The almost total collapse of the old trade relationships with the other republics of the former Soviet Union has meant serious problems for the breakaway Baltic states of Estonia, Latvia and Lithuania. What progress have these countries been able to make so far on their way towards a market...

South Africa looks back to half a decade of fundamental changes: apartheid laws have been abolished, sanctions have been lifted and finally at the end of April 1994 the black South African majority was allowed to vote for the first time. How has the political and economic environment to be...

While in the United States economic growth finally broke through scoring in excess of 12 p.c. in real terms in the third quarter of 1975, there was some slowdown in the recovery toward the end of the year. What is to be expected in the internal and external economic sphere during 1976, while the...