertanian Bogor, 1982, pp 342 + xix.

Anthony Reid, The Blood of the People—Revolution and the End of Traditional Rule in Northern Sumatra, Oxford University Press, 1979, pp. xx + 288. $M48.00.

Colin MacAndrews and Chia Lin Sien (eds), Southeast Asian Seas: Frontiers for Development, McGraw-Hill International Book Company, issued under the auspices of the Institute of Southeast Asian Studies, Singapore, 1981, 375 pp. (no price stated).

James J. Fox (ed.), The Flow of Life: Essays on Eastern Indonesia, Harvard Studies in Cultural Anthropology, No.2, 1980 US$30.

Hazel Moir, ‘Occupational Mobility and the Informal Sector in Jakarta’ in S. V. Sethuraman (ed.) The Urban Informal Sector in Developing Countries, ILO, Geneva, 1981, pp. 109–120.

Joel S. Kahn, Minangkabau Social Formations: Indonesian Peasants and the World-Economy, Cambridge: Cambridge University Press, 1980, pp. xvi + 228.

Tsuyoshi Kato, Matriliny and Migration: Evolving Minangkabau Traditions in Indonesia, Ithaca and London: Cornell University Press, 1982, pp. 267. $22.50.

M. C. Ricklefs, A History of Modern Indonesia, Macmillan, London, 1981, pp. xv + 335. Paper, $16.95.

J. Spryt, Indonesia, An Alternative History of the Timeless Isles, Macmillan, Melbourne, 1979, pp. 214. Paper, $10.95.

G. W. Jones and H. V. Richter (eds), Population Mobility and Development: Southeast Asia and the Pacific, Development Studies Centre Monograph No. 27, Canberra: Australian National University Press, 1981, pp. xi + 474. $A9.00.

W. A. Stoever, Renegotiations in International Business Transactions: The Process of Dispute-Resolution between Multinational Investors and Host Societies, Lexington Books, D.C. Heath and Company, Lexington, Massachusetts. 1981, pp. xiii + 381.

H. Eichberg, Sozialverhalten und Regionalentwicklungsplanung: Modernisierung in der indonesischen Relationsgesellschaft (West Sumatra); Berlin: Duncker & Humblot, 1981, pp. 283. D. M. 66.     

Publications

Wouter van Ginneken, Rural and Urban Income Inequalities in Indonesia, Mexico, Pakistan, Tanzania and Tunisia, (I. L. O. Geneva, 1976) Paperback, Swiss fr. 15 (also available in hardcover) pp. 67.

Prospects for Trade Between Indonesia and Australia, Report from the Standing Committee on Industry and Trade, Australian Government Publishing Service, 1975.

Abukasan Atmodirono and James Osborn, Services and Development in Five Indonesian Middle Cities, Center for Regional and Urban Studies, Institute of Technology, Bandung, June 1974. Pp vii + 285.

R. D. Montgomery and D. C. Sister, Labor Absorption in logjakarta, Indonesia: An Input-Output Study, Department of Agricultural Economics, Cornell University, Ithaca, New York March 1976,: pp. 85.

Peter F. McDonald and Alip Sontosudarmo, Reponse to Population Pressure: The Case of the Special Region of Yogyakarta, Gadjah Mada University Press, 1976, 103 pp.

Koentjaraningrat, Masyarakat Desa di Selatan Jakarta, Jakarta Lembaga Ilmu Pengetahuan Indonesia (LIPI), 1975, pp. 133.

Biro Pusat Statistik, Statistik Indonesia, Statistical Pocketbook, Indonesia, 1974/1975. Jakarta, Biro Pusat Statistik, 1975.     

Publications

Juergen B. Donges, Bernd Stecher, Frank Wolter, Industrial Development Policies for Indonesia, J. C. B. Mohr (Paul Siebeck), Tubingen, 1974, pp. 178.

Pan A. Yotopoulos and Jeffrey B, nugent, Economics of Development — Empirical Investigations, Harper and Row, New York, 1976, pp. 478.

Book Reviews

The Political Economy of Agrarian Change. Keith Griffin, Harvard University Press 1974.

Changes in Rice Farming in Selected Areas of Asia: The International Rice Research Institute 1975.

Yusuf Ahmed, Patrick O'Sullivan, Sujono and DerekWilson, Road Investment Programming for Developing Countries: An Indonesian Example, The Transport Center, Northwestern University, Evanston, Illinois, 1976, pp. 132 plus appendices (pp. 77).     

