A three-equation simultaneous system is used to model the industrial property market in Great Britain. Strong relationships are found between new industrial building supply and both real rents and construction costs, and between rents, industrial floorspace availability and the gross domestic...

The mid-term review of the WTO Doha Round of trade negotiations held recently in Cancun was concluded in a premature fashion by the hosts. Participants were not moving forward towards a process that would see the talks move towards a final agreement in 2004. This was a disappointment for New...