Since the 1960s the resource-poor countries have grown much faster than the resource-rich ones. This reflects basic differences in the speed of industrialization and the nature of the political state that are rooted in the natural resource endowment. Most resource-rich countries experienced a...

A volume which represents a uniquely thorough investigation of trade and financial policy as it impacts upon Third World development. Case studies backed by thematic discussion chapters give this text an important analytic content