In this survey of the field of international development policies, Sidney Dell challenges conventional wisdom and provides a rationale for a more cooperative and constructive approach to world development. Assessing the management of the global economy by the major economic powers and the policies that caused the world economy to lose momentum in the 1970s and 1980s, Dell directs his study to industrial countries which must, he claims, take responsibility for creating an environment favorable to Third World development.
Tracing the fundamental changes of the last forty years in...

A collection of essays by a number of internationally-known economists, this book is essential reading for those interested in development policy in the Third World. It provides new insights on a number of long-standing controversies about development policy in such fields as external constraints, import substitution, the debt problem, direct foreign investment, counter-trade, IMF conditionality and the impact of currency devalutation.

A collection of essays by a number of internationally-known economists, this book is essential reading for those interested in development policy in the Third World. It provides new insights on a number of long-standing controversies about development policy in such fields as external constraints, import substitution, the debt problem, direct foreign investment, counter-trade, IMF conditionality and the impact of currency devalutation.