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?

During the fifties and sixties many countries of the Third World endeavoured to set up steel Industries of their own. These efforts seem to have awakened a wide-spread desire in these countries to produce also their own motorcars. As was the case with steel production, this desire is partly...

In the aftermath of the crisis, Europe is becoming more polarised in terms of employment, competitiveness and industrial specialisation. A 'German-centred core' which maintained employment and production – has emerged, contrasted by a 'Southern periphery', where major economic losses have...