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The Impact Of Globalization On Domestic Growth In Africa, Thomas L. Ainscough, Todd M. Shank Sep 2023

The Impact Of Globalization On Domestic Growth In Africa, Thomas L. Ainscough, Todd M. Shank

Journal of Global Business Insights

Research into the impacts of globalization on domestic growth in Africa has been scarce and the results of the research that does exist have been mixed. This research addresses this gap in the literature by using the newly revised KOF Globalization Index to determine the impact of social, political, and financial globalization on African economies. The KOF Index was revised substantially in 2019. Our full data set includes 40 years of data, from 1980-2019. Findings indicate that the relationship between globalization and GDP is best represented by a non-linear cubic model. With that model, social globalization has become Africa’s most …


Decoding Underperformance Of Entrepreneurship At The Bottom Of The Pyramid: A Literature Review Of The Field, Amber Y. Chang, Yalan Xu Jan 2023

Decoding Underperformance Of Entrepreneurship At The Bottom Of The Pyramid: A Literature Review Of The Field, Amber Y. Chang, Yalan Xu

New England Journal of Entrepreneurship

Purpose – Driving economic development at the bottom of the pyramid (BOP) is an enduring global challenge. While the market-based approach places hope on entrepreneurship as a major impetus to drive the underdeveloped economy, the performance of entrepreneurial businesses and their impact on poverty reduction are sometimes below expectations. This paper seeks to examine the factors that may be hindering entrepreneurship within the BOP context. This paper presents preliminary answers and provides research suggestions related to this question.

Design/methodology/approach – In order to identify the reasons behind the underperformance of entrepreneurship at the BOP, a comprehensive literature review was conducted …


Africa's Knowledge Economy And Links To India, Anand Kulkarni Jan 2022

Africa's Knowledge Economy And Links To India, Anand Kulkarni

International Review of Business and Economics

Competitive advantage for economies, both developed and developing, will be increasingly based on knowledge in all its forms, including science and technology, smart entrepreneurship, and new business and organizational development models. Due to COVID-19, the need for innovative solutions to health and economic disruptions has never been as keenly felt. This paper is structured in five parts. The first part examines the extent to which various countries in Sub-Saharan Africa participate in the global knowledge economy. Data is drawn from the UN Knowledge Index and canvases knowledge economy parameters such as research and development, value-added industrial production and knowledge-intensive services, …


Banking On Her: The Effects Of Microfinance On Women’S Autonomy In Developing Economies, Zena Pare Jan 2021

Banking On Her: The Effects Of Microfinance On Women’S Autonomy In Developing Economies, Zena Pare

Mahurin Honors College Capstone Experience/Thesis Projects

Once applauded as a way to empower the world’s poorest, and in particular benefit women, the practice of microfinance is now perceived with a much more cautious and nuanced lens. Some perspectives state that microfinance improves women’s lives and uplifts communities, while others claim that it increases over-indebtedness and does not provide a viable path to escape poverty. In order to determine if microfinance is an effective use of resources to empower women, this paper analyzes the relationship between women’s autonomy and microfinance to provide further insight into its proposed positive and negative effects. Using ordinary least squares regression analysis, …


Tackling Undeclared Work In The European Union: Policy Report, Colin C. Williams Aug 2019

Tackling Undeclared Work In The European Union: Policy Report, Colin C. Williams

Colin C Williams

Undeclared work represents a persistent feature of contemporary economies and results in lost public revenue, lack of worker protection and unfair competition for legitimate businesses. Conventionally, undeclared work has been viewed as an individual criminal act, which is solved by governments increasing the penalties and risks of detection in order to discourage participation. This, however, only deals with the outcome (i.e., participation in undeclared work) and does not address the drivers of this behaviour.
This report explores the formal institutional failures which make undeclared work an acceptable behaviour in the eyes of citizens and, consequently, result in high participation in …


Tourism And The Developing World: A Comparative Analysis On Socio-Economic Development Between The Dominican Republic And Haiti, Megan Elise Reissig Mar 2019

Tourism And The Developing World: A Comparative Analysis On Socio-Economic Development Between The Dominican Republic And Haiti, Megan Elise Reissig

Recreation, Parks, and Tourism Administration

The tourism industry has been growing exponentially throughout the world, both in developed and underdeveloped countries. The industry is normally considered means of economic growth for a destination, however there is much controversy as to whether the social effects are positive or negative. The purpose of this study was to compare strategies of socio-economic development through tourism in select developing countries. In the cases of the Dominican Republic and Haiti, tourism has contributed greatly to economic development, and both countries should continue focussing efforts on tourism for means of economic development. However, they should focus on educating their citizens so …


