The North-South dialogue on a New International Economic Order has reached deadlock. To revive it Prof. Sautter is counseling an offensive application of the basic principle of the Social Market Economy to the global economic relations between industrialised and developing countries.

A world government does not seem to be indispensable for a world economic policy. The work of international agencies, as inter alia IMF, GATT, ILO, WHO, UN Economic and Social Council and World Bank, proves the contrary. Global tasks can in many instances be tackled through treaties and...

Long before the socialist industrialized nations began to call their centrally planned, or government controlled, economies into question, policymakers in many developing countries with dirigistic, interventionist systems, including capitalist oriented ones, had started to rethink their economic...