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...

Exchange-rate strategies may be used to pursue the most varied objectives as instruments of development policy or of structural adjustment. The following article will examine the advantages and disadvantages of a number of exchange-rate policy options.

The priority previously given to urban areas by development programmes was replaced in the 1980s by efforts to implement deliberately targeted rural development. These often relatively complex projects showed less sustainable success than had been expected, however. What are the requirements for...

The classical approach towards adjustment has proved to have considerable shortcomings, particularly in connection with supply response issues and the conditions for re-establishing sustainable growth. The following article concludes that sustainable stabilisation and adjustment require a...

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...

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...