Bert hamminga Questions about Time, economics and business          version date 990923

Control questions:

1. Explain the idea of time horizon.
2. List the causes of a short time horizon. Explain each cause.
3. List the causes of a long time horizon.Explain each cause
4. Compare the attitude to life, the economic and the business behavior of behavior of people living in a country where the time horizon is short, to those in a country where the time horizon is long.

Exercise: (To do with a group of at least three)

1. Try to position in the scheme: Poland, Russia, Turkey, Greece, Israel, Taiwan, Mainland China, Indonesia, Uganda, South Africa, The Falkland Islands. Also position countries or regions of your own choice. If some of you disagree, try to argue what is right. Write down the arguments used in that discussion. If you keep disagreeing, bring the matter in class.
2. Think of a question not posed thus far that can clearly be answered by someone who carefully read this web page.