SIMON TEITEL is an international economic consultant having worked for the World Bank, United Nations and other organizations. He was previously Senior Research Advisor at the Inter-American Development Bank. He is the author of nine other books, including Resources, Industrialization and Exports in Latin America, Technology and Enterprise Development: Ghana Under Structural Adjustment, Industrial and Technological Development, Towards a New Development Strategy for Latin America and Trade, Stability, Technology and Equity in Latin America and some fifty articles on economic development, international trade and science and technology.