TITLE

THE STRUGGLE FOR THE WORLD PRODUCT

AUTHOR(S)
Schmidt, Helmut
PUB. DATE
April 1974
SOURCE
Foreign Affairs;Apr74, Vol. 52 Issue 3, p437
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article focuses on developments in international economic relations. At this present stage there can hardly be any doubt that, long before the explosive rise in the prices of almost all raw materials, international economic policy was moving toward a critical phase. It is no longer possible to ignore the fact that difficulties have recently multiplied, bit by bit, and what is astonishing is that this has happened during a period of worldwide new production records. Whereas, on the one hand, the world economy was experiencing a fantastic boom, there was, on the other hand, growing uneasiness about the institutions, particularly the slowness with which they were adapting to changing conditions, to new tasks and objectives, in order to ensure a greater equality of starting conditions among nations and to enable an undistorted exchange of goods and services among them. Agriculture will probably continue to be a further reservation in the system of a free exchange of goods and services. Agriculture is the spoiled child of protectionism, not only because governments vie for farmers' votes, but also because every country is anxious to preserve its own minimum basis for feeding its people.
ACCESSION #
5810816

 

Related Articles

  • Foreign Assistance: Actions Needed to Better Assess the Impact of Agencies' Marking and Publicizing Efforts: GAO-07-277. Ford, Jess // GAO Reports;3/13/2007, p1 

    The negative perceptions of the United States associated with U.S. foreign policy initiatives have underscored the importance of the United States presenting a complete portrayal of the benefits that many in the world derive from U.S. foreign assistance efforts. Congress has expressed...

  • Donor Positioning: Development Assistance from the U.S., Japan, France, Germany, and Britain. Lebovic, James H. // Political Research Quarterly;Mar2005, Vol. 58 Issue 1, p119 

    In this study, I show that traditional models fail to account for a theoretically important, windfall profit that countries receive from their primary donors and that a consequence of neglecting this "bonus effect" is that models understate important (indirect) effects of donor interests on aid....

  • AIDED OUT.  // Institute of Public Affairs Review;Jun2003, Vol. 55 Issue 2, p39 

    Highlights a report published in the June 21, 2003 issue of 'The Economist' about the plan of India to stop accepting donation from other countries and assume the role of an aid donor. Increase in India's aid budget for other countries; Annual aid income of India; Reason for the move.

  • North Korea Invites China into the Inner Room of Its Economy. Nam Sung Wook // Korea Focus;May/Jun2005, Vol. 13 Issue 3, p11 

    The article presents a discussion on the North Korea's invitation to China into the inner room of its economy. With its ability to attract foreign capital and foreign currency being noticeably constrained by U.S. and Japanese economic sanctions, North Korea has felt an increasing need to...

  • External Borrowing and Foreign Aid in Post-Mao China's International Economic Policy: Data and Observations. Wu, Friedrich W. // Columbia Journal of World Business;Fall84, Vol. 19 Issue 3, p53 

    Since the inauguration of an "open door" foreign economic policy by the Beijing government in 1978, the People's Republic of China (PRC) has actively endeavored to expand its transnational economic relations with other actors around the globe. This article gathers hitherto scattered data on the...

  • WHO NEEDS THE IMF? Rogoff, Kenneth // Newsweek (Atlantic Edition);9/25/2006 (Atlantic Edition), Vol. 148 Issue 13, p48 

    The article looks at how the International Monetary Fund (IMF) is being asked to play a much broader role in helping maintain financial stability in the world. It is suggested that the IMF is trying to adopt to a financial world where lenders and creditors are trading places. According to the...

  • WHO NEEDS THE IMF? Rogoff, Kenneth // Newsweek (Pacific Edition);9/25/2006 (Pacific Edition), Vol. 148 Issue 13, p48 

    The article looks at how the International Monetary Fund (IMF) is being asked to play a much broader role in helping maintain financial stability in the world. It is suggested that the IMF is trying to adopt to a financial world where lenders and creditors are trading places. According to the...

  • QUESTION OF CURTAILING U. .S FOREIGN AID.  // Congressional Digest;Nov56, Vol. 35 Issue 11, p257 

    Chronicles the evolution of the United States' foreign aid program. Opposition to the foreign aid program; House Committee on Foreign Affairs' review of the program to be presented on February 1, 1957; Appointment of a special Senate Investigating Committee to be headed by Senator Green.

  • MAJOR STEPS TAKEN FROM 1945 TO 1955.  // Congressional Digest;Nov56, Vol. 35 Issue 11, p259 

    Chronicles major developments in the United States foreign aid program from 1945 to 1955. Responsibilities of the United Nations Relief and Rehabilitation Administration; Countries receiving military and economic aid under President Truman's administration; Secretary of State George C....

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics