000			01121pab a2200157 454500
008			180718b2000 xxu||||| |||| 00| 0 eng d
100			_aPanchamukhi, V.R.
245			_aFive recent paradoxes and anomalies of economics
260			_c2000
300			_ap.1-31
362			_aDec
520			_aThis paper presents five major paradoxes and anomalies that characterise recent economic phenomena in the world, viz. (i) the paradox of growth and stability, (ii) the immiserizing effects of structural adjustment, (iii) the paradox of growing unemployment in a framework of full employment goals, (iv) the growth of market imperfections while pursuing a strategy of creating perfectly competitive markets, and (v) the paradox of the World Trade Organization trading system. The paper argues that despite the fact that anomalies and paradoxes have in the past been fertile ground for research the five paradoxes discussed here have not so far received the attention of analysts and of policy makers that they deserve. - Reproduced
650			_aEconomic growth
773			_aAsia-Pacific Development Journal
909			_a47557
999			_c47557 _d47557