A long road to substantive levels of industrialization still lies ahead of most developing countries. The challenges facing policy-makers and industrialists in these countries are enormous. What role should the international community play in the second half of the '90s to support these...

In support of their industrialisation efforts developing countries are offering a number of incentives to investors in order to compensate the latter for shortcomings and handicaps resulting from the countries' development status. Do these incentives serve their purpose?