Search

A review of economic conditions in Tasmania, Australia is presented. The Labor government, which was elected in Sep 1998, has still not revived the economy which has a higher unemployment rate and lower average weekly wage than in mainland Australia.

A review of the US economy for 2000 is presented. The market will continue to grow particularly if the Federal Reserve decides to increase interest rates only once more in 2000. Productivity continues to grow rapidly whilst the economy generally slows.

A review of the Australian economy is presented. Unemployment for adult workers is at 6.7% in 1999 compared to over 11% in 1991 and the Gross Domestic Product has risen from 0.34% in 1991 to 4.3% in 1999. Statistics for the gross domestic product by industry are included.

A number of approaches have been used to describe the evolution of accounting. However, very little is known regarding the relationship between accounting and economic histories. This article attempts to link the history of accounting with economics and economic history by reviewing the book entitled, Studies in Accounting History: Tradition and Innovation for the Twenty-First Century, and by examining the evolution of accounting from an economic perspective. Co-editors Tsuji and Garner compiled 13 selected paper to demonstrate the range of historical accounting topics, accounting theory and practice, as well as the relevance of accounting history to key aspects of economic history. The collection presents the evolutionary environmental factors that have influenced the development of accounting theory and practice. These factors are forms of business, users of financial information and their needs, the accounting profession, and various international influences including culture, politics, and economics., Introduction The history of accounting is fragmented into different patterns and frameworks. A variety of approaches has been used to describe the evolution of accounting in terms of the relevance [...]

It was said many years ago that the only constant in life is change. But it is a good bet that even Heracleitus, who first uttered that famous phrase, would [...]

IT'S A BRAVE NEW ECONOMIC WORLD. OR perhaps worlds would be a more apt word to use, given that American industry is rapidly fragmenting into three distinct economies: the Networked, [...]

The book entitled 'How the West Grew Rich' by Nathan Rosenberg and L.E. Birdzell discusses two important points. The authors attempt to rationalize the beginnings of economic growth in the Western world and explain the circumstances that led to the continuation of this growth for many centuries and the relative absence of stagnation and decline during the period covered. Their arguments point to the critical relationship between the economic and political worlds and the importance of trade and technological innovations.

In recent years, some changes in economic behavior and institutions are fundamental enough to be called revolutions. Five of these are discussed briefly. They are the increasing financial disintermediation in France, the U.K., and the U.S.; the rise of global firms; the increasing need for international economic regulation; diminishing brand loyalty on the part of consumers, especially in food items; and the growing tendency to admit labor representatives to managerial functions. These changes are described briefly in each case and some of their implications for economics are suggested. Questions about the implications are raised. (JEL A00), We live in an age of revolutions. Any industry, indeed any field of human endeavor that hasn't undergone a revolution, is simply unfashionable. To make this point by example, let [...]

20 YEARS OF FUTURES When Todd Lofton and Leon Rose published the premiere issue of Commodities magazine in February/March 1972 (see next page), the United States was still fighting a [...]

The cyclical response patterns of major financial and macroeconomic aggregates to money shocks in the US economy is estimated. The data set is limited to the 1953-1956 period. The nature [...]

It was early September 1989, and executives of A&S, a leading department store chain with about 15 stores in the metropolitan New York area, were putting the finishing touches on [...]

The International Economic Outlook in 1991 Two major developments, dominate the outlook for the world economy in 1991 - the slowing of economic growth in the United States and in [...]

U.S.-ASEAN Dialogue in Bangkok Will Review Economic Issues U.S. and ASEAN Government officials will review economic issues between the United States and ASEAN countries at the ninth ASEAN-U.S. Dialogue in [...]

Managers can never be sure about the future of the economy, but they can get some idea of business conditions by following industry trends. Two of the issues facing businesses are the recession and international competition. Businesses can improve their chances of success by reducing costs, becoming more efficient and hiring productive workers. Managers should conduct a self-evaluation to determine their strengths and weaknesses., If the economists cannot agree on the state of thin in the work lace, how can the people who make the wheels turn be sure of what the future may [...]

NEWTON, MASS. -- Distributors continued to deal with the country's economic slump in September, reducing headcounts and taking other drastic measures to cut costs. The steps came amid news about [...]

About a year ago, we wrote a piece called, 'Where do we go from here?' (December 2000, p. 14) In that article, we indicated that, 'economic growth rates are moderating,' [...]

Until the Sept. 11 terrorist attack on the United States, the outlook for small businesses was improving, according to the NFIB Education Foundation's monthly economic survey. The Small Business Optimism [...]

Top global companies focus on innovation, new markets and new products High-performing companies focus more attention on their people -- who deliver the new economy success factors of superior customer [...]

Among the more amazing elements of the amazing U.S. economic landscape of the latter 1990s was the transition from federal budget deficits as far back as memory can recall to [...]

The current state of economic science has been formed by many trends from the past including: geographic convergence; crosscurrents, in which economic schools have intersected to develop new theories; and the Keynesian revolution. Today, although there are a variety of schools of economic thought, the science is marked by a high level of consensus and agreement among economists on such issues as flexible exchange rates and resource allocation. The future of the science of economics is difficult to predict but forecasts point to the growing importance of economics in relation to politics and law; the increasing conservative viewpoints of most schools of economics; and the continued importance of mathematics in economics.

Alfred D. Chandler, Isidor Straus Professor of Business History at Harvard, is considered to be the foremost authority on the development of the modern corporation and is currently working on a comparative history of corporate institutions in America, Great Britain, and Germany. In this interview he discusses the value of studying business history, the roots of the modern corporation, the turning point in the development of conglomerations, the responsibilities of corporate managers and their essential role within a company.

Nottingham, East Midlands, England, is likely to be affected by the general economic slowdown in the UK economy but it will benefit from lower prices for company purchasers and therefore improve the private investment market. The gross domestic product for the region is predicted to have risen from 18 billion pounds sterling in 1971, to 36 billion pounds sterling in 1998. The East Midlands is an important area for management buy-ins and buyouts. ECI moved into Nottingham to take advantage of business opportunities in the region and to utilize local expertise.