"This paper presents a three-sector static model to explore the rationale for a series of institutional distortions in developing countries. The authors argue that, after World War II, motivated by a belief in the development of state-of-the-art industries as a means for nation building, the...

This paper presents a three-sector static model to explore the rationale for a series of institutional distortions in developing countries. The authors argue that, after World War II, motivated by a belief in the development of state-of-the-art industries as a means for nation building, the...

This paper presents a three-sector static model to explore the rationale for a series of institutional distortions in developing countries. The authors argue that, after World War II, motivated by a belief in the development of state-of-the-art industries as a means for nation building, the...

At the close of the Second Development Decade, 1971-1980, the Third World was able to record significant achievements in industrialization and external trade. But the army of jobless has swollen further; the urban slums have grown larger; and famine has claimed more, not fewer victims. The...

The contrast between industrialized and developing countries is often seen as one between two opposites: Rich countries - poor countries. But the poverty in the developing countries is by no means identical with the need for help as perceived in the industrialized societies. Poverty in the Third...

Formerly an active supporter of the western industrialized countries', and particularly Sweden's, policy of development aid, Gunnar Myrdal has in recent years become increasingly critical of the present form of aid. In the following paper the Swedish Nobel Prize winner presents his case for a...