Preface. About the Authors. Part I. Economic Growth. Srinivasan on choice of technique (R.M. Solow). Srinivasan on choice of technique once again (A. Khan). The effects of a decreasing rate of time preference on the accumulation of capital (R.R. Mantel). Endogenous fertility and growth of dynamics: dynastic and dynamic issues (K. Nishimura, L.K. Raut). Part II. Trade Theory and Policy. Play it again, Sam: a new look at trade and wages (J. Bhagwati). Exchange rate policies for developing countries: what has changed? (A.O. Krueger). Trade models of imperfect competition (M. Keyzer, L. van Wesenbeek). More on trade closure (K. Bhattarai, M. Ghosh and J. Whalley). Developing countries and the lure of preferential trade agreements: beware the hook (P.I. Levy). The impact of regionalism on agricultural trade: APEC and Japanese rice imports (J. Goto). Part III. General Equilibrium and Development Policy. Virtual reality in economy-wide models: some reflections on hope and despair with reference to India (N.S.S. Narayana, K.S. Parikh). Trade liberalization, fiscal adjustment and exchange rate policy in India (D.S. Go, P. Mitra). Identifying leading sectors that accelerate the optimal growth rate: a computational approach (M. Majumdar, I. Ossella). General-equilibrium cost-benefit analysis of education and tax policies (J.J. Heckman, L. Lochner and C. Taber). Part IV. Market failures and Economic Structure. International treaties on global pollution: a dynamic time-path analysis (P. Chander). Efficiency and market structure: testing for profit maximization in African agriculture (C.Udry). Explaining interlinking (C. Bell). The Kibbutz as a labor-managed club: public and private goods, incentives, and social control (M. Byalsky, M. Keren and D. Levhari). What do we know about production sets arising from an activity analysis model with integral activity levels? (H.E. Scarf). Index.