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This 1988 book examines the indirect instruments and the related institutions that help to coordinate key economic decisions within and among the economies belonging to the Council for Mutual Economic Assistance (CMEA). The chief purpose is two-fold: to assess thier adequacy in light of the forced economic adjustments of the early 1980s and to formulate feasible changes for both in order to avert a recurrence of such developmental obstacles. Jozef van Brabant argues that these instruments and institutions are inadequate. He proposes that a resumption of rapid growth depends largely upon bolstering factor productivity growth, which can only be achieved through positive structural changes and a root-and-branch reform of the individual and groupwide economic mechanisms.
July 1996 The authors argue that significant adjustment took place in Polish industry after Poland's 1990 reforms. They analyze data on two- and three-digit manufacturing industries, disaggregated by firm ownership and size. By applying a statistical model to labor productivity growth, they try to disentangle structural determinants of the recovery from cyclical determinants. They contend that structural determinants outweigh cyclical ones. They find that the productive response of state enterprises was markedly different from that of private firms--private firms outperformed state enterprises (just as anecdotal evidence suggested). Size also matters, at least among private firms. Generally, there seem to be increasing returns to scale for private firms, except for very large enterprises (many of which were previously state-owned and may need further restructuring). The fact that size does not appear to matter among public enterprises suggests that several of them have not yet adopted optimal technologies and production processes.
Structural change is a fundamental concept in economic model building. Statistics and econometrics provide the tools for identification of change, for estimating the onset of a change, for assessing its extent and relevance. Statistics and econometrics also have de veloped models that are suitable for picturing the data-generating process in the presence of structural change by assimilating the changes or due to the robustness to its presence. Important subjects in this context are forecasting methods. The need for such methods became obvious when, as a consequence of the oil price shock, the results of empirical analyses suddenly seemed to be much less reliable than before. Nowadays, economists agree that models with fixed structure that picture reality over longer periods are illusions. An example for less dramatic causes than the oil price shock with similarly profound effects is economic growth and its impacts on the economic system. Indeed, economic growth was a motivating concept for this volume. In 1983, the International Institute for Applied Systems Analysis (IIASA) in Laxen burg/ Austria initiated an ambitious project on "Economic Growth and Structural Change".
This volume brings together an international group of contributors to explore the impacts of structural economic change and technological progress on labor markets. The contributors goal is to present an in-depth comparative study of the ways in which different national economies have adjusted to structural changes like the shift to service-based economies and technological changes brought about by the increasing use of the computer in offices and on the production line. Examining the adjustment process from both a micro and macro perspective, the contributors analyze the flexibility potentials within the different institutional organizations of the labor market in the U.S., France, West Germany, Great Britain, and Sweden. The study begins with a comprehensive introduction written by the editors which discusses the problem of structural and technological change in economic, social, and political terms. Two subsequent chapters address the economic structures of post-industrial society and the differential characteristics of employment growth in service industries. The contributors then present individual analyses of the labor market situation in the five countries under study as well as two general studies of institutions regulating the labor market and flexibility within the labor market. Throughout, the contributors are concerned with key issues such as which systems seem to adapt best, how skill and educational needs may be met in the changing labor market, and the importance of flexibility in a system characterized by ongoing structural and technological change. Ideal as supplementary reading for advanced courses in labor economics and industrial organization, this volume offers important new insights into labor market flexibility in the face of significant and continuing change.
This conference proceedings analyses the social issues and policy challenges that arise from fisheries adjustment policies, and how OECD member countries are meeting those challenges.
The chapters in this edited collection, first published in 1990, examine the key aspects of change in the global economy at the end of the twentieth century and the role of national government policies in this. Drawing on material from a wide range of disciplines, including international trade, technology and economic history, the authors discuss the implications of these changes for the world’s leading capitalist economies. With an analysis of the prospects for the future, this relevant title will be of particular value to students of business studies and economics and those researching the global economy over the past thirty years.
Here is a comprehensive edited volume that outlines the historical roots and state-of-the-art debates on the role of structural change in the process of economic development, including both orthodox and heterodox perspectives and contributions from prominent scholars in this field.
In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Focusing on technological change, the impact of the reforms on the process of innovation is examined. It notes that the development process is proving to be highly heterogenous across industries, regions and firms and can be described as strongly inequitable. This differentiation that has emerged has implications for job creation, trade balance, and the role of small and medium sized firms. This ultimately suggests, amongst other things, the need for policies to better spread the use of new technologies.