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US: PRODUCTIVITY BOOM, REAL OR IMAGINED?

Article Abstract:

Optimists believe that information technology has helped to raise productivity by reducing the amount of 'slack' in the US economy. Inventory stocks can be reduced, delivery times have fallen and intermediate production or distribution processes have been cut down. As a result, the US seems to be poised for a period of non-inflationary growth and a continuing increase in standards of living. Sceptics say that there has been no productivity growth acceleration in the majority of the economy, and warn that the rapidly expanding sectors of the economy cannot easily be measured by economic statistics. The Internet Policy Institute is a new think tank that will examine the impact of new technology on the economy as a whole. Until now, the contribution of the Internet has not been subject to critical investigation and so there is a great deal at stake, particularly the direction of interest rates and the health of Internet stocks.

Forecasts and trends, Economics

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Anatoli Rybakov

Article Abstract:

Writer Anatoli Rybakov worked for two years as a stevedore and driver before entering the Moscow Transport Institute, Russia, in 1929. He spent some time in internal exile in Siberia, and from 1936 to 1941 worked as an automechanic and driver. He began writing while he was in Germany with the occupying Russian forces. His first novel, 'Kortik,' was published in 1948, and he rapidly gained a strong reputation as a writer of children's adventure stories.

Book Publishers, Books, Book Printing & Publishing, Publishing industry, Authors, Obituary, Writers, Rybakov, Anatoli

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US: INCREASE IN WORKER PRODUCTIVITY

Article Abstract:

It has been revealed that the average worker productivity in the US has increased to its strongest level since 1983. During the three months from April to June 2000 output per hour surged at an annual rate of some 5.3%, compared to just 1.9% during the previous three months. This increase is said to have boosted hopes that the US economy will remain strong with non-inflationary growth.

Production & Business Activity, Employment

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