The Journal of Developing Areas

MANAGING EDITOR: Abu N.M. Wahid, Tennessee State University, U.S.A.

EDITORIAL ADVISORS: Fred Ahwireng-Obeng South Africa, Halis Akder Turkey, Mary Amiti Australia, Kaushik Basu U.S.A., Timothy Besley England, Guido Cazzavillan Italy, Soumendra Ghosh, U.S.A. Lawrence Goulder U.S.A., Shreekant Gupta India, Retta Guy U.S.A., Magda Kandil U.S.A., Michael Keane U.S.A.,Robert Kunst Austria, Roger Lawrey Australia, Millicent Lownes-Jackson U.S.A., John Loxley Canada, Francis Lui Hong Kong, Eric Maskin U.S.A., Mohamed Muhsin U.S.A., Jihad Nader U.A.E., Hiroshi Osada Japan, Michael Pakko U.S.A.,Sock-Yong Phang Singapore, Vaman Rao U.S.A., Clifford Russell U.S.A., Adedoyin Soyibo Nigeria, Ippei Yamazawa Japan.