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Long before the socialist industrialized nations began to call their centrally planned, or government controlled, economies into question, policymakers in many developing countries with dirigistic, interventionist systems, including capitalist oriented ones, had started to rethink their economic...
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The North-South dialogue on a New International Economic Order has reached deadlock. To revive it Prof. Sautter is counseling an offensive application of the basic principle of the Social Market Economy to the global economic relations between industrialised and developing countries.
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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...
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It has been evident for some time that the proportion of the public development aid which is distributed through multilateral channels is increasing. The causes of this process are examined in the following article which is based on the author's doctor thesis.
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We follow the multi-dimensional approach to socio-economic sustainability and distinguish among the needs of society in the four dimensions that make up the basic pillars in our model. Thus, we focus on the sustainable development of the economy, society, environment and institutions.
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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.
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