Developing countries with considerable mineral reserves might be expected to have fewer problems with debt-servicing than other developing countries lacking these resources. In fact, during the past decade a not insignificant number of the former had to apply for a rescheduling of their foreign...

Many developing countries are currently considering liberalisation of external capital flows. While the ultimate objective of financial opening is to raise efficiency and growth, the reform process must be carefully designed to achieve these results. A recent conference has discussed the policy...

The present financial policies of the developing countries are hardly likely to create favourable conditions for economic growth. A change can only be brought about if the financing of development projects and the imports of consumer goods can be successfully integrated in an overall plan for...

The domestic capital markets of developing countries are typically subject to serious inefficiencies. This article shows how these inefficiencies can be eliminated without necessarily provoking an adjustment crisis and indicates the measures on which emphasis must be placed in the context of...

The purpose of this paper is to explore one of the more subtle problems facing the United States. The problem concerns retaining economic and political power In the face of decreasing self-sufficiency in natural resources and raw materials.

Processing of raw materials by the producer countries themselves has frequently been recommended as an appropriate way for developing countries to increase their domestic value added and achieve positive employment effects. As against that, the following article suggests that Third World...