OBSERVATIONS SUR LES VUES DES PAYS NEUFS A L'ÉGARD DE LEUR CROISSANCE ÉCONOMIQUE

Abstract

The present article deals with some of the most important claims of underdeveloped countries. Especially are considered: Stabilization and promotion of exports, stimulation of industrialization, the problems of financial aid. Additional measures to be taken by an underdeveloped country itself (improvement of education and inter-regional co-operation) are also taken into account. Many of these claims, as it became evident at the Geneva conference on trade and development (March/June 1964), are proposed under wrong assumptions and expectations or are just irrealistic; for instance immediate removal of european and american protectionism in agrarian questions and concession of far-reaching export-guarantees for underdeveloped countries cannot be expected to be carried through at once. In connection with the problems of financial aid it is also often overlooked, that economic development cannot be realised by capital only. In spite of the often irrealistic claims, the result of the Geneva conference was nevertheless rather disappointing. The only resolution of some importance, the foundation of a new international organisation, cannot be expected to be useful, as long as the co-operation of existing institutions does not work.