At the end of 1982 South Korea had foreign debts of US $ 38 billion, the third highest total for a developing country after those of Mexico and Brazil. In contrast to these countries, however, South Korea has avoided debt crises so far. In view of the 20 or more rescheduling operations carried...

The danger of serious disagreements on the agricultural question and a trade war developing between the EC and the USA may never have been as great as it is today: on the one hand, the EC has less and less leeway for its foreign trade policy because the problems in financing its agricultural...

The Lomé Convention with its 63 signatory states in Africa, the Caribbean and the Pacific (ACP) represents the centre-piece of the EC's development policy. The current agreement, Lomé II, expires on February 28, 1985, and negotiations on Lomé III already began in Luxembourg on October 6,...

The European Community has frequently been blamed for impairing, through its highly protectionist agricultural policy, the development chances of Third World countries. Our article analyses whether, and to what extent, this reproach is justified.

The foreign trade policies of the industrialized countries have become increasingly complex. The states in question do not apply uniform policies to all other countries but operate different arrangements for different groups of countries. The divergencies can be easily adduced as evidence in...

The opposition to a liberal stance on imports of manufactures from developing countries is growing as certain specific groups of products made in these countries prove increasingly competitive and the industrialized countries suffer from persistent high unemployment. Model computations for the...

Since the beginning of detente in the sixties the United States' economic policy toward the Soviet Union has steered a zig-zag course. The latest spectacular step was President Reagan's lift - apparently without an adequate quid pro quo - of the embargo on grain and phosphates imposed by his...