Introduction--J.McCombie & C.R.Rodriguez * Strong Uncertainty and How to Cope with it to Improve Action and Capacity--P.Davidson * Inflation Targeting: Assessing the Evidence--A.Angeriz & P.Arestis * Transparency Versus Openness in Monetary Policy--E.Carre * Dynamic Analysis of a Monetary Policy Shock on Banking Behaviour--E.Le Heron * Credibility of Interest Rate Policies in Eight EMS Countries: An Application of the Markov Regime-Switching of a Bivariate Autoregressive Model--P.Arestis & K.Mouratidis * Why do Firms Hedge? A Review of the Evidence--A.Judge * Concentration Versus Efficiency and Financial Liberalization in Latin American Banking--G.Chortareas, J.G.G.Garci;a & C.Girardone * The Role of Financial Institutions in the Context of Economic Development--S.Basu