Book Reviews

Leon A. Mears, The New Rice Economy of Indonesia, Yogyakarta: Gadjah Mada University Press, 1981, pp. xxiii + 605. Price US$15.

Alfian, Mely G. Tan, Selo Soemardjan (eds). Kemirkinan Struktural: Suatu Bunga Rampai (Structural Poverty: A Collection). Jakarta: Yayasan Ilmu-Ilmu Sosial (YIIS), 1980. pp. 189. Rp 2000.

Thee Kian Wie, Pemerataan- Kemiskinan- Ketimpangan (Equalization-Poverty-Uneven Distribution), Jakarta: Sinar Harapan. 1981, pp. 152. Rp 1750.

Bulletin Leknns, Year 1 No. 2, Feb. 1982, Special Edition on Employment Opportunity, Poverty and Population Mobility in Rural Areas, pp. 146.

Mubyarto (ed.), Growth and Equity in Indonesian Agricultural Development, Jakarta: Yayasan Agro Ekonomika, 1982. pp. xv + 258.

Muriel Charras, De la forêt malefique à I'herbe divine [From Malign Jungle to Divine Grain]: La transmigration en Indonesie: Les Balinais a Sulawesi, Paris: Editions de la Maison des sciences de I'homme 1982, pp, viii + 341. Price Fr. 90.00.

Yujiro Hayami and Masao Kikuchi. Asian Village Economy at the Crossroads: An Economic Approach to Institutional Change, Tokyo: University of Tokyo Press, 1981, pp. xvi + 275. Yen 4000. Geoffrey B. Hainsworth (ed.), Village-level Modernization in Southeast Asia: The Political Economy of Rice and Water. Vancouver: University of British Columbia Press. 1982. pp. ix + 411. Can$34.00.

Colin MacAndrews and Chia Lin-Sien (eds.). Too Rapid Rural Development: Perceptions and Perspectives from Southeast Asia, Athens: University of Ohio Press, pp. xiv + 369. Cloth $19.95, paper $10.95.

Gary E. Hansen (ed.), Agricultural and Rural Development in Indonesia, Boulder, Colorado: Westview Press, 1981, pp. xiv + 312.

William L. Collier, Declining Labour Absorption (1878 to 1980) in Javanese Rice Production, Bogor: Agro-economic Survey, Rural Dynamics Study, Publication No. 2, 1980, pp. 120.     

Book briefs

G Antonelli and A Quadrio‐Curzio (eds) The agro‐technological system towards 2000 North Holland.

W J Baumol Superfairness: Applications and theory The MIT Press, Massachusetts, 1986

E Boonzaier and J Sharp (eds) South African keywords: The uses and abuses of political concepts David Philip, Cape Town and Johannesburg, 1988

C Bryant (ed) Poverty, policy, and food security in Southern Africa Lynne Rienner Publishers. Boulder, Colorado, 1988

J Butler. R Elphick and D Welsh (eds) Democratic liberalism in South Africa: Its history and prospect David Philip, Cape Town and Johannesburg. 1987

D P Chaudhri and A J Dasgupta Agriculture and the development process: a study of Punjab Croom Helm, London, 1985

R Cohen (ed) Satisfying Africa's food needs: Food production and commercialization in African agriculture Lynne Rienner Publishers. Boulder/London, 1988

J M Conrad and C W Clark Natural resource economics: Notes and problems Cambridge University Press, Cambridge, 1987

D E Janvry and K Subbarao Agricultural price policy and income distribution in India Oxford University Press, Delhi, 1986     

Publications

Food Research Institute Studies, Vol XIII (1974) No 2, the Food Research Institute, Stanford University.

R. I. McKinnon, Money and Capital in Economic Development, The Brookings Institution, Washington. D.C., 1973, pp xii, 184. Index.

Soekirman, Priorities in Dealing With Nutrition Problems in Indonesia, Cornell International Nutrition Monograph Series, Number 1, 1974.

George Rosen, Peasant Society in a Changing Economy: Comparative Development in Southeast Asia and India, University of Illinois Press, 1975, pp. 54. US$8.95     

Publications

William L. Collier, Harjadi Hadikoesworo, Suwardi Saropie, Income, Employment, and Food Systems in Javanese Coastal Villages. Athens, Ohio, Ohio University Press, 1977, pp. 152, $7.00.

