Those economists who expected the increasing US budget deficits in recent years to have a negative impact on private investment spending have so far been proved wrong. Hans-Peter Fröhlich provides an analysis of what has happened and examines the interrelation between public sector deficits and...

The Federal Republic of Germany, together with the United States of America, is one of the most determined opponents to the developing countries' demand for a general debt moratorium (and also the UNCTAD integrated programme on commodities). However, the outcome of recent international...

Looking back at the 5th session, at the spirit of its debates and negotiations and at its results, one could indeed conclude that it reflected more cooperation than the preceding ones. Some of the reasons why this happened may be found in the general development. However, to a great extent it...

Foreign aid has often been considered as one aspect of the world-wide confrontation between East and West and one might therefore wonder to what extent the neutral European countries have an aid policy of their own reflecting their status of non-alignment. The following article tries to give an...

Despite considerable disbursements of official development aid the average annual per capita income in developing countries has increased only slightly. The prosperity gap between these countries and the industrialised nations has widened. In many cases the least degree of progress has been made...

A fresh start is needed in development policy in order to move away from the sort of superficial, overselective assistance, which is very often altruistic in appearance only, towards a more comprehensive, world-wide structural policy which does not only raise more resources for setting up a...

The recommendations of international organizations such as the World Bank, ILO, OECD and FAO and comparable demands by critical social scientists evince a growing awareness that basic human needs should be made the point of departure and orientation for analyses, planning and evaluation. They...

The main objectors to a link being established between special drawing rights (SDRs) and the financing of development have in the past been the industrial countries. They have been pointing out that SDRs were created for other purposes - more effective control over international liquidity - and...

The unsolved internal problems of Germany’s development aid require an early reexamination of the objectives and the concept of development aid against the quickly shifting world-economic background. Numerous hitherto unsettled questions concerning technical aid and its implementation have to...