East Asian Export Competitiveness: New Measures and Policy Implications

This paper demonstrates the remarkable competitiveness of East Asian countries in world export markets for manufactures and develops some policy implications, both for developed and other developing economies. Using constant market share analysis, applied to data for exports from three East Asian countries–Korea, China and Indonesia–to markets in the industrially advanced economies (IAEs), it shows that East Asian countries have increased their share, not merely in IAE imports, but in total IAE market sales at the expense of exporters from other countries and of domestic IAE producers.     

THE RELATIONSHIP BETWEEN FINANCIAL PERFORMANCE AND STOCK MARKET BASED MEASURES OF CORPORATE DIVERSIFICATION

This study examines the relationship between corporate diversification and financial performance. The use of a stock market based measure of diversification allowed a much larger database than in previous studies and overcame the subjective nature of measuring internal diversification. Because previous researchers found that firm size affected performance, size was controlled in this analysis. The authors conclude that there is no statistically significant relationship between the degree of internal diversification and financial performance.     

Black population measurement as a factor in subsidized programs

Conclusions We have developed a method of estimating the population of the nation. To a lesser degree we have illustrated a similar method for estimating the black population. The caution to be emphasized over and over again is that we have merely described the pattern of survival of the population. Although we have used some common-sense notions that may have a bearing on theory, we have not invoked any theoretical postulates in this study.     

Australian and American Settler Capitalism: The Importance of a Comparison and its Curious Neglect

Why is Australia so little known about and studied in the United States when prima facie it is one of the best comparators for America; and why do Australian comparativists often ignore the American case? The discourse of difference has predominated in America rather than the discourse of similarity. But in Australia the opposite has been true. Here an equally powerful theme has been one of searching for comparisons, similarities, and generalities between Australia and other nations and societies. Through thinking about answers to these questions, partly via a discussion of some recent writing on America and Australia, this essay argues a case for the necessity for comparison within a world history perspective. More particularly, it argues that American intellectuals and journalists should pay more attention to comparators like Australia since its similarity with America affords valuable insights into American history, politics, economy, society, and institutions, just as the converse has proven to be valuable.     

Australian tariff preferences for LDCs

In the course of the discussion of the tariff preferences granted by various developed nations to less developed countries (LDCs) it should be noted that it was Australla which first set up a comprising preference scheme. The author of this article outlines the scheme and appraises the Australlan experience.