The discussions anticipating the annual joint meeting of the IMF and the World Bank in Berlin this autumn have again drawn the increased attention of a broader public to the debt problems of the developing countries. Alternative groups are planning to hold an anti-congress, in which especially...

A sudden and radical reversal of financial flows to developing countries has occurred since 1982. Controversy exists, however, as to the scale of the actual outflow of resources and as to whether too much emphasis has been placed in the past on adjustment efforts. The following article attempts...