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...