Extreme poverty, drought and famine continue to afflict people in many parts of the world. Food aid has occupied a central role in the response to these problems, and there have been notable successes, yet there is doubt and criticism about the appropriateness of food aid. Is food aid doing more...

The period of the 1970s experienced a tremendous growth of debt of the less developed countries (LDCs). Between 1970 and 1980, the debt of the LDCs grew fivefold to $580 billion. Much of this growth of debt was accounted for by liberal lending of transnational commercial banks (TNBs). The...

The author discusses the controversial problems connected with the transfer of highly sophisticated technologies to LDCs. In his opinion this transfer and adaptation of technologies is necessary and advantageous, but depends on the development of a national technological capacity of a developing...

The authors try to test statistically whether the flow of resources between poor and rich countries has in fact conformed to the “1 per cent” target defined by the United Nations. Basis for testing several hypotheses are data published by the Development Assistance Committee (DAC) of the OECD.

In this paper we argue that the Keynesian vision is still valid, with the addition of some new issues, and that although the Keynesian growth system did not explicitly mention the human driving forces, it is yet capable of incorporating the present view of human-centred development without...

This volume honors Raúl Prebisch's contributions to economic thought and uses his 1970 report Change and Development: Latin America's Great Task as a point of departure for analyzing trends in the region in the 1970s and 1980s. This volume comprises a collection of the papers presented at the...