The impact of migrant workers' remittances on economic activity in their home countries was long overshadowed by the manifestly positive balance of payments effect. Only gradually did it come to be recognized that it was not just the scale of remittances but also the way in which they are used...

The international trade with weapons and its effects on the Third World are rarely mentioned in papers on international trade. This is not really surprising, given the fact that military affairs are kept very secret. Of all social science data it is probably that of the military sector which is...

Increased trade among the developing countries is often seen as a viable and more gainful alternative to their trade with developed countries. The following article examines trends in the volume, composition and direction of South-South trade since 1970 and addresses the question as to whether...

The actual effects of integration among developing countries often diverge considerably from the gains which the participants had expected. Thomas Straubhaar examines the reasons for this and outlines the conditions which must be fulfilled for integration to be successful.

The UBI is an adequate and effective way to adjust the concept of the social market economy to the age of digitisation, globalisation and the long-term trends that go along with a demographically ageing society. It is an efficient reaction to the increasing polarization between (human) capital...

Should central banks intervene in currency markets? In theory, within a flexible system, central banks should leave the process of determining appropriate exchange rates to the currency markets. In practice, however, central banks have frequently intervened to 'manage' the exchange rates...