For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues. Contents Include: Articles Regional Evolutions, Olivier Jean Blanchard and Lawrence F. Katz Stabilization and Economic Reform in Russia. Stanley Fischer Hunting for Homo Sovieticus: Situational versus Attitudinal Factors in Economic Behavior, Robert J. Shiller, Maxim Boycko, and Vladimir Korobov Official Creditor Seniority and Burden-Sharing in the Former Soviet Bloc, Jeremy Bulow, Kenneth Rogoff, and Afonso S. Bevilaqua Report Economic Transition in Eastern Germany, Rudiger Dornbusch and Holger Wolf