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Professional journal of the National Association of Business Economists covering topics such as macro and microeconomics, monetary and fiscal policy, business forecasting, international economics, and deregulation.
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Pacific Basin: restoring U.S. economic leadership. (The Economy of the Pacific Basin)
April 1, 1994... The average 8 percent real growth of the Pacific Basin's developing economies continues unabated into 1994, notwithstanding continued recession in Japan and western industrial nations. China, currently sustaining a 13 percent growth rate, remains...
Changing patterns of trade in goods and services in the Pacific region: market-driven economic integration. (The Economy of the Pacific Basin)
April 1, 1994... International trade expansion has been a prominent aspect of economic growth and development of East Asia and the Pacific Rim. Trade expansion has been accompanied by increasing cross-border flows of investment. The expanded role of foreign...
Financial flows to the major emerging markets in Asia. (The Economy of the Pacific Basin)
April 1, 1994... The surge in capital flows between the major emerging markets of Asia and the rest of the world complements their rapid and ongoing economic and financial development. Structural reforms opening domestic capital markets further and relaxing...
The rise of China's economy. (The Economy of the Pacific Basin)
April 1, 1994... China's economic success, in contrast to that of the Soviet Union, is due to profoundly different economic and political strategies. China has emphasized areas where limited government investments would produce rapid growth and job generation....
Challenges to American competitiveness: a Japanese perspective. (The Economy of the Pacific Basin)
April 1, 1994... THE COUNTRIES of the Asia-Pacific region, especially Japan, are notorious for the presence of structural barriers. Some of these perceptions are based on biased viewpoints, but many are not. If barriers are defined as any structure that...
Is the current business cycle different? Does how we measure matter?
April 1, 1994... MUCH HAS BEEN MADE of the "unusual" nature of the 1990-91 recession and the current expansion, e.g., the shallowness of the dip in real output and the low growth rate following the trough.(1) How do the recession and recovery compare with others...
Ockam's Razor, economics and business client.
April 1, 1994... A principal of science called Ockam's Razor holds that competing theories related to a single proposition should be judged on the basis of both their relative usefulness and their relative simplicity. While simplicity and usefulness are the basis...
The business economist at work: an unemployment insurance actuary.
April 1, 1994... SINCE BECOMING responsible for a national Unemployment Insurance (UI) revenue forecasting model in September 1992, I have been involved in shaping a new attitude and perspective toward UI.
As an actuary, I use economic analysis and econometric...
Industry corner: the world of wireless communication.
April 1, 1994... WHY SHOULD YOU as a business economist care about the world of wireless communication? There are several good reasons. First, by having the equipment and service, you become accessible to parties wanting to reach you. Therefore you must decide...
The statistics corner: national income accounting guidelines.
April 1, 1994... IN LATE JANUARY an important document for business economists was jointly published by five major international organizations. The publication has a simple title, System of National Accounts -- 1993, but it is expected to have a profound impact...
The PC corner: some thoughts on my tenth anniversary with Macintosh. (personal computer)
April 1, 1994... Bill Brown is my guest columnist this quarter, writing about his tenth anniversary with Macintosh. It is hard to believe that it has been ten years since the Mac was introduced -- it was an instant hit, particularly with those who were looking...
Post-Capitalist Society.
April 1, 1994... MANAGEMENT GURU Peter Drucker's lifetime of observing corporations plus his opinions on a wide range of topics are combined in this book about "the big picture." He has a global vision of society and where it is headed. According to the author,...