Social and Behavioral Sciences Commons^™

Issues On Macro-Economic Management In Nigeria., Gianni Zanini

Bullion

This paper examines the main source of inflationary pressures, and established the source of destabilization of the exchange and interest rates as the Budget deficit which has been increasing at an unsustainable pace since 1990. It also ascertain that stabilizing the economy will require a significant and sustained budget surplus with no additional domestic bank borrowing. It states that economy stabilization will also require a liberalization of foreign exchange and credit markets.

Access To Capital And Technical Assistance, Richard J. Ward

New England Journal of Public Policy

This article summarizes and analyzes the views of select leaders in business, labor, banking, the government, and academia with regard to the constraints, obstacles, and recommendations to achieve economic growth in Massachusetts. The role of the state government in addressing these issues receives special attention. Access to capital and technical assistance had been regarded by many as the key constraint, particularly during the recession of the early 1990s. The author analyzes inconvenient government systems, bottlenecks, and bureaucracy as throttling the flow of capital to small-business entrepreneurs. The analysis concludes, however, that unless the state cum federal government finds ways to …

Improving Education And Training For Economic Development, Joan Mcrae Stoia

New England Journal of Public Policy

This article explores the connections between workforce quality and economic prosperity, as well as the role of the Massachusetts education and training system, in developing and preserving that quality and supporting the state's key industries. It includes a review of the most recent employment trend and projection data available from the Massachusetts Department of Employment and Training, information about several business-based workplace education models, and a discussion of the specific education and training needs of workers across the age/skill continuum. For the purpose of this discussion, the education and training system are broadly defined to include existing public, private, and …

Africa's Debt Burden In Historical Perspective, M. O. Ojo

Economic and Financial Review

The purpose of the paper is to outline the profile of Africa's debt burden since the early 1980s. The paper reviews the economic performance of African countries, trends in their external debt stock and structure as well as their debt burden measured by the conventional debt ratios. It also undertakes a review of the causes of increased debt burden of African countries. The major findings are that deteriorating economic performance in Africa since the early 1980s was accompanied by increased external debt burden fcatu1·ing lower export earnings, reduced income growth and mounting (paid and unpaid) external debt obligations. Some of …

Factors Affecting The Supply Of Paper In Nigeria, A. P. Awoseyila, K. M. Obitayo

Economic and Financial Review

This study reviews the developments in the paper industry with special focus on the supply and factors affecting the supply of paper in Nigeria. The study appreciates the strategic role of paper on socio-economic activities and is concerned with the downward trend in the supply of paper to the market. The data show the low capacity utilization and heavy revenue losses sustained over the years by the local pulp paper mills as well as the declines in the import supply of paper due to the scarcity of foreign exchange. The study attributes the factors constraining the supply of paper to …

Financing State Government Projects Through The Capital Market: Problems And Prospects, B. S. Adebusuyi

Economic and Financial Review

The paper discuses the problems and prospects of raising funds from the capital market to finance state government projects. The need for viable alternatives to finance government projeds had not only been a topical issue but one that had engaged the attention of policy makers. This has arisen because conventional sources of government project financing have been proving increasingly inadequate. From a short review of available options for financing government projects such as statutory allocations, internally generated revenue, bank and non-bank domestic borrowings, donations and taxation, the paper discusses the relative advantages of capital market financing of government projects, principal …

Foreign Private Investment In Nigeria - 1992, Central Bank Of Nigeria Cbn

Economic and Financial Review

The net flow of foreign private investment into the Nigerian economy in 1992 witnessed a substantial increase over the preceding year's level of 141,808.0 million to t48,264.2 million. The phenomenal jump was attributable to the renewed confidence in the economy by foreign investors. Gains from the current economy restructuring of the economy and the movement towards democratic government during the year were believed to be taking firm hold. Traditional investment flow components such as unremitted profits and changes in foreign share capital, which used to account for the substantial net inflows, dropped in 1992 from the previous year's levels. Trade …

Hindsight, Organizational Routines And Media Risk Coverage, Robert A. Stallings

RISK: Health, Safety & Environment (1990-2002)

Professor Stallings describes how journalists explain catastrophes by coupling them with flaws in human organizations.

Overview Of Federal Technology Transfer, Lawrence Rudolph

RISK: Health, Safety & Environment (1990-2002)

Mr. Rudolph reviews approximately thirteen years of legal and political developments that have contributed to laws governing the extent to which private firms may secure rights in technology at least partly developed with federal funds.

Central Bank Of Nigeria Monetary, Credit, Foreign Trade And Exchange Policy Guidelines For 1994 Fiscal Year: Monetary Policy Circular No. 28., Central Bank Of Nigeria Central Bank Of Nigeria

Bullion

This paper contains the outlines of the monetary, credit, foreign trade and exchange policy guidelines for banks and other financial institutions in Nigeria during fiscal 1994. The circular is structured into three sections and Appendix. Section one reviews developments in the economy and the policy environment in 1993 and thus provides the background to the policy measures for 1994. Section two details the monetary and credit policy measures and guidelines for banks and other financial institutions. The foreign trade and exchange policy measures for 1994 are highlighted in section three and list of prohibited import and export items is provided …

Patent & Trademark Depository Library Association Newsletter

Journal of the Patent and Trademark Resource Center Association

No abstract provided.

Technology Transfer: A View From The Trenches, Harvey Drucker

RISK: Health, Safety & Environment (1990-2002)

Dr. Drucker, who has lab-wide responsibility for technology transfer at Argonne National Laboratory, argues that transferring rights in discoveries made through tax supported research to private entities can contribute to public welfare in many ways.

