Long before the socialist industrialized nations began to call their centrally planned, or government controlled, economies into question, policymakers in many developing countries with dirigistic, interventionist systems, including capitalist oriented ones, had started to rethink their economic...

The United Nations' first development decade has not come up to expectations in Its results: neither did developing countries succeed in achieving a minimum growth rate of 5 p.c. of their GNP, nor did lndustriailsed nations use for aid the equivalent of I p.c. of their GNP. U Thant called this...

Government intervention in developing countries has often been biased towards the support of urban industries and the urban population. The resulting distortions in exchange rates and in the prices of the factors of production have had serious detrimental effects on rural areas. A gradual...

The emphasis of development policies has for many years been placed on primarily growth-oriented development strategies. Although the latter have indeed induced an astounding increase in real GNP levels in Third World countries, they have not been able to decisively reduce existing social...

The EC’s association and preference policy has again and again given rise to criticism by those developing countries who are not favoured as well as by the other industrial states. Sometimes, however, it seems that preferences have been overestimated. It cannot be overlooked that the...