Next Steps in International Economic Co-operation

Abstract

By any reckoning the past few years have been very difficult ones for the international economy. The substantial achievement of rapid growth with high rates of employment in the 1950s, 1960s and early 1970s has given way to low growth and high unemployment in the industrialised world. Among the developing countries, growth has slackened almost everywhere, most notably in Africa and Latin America. Even the oil-rich countries have lost their élan; and the socialist world has nothing better to show for its shifting ideology.

London School of Economics Society Special Lecture, delivered at the LSE on 16 May 1985 (published in International Relations, vol. VIII, November 1985, published by the David Davies Memorial Institute of International Studies).