%0 Journal Article %T Problems of Social and Economic Development Facing Third World Countries %A Patterson %A P.J. %J College Forum %D 1984 %I %X The developed Western countries with their free market economy; the Socialist countries of Eastern Europe with their economies that are highly planned and subject to both public ownership and control; the developing countries of the Third World with oscillating differences in their political systems and economic structures yet linked through a common history of conquest and exploitation by colonial powers, are all bedevilled by the problems of organizing their own economies in a manner which would maximize the interest and social welfare of those they purport to serve. %K Development %K Third World %K Economics %K Caribbean %U http://journals.sfu.ca/cob/index.php/files/article/view/77/49