This book is Volume 4 of the Proceedings of the 10th World Economic Congress held in Moscow in 1992 under the auspices of the International Economic Association. It considers various aspects of economic policy and development and issues in developing countries of domestic economic management and policy reform, under conditions of increased economic openness.

A distinguished group of international and development economists surveys the major issues in international development finance and trade. They are particularly concerned to consider the implications of trade and finance for global poverty and prosperity. The book includes an assessment of the life and work of Sidney Dell, in whose memory it has been written.