Factors Affecting Hungary’s Economic Relations with the Third World up to 2000*

The aim of this article is to define the main elements of those external economic conditions which affect, directly or indirectly, the long-term cooperation between Hungary and the developing countries and to spell out the direction and intensity of their effects. ¹ In our opinion this long-term evolution is affected by three basic “environmental elements”: (1) the quantitative, dynamic, equilibrium, structural, and organizational-institutional features of the present economic relations of Hungary and the developing countries; (2) the international economic environment and, within it, intra-CMEA cooperation, the expected evolution of world trade and of the developing countries’ economies and of progress toward a new international economic order, which together constitute the system of objective external conditions of the relations of Hungary and the developing countries; (3) the internal evolution of the Hungarian economy.