Dipak Basu is Professor of International Economics, Nagasaki University, Japan. He has been awarded a University Medal, National Scholarship and British Council Scholarship. He was previously Lecturer at Oxford University; Institute of Agricultural Economics; and Research Officer at Cambridge University at the Department of Applied Economics. He was also Senior Economist in Charge, Standard and Poor, Middle East and Africa Division, and Senior Economist, Ministry of Foreign Affairs, Saudi Arabia. He is currently Member of the Editorial Board for the International Journal of Decision Sciences, Risk and Management, and previously the editor of Middle East and Africa Review, 1986–88.Victoria Miroshnik is Associate Professor in Management, Tokyo International University, Japan. She was awarded the Adam Smith Research Fellowship from the University of Glasgow, UK and was previously Associate Professor in Management at Keimyung University, South Korea; American University Dubai; Ritsumeikan Asia-Pacific University, Japan; and a psychologist in the Military Academy of USSR in Tbilisi, Georgia.

• 1. World Issues 2. Issues in the Developed World 3. Issues in the Developing World

Dipak Basu is Professor of International Economics, Nagasaki University, Japan. He has been awarded a University Medal, National Scholarship and British Council Scholarship. He was previously Lecturer at Oxford University; Institute of Agricultural Economics; and Research Officer at Cambridge University at the Department of Applied Economics. He was also Senior Economist in Charge, Standard and Poor, Middle East and Africa Division, and Senior Economist, Ministry of Foreign Affairs, Saudi Arabia. He is currently Member of the Editorial Board for the International Journal of Decision Sciences, Risk and Management, and previously the editor of Middle East and Africa Review, 1986–88.Victoria Miroshnik is Associate Professor in Management, Tokyo International University, Japan. She was awarded the Adam Smith Research Fellowship from the University of Glasgow, UK and was previously Associate Professor in Management at Keimyung University, South Korea; American University Dubai; Ritsumeikan Asia-Pacific University, Japan; and a psychologist in the Military Academy of USSR in Tbilisi, Georgia.

• 1. World Issues 2. Issues in the Developed World 3. Issues in the Developing World