Abstract
Economic Affairs Officer, United Nations Conference on Trade and Development, Geneva, Switzerland. The views are those of the author and do not necessarily reflect the opinion of the United Nations Secretariat. The mention of private firms is not to be construed as an endorsement of their activities. Comments on an earlier version of this article received from Carlos A. Primo Braga, Harnik Deol, John H. Dunning, Torbjorn Fredriksson, Tim Kelly, Padma Mallampally, Anne Miroux, Michael Mortimore, Nicole Moussa, Jean-Francois Outreville, Karl P. Sauvant, Elisabeth Tuerk, Lee Tuthill and Zbigniew Zimny are acknowledged. All the remaining errors are the responsibility of the author. A one-page summary of this study has been published in United Nations Conference on Trade and Development,
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