The problem to be dealt with in this paper is the theory of capitalistic stagnation. Why is it important to examine the theory of capitalistic stagnation? The continuity of the theory of stagnation is the only portion of economic doctrine that is held in common by the Classical, Marxian, Keynesian, and Institutional economists.

"... it will be the purpose of this paper to search the writings of Classicism as exemplified by Smith, Say, Ricardo, Senior, Mill and Marshall, and the works of Veblen for their theories of monopoly. By a contrast and comparison of these theories, it is hoped that the information developed may become the basis for checking any hidden holdovers from these two schools and, by showing their origin, to develop some understanding of a singularly complex problem of the modern world."--leaf 2

The purpose of this analysis is to explain the instrumental theories of Dewey and Ayres; their analysis of societal problems and the proposed solutions; and finally their perception of the future direction of society. Dewey and Ayres both utilized the instrumental theory of value to analyze problems and propose solutions. According to this theory, something has value if it enhances or furthers the life process of mankind. Therefore, this should become the criterion to be utilized in determining the future courses of action. They both agree that policy decisions should be made with at least one goal in mind: progress.

The thesis is an investigation into the writings of Karl Marx and Max Weber, and the interpretations of their relationship in social thought. The interpretations of the relationship of these ideas have become polarized between Weberian and Marxist camps, characterized by Parsons and Weber. The paper begins with an examination of the writings of Max Weber, specifically with respect to his concepts of institutions, developmental theory, and theory of domination. The work of Marx is next examined with regard to these three topics. The interpretations offered by Parsons and Zeitlin are reviewed. The paper concludes that neither argument offered by Parsons or Zeitlin is altogether correct nor incorrect.

An analysis of Thai government expenditures demonstrates that they expanded rapidly between 1900 and 1969, due primarily to rising prices and the extension of government functions, particularly during the post-war period. In contrast, the war effect had little influence on the growth of expenditures. During the period under study, Thai government expenditures were devoted largely to general, social, and economic services, with emphasis on transportation and communication, defense, agriculture, and education. Current expenditures (for defense, education, etc.) represented a higher percentage of total government expenditures than did capital expenditures (for public construction, social services, etc.). In general, the case of Thailand indicates that levels of government expenditure were higher in conjunction with greater emphasis on economic and social development.

The problem with which this paper is concerned is that of examining some ideas and predictions of some American economists about the survival of the Organization of Petroleum Exporting Countries (OPEC). This paper is divided into three parts; the first part includes the introduction, examines the importance of oil, and analyzes the history of the oil industry. This part is composed of Chapters I and II. Part two examines OPEC's formation and objectives and the cartel theory with concentration on OPEC. This part is composed of Chapters III and IV. Part three analyzes some economists' ideas regarding OPEC survival. It examines the economic and political realities of OPEC during the last two decades and discusses its present problems. This paper concludes that OPEC is a strong and sustained cartel.

This thesis is an analysis of the Jordanian economic developmental process which demonstrates that it expanded rapidly between 1948 and 1970. During the period under study, Jordan had to face two wars, in 1948 and 1967, which had inverse effects on the economy. After each war, the economy experienced a period of recovery due primarily to government efforts to promote investment; the existence of a more educated people represented by the refugees; and the role of foreign aid. Chapter I is a brief introduction to the Jordanian economy. Chapter II is a discussion of some theories of economic development. Chapters III and IV provide us with a more detailed description of the economic situation before and after the 1967 war. However, the purpose of Chapter V is to incorporate the theory that appears to handle the processes discussed in both Chapters III and IV.

The problem with which this study is concerned is that of discrimination. Data from the United States Bureau of the Census is used to approach the problem through the concept of economic discrimination. This study has two purposes. First, it tests the hypothesis that blacks in the South have been subjected to significant economic discrimination, and, in turn, to give quantitative estimates of its magnitude if the hypothesis is accepted. The secondary purpose is to make a comparison of the relative importance of the independent variables for blacks and whites.

