The electorate has spoken - alea jacta est - re-electing President Nixon in an old-fashioned landslide for another four years' term. What is to be expected in the internal and external economic sphere during 1973?

For a time in the mid-1970s, “Third World solidarity” was at its zenith and the prospect of a new international economic order appeared to be within reach. But by the Cancun Summit in 1981 the schism between the oil exporting developing countries and the non-oil exporting developing...

Economic growth leads, according to Kuznets, at first to glaring income disparities and only when a certain state of development has been reached to a levelling of incomes. Translating this thesis to the developing countries, one would have to assume that there exists a constant conflict of...

Economists find it difficult to reach agreement about the effects on economic growth of depreciation of the money value. One reason is that they define certain terms in different ways, another one is that many other factors as well as inflation have an impact on economic growth. They may...

One of the more unhappy effects of the recent, massive rise in the price of crude oil has been its impact on those developing countries not fortunate enough to be oil exporters themselves. The authors offer a proposal for rechanneling some of the oil revenues to the impacted developing countries.

Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows that, at least in the case of the oil-importing developing countries, the negative effects have been overestimated. In fact, in some respects the oil...

The United Nations Committee for Development Planning (CDP) in its annual report 1992 will address the relationships between poverty, environment and development, as a kind of input to the discussion that led to and will ensue from the United Nations Conference on Environment and Development...

Given that the developing countries today present a highly differentiated picture, is it appropriate to continue to speak of a "Third World"? If so, how does this group of countries appear to the present-day observer? What is their position within the world economy? What problems and challenges...