With their 43 % share of total lendings by the multilateral development bank system (1994-1998), the African, Asian and Latin American development banks have become heavyweights in regional development financing. They were established to exploit regional specialization advantages, but have so...

“Imagine a world in which every single person on the planet is given free access to the sum of all human knowledge. That’s what we’re doing.” At a time when internet access is widely available, information is spread around the globe rapidly. This development enables people in various...

The GATT Conference of Ministers scheduled for November will have to deal with those developments of recent years which have given cause to believe that GATT is increasingly being adapted to the trade practices of its signatories rather than itself serving as their guiding principle. Does such a...