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Business Economics articles from July 1995
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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Business Economics archives from July 1995
Europe at a crossroad: an overview.
July 1, 1995... The integration movement of the nations of Western Europe after World War II was slowed by economic, political and cultural differences as well as the weakening of the world leadership of the United States, the emergence of Japan as an economic...
Prospects for the European financial system.
July 1, 1995... European policymakers are seeking to mold the European financial system by pursuing the goal of a single currency and a single European central bank. Recent economic and political developments, however, have made the goal of monetary union appear...
The European Union and the outlook for trade.
July 1, 1995... The european economy today is in large part the indirect product of the program to create a single market in the European Community by the end of 1992. The 1992 program, which was conceived in the mid-1980s and began in 1987, was stimulated by...
Central Europe and the Former Soviet Union: a survey.
July 1, 1995... Five years after the collapse of state socialism in Central and Eastern Europe and the consequent dissolution of the Soviet Union, democracy and free enterprise are spreading sporadically throughout the region. More than a third of economic...
The outlook for the German economy.
July 1, 1995... During late 1994 and early 1995, most of the leading research institutions forecasted a stable economic upswing with low inflation. Since then, the drastic changes in exchange rates have prompted concerns in the financial markets, especially for...
A perspective for U.S. business in an integrated Europe.
July 1, 1995... The European Union has made substantial progress in its efforts to establish a "single market" of fifteen countries. The so-called EC 1992 program, designed to remove the remaining barriers to the free movement of goods, services, capital and...
The Mexican peso crisis: impact on NAFTA and emerging markets.
July 1, 1995... IN 1982, a drop in oil prices, then Mexico's main export, accompanied by a rise in U.S. interest rates, led to Mexico's declaration that it no longer could service its foreign debt. This announcement marked the beginning of the debt crisis of...
Updating managerial economics.
July 1, 1995... The traditional Theory of the Firm taught Managerial Economics courses has a relevance problem today to the extent that it overemphasizes the optimization of quantity, price, costs and profits in a single time period for a single kind of "widget"...
Failed bank acquisitions and lending activity.
July 1, 1995... The dramatic number of bank failures during the 1980s were resolved by the FDIC primarily through purchase and assumptions agreements. This resolution method requires the acquiring bank to have sufficient capital to take over the failed bank's...
The business economist at work: the Economics Department at Fannie Mae. (Federal National Mortgage Association)
July 1, 1995... The basic functions of the Department can be narrowed to three main areas: forecasting and current conditions analysis, policy analysis, and public dissemination of our views on the economy and housing and mortgage finance markets (or, more...
Industry corner: major household appliances in Western Europe. (includes related article)
July 1, 1995... While the demand for home appliances in Western Europe is projected to rise from 56 million units in 1992 to 63 million units in 2002, the share of the region in global demand will shrink from 29 percent to 23 percent during this period The...
The PC corner: PC users' survey results.
July 1, 1995... THE RESULTS of the PC computer hardware/ software survey are in and they are interesting indeed. I will discuss the detailed survey results in a minute, but it might be interesting to describe the hypothetical "average" user's hardware and...
Fix the U.S. Budget! Urgings of an "Abominable No-Man."
July 1, 1995... JAMES MILLER chaired the Federal Trade Commission when nominated to become the director of Office of Management and Budget, taking over from David Stockman in the fall of 1985. Miller's book is never disrespectful, unprofessional or divisive, yet...