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Favorable conditions existed for world economic growth during the 1980s and early 1990s. Yet real GDP growth rates for 76 out of 87 countries included in this study decreased during this time, relative to the 1968-80 period. The middle income countries experienced the greatest decline in growth...

This paper discusses the major problem facing regional capital and credit markets in their relationship to regional development. There are two ways in which capital and credit markets play a crucial role in regional development: (1) they mobilize local savings resources and allocate them between...

My paper is divided into four parts. The first part contains a brief review of recent changes in the structure of the international economy. The second part briefly reviews the recent experience of Brazil in its relations to the international economy, while the third part discusses Mexico's...