Given that the developing countries today present a highly differentiated picture, is it appropriate to continue to speak of a "Third World"? If so, how does this group of countries appear to the present-day observer? What is their position within the world economy? What problems and challenges...

Unconventional forms of international trade (such as counterpurchase, compensation deals and barter) have assumed rapidly growing importance, especially in many developing countries, as a consequence of the fall in commodity prices and the worsening of international debt problems since the oil...

The dispute between the proponents of the market-economy road to development for the countries of the Third World and the advocates of the socialist road is an old one. Too often have the arguments been based on ideology rather than on facts. The recent publication by the World, Bank of...

Although there is general agreement on the fact that the new protectionism of the industrialised countries is damaging to developing countries, the majority of the latter show hardly any interest in a return to the classical GATT system. Prof. Körner provides an explanation for this apparently...

For several decades there has been a migration of highly qualified workers from developing to industrial countries. What are the causes of this "brain drain", which many regard as a subsidy from the poor to the rich? What consequences does it have for the countries concerned? Are there effective...