Theories and models dealing with the vicious cycle between exchange rates and domestic inflation and the way in which this relationship has influenced the economic policies of European nations are reviewed. Attempts of European nations to avoid the cycle of depreciation and inflation are covered. New theories may be necessary. (IS)

As the recession of 1982 has deepened, economists have disagreed on how to promote recovery. This crisis is particularly severe in the developing countries, and any recovery there is dependent on cooperation with the developed nations. The history of this crisis is reviewed and recommendations for change are made. (IS)

Important changes are taking place in the world economy which are not adequately dealt with by either Keynesian or monetarist theories. Too much emphasis placed on what is happening in the American and western European economies can blind us to important developments in such nonwestern economies as the OPEC nations. (IS)

Two broad groups of indicators are examined: social, divided into demographic and others, and economic, divided into agricultural and nonagricultural. One indicator that applies to West Africa is selected for each subgroup. (Author/ND)

Since the 1970s, economists have recognized that a booming export sector of the economy can have unfortunate consequences for other sectors and lead to both appreciation of that nation's currency and a weakening position for its exports. A model to stimulate the effects of this situation is discussed. (IS)

The Chinese economy is changing rapidly. Government policy, which once promoted self-sufficiency in production, trade, and financing and rejected the idea of an international division of labor, is now seeking to participate actively in international trade and to operate its economy as efficiently as possible. (IS)

Reviews various theoretical explanations of the late twentieth century youth culture phenomenon in western societies. Maintains that as long as work-related status continues to determine the adult social structure and individual opportunity, the potential to positively alter and influence youth culture through education, play, religion, and…

Discusses projects by Unesco's Division of Social Science Methods and Analysis that study indicators, and lists 35 published reports from individual studies in that framework. (ND)

The major new development in American economics is the abandonment of neo-Keynesian economics and the reliance on modern monetarism and the rational expectation approach. The result is a stagnant economy with high unemployment. The reasons for this change and its implications are discussed. Suggestions for change are made. (IS)

Military governments in Argentina, Chile, and Uruguay attempted to stabilize their economies in the 1970s abnd early 1980s, but failed because of internal economic constraints. A serious error in all three countries which resulted in problems with foreign payments was their emphasis on import liberalization rather than export promotion. (IS)

A long-run program of socialist-oriented institutional development is necessary to improve the economic situation of the less developed countries and close the gap in wealth between them and the developed nations. Developed nations can aid this by reducing military expenditures, dropping trade barriers, and strengthening international lending…

Provides insight into the societal significance of youth culture. Maintains existing theories of youth culture fail to account for contemporary phenomena; that youth is changing qualitatively, acquiring a new role in the life-cycle, and a different societal significance. (JDH)

Traces the search for economic development alternatives that go beyond conventional neo-classical and Marxist theory and practice. Outlines case studies of social and economic transformation in South Korea and China and delineates the differences between similar attempts in Latin America and Eastern Europe. (MJP)

Reports on an economic empowerment model that focuses on the household economy and the resources required by households for the production of their livelihood. Conceives of household economies as integrating the moral economy of social relations with the exchange economy based on money transactions. (MJP)

Examines the economic troubles and social turmoil experienced by Latin American cities in the last 10 years. Identifies a global economy, moving from the production of raw materials to information-related jobs and services, as the main culprit. Discusses the growing importance of city councils in municipal governance. (MJP)