How International Exchange, Technology, and Institutions Affect Workers: An Introduction

In a world of deepening trade links, rapid technological change,and weakening institutions, workers in rich and poor countriesalike are concerned about their incomes and the security oftheir work. In contrast to the substantial quantity of analysison industrial countries, relatively little careful work hasbeen done on these issues in developing countries, especiallyin the context of the recent globalization of economic relations.Empirical work suggests that disequalizing trends in some developingcountries may have been caused by the entry of low-income countriessuch as China into world production or by the greater qualityand technological requirements of contemporary trade in goods.Whatever the source, these results raise questions about theviability of institutional mechanisms for supporting the incomesecurity and working conditions of workers. Many labor marketregulations are already ineffective owing to weak enforcementcapabilities. However, in most developing countries, there willbe a rising fraction of workers in formal labor contracts, risingdemands for formal mechanisms for dealing with income insecurity,and a potentially larger role for unions in an important segmentof the work force. Thus, it is of increasing importance to setthe policy and institutional framework in a fashion that isboth consistent with competitive pressures and supportive ofworkers' participation and security.     

Strategic supply chain choices for multi-channel Internet retailers

Multi-channel retailing—selling through multiple, distinct channels—has been a part of the retail industry as long as there have been main street merchants selling through catalogs. Since the mid-1990s, however, multi-channel retailing has increased dramatically due to traditional retailers selling over the Internet. This trend presents considerable operational challenges because Internet and traditional retail have vastly different demand drivers, product variety issues, optimal inventory configurations, cost structures, supply chain structures, and delivery mechanisms. Consequently, the optimal supply chain configuration for Internet delivery differs considerably from the optimal supply chain configuration for a retail store structure, so designing a supply chain system to serve both channels well is difficult. Accordingly, a set of strategic choices and trade-offs must be made. Here, we present some strategic alternatives.     

IFRS in Europe – An Observer's Perspective of the Next 10 Years

Abstract

What follows is a personal reflection on the challenges that may face the International Financial Reporting Standards (IFRS) Foundation in the next 10 years, and is based on two conference presentations and the debate at those conferences. The suggestion is that the character of the members of the International Accounting Standards Board (IASB) in its second decade is different from that of the founding board, and is more pragmatic than crusading. It is mooted that the board will need to address second-order issues of the organisation and policy, and that Europe will try to take a more influential role. The article observes that existing issues of funding, complexity and differential reporting may become more urgent and will need to be addressed for the organisation to continue to evolve.     

Managers' Perceptions of Criteria of Organizational Effectiveness

This research explores managerial perceptions of organizational effectiveness and whether they have similarities with perceptions of academics, and with the competing values model of organizational effectiveness (Quinn and Rohrbaugh, 1983). The results suggest that the same values organize the patterning of effectiveness criteria in a cohesion-based solution for managers and academics. Yet, this cohesion model has inadequate explanatory power for managers' perceptions and shows no relationship with either their experience or organizational preferences. In contrast, a conflict-based solution provides adequate explanatory power for managers and relates to their experience and to organizational preferences. If managers play any part in influencing effectiveness in organizations, then incorporating their views into models of organizational effectiveness is therefore likely to improve our understanding of organizational functioning.     

New Entry and the Rate of Return to Education: The Case of Registered Nurses

In the 1970s, the percentage of high school graduates completing RN training increased with little change in the rate of return to training. During the 1980s, this percentage declined, despite large increases in the rate of return. The national data employed here examine long-run trends (with emphasis on the 1970s and 1980s) in financial incentives and entry into the nursing profession and suggest that broader professional career opportunities in the 1980s exerted a large impact vis-à-vis the 1970s, among other factors. Rates of return remain high in the 1990s with modest signs of the market stabilizing. Successful policies to ensure stability in health care service delivery must incorporate these varying trends in the RN market.     

Integrating environmental management and supply chain strategies

The decisions related to managing the supply chain and supply chain strategy are already considered important in many organizations. As more executives adopt environmental practices, supply chain strategies will only increase in importance. In this paper, we review how companies develop environmental supply chain strategies. Our interviews with companies from The United States, The United Kingdom, Japan and Korea, along with prior research, are used to develop a framework for environmental supply chain strategy decision‐making. We then use this framework to suggest guidelines for how companies might change their current supply chain practices to successfully integrate environmental issues into their supply chain strategy. Copyright © 2005 John Wiley & Sons, Ltd and ERP Environment.     

Intergenerational Equity and Resource Use

Abstract . Is it “fair” for one generation to use up, wholly or to a degree, resources which cannot be replaced? By evaluating projects involving non-replaceable resources with discount rates are future benefits undervalued?Discounted net present value is found to be a poor allocator of scarce resources. Another choice rule, Page and Ferejohn's Dominance Rule, also contains flaws. A “partitioned” approach, dividing the time horizon into sections, is an improvement and has advantages. While this third approach has basic uncertainties, it may be used to meet nondeferrable decisions while problems of equity and preference are being studied.