In this issue
No. 134 April 1984

LettersUpdate

Taking Issue - Ashok Mitra

ECONOMICS IN SEVEN DAYS
Peter Stalker attempts to demystify economics by offering seven doses of explanation - to be taken daily or more often if required.

The machine under stress
Basis facts and figures on global economic mechanisms.

Making money
How money arose, how it is made - and how fast it moves.

Demanding work
Full employment just does not come naturally. It took John Maynard Keynes to show that government intervention was needed to keep the money moving round.

The floss national product
A cartoon based on an idea by Peter Donaldson which looks at the ambiguous benefits of economic growth.

Sizing up inflation
As the market-place became older and less flexible inflation started to creep into Western economies. A look at the monetarist and Keynesian solution to this growing problem.

A Third dimension
Developing countries usually find themselves to be the victims of the global economic system. The changes they need are as much political as financial.

Trading terms
You might aspect the flow of currencies internationally to folow economic patterns - but do they merely follow them or actually shape them?

Finding funds
World Sank and IPAF officials stride around the developing countries offering their advice. But they are not so much financial technicians as politicians in bankers’ suits.

Idea for ACTION and Worth Reading on... ECONOMICS

Reviews: New books and a classicCountry profile: VietnamFront cover photo: Nick Fogden