Effective Human Resource Development (HRD) has long been recognised as a critical element in overall organisational strategy, and in turn is important to the ongoing sustainability of organisations. In this paper, the importance of effective HRD strategies and interventions are considered,...

Eine kritische Analyse der monetaristischen These der rationalen Erwartungen der Angebotsseite, dem Ansatz (Anreiz) zur Kapitalbildung während einer Periode der inflationären Erwartung Dieser Beitrag zeigt, daß die These der monetaristischen Theorie der rationalen Erwartungen, eine...

This paper exlains the cause of the sub prime market failure in the US and suggests policies to copy with the problem.

El espectro de dos problemas de deuda internacional inquieta al mundo libre: uno está asociado con los pasivos de los países menos desarrollados de América Latina; el otro está relacionado con las obligaciones del primer deudor del mundo. los Estados Unidos. Estas dos situaciones de deuda...

Este ensayo de Paul Davidson critica los postulados básicos y la adopción en bloque de las diez reformas del Consenso de Washington, cuya aplicación en los últimos lustros ha sido desastrosa para los paises en desarrollo. Muestra que los postulados del libre cambio y algunas de las...

Proponents of New Keynesian Economics (NKE) have defined their research agenda as within the Keynesian tradition where a market (supply) failure (i.e., a coordination failure) induces nominal wage/price fixities. This paper demonstrates that NKE models are not only logically incompatible with...

This paper explains why once non-probabilistic (i.e., a non-ergodic stochastic system) uncertainty is introduced into an orthodox freely flexible exchange rate model, the concept of the elasticity of expectations explains the open economy system will be extremely unstable except under the most...

This paper exlains the cause of the sub prime market failure in the US and suggests policies to copy with the problem.