Oil stands alone among primary commodities in its potential for sending economic shock waves across the world. The value of oil production is one and a half times the world's total production of food grains; demand is unresponsive to price in the short run; and the world's oil resources are heavily concentrated in the Middle East, where political disturbances have been chronic and oil supply is subject to sudden interruption. Together, these factors have made oil a virtual rogue elephant in the world economy since 1973. This book discusses the oil shocks of 1973-74, 1979-80, and the "minishock" of 1990-91, and examines the possibility of oil shocks over the next twenty years. The authors assess the world market outlook on the basis of underlying trends on world oil supply and demand. They take into account prospects for investment in oil production in the Persian Gulf states, the former Soviet republics, and Latin America; environmental factors and policies; and political uncertainties in the Middle East.
This paper argues that growth in modern economies is inherently unbalanced because labour productivity grows at different rates in the different occupation sectors. It examines the relative shift within industries towards knowledge-based occupations. It also demonstrates that higher education does not imply higher individual earnings for those employed in the goods and personal services sector, but post-secondary education is strongly rewarded within the information economy. Finally, it discusses the educational policy, research and development and international trade issues raised by the pattern of unbalanced growth characteristic of the information economy.
Hunter’s Tropical Medicine and Emerging Infectious Disease is your comprehensive, go-to resource on the health conditions that arise in the tropics! From infectious diseases through environmental issues, poisoning and toxicology, animal injuries, and nutritional and micronutrient deficiencies, this medical reference book provides you with all the guidance you need to diagnose and manage even the most exotic health concerns. Stay at the forefront of this ever-changing field with Hunter’s Tropical Medicine and Emerging Infectious Disease! Consult this title on your favorite e-reader, conduct rapid searches, and adjust font sizes for optimal readability. Understand the common characteristics and methods of transmission for each disease, and learn all the applicable diagnosis, treatment, control, and prevention techniques. Get the information you need in the most organized way with infectious agents arranged by syndromes, as they typically present. Stay abreast of the latest maladies seen in returning travelers through useful chapters on delusional parasitosis, international adoptions, transplant patients, medical tourism, and more. Access the most up-to-date information on emerging and re-emerging diseases (such as H1N1), and see how progression occurs through all-new illustrative life cycles. Hone your techniques with a new skills-based section which includes dentistry, neonatal pediatrics and ICMI, and surgery in the tropics, and a service-based section covering transfusion in resource-poor settings, microbiology, and imaging. Learn everything you need to know about infrequently encountered tropical drugs and their practical application in the clinical setting.
Japan is the great economic success story of the postwar period, growing at unprecedented rates to become one of the world's most advanced industrial nations. But since the early 1970s, Asia's economic giant has had to contend with many of the problems encountered by Western economies--slower growth, increased unemployment, rapid changes in the financial and industrial sectors--problems that have permanently transformed its economy and pose crucial challenges for its leaders. In this book, Edward J. Lincoln discusses Japan's burst of growth and the complex interplay of demographic, cultural, economic, and political forces that shaped the subsequent emergence of large domestic imbalances. The motivation and impact of Tokyo's successive attempts to deal with slower growth receive special attention: ballooning government deficits that supported domestic growth in the late 1970s, a determined switch to austerity measures in the 1980s as a surging current-account surplus conveniently buoyed the economy, and as yet uncertain responses to the recent appreciation of the yen that has capped the external surpluses. Lincoln focuses on the changes experienced by Japan's financial institutions and their implications for international economic transactions. Slower growth and altered monetary flows have brought increasing domestic and international pressures for deregulating financial institutions, and the government has responded cautiously. The study analyzes the resulting tensions and crosscurrents within Japan and the strains that have developed in relations with the United States. It concludes with a lucid presentation of Japan's options for stimulating domestic demand through reducing private-sector savings, increasing investment, and raising government spending, as well as appropriate U.S. policies to promote these outcomes. Whatever policy decisions Japan makes in the next few years will be shaped by the economic forces and institutional framework Linco
This work fills the need for a strategic management text that gives full attention to sustainability and environmental protection. It includes chapter-by-chapter case studies of two organizations that exemplify many of the principles of environmentally sound management practices.
This book offers insights into the process and the practice of local economic development. Bridging the gap between theory and practice it demonstrates the relevance of theory to inform local strategic planning in the context of widespread disparities in regional economic performance. The book summarizes the core theories of economic development, applies each of these to professional practice, and provides detailed commentary on them. This updated second edition includes more recent contributions - regional innovation, agglomeration and dynamic theories – and presents the major ideas that inform economic development strategic planning, particularly in the United States and Canada. The text offers theoretical insights that help explain why some regions thrive while others languish and why metropolitan economies often rise and fall over time. Without theory, economic developers can only do what is politically feasible. This text, however, provides them with a logical tool for thinking about development and establishing an independent basis from which to build the local consensus needed for evidence-based action undertaken in the public interest. Offering valuable perspectives on both the process and the practice of local and regional economic development, this book will be useful for both current and future economic developers to think more profoundly and confidently about their local economy.
This significant text examines the factors, both internal and external to the World Bank that have influenced its urban development agenda, and is essential reading for those involved in the areas of urban and development studies.
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