ABSTRACT

Most Southern economies are highly dependent on trade with the North. Export earnings constitute a large share of their GNP, and imported goods are crucial to their development. Yet many developing countries believe that the international market has not promoted their development and that they have been excluded from the trade management system established by the North. Since World War II, the developing countries have pursued three distinct but not necessarily exclusive strategies to achieve their goals of development and independence: (1) delinking from the international trading system, (2) seeking to force changes in the system, and (3) integrating into the prevailing regime. 1