The island's rapid industrialisation over the past decade and its development as the main trade and financial centre of South-East Asia, supported by a phenomenal growth in tourism, constitute yet another Asian economic miracle.

The traditional focus of development cooperation on economic growth and the transfer of technology having proved insufficient, it would seem that an international consensus on the objectives and essence of development is now emerging which places strong emphasis on participation of the people...

While bringing unprecedented prosperity to post-war Japan, her "economic miracle" at the same time led to greater vulnerability owing to a much higher degree of dependency on raw material imports and outlets for export goods. This was brought home to the Japanese by events in the early 1970’s....

In recent years much attention has been given to the subject of delinking of developing countries from the world economy. John H. Adler gives an account of the arguments for delinking which is followed by an evaluation of these arguments and a discussion of the policy implications for industrial...