The spectacular opening of the People’s Republic of China to the capitalist world market and the flourishing state of East-West cooperation-up to the Afghanistan crisis-show that cooperation with more advanced industrial countries in selected fields is seen as a promising means of speeding...

In support of their industrialisation efforts developing countries are offering a number of incentives to investors in order to compensate the latter for shortcomings and handicaps resulting from the countries' development status. Do these incentives serve their purpose?

During the fifties and sixties many countries of the Third World endeavoured to set up steel Industries of their own. These efforts seem to have awakened a wide-spread desire in these countries to produce also their own motorcars. As was the case with steel production, this desire is partly...

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.

China's new economic policy made headlines in December 1984 when a leading article in the People's Daily expressed the previously unthinkable opinion that the teachings of Marx and Engels could not be expected to solve all of China's present problems. What have been the main characteristics of...