The Economic North–South Divide goes on to explore the structural roots of the debt crisis and considers the impact of debt management on North–South economic relations, exposing certain double standards that tilt global markets further against the South.

Contents: Preface 1. Six Decades of Economic and Social Development Policies 2. Beyond Terms of Trade: Convergence, Divergence, and (Un)Creative Destruction 3. The Evolution of Development Thinking 4. The Neoliberal Tide of the ‘Washington Consensus’ 5. Aid to Development and the Bipolar World 6. ODA after the Cold War: Less Money at Tougher Conditions 7. Lomé: Reflecting North–South Relations since Colonial Times 8. Oil: Temporarily a Special Case 9. The Asian Tigers: What do they Prove? 10. The Debt Crisis: Historical Roots and ‘Debt Management’ During the 1980s 11. Too Little, Too Slowly: Dragging the Debt Problem into the Third Millennium 12. The WTO – Tilting Trade Rules Further Against the South 13. Textiles and Apparel: Double Standards of Adjustment and Transition 14. Towards a More Equal World Order Bibliography Index