Integration in Africa can only be a long-term attempt to solve economic problems, because of its high absorption of scarce and therefore expensive factors of production. In contrast to integration, cooperation seems to be a more useful approach to tackle the urgent employment and growth problems.

A new catch-phrase in development policy, "political conditionality", has rapidly established itself in recent times. Increasing numbers of Western politicians now seek to attach strings to development aid by requiring recipient countries to comply with certain political conditions. These...

An April 2015 World Bank report on the Millennium Development Goal poverty target has revealed that extreme poverty has been decreasing in all regions of the world with the exception of Africa. This study extends the implications of Thomas Piketty's celebrated literature from developed countries...

Despite considerable disbursements of official development aid the average annual per capita income in developing countries has increased only slightly. The prosperity gap between these countries and the industrialised nations has widened. In many cases the least degree of progress has been made...

Formerly an active supporter of the western industrialized countries', and particularly Sweden's, policy of development aid, Gunnar Myrdal has in recent years become increasingly critical of the present form of aid. In the following paper the Swedish Nobel Prize winner presents his case for a...