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Although according to the media, the theme for last fall's meeting of the International Monetary Fund and World Bank Group was all "sweetness and light", the February dollar crisis demonstrated the instability of the international monetary system. Now is the time for technicians to do the...
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Measured in per cent of their Gross National Product (GNP), western industrialised countries currently spend far less on development aid than they did ten years ago. This is partly due to the very limited usefulness of the prevailing concept of development aid.
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