During the fifties and sixties many countries of the Third World endeavoured to set up steel Industries of their own. These efforts seem to have awakened a wide-spread desire in these countries to produce also their own motorcars. As was the case with steel production, this desire is partly...

Inherent in this subject is the question of foreign trade: Does it help or hinder development of LDCs or, more concretely, under what conditions and by what measures can positive effects be achieved and negative results be avoided?

Development plans form one of the bases from which a development process starts. One of the problems encountered is that a large variety of action parameters in the political and economic spheres have to be taken into account in the drafting of a plan and in structural analysis. The problem of...

How much and what kind of development consulting the industrial states provide for the less developed countries (LDCs) must depend on the structure of the reciplent country and the specific needs for advice ensuing from it. Constant consultation on development issues and development programmes...

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.

Both free trade and protectionism have been proffered as prescriptions for Third World development but neither has carried universal conviction. Neither import substitution nor export promotion strategies have come up to expectations. The author advocates a limited measure of delinking from the...