Tourism In The Egyptian Red Sea Area: A Responsible Development Approach, Lawrance Yu

Hospitality Review

Egypt has always been a world-renowned tourism destination of antiquity. A government policy of product diversification attempts to disperse tourists more evenly in the country. The Egyptian Red Sea coast is therefore targeted as a new tourism development zone. The author identifies the new development patterns in the Egyptian Red Sea area and discusses the potential tourism impact on the coastal environment. It is recommended that a responsible development approach be adopted for coastal and marine tourism in the Egyptian Red Sea area

Intra-Regional Tourism And Challenges Facing Hong Kong's Hotel Industry, J.S. Perry Hobson, Goldwyn Ko

Hospitality Review

Asia is experiencing a rapid growth in intra-Asian tourism, and is finding that the spending priorities of these new visitor markets is quite different from traditional markets. Not only have Hong Kong's markets changed, but the economic operational environment is becoming increasingly difficult as a result of the change in sovereignty in 1997, increasing land prices, and new regulations. The current structure of the hotel industry is out of balance with the demands of these new markets. Hong Kong now needs to consider some intervention in the hotel industry to further encourage the development of properties in this mid-market.

Standards For Tourism Management Success: U.S. National Park Managers, Robert M. O'Halloran, Christopher Siew Wong

Hospitality Review

National park managers are the subjects in the fifth segment of a study examining the skills and abilities needed to be successful tourism managers. The authors discuss these skills and their impact on successful tourism management.

Ethical Challenges Of The Industry: Are Graduates Prepared?, Matt A. Casado, Gary K. Vallen, William E. Miller

Hospitality Review

Hospitality graduates often enter their first jobs unaware of the difficult ethical dilemmas they will face. By having ethics teaching in a curriculum, the authors of this article believe that the perceptions of ethics of senior hospitality students at Northern Arizona University were comparable to those of operating industry managers.

Tourism Professionals Profile: Theme Park Managers, Robert M. O'Halloran, Christopher Siew L. Wong

Hospitality Review

Theme park managers are a unique group of tourism managers. Their perspectives on effective tourism management skills and abilities differ from some public sector tourism managers. The authors present the results of a study focusing on theme park managers and compare these results with those of other tourism manager groups

The Role Of Theme Parks In Tourism, Lou-Hon Sun, Muzaffer Uysal

Hospitality Review

Although the theme park has been a major tourism destination in the United States, little research has been done in this industry. The growing economic significance and competition of the theme park industry ensure that the study of theme parks will emerge as a more popular research topic in the years to come. The authors review related articles and identify potential research topics in the theme park industry.

Statutory Encouragement Of Investment And Economic Development In The Republic Of China On Taiwan, Neil L. Meyers

Maryland Series in Contemporary Asian Studies

No abstract provided.

Pricing Issues In Telecommunications, Robert W. Crandall

Maine Policy Review

Over the last quarter century, significant changes have occurred in telecommunications. The breakup of AT&T and a myriad of technological innovations have sounded the death knell for the theory of telecommunications as a natural monopoly, according to Robert W. Crandall of the Brookings Institute. In the following article, Dr. Crandall assesses a variety of pricing issues that must be addressed by regulators, telecommunications firms and consumers in an increasingly competitive telecommunications market.

Regulatory Updates: Maine Public Utilities Commission, Land Use Regulatory Commission, Ralph Townsend, Ruth Robinson

Maine Policy Review

No abstract provided.

Public Policy, Private Profits, Ralph Townsend

Maine Policy Review

No abstract provided.

Next Steps In Business Conversion: Supporting Innovation And Entrepreneurship, Eric R. Pages

Maine Policy Review

Defense conversion is a major issue confronting Maineand other states that are threatened with the loss of major military and civilian defense facilities. The closing of Loring Air Force Base this year has made real to most Mainecitizens the rapidly changing nature of the state’s defense infrastructure. As the anxiety increases about the future of remaining defense facilities, both the public and private sectors are working to develop meaningful conversion programs and policies. The latter was the focus of a statewide conference on defense conversion, "From Defense to Offense" held last June in Portland. This article by Eric R. Pages …

Defense Downsizing: The Economic Impacts In New England, Yolanda K. Kodrzycki

Maine Policy Review

Yoland R. Kodrzycki reviews the extent of New England’s dependency on defense and various measures of the severity of defense downsizing. The analysis is put in the broader context of the New England economy. Because the economy can provide opportunities or constraints, it is important to understand the general economic environment when designing a defense conversion strategy. This article is excerpted from the author’s remarks at a conference entitled “From Defense to Offense: Converting Maine’s Economy in a Time of Shrinking Military Expenditures,” which took place in Portland on June 13, 1994. The views expressed do not necessarily reflect official …

From Cold War To Microchips: Stepping From The Past Into Our Future, Malcolm Forbes Jr.

Maine Policy Review

Malcolm "Steve" Forbes Jr., editor-in-chief of FORBES Magazine, looks often to history to explain the present and to predict the future. In an address to the 21st annual Governor's Economic Development Conference at the University of Maine last fall, Forbes identified two important trends, one grounded in the past (the Cold War), and one symbolic of the rapid change experienced at present (the microchip), in suggesting that the economic future for Maine and the nation is only limited by our willingness to give in to our fears about what that future holds. This article is an edited version of Forbes’ …

Clearing The Air, Mike Carroll

Journal of the Department of Agriculture, Western Australia, Series 4

This edition of the Western Australian Journal of Agriculture contains an exchange of letters between 20 farmers and myself, prompted by the article by Ross Kingwell in the last issue of the Journal (Volume 34, No. 4, 1993).

The article was entitled 'Agriculture's Economic Performance', and dealt with some of the economic forces in agriculture, including the terms of trade, productivity growth and the growth of exports. However, it is evident from the following letter and from other comments that the worthwhile content of the article was negated by some unfortunate phrasing, and a too compressed treatment of a complex …