This study promotes the understanding of the link between development, environment and international economic relations. It suggests that the growth effects of environmental management may tend to serve as an equalizer, helping to redress the imbalance in real income levels between developed and...

One of the more unhappy effects of the recent, massive rise in the price of crude oil has been its impact on those developing countries not fortunate enough to be oil exporters themselves. The authors offer a proposal for rechanneling some of the oil revenues to the impacted developing countries.

Infrastructure and its effects on economic growth, social welfare, and sustainability receive a great deal of attention today. There is widespread agreement that infrastructure is a key dimension of global development and that its impact reaches deep into the broader economy with important and...