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The views expressed in this paper are those of the authors and do not necessarily represent those of the Overseas Development Council, its directors, officers, or staff.foreword Over the past decade there has been a growing awareness that the long-term prospects of the industrial economies will depend to an increasing extent on developments in the countries of the third world.Recognition of this reality first arose in the early 1970s when shifts in petroleum markets, combined with crop failures in South Asia and sub-Saharan Africa, gave the economies of the industrial North a serious jolt.The growing participation of the developing countries in the international financial system and the continuing recession in the North led many observers-most notably the members of the Brandt Commission-to conclude that in the future the industrial countries will not prosper without growth and progress in the developing world of the South.The interests of the United States pose a special case for analysis.The United States is the one industrial country with wide security interests in all areas of the developing world.At the same time its economy has been, until recently, relatively self-sufficient-especially when contrasted with a country such as Japan.Moreover, the separation of powers within the U.S. government gives the legislature an independence from the executive branch that is unique in the industrial world.A longer version of this paper has been contributed by the authors to a special project that has sought to assess the interests of the industrial countries in the development of the Third World.The project was sponsored jointly by the Overseas Development Council, the Overseas Development Institute in London, and the Institute of Development Studies at the University of Sussex.A series of papers assessing the interests of the United States and the other industrial countries was designed to answer a common set of questions concerning the economic, social, political, and military interests of specific industrial countries in the development of the third world.The resulting volume presents views on these issues from the "Western" industrial countries-the United States, Canada, Japan, Australia, Great Britain, the Federal Republic of Germany, the Netherlands, the Scandanavian countries, and France-along with a summary chapter based on discussions at two meetings held at the Institute of Development Studies.Rich Country Interests and Third World Development will be published in
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