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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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
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description 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.
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source JSTOR Archival Journals and Primary Sources Collection
subjects Capitalism
Countries
Developing countries
Economic conditions
Economic development
Economic growth
Economics
Imports
Socialism
World economy
title FUTURE PLACE AND ROLE OF THE DEVELOPING COUNTRIES IN WORLD ECONOMY
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