The collapse of socialism and opening up of markets in the East has led to a significant structural change in direct investment behaviour on a worldwide scale. The trend is particularly evident in Germany's direct investment patterns over the past two years. While newly industrializing countries...

Unconventional forms of international trade (such as counterpurchase, compensation deals and barter) have assumed rapidly growing importance, especially in many developing countries, as a consequence of the fall in commodity prices and the worsening of international debt problems since the oil...

The concept of South-South cooperation in development policy seeks not only to enlarge traditional trading relations but also to strengthen the negotiating position of the Third World vis-à-vis the First World. An important partial aspect of this is cooperation in the raw materials sphere. The...

The dispute between the proponents of the market-economy road to development for the countries of the Third World and the advocates of the socialist road is an old one. Too often have the arguments been based on ideology rather than on facts. The recent publication by the World, Bank of...

Taiwan is developing ever more perceptibly into what both Peking and Taipei consider it to be: a province of China, albeit a province sui generis—part of China and yet an independent state, enjoying world-wide recognition though denied diplomatic relations, a leading commercial power but...