While the integration process in the Caribbean Community and Common Market (Caricom) has only been in force for a few years, it is, in the author’s view, clear that the narrow free trade approach used so far will not be able to deal with the widening gap between the better-off and the less...

The opposition to a liberal stance on imports of manufactures from developing countries is growing as certain specific groups of products made in these countries prove increasingly competitive and the industrialized countries suffer from persistent high unemployment. Model computations for the...

The second decade of the Generalized System of Preferences (GSP) ends in 1980. Should it be continued for another, third decade and if so, what changes sould be made? Can the present Uruguay Round of GATT negotiations be used to effect improvements in the GSP?

In Western Europe in the last two decades the unemployment rate has increased during cyclical downturns only to persist at or around the higher level in the following phase of economic recovery. One of the most notable exceptions to this pattern of unemployment persistence, often termed...

States with socialist economic systems also suffer from employment problems, a fact which is frequently passed over in silence by the critics of our market economic order. Professor Gernot Gutmann analyses its magnitude and causes.