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Swing in the tail of emerging markets will begin to wag the dog

Article Abstract:

It is likely that East Asia will continue to see economic growth, even though there is currently declining confidence in many of the region's currencies. However, it is probable that economic development in East Asia will go through several cycles, with the stability of recent years not continuing. This raises questions about whether currency instability in East Asia will have the serious long-term consequences which resulted from currency instability in Latin America. At present, economic developments in East Asia are probably not significant enough to destabilize the rest of the world.

Author: McRae, Hamish
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
Administration of Urban Planning and Community and Rural Development, Economic Development NEC, Economic aspects, Economic development, East Asia

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The strange case of falling birth rates in the West

Article Abstract:

It is difficult to know why the birth rate should be falling so dramatically in western Europe. There is clearly a link between a declining birth rate and improving job opportunities for women, and it is also possible that the tax system, which tends to penalize women who try to return to work after having children, has provided a disincentive to having children. The falling birth rate cannot be entirely linked with economics, as the birth rate has also been falling in European countries which have seen a sharp rise in wealth.

Author: McRae, Hamish
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
Statistics, Western Europe, Childbirth, Delivery (Childbirth), Fertility, Human, Human fertility

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The UN's poverty of ideas

Article Abstract:

The United Nation's World Summit for Social Development, soon to open in Copenhagen, will discuss ways of fighting poverty. It has attracted considerable controversy, with some leading NGOs stating that spending more taxpayers' money on 'aid' can no longer be seen as the best way to help the poorest people in the world. The summit seems to be surrounded by an atmosphere of unreality, and it costing a great deal of money which could be put to much better use elsewhere.

Author: McRae, Hamish
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
Conferences, meetings and seminars, Poverty

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