New Semiannual Policy Journal

STI Review: No. 1. Organization for Economic Cooperation and Development, Pans, 1986. $16 (£8) per issue; $30 (£15) for subscription. The Organization for Economic Cooperation and Development (OECD) exists to promote consultation and coordination among Western bloc industrial nations. Examining trends and policy developments in scientific, technological and industrial arenas is an important part of the organization's activities. The OECD Secretariat collects statistical data and perfo

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The OECD Secretariat collects statistical data and performs studies that receive serious attention by the senior officials of member states. However, only a small fraction of these are published. The new journal STI Review (Science Technology Industry) was created to increase the public availability of such reviews and analyses. Scheduled to appear twice yearly, it is designed to contain articles that will serve as background papers for discussions on important issues.

The first volume contains three essays, each on a different topic of major current interest: the effects of new technology on employment, recent trends in international technology flows, and the role of science and technology in international competitiveness. Each provides insight not generally available in non-technical discussions.

The essay on the effects of new technology on unemployment summarizes findings of recent studies and reaches two primary conclusions. First, technological change has not been a major factor in determining employment ...

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