Disagreement on appropriate policies to reduce the American balance of payments deficit has been a major source of friction between the US, on the one hand, and the Federal Republic of Germany and Japan, on the other. Against this background Professor Bronfenbrenner Presents a theoretical...

The effects of development aid programmes on the domestic economy of donors are relatively infrequently examined. This study reviews the impact of the United Kingdom's Development Aid Programme on the British economy over the period 1975-79 with particular attention to employment creation and...

In recent weeks, fears of a worldwide economic recession have become widespread because more and more symptoms appear that resemble those at the start of the great depression of 1929. However, wrong conclusions may be drawn from similar symptoms unless basic development trends as well as the...

The Central-American Common Market (Mercado Común Centroamericano - MCC) was established in 1960 and its members are: Costa Rica, EI Salvador, Guatemala, Honduras and Nicaragua. Purpose of this article is meant to be a reflection on these countries' development of their external trade during...

With the changes in the political and economic structures of the developing countries and the progress of the technological development the tasks devolving upon the foreign merchant firms also underwent substantial changes. The article discusses their functions and problems in the external...