Since the establishment of UNCTAD in 1964 as a permanent organisation for the promotion of the developing countries' trade and development interests, the substantive issues and problems have remained more or less the same. Dr. Ezenwe analyses the reasons why a yawning gap exists between...

At Nairobi, during this year's annual conference of the International Monetary Fund, the Fund's President, Mr Robert S. McNamara, called upon the LDCs to treat a more equitable distribution of personal incomes as a priority aim. However, the LDCs' machinery for making policy decisions makes it...