T. G. McGee and Y. M. Yeung, Hawkers in Southeast Asian Cities. Planning for the Bazaar Economy. Ottawa, International Development Research Centre, 1977. IDRC–083e. 139 pp. ISBN: 0-88936–120–7.

Louis J. Walinsky (Editor), Agrarian Reform as Unfinished Business: The Selected Papers of Wolf Ladejinsky Oxford University Press (for the World Bank) 1977 pp. xi + 603 £5.25 (paperback).     

Book briefs

World food marketing systems, Butterworth & Co, London, 1986.

Faces of hunger. An essay on poverty, justice and development, Studies in applied philosophy, Allen & Unwin, London, 1986. xiii + 178, distributed in South Africa by MacMillan South Africa, Braamfontein.

Decentralization and development — Policy implementation in developing countries, Sage Publications, London, 1983, 319 pp

Soviet interests in the Third World, Sage Publications, London, 1985, xi + 329 pp

No shortcuts to progress — African development management in perspective, Heinemann Educational Books Ltd, London, 1983, xv + 223 pp.

Strategies for African Development, University of California Press, London, 1986, xii + 603 pp.

Labour and poverty In Kenya 1900‐1980, Clarendon Press, Oxford, 1986, xii + 296, £20,00     

Book Reviews

M. Arsjad Anwar, Thee Kian Wie, Iwan Jaya Azis, Pemikiran, Pdaksanaan, dan Perintisan Pembangunan Ekonomi[Concepts, Implementation, and Pioneering in Economic Development], Fakultas Ekonomi Universitas Indonesia and PT Gramedia Pustaka Utama, Jakarta, 1992, pp. xx + 700.

Adam Schwarz, A Nation in Waiting: Indonesia in the 1990s, Allen and Unwin, Sydney, and Westview, Boulder, 1994, pp. 370. Paper: A$24.95.

East Asia Analytical Unit, Expanding Horizons: Australia and Indonesia into the 22st Century,Department of Foreign Affairs and Trade, Canberra, 1994, pp. xviii + 346. A$34.95.

Sjahrir, Pikiran Politik[Political Ideas], LP3ES, Jakarta, 1994, pp. xiv + 191.

Sjahrir, Persoalan Ekonomi Indonesia: Moneter, Perkreditan dan Nenca Pembayaran[Problems of the Indonesian Economy: Money, Credit and the Balance of Payments], Pustaka Sinar Harapan, Jakarta, 1995, pp. xv + 205.

Sjahrir, Analisis Bursa Efek[Analysis of the Stock Exchange], PT Gramedia Pustaka Utama, Jakarta, 1995, pp. xiv + 169.

Sjahrir, Ekonomi Indonesia dalam Perspektif Bisnis[The Indonesian Economy in a Business Perspective], PT Jurnalindo Aksara Grafika, Jakarta, 1994, pp. xvi + 239.

Sjahrir, Kebijakan Negara Mengantisipasi Masa Depan[National Policy: Anticipating the Future], Yayasan Obor Indonesia, Jakarta, 1994, pp. xv + 251.

Sjahrir, Formasi Mikro-Makro Ekonomi Indonesia[Indonesia's Macro and Micro Economy], Penerbit Universitas Indonesia, Jakarta, 1995, pp. xii + 313

F.B.A. Bouman and Otto Hospes, Financial Landscapes Reconstructed: The Fine Art of Mapping Development,Westview, Boulder, 1994, pp. xi + 416. US$45.00

Robert Cribb (ed.), The Late Colonial State in Indonesia: Political and Economic foundations of the Netherlands Indies 1880–1942,Verhandelmgen van het Koninklijk Instituut voor Taal-, Land- en Volkenkunde 163, KITLV Press, Leiden, 1994, pp. xiii + 295.

Shinya Sugiyama and Milagros C. Guerrero (eds), International Commercial Rivalry in Southeast Asia in the Inierwar Period,Yale Southeast Asia Studies Monograph 39, Yale Center for International and Area Studies, New Haven, 1994, pp. ix + 222.

W.L. Korthals Altes, Changing Economy in Indonesia. Volume 15: Prices (Non-Rice) 1814–1940,Royal Tropical Institute, Amsterdam, 1994, pp. 175. Paper: Dfl. 48.00.