Abstract
It is often maintained, with reference to the increasing competition from newly industrialising countries, that Western support for the development of LDCs' economies would only amount to supplying the rope with which one will later be hanged. Our author argues that, contrary to that opinion, the coming into existence of NICs should be looked upon not as a threat, but as a chance for improvement of the international division of labour and for further growth.
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A summary of measures for structural adjustment is given by the Research Report of the Federal Ministry for Economic Cooperation, H. Körner, K. H. Grünewald, J. Plathotthathie: Industrielle Arbeitsteilung zwischen Industrie-und Entwicklungsländern und Strukturanpassung, Munich 1981.
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This article is a revisec and edited version of a paper presented to the Association of European Conjuncture Institutes in Athens, 2–3 May 1983.
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Kebschull, D. Economic relations with newly industrialising countries. Intereconomics 18, 286–293 (1983). https://doi.org/10.1007/BF02928232
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DOI: https://doi.org/10.1007/BF02928232