To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...

Development as self-interest -- Targeted development in perspective -- Maximizing utility vis- a-vis developing countries -- Re-orienting foreign aid -- Preferential trade agreements as development policy -- Climate finance for developing countries

Globalization and catching up -- The key institution -- New developmentalism -- The tendency of the exchange rate toward overvaluation -- The Dutch disease -- Foreign savings and slow growth -- Foreign savings and financial crises