This reissue, initially published in 1977, is an introduction to contemporary trading positions and problems of developing countries. The authors examine the main export options of Third World countries and consider the roles of the key international organisations -- GATT, UNCTAD, etc -- and those of national governments and foreign investors. The authors complete their review with an examination of the way in which numbers of developing countries have tried to diversify their trade relations, particularly by creating Third World trading groups. Contemporary economic difficulties and their impact upon the Third World is also discussed, with the authors displaying a guarded optimism about real changes in world economic relations, citing factors such as the spread of trade among developing countries and the increase processing of raw materials as potential for the wider participation of developing countries in international trade.

First published in 1975, in conjunction with the Overseas Development Institute, this study examines the case for and against aid for developing nations, taking the specific example of British aid to Malawi's economic development since independence in 1964. Kathryn Morton suggests that without Britain's aid, Malawi's capacity to develop would have been severely undermined and that aid has not generally inhibited Malawi's efforts to help itself. The rapid growth of both agricultural and industrial output alongside foreign exchange earnings and avoidance of large-scale urban unemployment and balance of payment problems do not bear out the critics' gloomy predictions. This book does much to counter the critics' case against aid and raises a number of vital questions in determining the future shape of aid policies for both Britain and other developed countries.

This reissue, initially published in 1977, is an introduction to contemporary trading positions and problems of developing countries. The authors examine the main export options of Third World countries and consider the roles of the key international organisations - GATT, UNCTAD, etc - and those of national governments and foreign investors. The authors complete their review with an examination of the way in which numbers of developing countries have tried to diversify their trade relations, particularly by creating Third World trading groups. Contemporary economic difficulties and their impact upon the Third World is also discussed, with the authors displaying a guarded optimism about real changes in world economic relations, citing factors such as the spread of trade among developing countries and the increase processing of raw materials as potential for the wider participation of developing countries in international trade.

First published in 1975, in conjunction with the Overseas Development Institute, this study examines the case for and against aid for developing nations, taking the specific example of British aid to Malawi's economic development since independence in 1964. Kathryn Morton suggests that without Britain's aid, Malawi's capacity to develop would have been severely undermined and that aid has not generally inhibited Malawi's efforts to help itself. The rapid growth of both agricultural and industrial output alongside foreign exchange earnings and avoidance of large-scale urban unemployment and balance of payment problems do not bear out the critics' gloomy predictions. This book does much to counter the critics' case against aid and raises a number of vital questions in determining the future shape of aid policies for both Britain and other developed countries.