Business Economics articles from January 1991

Business Economics archives from January 1991

On living and trading with Japan, United States commercial and macroeconomic policies. (The Adam Smith address by the author at the 32nd Annual Meeting of the National Association of Business Economists, September 23-27, 1990, coinciding with the 200 years death anniversary of economist Adam Smith) (transcript)
January 1, 1991... Japan is becoming Americans' prime nemesis. Trade war is replacing cold war. Free trade has never been U. S. policy. But after World War H we took the lead in subjecting national commercial policies to international rules and in negotiating...

Ensuring the quality of the labor force of the future. (author's presidential address during the 32nd Annual Meeting of the National Association of Business Economics, September 23-27, 1990) (transcript)
January 1, 1991... In order to provide qualified candidates for the jobs that will be available in the decade ahead, business expertise must be brought to the education business. College opportunities are provided to high school graduates that want them, but...

Japan's financial role in the 1990s. (presented by the author at the 32nd Annual Meeting of the National Association of Business Economists, September 23-27, 1990)(International Perspective)
January 1, 1991... Japan is experiencing the best economic performance among the major industrial countries. The effects of the Gulf Crisis on Japan may be less severe than in the 1970s. After considering near-term concerns, the author discusses longer-term...

Poland: economy in transition. (International Perspective)
January 1, 1991... After a review of the current position of the Polish economy and the basic reforms initiated by the Solidarity government, the author considers the policy issues involved and the steps to be taken for a transition from a socialist to a...

Policy decisions for a post-cold war economy. (United States economic policies in relations to the changes in Eastern Europe)
January 1, 1991... National security policy requires maintaining superiority while pursuing agreement with the Soviet Union. As defense outlays can be curtailed, the military force structure must be conformed to the reduced funding made available, defense...

Implications of higher oil prices for U.S. industry.
January 1, 1991... Iraq and Kuwait produced 8 percent of the world's oil supplies prior to the United Nations' embargo. A shooting war in the Persian Gulf could encompass countries producing a combined 26 percent of the world's oil. An input-output analysis found...

The increasing role of small firms in the high-technology sector: evidence from the 1980s.
January 1, 1991... This article documents the increasingly important role of small firms in high-technology industries during the 1976-86 decade. The causes of greater small firm influence are also occurring in big business: shorter product life cycles from the...

The debt explosion of the 1980s: problem and opportunity. (debt ratio in the United States)
January 1, 1991... From 1982 to 1988, debt in the U. S. economy exploded. The ratio of debt to GNP, which had been noted for its stability for decades, climbed to a spectacular peak. While part of the excess debt stemmed from the much-discussed cumulative Federal...

Economic forecasting in the private and public sectors.
January 1, 1991... The similarities and differences between public and private forecasting are highlighted in this article. The advantages and limitations of economic models and judgmental forecasts are reviewed, and a process that incorporates features of both...

The statistics corner. (innovations in statistics)
January 1, 1991... IN THIS WORLD of rapid economic and political transitions, a great deal of focus has been put on the command economies of the Russian republics and the Central European countries and their effective withdraw from Comecon. Yet one very large...

Satellite accounts in a modernized and extended system of economic accounts.
January 1, 1991... Reflecting growing interest in moving the U. S. economic accounts toward the United Nations System of National Accounts (SNA), the working group on improving economic statistics headed by the chairman of the President's Council of Economic...

The Age of Diminished Expectations: U.S. Economic Policy in the 1990's.
January 1, 1991... PAUL KRUGMAN has written a brilliant gem of a briefing book on economic policy issues for the 1990s that business economists of all persuasions can recommend to their company's CEO, other top management, and anyone else desiring to be...

The Road to a Free Economy.
January 1, 1991... THIS BOOK made its first appearance in 1989 intended for a home audience. Its title was A Passionate Pamphlet in the Cause of Economic Transition in Hungary. But Kornai - who is a member of both the Hungarian Academy of Sciences and the...