Abstract
The Third World Foundation for Social and Economic Studies instituted the Third World Prize in October, 1979. The Prize, which is awarded annually, is$ 100, 000and a Medallion. The first Selection Committee (1980-82) is Shridath S. Ramphal (Chairman), Robert KA Gardiner, Enrique VInglesias, BKNehru andAzimHusain. The Prize is conferredon individuals or institutions, regardless ofrace, nationality, creed or sex, for outstanding contribution to Third World development, particularly in the economic, social, political or scientificfields. The Selection Committee invited nominations from a large number of individuals and institutions. The nominations received coverednearly allfields ofactivity, political, social, economicandscientific. The prize will be presented in February 1982 when President Nyerere will deliver the annual Third World Lecture. Azim Husain 19 November 1981 Member-Secretary
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