This book explores the principle issues surrounding the effective
participation of the developing countries in the new, more
interdependent global economy. It is up-to-date and offers a fresh
and critical assessment of traditional approaches in the sphere of
international financial and trading policies. Particular emphasis
is placed upon what is not known and requires further research.
Among the major issues addressed are the impact of the global
exchange rate system on developing countries, the efficacy of
growth-oriented structural adjustment lending, the future role of
foreign direct investment, the relevance of the 'new' trade
theories to the developing countries, primary commodity market
problems, poverty alleviation in adjustment programmes and the role
of information systems.
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