In recent years much attention has been given to the subject of delinking of developing countries from the world economy. John H. Adler gives an account of the arguments for delinking which is followed by an evaluation of these arguments and a discussion of the policy implications for industrial...

Recently the Interim Committee of the International Monetary Fund met in Hamburg without making significant progress on the proposal for a substitution account. One of the main initiatives toward restructuring the international monetary system thus was postponed if not indefinitely suspended....