A long road to substantive levels of industrialization still lies ahead of most developing countries. The challenges facing policy-makers and industrialists in these countries are enormous. What role should the international community play in the second half of the '90s to support these...

The Pros and Cons of direct investment promotion measures in overseas countries have recently become the subject of fierce controversy in all industrialised countries, including the Federal Republic of Germany. Advocates and opponents of such measures, however, almost exclusively try to analyse...

There is growing awareness that some fundamental change has for some time been affecting the major European economies, involving a shift of manufacturing away from the developed market economies of Europe towards the developing countries. The following article analyses the process of European...