Disappointment about the results of import substituting industrialization strategies as well as the spectacular performance of a few newly industrialised countries have led many developing countries to switch in the 1970s to export oriented industrialization. This analysis cautions against any...

In implementing the Multilateral Textile Agreement the European Community opted for the instrument of export self-restraint agreements which - in contrast to unilaterally imposed restrictions - may already be concluded before a threatening market disruption has actually materialized. On the...

Japan's industrial and trade policies are often seen as the reason for high Japanese balance of trade surpluses. Does this theory stand up to a close examination of the relationships between balance of trade, trade policy and structural change?

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?

A high degree of concentration on a few commodities in the export structure of Pakistan during more than a decade of economic planning reflects the typical weakness of many developing countries in generating adequate and stable external resources so badly needed to accelerate their development...

One of the many new publications dealing with the reform of the International trade system is the report of the Trade Policy Research Centre "Towards an Open World Economy". The following article analyses and criticises the main proposals of the report.