favor of business interests and against the development objectives of Third World economies. It is for various reasons that …

between rich and poor countries in the world economy. Many observers draw an overly pessimistic picture of the perspectives of … experience of the frontrunners among DCs suggests some basic policy conclusions: Openness towards world markets is a precondition …

Globalised markets and production patterns offer favourable opportunities to raise world income. Yet globalisation also … prepared to meet the challenge of fiercer competition on world goods and factor markets. In industrialised countries, low … countries could have raised their share in world welfare gains if they had committed themselves more strongly to binding trade …

telecommunications industry. We analyse in particular the role of the WTO agreement in furthering liberalization around the world, and …