ABSTRACT
Meade's paper was submitted and circulated to the members of the first United Nations Conference on Trade and Development (UNCTAD) held in Geneva 23 March-15 June 1964, and was subsequently published in Lloyds Bank Review, no. 73 (July 1964), pp. 28-42, as well as in the Proceedings of the Conference (Volume III: Commodity Trade, New York: United Nations, 1964, pp. 451-7) and (in its first version) in World Agriculture, vol. 13 (Apri/1964), pp. 20-26.