Utilizing shift/share and economic base analysis, data covering employment, income, and population are analyzed for each of the nine regions of the United States as defined by the Census Bureau. The study covers 1970 through 1984 because widespread redistribution of employment and a shift toward more service-oriented, white collar jobs occurred during this period. This study presents currents trends and recommends ways in which people may better prepare for the future.

This study has been primarily concerned with the pattern of economic development and the role of the multinational corporations (MNC's) in that process in the Kingdom of Saudi Arabia. Two contrasting theoretical frameworks were adopted to assess the pattern of economic development followed in the Kingdom of Saudi Arabia from 1970 through 1983. The first theoretical perspective is the neoclassical approach to economic development which postulates that the productive resources at the disposal of a country and the institutions developed to guide the prudent use of them are paramount to a balanced development. On the other hand, Hymer's contrasting perspective is based on the Law of Uneven Development. Essentially, Hymer claimed that inequality is built into the growth mechanisms of the present day world capitalist economic system that shapes the international economy through the agency of the multinational corporations. Therefore, any involvement by the MNC's is necessarily hierarchical, and characterized by dominance and dependence as well as wealth and poverty, particularly between the industrial countries of Western Europe and North America and the less developed countries in the Third World societies. Ironically, the Saudi Arabian case shows that Hymer's Law of Uneven Development is questionable. First, instead of the location …

Using the assumptions of various schools of thought on development as the theoretical framework, an attempt is made to examine the effects of foreign investment on the socioeconomic growth of 50 developing countries by means of multiple regression models that utilize some external and internal variables assumed to affect the growth rate of GNP. Results from these models indicate that new inflows of foreign investments and amounts of domestic investments are positively related to growth while accumulated stocks of foreign investments have no effect on growth. This suggests that development funds, designed specifically for increased domestic investments, would be the most effective way to increase GNP.

The purpose of the paper is to develop projections of occupational employment in the Dallas and Fort Worth Standard Metropolitan Statistical Areas (SMSA) using Area Projection Method A, developed by the U.S. Bureau of Labor Statistics (BLS) . An objective of the paper is to determine whether reasonable projections can be made for the Dallas and Fort Worth areas using the method. The projections and results can be used by local manpower and education planners to satisfy their planning requirements. The final chapter concludes that Method A does produce reasonable projections, but points out that the projections lack detail. Their value lies in projecting the overall trend and direction of the composition of employment, and their usefulness is primarily in policy making.

This paper will show that, despite the need for extension of foreign direct investment in the form of multinational corporations to capital-scarce, less developed countries, political risk creates a gap between the demand and supply of foreign investments. In Chapter II, the patterns of foreign direct investment are analyzed. Chapter III reviews the various sources of political risk and concludes that the existence of political risk is an obstacle to the formation of optimum level investment. Chapter IV discusses the relative positions of the less developed countries and the multinational corporations. Chapter V shows the problems caused by the absence of a universal, regulatory institution. Chapter VI presents case studies of corporations based in Chile, Peru, and Angola. Chapter VII suggests ways that political risk can be minimized.

This thesis is focused on informal sector establishments in Kenya and how they contributes to employment creation, income generation and economic development. The research examines how the informal sector has developed between the years 1986-1989. The study indicates that the informal sector can absorb those people who are unemployed and cannot find jobs in the formal sector. The first chapter describes the definition and interpretation of the informal sector. The discussion of the related .literature, development of the informal sector, politics of the urban informal sector and controversies are described in chapter II. Chapter III describes the regional and sectoral analysis in employment generation. Chapter IV focuses on projections and promotion policies. Concluding remarks and the importance of the informal sector are represented in chapter V.

The main task of this thesis is to investigate economic implications of U.S.- China trade. The study period covers from 1972 to 1992. Data are available from International Financial Statistics, Survey of Current Business, Statistical Yearbook of P.R.China. Various hypotheses are employed to explain the basis and gain of trade, the impact of trade on both economies, and the major determinants of bilateral trade flows. This thesis contains five parts: I. Introduction; II. Outlook; III. Theoretical Analysis; IV. Empirical Study; and V. Conclusion. The major findings of this thesis are that both countries have gained advantages from trade and have also faced some unpleasant problems; several widely recognized theories serve as good approaches to understand these issues; the time series distributed lag models are helpful in explaining the determinants of trade flows.

