There has been much discussion of the Newly Industrializing Countries (NICs) in recent years and various studies of their impact have been made. Much of the concern about NICs in the industrialized countries is however based on what they portend for the future rather than their present impact....

Originally concluded in February 1975, the Lomé agreement linking the EEC with some 58 African, Caribbean and Pacific (ACP) states expired in March 1980. The relationship was renewed by the Second Lomé Convention signed on October 31, 1979. Our author takes a critical view of this new...

The basic-needs strategy is a response to the shortcomings of one-sidedly growth-oriented development concepts. Instead of focusing on growth or employment, as hitherto, the new development strategy now focuses on elimination of mass poverty in the Third World countries. The basic-needs concept...

Disappointment about the results of import substituting industrialization strategies as well as the spectacular performance of a few newly industrialised countries have led many developing countries to switch in the 1970s to export oriented industrialization. This analysis cautions against any...

The discussion on the significance for development policy of the Stabex system, which gained additional impetus as a result of the financing problems observed for the first time in 1981, has up to now suffered from a lack of empirical analysis of the scheme's effects. The following article...

A strategic evaluation of the global marketplace -- The global emerging market -- Ten modern global political, economic and technological trends -- Strategic country classification of the global marketplace -- The emerging global business order -- Global economic strategy -- Strategic management...

How can property rights be protected and contracts be enforced in countries where the rule of law is ineffective or absent? How can firms from advanced market economies do business in such circumstances? In Lawlessness and Economics, Avinash Dixit examines the theory of private institutions that...