Volume 16, Issue 1: Showdown or Crisis? Restructuring in the 1980s
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Slowdown or Crisis? Editorial Introduction
(Institute of Development Studies, 01/01/1985)SUMMARY This introduction poses the dilemma of how to characterise the current state of the world economy — is it a mere slowdown, subject to correction by the implementation of better?designed market?orientated strategies, ... -
Two Faces of a Coin: international trade and debt
(Institute of Development Studies, 01/01/1985)SUMMARY Debt is deferred trade. For many of the indebted developing countries, trade can no longer be deferred. Most are required to service some of their debt through adjustments in trade, but many have found export ... -
The Effects of American Policies – a new classical interpretaton
(Institute of Development Studies, 01/01/1985)SUMMARY Patrick Minford argues that the major short?run cause of disturbance in the world economy in the 1980s has been US macro?economic policy. He suggests that the elimination of this source of distortion and instability ... -
The Impact of World Recession and World Prices on a Sample of Developing Countries
(Institute of Development Studies, 01/01/1985)SUMMARY The impact of the post?1979 recession on a sample of developing countries, was more severe than it need have been because of its unanticipated length and severity. The role of development strategies, subsidies, ... -
Growth, Cycles, Crisis
(Institute of Development Studies, 01/01/1985)SUMMARY This article describes how a simple model of equilibrium growth can be transformed into a complex cyclical model illuminating our understanding of the world?wide slowdown in economic activity witnessed since the ... -
Long Waves and Changes in Socioeconomic Organisation
(Institute of Development Studies, 01/01/1985)SUMMARY This article presents a set of hypotheses to explain the Kondratiev long waves. It suggests that they can be understood as the rise and fall of successive and distinct modes of growth of the total system, based ... -
London and the Greater London Council: restructuring the Capital of Capital
(Institute of Development Studies, 01/01/1985)SUMMARY London — still one of the world's major imperial capitals — is facing a severe economic crisis, with 400,000 people unemployed, mass poverty, and large scale de?industrialisation. This is partly the result of ... -
Unstable Empire: US business in the international economy
(Institute of Development Studies, 01/01/1985)SUMMARY This article argues that the international operations of US business constitute an unstable empire. In developing this argument, the article examines three aspects of US?based international business activity: the ... -
Civilisational Crisis
(Institute of Development Studies, 01/01/1985)SUMMARY This article addresses the issue of ‘civilisational crisis’. The nation?state systems upon which the world economy is built require for their survival the reassertion of nationalism at ever higher levels, finding ...
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