The similarities between the Group Technology (GT) Cell system and flow-line production are explored, with particular reference to the nature of the production systems, and worker organization. Several factors are identified which not only distinguish flow-line and GT cell design, but also give...

Education, Training and the Global Economy takes issue with the notion that simply more or better education and training will inevitably bring economic success.

For decades, the idea that more education will lead to greater individual and national prosperity has been a cornerstone of developed economies. Challenging this conventional wisdom, The Global Auction forces us to reconsider our deeply held and mistaken views about how the global economy really...

For decades, the idea that more education will lead to greater individual and national prosperity has been a cornerstone of developed economies. Indeed, it is almost universally believed that college diplomas give Americans and Europeans a competitive advantage in the global knowledge wars....

Existing empirical evidence suggests that residual income valuation models based on historical cost accounting considerably underestimate equity values. One possible explanation is the use of historical cost accounting under inflationary conditions. In this paper, we use a residual income...

Draws on the results of recent research on the process of skills learning and training in small enterprises as a way of exploring some of the implications for policy makers and their advisers.

We investigate the sources of supply of several core skills, using an innovative approach to skills measurement that involves adapting a job analysis methodology and applying it in a survey context. We then estimate the determinants of skills supply using a production function model. The main...