Whereas in 1970 most of the large EC countries were still recording real growth rates in excess of 5%, after the two oil crises there was an appreciable slowdown in economic expansion and at the beginning of the eighties even a real contraction. At the same time unemployment increased...

In the past four or five years politicians in the industrialized countries and research workers as well have been making increasing use of the term “interdependence” as quintessential to the economic and political relations between the North and the South. What does this term mean? Can the...

Since the summer of 1997, the East Asian "tiger" nations have suffered an unprecedented bout of weakness, plunging what had been vigorously expanding economies into a deep crisis. A number of domestic economic problems joined forces with turbulence on the foreign exchanges to generate a crisis...