Theory and history behind business cycles: are the 1990s the onset of a golden age?

Article Abstract:

World economies have been affected by a number of changes such as globalization of finance, trade and production, urbanization, and the growth of the service sector. There has been a moderation in US business cycles following setbacks in the late 1970s and ear;y 1980s. Long economic expansions bring a number of benefits and also foster imbalances that cannot easily be sustained. Underconsumption and deflation can follow booms led by investment. Asian economies have been hit by problems. The US economy is different from Asian economies in some ways, but not in all ways.

Analysis, Macroeconomics

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Gender and the restructuring of high-tech multinational corporations: new twists to an old story

Article Abstract:

A study was conducted to evaluate corporate strategic responses to technology innovations and new economic pressures and the Scottish subsidiary's role in global adjustment. The study is based on an interview survey of US- and Japan-based microelectronics multinational firms in Scotland. Results feature atypical substitution of women by men in the work force and presents evidence defining social and economic relations which generated the work force transformation.

International business enterprises, Multinational corporations, Technological innovations, Sex distribution (Demography)

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Harrod's dynamics and the theory of growth: the story of a mistaken attribution

Article Abstract:

An analysis of Roy Harrod's approach to economic dynamics is presented. Particular attention is given to comparisons between reductive interpretations of Harrod's work and the author's original argument. Harrod's non-linear approach to economic dynamics is emphasized.

Economic development, Criticism and interpretation, Harrod, Roy

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