The Third Development Decade of the United Nations opened with a promising outlook for the developing countries. The economic situation of the OECD countries had improved during 1979 and the "North-South dialogue" seemed to be making progress. But the further course of 1980 and the subsequent...

When the General Agreement on Tariffs and Trade (GATT) was concluded in the late 1940s, there was hardly any mention of international transactions in services. At that time, the issue of international trade in services was of minor importance. In addition, attention was initially focused on...