Few countries are as dependent on foreign trade as the Federal Republic of Germany. Its close ramifications with the world economy are reflected by an economic policy concept geared to the liberal trade system. The chances for a consistent continuation of this policy have, it must be said,...

This article discusses the frustrations both sides of the Atlantic regarding security, commercial and monetary policies. It suggests, however, that with the European Community, Japan and the USA all in difficulties together they might now possess the political will to arrest through negotiations...

Together with the growing urgency of industrial development in the developing countries, the United Nations Industrial Development Organisation (UNIDO) is also more and more in the focus of interest. This young organisation, which two and a half years ago with much ambition assumed a huge...

The newly industrialising countries (NICs) in the East Asian region are beginning to be faced with serious problems: problems involved not only in moving from an easy phase of import substitution to a more difficult second stage, but also in progressing from the first to the second more...

Disappointment about the results of import substituting industrialization strategies as well as the spectacular performance of a few newly industrialised countries have led many developing countries to switch in the 1970s to export oriented industrialization. This analysis cautions against any...

On January 1, 1981 the southward extension of the EC starts with the accession of Greece. Spain and Portugal are to follow suit in the near future. The consequences in the industrial sphere will be less spectacular than those in agriculture but still of considerable importance for the process of...