This volume, which presents the proceedings of a seminar moderated by Wilfred Guth in Hamburg, Germany, dicusses the extent of international policy coordination, its effectiveness, and how it can be expected to work in the future

Fragen der internationalen Liquidität – aus heutiger Sicht Hauptgründe für die aktuelle Auseinandersetzung mit Fragen der internationalen Liquiditätsversorgung sind die allgemeine Sorge über die internationale Schuldenkrise, das Unbehagen über die unstete und unvorhersehbare Entwicklung...

The foreign capital requirements of less developed countries (LDCs) are basically the result of their huge volume of investment which far exceeds their actual saving potential. In addition, their capital needs are steadily rising owing to inflation and—not least—to the higher cost of energy....