Problems of indebtedness in developing countries are not isolated occurrences. The example of the Philippines, however, is for many reasons a most interesting one. On the one hand, borrowing already once culminated in a debt crisis at the end of the 60s. On the other, the Philippine foreign debt...

Many developing countries see in joint ventures a convenient means of pursuing their economic development in their own way without forgoing the benefits to be derived from foreign investment capital and know-how. The following article presents some of the findings of an empirical study by the...

In countries, where the peasants have no decisive influence on the government, land reform is only instrumental towards achieving various objectives. As a result it loses immediately of its importance when these objectives can be reached in a different way or when the costs of utilizing this...