Through the 2000s, Korea's export and import linkages to advanced and emerging markets increased significantly. At the same time, the correlation of output growth between Korea and these economies rose. This paper investigates the nature of the link between trade linkages and the comovement of...

Shocks stemming from Brazil - the large neighbor in South America - have historically been a source of concern for policy-makers in other countries of the region. This paper studies the importance of Brazil's influence on its neighboring economies, documenting trade linkages over the last two...

Insofar as the New International Economic Order (NIEO) is aimed at strengthening the national sovereignty of the developing countries, at eliminating their dependence upon external "imperialist" markets, the Eastern bloc does indeed give very concrete expression to its support. The starting...

It is often argued that cooperation in the East-West-South triangle may become a very promising way of intensification of the international economic relations. After a contribution from the Western point of view in our journal (Klaus Bolz, No. 11/1976) the following article from the East deals...

During the 1970s the North-South Dialogue, which will shortly be continued at the summit in Mexico, was characterized by a gross disproportion between monstrous expenditure - with many losses due to friction - and negligible results. Symptoms of fatigue with regard to the Dialogue are spreading...

The Third Development Decade of the United Nations opened with a promising outlook for the developing countries. The economic situation of the OECD countries had improved during 1979 and the "North-South dialogue" seemed to be making progress. But the further course of 1980 and the subsequent...

The constraints that external linkages impose on domestic policy choices in Saudi Arabia have continuously evolved over the past four decades. This paper argues that two major ongoing developments in particular have affected and will continue to affect policy trade-offs. First, growing oil needs...