This paper deals with poverty in developing countries.

I first describe how concerns about development of less developed countries were reflected in the evolution of the multilateral trading system, from GATT 1947 to the conclusion of the Uruguay Round of multilateral trade negociation and the establishment of the World Trade Organisation (WTO). In...

After reviewing th epost-World War II evolution of the international financial architecture, this paper presents a critical appraisal of current proposals for reform: limiting capital account convertibility, introducing an international lender of last resort, and reforming debt market...

The paper reviews the experience of developing countries in the multilateral trading system forme the conclusion of the GATT in 1947 and the establishment of the WTO in 1995. It traces the origins of GATT and the history of eight successive rounds of multilateral negotiations under its auspices...

I evaluate India's transition from an inward-oriented development strategy to greater participation in the world economy. While tariff rates have decreased significantly over the past decade, India is still one of the more autarkic countries. Despite improvement over the past in export...