Taiwan's remarkable growth record has been the result of an outward-looking, export propelled development strategy. Recently unfavourable political and economic events have adversely affected Taiwan’s economy. This article analyses the country's economic development and appraises its future...

At the end of 1982 South Korea had foreign debts of US $ 38 billion, the third highest total for a developing country after those of Mexico and Brazil. In contrast to these countries, however, South Korea has avoided debt crises so far. In view of the 20 or more rescheduling operations carried...

The union of the six states of the EEC has brought the largest trading power of the world into being in Europe. Its pesltion will be strengthened further by the accession of Great Britain and other states. The author, who is a Vice-President of the Commission of the European Communities,...

Japan's high and increasing trade and current account surpluses have aroused in the other industrialized nations a growing fear of Far Eastern competition. Some countries consider that protectionist measures are the only suitable response to increasing imports from Japan. Japan's "unfair"...