Is there a stable quantitative relationship between the exports of developing countries and prosperity in developed countries? The controversy between Lewis and Riedel on this question is taken up anew in this paper and examined in the light of ten years of added data and by estimating...

There has been much discussion of the Newly Industrializing Countries (NICs) in recent years and various studies of their impact have been made. Much of the concern about NICs in the industrialized countries is however based on what they portend for the future rather than their present impact....

The electorate has spoken - alea jacta est - re-electing President Nixon in an old-fashioned landslide for another four years' term. What is to be expected in the internal and external economic sphere during 1973?