Until the mid seventies the dependency theory could be relied upon to stimulate lively debate, but nowadays it seems to arouse little interest. There are several reasons for this, a fundamental one being the fact that many of the central tenets of dependency theory have since had to be...

Criticism within the Catholic churches of Latin America of the IMF and its approach to the development problems of the sub-continent has been persistently increasing in recent years. The measures imposed by the IMF, especially those following the payments crisis of 1982 have met with growing...

The frequent lamentation that the brain drain is one of the most serious obstacles to progress in the developing countries shows clearly that elites are accorded an important role in the development process. Nonetheless, all there is at present on the function of elites in economic development...

The salient feature of the theoretical discussion of development problems is still the rivalry between two approaches. An outline and critique of the dependencia school and the modernization theory is provided in the following article which also points out possibilities of combining both these...

The following article outlines the theories of development strategy which approach the subject from the theory of growth and discusses their practical applicability to planning activities in developing countries.

Macroeconomic imbalances in the eurozone have decreased significantly since the beginning of the financial and economic crisis. In Portugal, the economic adjustment process is strongly being driven by growth in export activity. The recent improvement in price competitiveness has supported the...