The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance differs tremendously across developing countries. We...

In der dritten Welt wird die ökonomische Entwicklung verhindert, weil die Länder Kredite ausländischer Gläubiger bedienen müssen. Ein Schuldenerlass ist notwendig, weil demokratische Regierungen nur bedingt für die Politik ihrer nicht legitimierten Vorgänger in die Pflicht genommen werden...

This volume comprises studies by leading research scholars in the United States and Asia on Asia's debt capital markets. The book is unique in drawing upon the research, experience and perspectives of experts from the academic, legal, governmental and practical investment fields. They assess the...