It is an honour and a pleasure for me to be here today to give the Institute's annual lecture for 1989. I do so, of course, in a personal capacity. While I am at present an international civil servant, both my subject-matter today and my treatment of it reflect my own choice; and the views I...

Two leading international agencies, the OECD and the IMF, are now becoming more closely involved with climate change issues, in conjunction with finance and economics ministries within their member countries. This broader official involvement opens up an opportunity: it could lead to a more...

Professor Laffer’s paper’ leads me to ask four questions, which I shall address in turn: 1, Is the Laffer curve an accurate depiction of economic reality? 2. Are we in a prohibitive region of the Laffer curve, that is, a region in which a tax rate cut would increase tax revenues?...

An elasticity of textile employment with respect to textile imports is estimated for the nation, two regions, and four local areas. A theoretical labor demand equation is derived which endogenizes textile imports and facilitates direct estimation of import-employment elasticities. The results...

This article describes a method for examining components of structural change in an open economy. A distinguishing characteristic of the method is that changes in external trade behavior are explicitly recognized as a separate component of structural change. The method is utilized to examine the...

Purpose – The purpose of this paper is to explore the impact of technological change on the internal audit practices and skills requirements for internal auditors in an e-business environment. Design/methodology/approach – Generalist internal auditors and specialist information technology...