Money makes the world go round

Article Abstract:

The worldwide property market is closely linked to the state of the global economy, according to B. Renaud. As the Organisation for Economic and Co-operation and Development countries experienced a recession during 1985-1994, housing markets at home and abroad were affected. The Japanese financial markets are particularly influential. The Nikkei index fell by 36.3% in 3 months in 1990 and resulted in Japanese land prices falling by over 50%. Other countries experienced a property boom as a result. Other examples of global influence are given.

Administration of General Economic Programs, Intnl Economic Policy, Management, Economic aspects, International economic relations, Organization for Economic Cooperation and Development, Renaud, B.

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Surveyors should tour the global village

Article Abstract:

Staff exchange programmes or secondments can play a valuable role in allowing property advisers to create a comprehensive, international advisory service. Working abroad benefits both the individual employee and the employer. Employees often find working abroad both interesting and challenging, and they gain experience of how to find innovative solutions to problems which are unlikely to arise in the UK. Working abroad makes it possible to learn a new language and visit many new places.

Analysis, Column, Employment abroad, Overseas employment

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South African prospects

Article Abstract:

With the declining interest in the UK property market from investors in Germany and the Far East, it is forecast that new funding will come from South Africa. The country's small number of powerful investors are waitimg for exchange controls to be relaxed, while the UK's political and monetary stability is an extra attraction. South African fund managers are hampered domestically by a lack of prime office stock and such institutions will be seeking to invest in larger markets.

Real property

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