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The sudden shock of the fivefold increase of the price of oil in the autumn of 1973 has been reflected since in the world trade by structural changes in its composition by categories of goods and its regional distribution. How has the international trade coped with this shock, and which more...
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Development institutions are currently revising their traditional positions on the question of adequate trade policies for developing countries. Against this background the following article takes stock of the degree to which developing countries have become integrated into the world economy and...
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The actual effects of integration among developing countries often diverge considerably from the gains which the participants had expected. Thomas Straubhaar examines the reasons for this and outlines the conditions which must be fulfilled for integration to be successful.
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