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...

On the face of it it looks as if there should be no great difference between less developed countries (LDCs) and the advanced national economies as far as planning is concerned. And yet in reality such differences do exist, even if they do not necessarily stem from the inequalities in the...

In most LDCs, the public sector and dirigisme have been allotted a vast, if not dominating, influence over the national economy. As a viable alternative to this widespread trend, the author seeks to develop an economic pattern of development policy based on the principles of market economy.