Suchergebnisse

THIS PAPER INCORPORATES RATIONAL EXPECTATIONS, FULL PRICE FLEXIBILITY, AND CURRENCY SUBSTITUTION INTO THE USUAL SMALL-ECONOMY MODEL, TAKING EXPLICIT ACCOUNT OF INFLATION ABROAD. NOT ONLY WILL THE STEADY-STATE TERMS OF TRADE BE AFFECTED BY AN INCREASE IN THE RATE OF MONETARY EXPANSION WHEN THE INFLATION RATE ABROAD IS ASSUMED TO BE NONZERO, BUT ITS DYNAMIC PATH MAY ALSO BE DIFFERENT FROM THE USUAL CASE IN WHICH INFLATION ABROAD IS IGNORED. IT HAS BEEN SHOWN THAT IF THE IMPORT DEMANDS ARE RELATIVELY INELASTIC, THE TERMS OF TRADE WILL UNDERSHOOT THEIR EQUILIBRIUM VALUE; IF THE IMPORT DEMANDS ARE ELASTIC, THE TERMS OF TRADE WILL OVERSHOOT. THE KEY TO THESE DIAMETRICALLY OPPOSITE RESULTS IS THE DEGREE OF ULTIMATE DETERIORATION IN IN THE TERMS OF TRADE, WHICH, IN TURN, TURN ON THE SIZE OF THE TWO IMPORT DEMAND ELASTICITICS.

Although in recent years organized labour has attracted considerable academic attention, virtually nothing has been written about trade unionism in the Gambia. This is despite the fact that the first Gambian trade union was founded as long ago as 1929 and trade unions since that time have played on enduring, if intermittent, part in the affairs of the nation. This account, by tracing the growth of trade unionism from its origins in the colonial era to the present, aims to provide a comprehensive view of the Gambian labour movement. Brief review of Gambian politics between 1920 and 1988. (DÜI-Sen)

Problems in development policy & research are examined from a macro perspective (world economy & overall policy orientations) & a micro viewpoint (a society's innovation or transformation potential, & a country's coherent national economy). The development history of Western Europe is characterized by political conflict & competition, & it is posited that the development problematic is manifested not only at the economic level for developing countries catching up to developed ones, but at the political level as well. The success of development policy then depends on political understanding between the two societies. 17 References. M. Malas

Trotz der neuen sowjetischen Asienpolitik seit 1986 hat sich die Politik gegenüber Japan zunächst nicht verändert. Erst in jüngster Zeit mehren sich die Anzeichen für eine gewisse Flexibilität und Stiländerung, doch ist ein inhaltlicher Durchbruch in der entscheidenden Territorialfrage (Kurilen) in absehbarer Zeit nicht zu erwarten. Die hemmenden politischen Faktoren seitens der UdSSR könnten durch gegenläufige wirtschaftliche Interessen relativiert werden. Japan seinerseits befindet sich zwar in keiner starken Position, doch braucht es im Streben nach guten Beziehungen auch keine Hast an den Tag zu legen. (SWP-Whr)