Discussion about the positive and negative effects of foreign private investment has been going on for years. In the opinion of the authors, the varying benefits and costs of foreign investments to a host country suggest specific policies to optimise their mix.

On the face of it it looks as if there should be no great difference between less developed countries (LDCs) and the advanced national economies as far as planning is concerned. And yet in reality such differences do exist, even if they do not necessarily stem from the inequalities in the...

When announcing its ideas on development policy in the Second Development Decade which began in 1971, the Federal Government said that it "wishes to promote tourism in sultable less developed countries (LDCs) through improvement of the infrastructure, especially transport, provision of...

At Nairobi, during this year's annual conference of the International Monetary Fund, the Fund's President, Mr Robert S. McNamara, called upon the LDCs to treat a more equitable distribution of personal incomes as a priority aim. However, the LDCs' machinery for making policy decisions makes it...

Looking back at the 5th session, at the spirit of its debates and negotiations and at its results, one could indeed conclude that it reflected more cooperation than the preceding ones. Some of the reasons why this happened may be found in the general development. However, to a great extent it...

Foreign aid has often been considered as one aspect of the world-wide confrontation between East and West and one might therefore wonder to what extent the neutral European countries have an aid policy of their own reflecting their status of non-alignment. The following article tries to give an...

The Council of Ministers of the European CommunIties decided on March 30, 1971, to put into effect on July 1, 1971, a system of general tariff preferences favouring the exports of manufactures and semimanufactures from developing countries. By taking this decision the European Communities have...

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...