FUTURE PLACE AND ROLE OF THE DEVELOPING COUNTRIES IN WORLD ECONOMY

The author states that the world economic processes are working towards a further polarization between the advanced and the underdeveloped countries. The acceleration of economic growth in developing countries requires a transfer of material and intellectual energies: a reduction of expenditure on a...

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Bibliographic Details
Published in:Acta oeconomica 1966-01, Vol.1 (1/2), p.121-136
Main Author: Bognár, J.
Format: Article
Language:English
Subjects:
Capitalism
Countries
Developing countries
Economic conditions
Economic development
Economic growth
Economics
Imports
Socialism
World economy
Online Access:Get full text
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Summary:The author states that the world economic processes are working towards a further polarization between the advanced and the underdeveloped countries. The acceleration of economic growth in developing countries requires a transfer of material and intellectual energies: a reduction of expenditure on armaments may be a source of such energies, its organizational medium, however, may become an international organization transformed according to the needs of the present world.
ISSN:0001-6373
1588-2659