“Creating jobs — meeting needs”

Centre for Local Economic Strategies, 1988: Meeting Real Needs — Creating Real Jobs. Research Study Series No. 1, Alberton House, St. Mary's Parsonage, Manchester M3 2WJ.£10.00.     

“Post‐Truth,” “Alternative Facts” and “Fakenomics”

South African companies are accused of hoarding profits to accumulate large amounts of “idle” cash, as well as of being the perpetrators of massive illegal capital flight. This paper argues that much of the claimed corporate cash is either offshore or belongs to banks. It reminds that bank deposits increase when companies borrow, not when they retain profits. It shows, too, that measures of massive capital flight actually reflect data errors. Exaggerating, through faulty methodology the extent to which companies have cash or may be involved in illegal capital flight is unhelpful. It exacerbates already‐fraught government‐business relations, and complicates the search for solutions to South Africa's economic problems.     

“Regional questions”

Publications Reviewed:

Royal Town Planning Institute, 1986: Strategic Planning for Regional Potential. A discussion document.

Royal Institution of Chartered Surveyors, 1986: Regional Policy-A Fresh Approach.

Armstrong, H. and Taylor, J. 1987: Regional Policy: The Way Forward. The Employment Institute.

Northern Region Councils Association, 1986: The State of the Northern Region.

South East Economic Development Strategy (SEEDS), 1987: South-South Divide. An exposition of the SEEDS project.     

”Uneven development“

John Allen and Doreen Massey (eds), 1988: The Economy in Question. London: Sage Publications, £8.95 paper.

Doreen Massey and John Allen (eds), 1988: Uneven Re-Development: Cities and Regions in Transition. A Reader. London: Hodder and Stoughton, £7.50 paper.

Kevin Morgan and Andrew Sayer, 1988: Microcircuits of Capital: “Sunrise” Industry and Uneven Development Oxford: Polity Press. £35.00 cloth.     

“Enterprise boards and economic strategy”

Centre for Local Economic Strategies, undated: Enterprise Boards: their Contribution to Economic Development and Investment. Manchester: Centre for Local Economic Strategies, £2.50.

Cochrane, A. (editor), 1987: Developing Local Economic Strategies: Milton Keynes: Open University Press, no price stated.     

“INTERNATIONAL SOLIDARITY” AND ECONOMIC INEQUALITY

At present, when more than half of the “Development Decade” has passed, the economic development of developing countries is far behind the targets set forth at the beginning of this decadc. The author analyses this problem, particularly from the viewpoint of capital movements, and comes to the conclusion that the existing system of capital movements to developing countries today must be re-examined; a new world loans or grants system should be established in combination with efforts in the direction of total disarmament.     

SARIT AND THAILAND'S “PRO-AMERICAN POLICY”

The idea of “pro-Americanism,” appearing at the same time as America's sense of world mission, is a phenomenon of the post World War II period, and for this reason has a very short history. The basic point is that “pro-Americanism”fluctuates according to American conditions, but fundamentally it is controlled by the internal conditions of the “pro-American”country. At the same time, as in most diplomatic relations, “pro-Americanism”is too a basically unstable condition and by trying to stabilize it and make it permanent, both American and the other countries undergo severe stresses. The “pro-American”relationship which ties the United States with numerous small countries in a chiefly bilateral relationship is certainly not immutable. How should the changes be measured and in what context should they be viewed? I shall take the case of Thailand, the most “pro-American”of the Southeast Asian countries. I shall be looking at political leadership as the basic key to the changes, and from this angle the main problem of this article is how to evaluate the part played by Sarit.     

Discussion of “The Psychology of Billing”

Hansen, Jackson, Schaefer, and Stewart (2018) examine the effects of three contextual features on tax professionals’ billing decisions in a case involving issue‐specific tax research. In this discussion, we present a tax fee model. In contrast to determining a bill, our model views tax fees in a more comprehensive perspective. We subsequently use this model to discuss the design choices and limitations of their study and to provide suggestions for future research.     

“SELF-SUSTAINED NATIONAL ECONOMY” IN MAINLAND CHINA

The Chinese formula for populist revolution (Maoism) was established at the Tsunyi Conference in 1935, after the defeat of the revolutionary movement which had been led under instructions from the Comintern since 1921. In the socialist construction of society, the period 1949–1957 was modelled on the Soviet pattern, but by 1958 an independent Chinese pattern had to be sought in order to achieve a self-sustained National Economy. This changing process reveals some important unsolved problems bequeathed to “The Great Cultural Revolution” as main issues.