A fundamental change is emerging in the World Bank's perception of the problems of the debt overhang and in its ideas for development strategies. The author examines the implications for debtor countries.

All developed market economies have, during the last two decades, suffered serious structural difficulties in their economies, due, in part, to increasing LDC competitiveness in the production of manufactured goods. Most developed countries have reacted by adopting measures aimed at...

The foreign trade statistics of developing countries are relatively abundant and generally considered more reliable than data on their national accounts. This study reports the results of an accuracy test applied to export and import data from five developing countries (Indonesia, Malaysia, the...

Talks are at present in progress in Geneva among 51 industrialised and developing countries on a renewal of the Multi-Fibre Arrangement (MFA) which expires at the end of 1981. The preliminaries of the negotiations have already revealed the existence of massive conflicts of interest not only...