ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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BRUSSELS-Pompidou s Referendum

BRUSSELS Pompidou's Referendum LIKE his predecessor in the Elysee palace, Georges Pompidou has dramatically underlined the two basic facts of European integration. The first is the fragility of the edifice the Europeans have been building since 1958, when the Treaty setting up the EEC came into force. The second is that the road to European integration still passes through Paris.

A Strategy for Dry Land Agriculture

N S Jodha In the wake of the green revolution, the regional disparities in the farm sector threaten to get accentuated. The factor endowments of the regions vary vastly and so also their capacity to take advantage of the new technology which has ushered in the green revolution. The dry areas, in particular, stand automatically neglected under the country's new strategy with its bias for areas with assured water.

The Pharmaceutical Industry in India

Though there are a large number of units in the Indian pharmaceutical industry, the core of the industry is dominated by multinational firms operating as Indian subsidiaries and by firms with foreign financial or technical participation. These firms greatly depend on imported technology and imported raw materials for production.

Reply

Review of Management February 1972 Reply Paul Mampilly WE are grateful to L C Gupta for having communicated his reservations in his comment on our paper.

Investment in Private Corporate Sector in 1972-A Forecast

A Forecast C Rangarajan An attempt is made in this article to forecast investment in the private corporate sector in 1972 on the basis of data available with the term-lending institutions.

Employers Organisations in India

Employers and their organisations are an important component of the industrial relations system of any modern society. However, while labourers and their organisations have attracted wide attention, employers and their activities have failed to attract similar attention both from scholars mid laity alike.

UNITED KINGDOM-For Whom the Flame Flickers

UNITED KINGDOM For Whom the Flame Flickers (By a Correspondent) THOSE with long memories may recall that when a working class revolution in Britain seemed least implausible, in the years just before the First World War, there were three main threats to the British Establishment: the force of trade union militancy and organisation (embodied in part in the Triple Alliance), the movement for an independent Ireland, and the struggle for women's suffrage. Admittedly today, women's lib is not a child strong enough as yet to frighten any except errant husbands, but the Irish are living up to their historic reputation. And now in the miners' strike we can detect the echoes of the old working class militancy and solidarity of the pre- World War I labour movement.

Whatever Happened to the Priorities

Formal Planning Systems J C Camillus Concept of Planning: A Case Study V L Mote B G Shah Short-term investment Forecasting Samuel Paul Corporate investment in 1972: A Forecast C Rangarajan Pharmaceutical Industry in India P K Ramachandran B V Rangarao Employers' Organisations K C Alexander Net Present Value vs Internal Rate of Return Comment: L C Gupta Reply: Paul Mampilly Review of Management is published four times a year, on the last Saturday of February, May, August, and November.

Net Present Value versus Internal Rate of Return-A Comment

Rate of Return A Comment Let us see whether the IRR calculations depend in any way on the reinvestment assumption which they regard as crucial: Project A IN 'Net Present Value versus Internal Rate of Return' (November 27, 1971, pp M-153-6), Rangarajan and Mampilly express the view that while both the Net Present Value (NPV) and the Internal Rate of Return techniques have an underlying implicit assumption about re-investment of the cash flows generated during the life-time of a project, the main difference between them lies in assuming different re-investment rates. To quote them:

Formal Planning Systems-Their Place in the Framework of Planning and Control

Formal corporate planning systems have proliferated in the past decade in the more industrially developed countries. However, despite the nearly universal acceptance of the importance of corporate planning there is unfortunately a lack of a common understanding of:

Experiments in Short-term Investment Forecasting

This paper reports the results of an investigation regarding the feasibility of predicting short-term trends in industrial investment in India through use of anticipatory data.

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