Shifting the economic emphasis

Article Abstract:

Pakistani Finance Minister Sartaj Aziz laid out three major targets of Pakistani economic policy in his budget speech in Jun 1997: a 6% increase in GDP, a 7% increase in industrial output, a 6% increase in agricultural output and a 15% increase in exports. Pakistan's problems are severe; industrial production declined by 1.4% in 1996-97, and the country is burdened by $39 billion in foreign debt and $23.8 billion in domestic debt, necessitating an IMF bailout.

Economic Programs, Administration of Economic Programs, Economic aspects, Economic policy, Pakistan, Economic forecasting, Economic history, Macroeconomics

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Budget emphasis, participation, task difficulty and performance: the effect of diversity within culture

Article Abstract:

Research into whether the substantial three-way interaction between budget emphasis, task difficulty and budgetary participation affecting managerial success identified in Australia and Singapore could also apply to the Norwegian environment is presented. Particular attention was given to the impact of the diversity within culture on participation.

Participative Management, Norway, Participatory management

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Deficit difficulty

Article Abstract:

The British trade deficit is lower than expected, and this could mean a lack of confidence in the future of the economy and companies' prospects.

Balance of Payments, United Kingdom, Balance of trade

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