The European Community is to spend ECU 680 million on food aid in 1982 - an increase of 13.3% over 1981. Is this a sign of growing humanitarianism on the part of the EC or merely the side-product of a policy of agricultural protectionism which in the long run is harmful to the economies of both...

So far, it has been possible to stave off really serious consequences for the world economy and the international financial system since the developing-country debt crisis started in 1982. Yet for many developing countries, external debt problems and the underlying economic crisis are as...