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...

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...

This paper reviews the interrelationships between the major forces of telecommunications technology and trade promoting growth in developing countries. The study uses a sample of 93 countries dichotomized in 43 developing and 50 advanced countries using the criterion of per capita income. The...