The most extensive tariff cuts in the history of GATT were completed with the fifth and final stage of the Kennedy Round. Tariffs on a volume of trade in excess of $ 40 bn have been reduced by an average of 50 p.c.

High on the agenda of the UNCTAD III Conference is the problem of least developed countries. It is realised that these countries need special cooperative action to improve their chances of overcoming the worst handicaps of poverty stabilised by stagnation. The hard-core cases within the group of...

Early in May the UN Secretary-General, Kurt Waldhelm, felt obliged to Intervene in the proceedings of the Third Conference for Trade and Development. By pointing out that there were no funds available to permit the Conference to extend its work beyond the five weeks that had been planned for it,...

In the past two decades, several attempts have been made in the developed countries to outline and pursue a “new policy” for the less developed countries (LDCs). Today, the vision of this concept is no longer as vivid or hopeful as it seemed at the beginning. The meagre results achieved at...

Practically all the governments of countries in South East Asia have observed with close attention, and in some cases with deep mistrust and concern, recent developments of Japan’s foreign and foreign trade policies. Memories of the Imperlalist period of the Japanese Empire are still...

The electorate has spoken — alea jacta est — re-electing President Nixon in an old-fashioned landslide for another four years’ term. What is to be expected in the internal and external economic sphere during 1973?

Practically all the governments of countries in South East Asia have observed with close attention, and in some cases with deep mistrust and concern, recent developments of Japan’s foreign and foreign trade policies. Memories of the Imperlalist period of the Japanese Empire are still...

The electorate has spoken - alea jacta est - re-electing President Nixon in an old-fashioned landslide for another four years' term. What is to be expected in the internal and external economic sphere during 1973?