East-west assistance and PETs

Abstract

In Chapter 5, I examined the ongoing efforts by the DMEs to assist the PETs and came to the constatation that there is room for greater organization and streamlining of the entire assistance program. The main purpose of such resource transfers should be to maximize the benefits for PETs that could be derived from the limited resources available and minimize in the process any adverse repercussions on the trade and aid flows to other countries. Rather than recreate a Marshall Plan, as argued in Chapter 6, target assistance is required to buttress the incipient market orientation so that RPEs will in due course emerge and become genuinely self-supportive.