This paper discusses issues arising from development centred on the satisfaction of basic needs, and more generally, questions of distribution and of North-South relations. A critical review is made of prevalent approaches to development and trade, which are based on economic theories that...

The North-South dichotomy is evident not only to political economists and foreign policy makers but to anyone who pays attention to the news. The gravity of the situation has become more pronounced since the admission, by the richer states, of a fiscal deficit problem and the possibility of a...

Warum steigt ein Land zur Wirtschaftsmacht auf? Sind Freihandel und Globalisierung Allheilmittel? Was ist die Ursache für die europäische Währungskrise? Bei seiner Reise durch die Wirtschaftsgeschichte von den mächtigen Stadtstaaten der Renaissance bis zum aktuellen Aufstieg Chinas und...

The strong monetary policy actions undertaken by advanced economies' central banks have led to complaints of "currency wars" by some emerging-market economies and to widespread demands for more macroeconomic policy coordination. This paper reviews cross-border effects of advanced economies'...