Research in the field of economic development and respective discussions in the political sphere are presently focussing on two major issues: the social inequality within the third world and the continuously widening, economic gap between developing (LDCs) and developed (DCs) nations. The remedy...

Mexico has sustained unusual rates of real income growth (6.4 % of average annual GDP growth between 19 50 and 1970) by following an economic policy giving first priority to manufacturing industries. Import substitution has been the dominating trade strategy since the late 1940s with only...

Argentina has made the headlines of international media not only for its successful return to democratic political rules in December 1983 but also for its renewed slump into economic crisis. The country is no longer able to meet the debt servicing requirements and to repay loans due this year...

The purpose of this essay is to re-assess the case of outward- oriented trade regimes in the process of economic development. The nature of outward-orientation is briefly explained in the next section. As developing countries usually start their industrialization through import substitution...

Im Rahmen ihrer seit 1979 verfolgten wirtschaftlichen Öffnungspolitik hat die VR China vor allem in Küstenregionen besondere Anreize für die Attraktion von ausländischen Direktinvestitionen (FDI) geschaffen. Den vier Wirtschaftszonen (WSZ), einigen offenen Küstenstädten sowie den offenen...