Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows that, at least in the case of the oil-importing developing countries, the negative effects have been overestimated. In fact, in some respects the oil...

This paper presents an empirical study of the impacts of mobile termination rate (MTR) regulation on European mobile operator performance. It examines the effects of both glide path and asymmetric regulation on incumbents as well as new entrants to this market using a dynamic econometric model...

In its October-issue INTERECONOMICS published an article on Foreign Enterprises in Mexico. The present article deals with the role of multinationals in Colombia, their merits and the complaints about them. Colombia is of particular interest as a member of the Andes Pact.