July-September 1997, Volume 10, Number 3

Volume 10, Number 3 / July-September 1997

International Focus
Brazil: Shifting from Vast Bureaucracy to Managerial State
Netherlands Ambassador Cites Challenges Facing European Community

Deregulation to Provide Challenges and Opportunities for Natural Gas Companies

Research Notes
Are International Settlements a New Source of Systemic Risk?
Measuring Monetary Policy's Effects Is Difficult in Practice

Why Is the Economy Doing So Well?

Dollar Index
April-June 1997 Update

Editorial Director
Pierce Nelson

Managing Editor
Lynn Foley

Carole Starkey

Vice President and Public Affairs Officer
Bobbie H. McCrackin

Policies: The views expressed are not necessarily those of the Federal Reserve Bank of Atlanta or the Federal Reserve System. Reprinting or abstracting material from this publication is permitted provided credit is given to Economics Update and a copy of the publication containing the reprinted material is provided to the Public Affairs Department.

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ISSN 0899-6555