The pitfalls of futurology
Article Abstract:
Purchasing power parity is one way of assessing echange rates, and it may be valid over the longer term, but tends not to be helpful over the short term. Macroeconomic factors do not appear to explain exchange rate volatility, so economic models tend not to perform well in forecasting exchange rate trends. Relationships between economic variables tend to revert to averages, and they have to be forecast simultaneously in order for exchange rates to be forecast, though such forecasts tend not to have statistical significance for periods under six months.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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If the yen falls
Article Abstract:
There is a danger of a possible collapse of the Japanese yen, according to Nomura's Nick Knight. Governments have little control over the value of currencies if fundamentals point otherwise. Capital is likely to leave Japan due to economic distress and the need to boost returns to fund pensions in the future. A rise in the value of the US dollar could affect earnings, but a reduction in interest rates could help stocks. The impact of a lower yen on Japanese stocks is not clear, but a falling yen would damage other Asian economies.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Communication: relocating is no easy matter, and mistakes can be costly. Communication is the simplest way to avoid the pitfalls
Article Abstract:
Communication is central to business re-engineering and right communication is important to relocations, including consideration of employees' journey to work. The majority of business parks lack retail space and therefore cannot support catering and banking facilities, and also there is a lack of public transport links, so out of town parks are dominated by car use. Envioronment considerations mean that the government will not help out of town developers with their transport problems.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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