GHAI, Dharam (Ed.). The IMF and the South. The Social Impact of Crisis and Adjustment. London (Engl), Zed Books, 1991, 288 p.

AbstractI feel myself to be an outsider amongst you: I am a macroeconomist by background, having worked in the UK Treasury for many years. Yet I have become convinced in my time at the World Bank of the importance of understanding the social context of the Bank’s work, and the social impact of Bank lending, especially because of the UK ODA’s experience in this field. As an Executive Director at the IMF too, I have gained important insights into how that institution uses its Board more effectively, with more cooperation, and much greater partnership between the Board and management.

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A Stroke of the Chancellor's Pen: The Social and Regional Impact of the Conservatives' 1988 Higher Rate Tax Cuts

Environment and Planning A Economy and Space ◽

10.1068/a290129 ◽

1997 ◽

Vol 29 (1) ◽

pp. 129-147 ◽

Cited By ~ 11

Author(s):

C Hamnett

Keyword(s):

Housing Market ◽

Income Tax ◽

Social Impact ◽

High Income ◽

The South ◽

Regional Impact ◽

The Social ◽

Tax Regimes ◽

Tax Cuts

The geography of income and taxation is an important but underresearched subject. Given the uneven geography of incomes, changes in tax regimes are likely to have an uneven regional impact. The author examines the social and spatial impact of the Conservative government's 1988 higher rate income tax cuts in Britain. It is shown that, in addition to their highly regressive social impact, the 1988 tax cuts favoured the South East where the concentration of high income earners is most marked. This had a significant impact on the late 1980s consumption and housing market boom in the South East.

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A Turn of the Crank

Mechanical Engineering ◽

10.1115/1.2009-sep-5 ◽

2009 ◽

Vol 131 (09) ◽

pp. 54-56

Author(s):

Robert O. Woods

Keyword(s):

Cotton Fiber ◽

Social Impact ◽

Tidal Wave ◽

The South ◽

Manual Operation ◽

The Social ◽

Cotton Fields ◽

Cotton Gin

This article elaborates the social impact of the invention of Eli Whitney’s cotton gin. Before introduction of the gin, cotton had been a mildly interesting but barely productive crop. That changed dramatically with the advent of the gin. Prior to the gin's introduction, cotton fiber could only be separated from the sticky, embedded seeds by a manual operation. The procedure was so slow that cotton was just barely commercially attractive. So little could be produced that the greatest application was in such specialized little things as candle wicks. An individual would work 10 hours to separate a pound of fiber from seeds. Production increased by a staggering amount with the introduction of the cotton gin. A team of two or three could then process 50 pounds of cotton in a single day. Cotton growing suddenly became lucrative, and an unexpected tidal wave of cotton fields sprang up. It soon became by far the major export of the South.

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