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Processing of raw materials by the producer countries themselves has frequently been recommended as an appropriate way for developing countries to increase their domestic value added and achieve positive employment effects. As against that, the following article suggests that Third World...
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The purpose of this paper is to explore one of the more subtle problems facing the United States. The problem concerns retaining economic and political power In the face of decreasing self-sufficiency in natural resources and raw materials.
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Developing countries with considerable mineral reserves might be expected to have fewer problems with debt-servicing than other developing countries lacking these resources. In fact, during the past decade a not insignificant number of the former had to apply for a rescheduling of their foreign...
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