This is the eighteenth annual edition of the World Development Report, the standard reference for international economic data. The 1995 edition contains a special section on the importance of the market economy and labor policy in raising the living standard of workers around the world. A central message is that market-based development strategies are the best way to raise the living standards of all workers, including the poor. Chapters analyze the ways in which free trade, capital mobility, and international migration bring net gains to rich and poor countries alike, benefiting workers. It also discusses the goals of government policy toward labor and the ways in which reforms can effect a positive transition to a market economy. The unique data included in each annual edition have been fully updated.