On July 27,1971, the Commission of the European Communities has submitted a memorandum on a Joint European development policy to the governments of the EEC's member states. It has thereby called for a beginning of the discussion on cooperative action by the Communities also in the field of...

Despite considerable disbursements of official development aid the average annual per capita income in developing countries has increased only slightly. The prosperity gap between these countries and the industrialised nations has widened. In many cases the least degree of progress has been made...

At the close of the Second Development Decade, 1971-1980, the Third World was able to record significant achievements in industrialization and external trade. But the army of jobless has swollen further; the urban slums have grown larger; and famine has claimed more, not fewer victims. The...