The maldevelopments due to aid-tied growth-maximisation strategies of the past decades have led to cynicism, and sometimes downright opposition to aid donation by taxpayers in the industrialised countries. On the other hand, radicals in the developing countries view aid as a Trojan horse to...

The paper models the policy challenges facing globalising developing countries. Models from pure theory of international trade, the small open economy model, growth accounting, the Solow-Swan model, the Gravity Model, Models of Portfolion Diversification, Currency Crises Models. These models are...

This paper discusses the demands for New International Economic Order to combat the poverty and dependency of developing countries on advance countries. The paper discusses the case for reforming foreign aid for development identifying the negative feedbacks of aid on recipients and the...

Investment by Transitional Corporations (TNCs) in Host Developing Countries (HDCs) have emerged as powerful engine of growth and development in the world economy. Neoclassical trade theory (Heckscher-Ohlin-Samuelson) model nor the product cycle or technology gap theories comes to grips with...

The spectacular growth several newly industrialized countries has reinforced the proposition that private foreign investment is an engine of growth. However, the opponents of private foreign investment by multinational corporations can have baneful effects on host developing countries due to...

This paper presents a comparative analysis of the Information Economy in Developed and Developing Economies using Australia and Papua New Guinea. The paper presents a methodology to extract the Information Economy from published Input-Output Statistics. It compares the potential of the...

The paper reviews the demands for New International Economic Order NIEO) by developing countries on the grounds that the present order and key international institutions such as IMF, World Bank, GATT still subserve the hegemonic interest of advanced countries. The proposals to establish a NIEO...