Economic development has been for many years the dominant national policy objective of the countries in the Third World, but there has been little consensus on the goals and definitions of development. Focusing on the era since World War II, H. W. Arndt traces the history of thought about...

Open Regionalism is regional economic co-operation without discrimination against countries outside the region. The concept grew from the experience of rapid growth, and expanding trade and investment across national borders, in East Asia and the Pacific. It became the guiding idea of...

Asia-Pacific economic development is at a decisive point. The particular system of open trading is breaking down, and no longer has clearcut American support. East Asia can now provide a majority of the market's growth required for its own export expansion, but cannot carry the whole load alone....