Much concern has been expressed in recent years over the mounting debt burden of developing countries. The increasing amounts of loans and their hardening terms have in many cases led to external debt servicing problems of alarming magnitudes. The following contribution addresses itself to...

The Federal Republic of Germany, together with the United States of America, is one of the most determined opponents to the developing countries' demand for a general debt moratorium (and also the UNCTAD integrated programme on commodities). However, the outcome of recent international...

This is an attempt to derive broad, strategic lessons from the diverse experience with economic growth in last fifty years. The paper revolves around two key arguments. One is that neoclassical economic analysis is a lot more flexible than its practitioners in the policy domain have generally...

Bis zum Ende der achtziger Jahre dominierte in der Wachstumstheorie das neoklassische Paradigma, das auf Tinbergen (1942) zurückgeht und vor allem von Solow (1956) weiterentwickelt wurde. Nachdem dieser Ansatz in seiner Entwicklung zu einem gewissen Abschluß gekommen war, wurde die...

Most low income countries are characterised by a high dependence on exports of a small number of agricultural or mineral commodities. In the 1980s, the economic and social performance of these countries has been extremely dismal. Declining per capita incomes, stagnating food production, and an...