Although the government role in the economy has extended to include various sectors of the economy, there are still problems of the causes of government involvement and how such involvement is related to the structure and function of the industrial government. The purpose of this study is to test the government involvement phenomenon both theoretically and empirically. The study compares two approaches to the government theories. The first approach deals with theories of capitalism and focuses on the function of the government methods as they are observed. The second approach deals with theories of the capitalist government and focuses on the functions and the form of the government as deducted from the historical analysis.

This study is directed towards the relationship between the economic environment in Nigeria and its indigenous private sector from 1960 to 1980. Nigeria practices mixed capitalism aided by the national government, foreign governments and international agencies. The 1972 and 1977 Indigenization Decrees were passed to eliminate foreigners from certain economic fields to be replaced by Nigerian citizens. The economic environment of Nigeria is less than suitable for the operation of modern business. Roads, telephones, telex services, electricity services, law and order and a few other critical underpinnings of business are inefficiently provided for in the economic system of the country. Despite the unfortunate economic environment Nigerian Entrepreneurs, especially the Ibos, have been particularly industrious. However, indigenous private enterprise in the country has not been especially successful.

Tanzania achieved full self-government on May 1st, 1961 and adopted its constitution on December 9th, 1962. It is a member of the British Commonwealth, the Organization of African Unity and the United Nations. Tanzania is a developing country predominantly dependent upon agriculture. Tanzania's rate of economic development, relative to other African countries, is mid-way between the wealthiest and the poorest. The economic development of Tanzania is analyzed in detail between the years from 1961 to 197. The dual policy of development adopted by the Tanzanian government called for unbalanced growth in both agriculture and industry. To a certain extent that policy was proven successful.

Primary sources were provided by the Kenyan Embassy to the U.S.A., Kenya tourist offices in the U.S.A. and West Germany, the Economics Department at the University of Nairobi, the Ministry of Finance in Kenya, the Institute of South Africa, and the United Nations. The first chapter provides a brief explanation of the historical and economic development Kenya has experienced since independence. Chapter II deals with the historical development of Kenya's economy. Chapter III discusses the major countries' donation of aid to Kenya. Chapter IV focuses upon aid from international organizations. Chapter V develops Kenya's efforts to use foreign aid efficiently. Chapter VI looks into Kenya's prospects for development through foreign aid. Chapter VII is the conclusion.

The general problem involved in this study is one of resource utilization. The specific approach of this study shall take the form of an inquiry into the relation between monopoly and waste.

An investigation of the legal status of labor in Great Britain and the United States. The basis of labor legislation is considered, and the development of labor legislation traced in both countries. A comparison of the legal status of labor at the present time in both countries is made. - Abstract

Agriculture is usually the largest economic sector in developing countries. Typically, most of the countries' population is employed in this sector. The economic growth is dependent upon productivity in agricultural production and its export potential. Increased production and exports from this sector result in foreign exchange earning by which to promote development of the other sectors. Given the importance of agricultural development, this thesis attempts to study the impact of the agricultural sector on Thai economy and to examine some problems concerned with cultivation, production and marketing. The study also concentrates on the development of social overhead capital (i.e., transportation and irrigation systems), which play an important role in stimulating the growth of Thai agriculture. Finally, there are some conclusions and recommendations which may be useful to the government and its agencies concerned with the development of agriculture.

This thesis examines the relative effectiveness of monetary and fiscal policy in Pakistan by utilizing an open economy framework. There is a great need for research about the effectiveness of macroeconomic policies as the knowledge of the relative importance of monetary and fiscal policy could prove useful to policymakers and help them understand the macroeconomic adjustment processes of these policy measures.

The purpose of this investigation is to describe and document certain behavioral characteristics of the multinational corporations and to point out some of the special problems they create for economists. Theirs is a new way of organizing and controlling international business units and relatively little is known about the consequences for economics and politics. The primary area of study with which this investigation is concerned is the multinational corporations' economic power and the inability of nations to effectively control it.