Solidarity Economy Lawyering, Renee Hatcher Dec 2018

Solidarity Economy Lawyering, Renee Hatcher

Renee Hatcher

This Essay explores lawyering in the solidarity economy movement as an emergent approach to progressive transactional lawyering. Solidarity economy is a set of value-driven theories and practices that seeks to transform the global economy into a just economy that centers the needs of people and the planet. While the solidarity economy movement in other parts of the world has been established for several decades, the solidarity economy movement in the United States emerged in 2007. Over the last decade the movement has grown and gained significant momentum, with the rise of solidarity economy organizations and initiatives, as well as the …


Cooperation Chicago: Building Chicago's Worker Cooperative Ecosystem, Renee Hatcher Jul 2018

Cooperation Chicago: Building Chicago's Worker Cooperative Ecosystem, Renee Hatcher

Renee Hatcher

No abstract provided.


Starting-Up Unregistered And Firm Performance In Turkey, Colin C. Williams Mar 2018

Starting-Up Unregistered And Firm Performance In Turkey, Colin C. Williams

Colin C Williams

Recent years have seen a questioning of the negative representation of
informal sector entrepreneurship and an emergent view that it may offer significant
benefits. This paper advances this rethinking by evaluating the relationship between
business registration and future firm performance. Until now, the assumption has been
that starting-up unregistered is linked to weaker firm performance. Using World Bank
Enterprise Survey data on 2494 formal enterprises in Turkey, and controlling for other
determinants of firm performance as well as the endogeneity of the registration
decision, the finding is that formal enterprises that started-up unregistered and spent
longer unregistered have significantly higher …


Undeclared Economic Activities Of Croatian Companies Findings From A Representative Survey Of 521 Companies, Colin C. Williams Sep 2017

Undeclared Economic Activities Of Croatian Companies Findings From A Representative Survey Of 521 Companies, Colin C. Williams

Colin C Williams

This report presents the findings of a survey on undeclared economic practices undertaken by Croatian companies. In order to obtain the rigorous evidence on undeclared work in Croatia, we previously investigated citizens’ experiences with undeclared work and the practice of envelope wages. With this representative survey of 521 companies, we focus on frequency of company engagement in the undeclared economy.


Greypolicybrief2_Macedonia.Pdf, Colin C. Williams, Peter Rodgers, Ruslan Stefanov Aug 2017

Greypolicybrief2_Macedonia.Pdf, Colin C. Williams, Peter Rodgers, Ruslan Stefanov

Colin C Williams

KEY POINTS
Ø  Undeclared work hasdeep roots in FYR of Macedonia. 1 in 16 adults and 1 in 8 of the employed engage in undeclared work. The use of informal connections to circumvent formal institutions is practiced by 35% of Macedonians.
Ø  Formal institutions in the country are underdeveloped. Unemployment also remains unusually high compared with the EU average.
Ø  The traditional repression approach to tackling undeclared work, which has been prioritised so far by the authorities, is ineffective.
Ø  Increasing penalties and surveillance/ control should at the very least be supplemented by public awareness …


Assessment Of Under-Declared Employment In Croatia, Colin C. Williams, Miroslav Radvansky, Miroslav Stefanik Jun 2017

Assessment Of Under-Declared Employment In Croatia, Colin C. Williams, Miroslav Radvansky, Miroslav Stefanik

Colin C Williams

This report evaluates ‘under-declared employment’, which is the practice where a formal employer pays a formal employee an official declared wage but also an additional undeclared (envelope) wage in order to evade the full social insurance and tax liabilities owed. The aim is to evaluate the prevalence, characteristics and distribution of this fraudulent wage practice in Croatia, to explain its existence, and to provide an evidence-based evaluation of the different policy approaches for tackling it, and a set of policy recommendations. 


An Evaluation Of Lfucg Economic Development: Making Strides Towards Strategic, Performance-Driven Partnerships, Sarah Ausmus Smith Jan 2017

An Evaluation Of Lfucg Economic Development: Making Strides Towards Strategic, Performance-Driven Partnerships, Sarah Ausmus Smith

MPA/MPP/MPFM Capstone Projects

Like many other municipal governments, Lexington utilizes a web of partnerships to support economic development. These relationships take many forms; LFUCG employs grants, tax incentives for businesses, and contracts with other organizations. Unlike some of its peers, though, LFUCG does not have a strategic plan in place to drive decision-making processes and sharpen its focus on outcomes. This report sets the foundation for future strategic management efforts by identifying opportunities and weaknesses that might be addressed by LFUCG through an environmental scan and establishing a performance management framework for existing contractual economic development partners. The key findings are as follows: …


The Informal Sector As A Path To Expanding Opportunities, Colin C. Williams Oct 2015

The Informal Sector As A Path To Expanding Opportunities, Colin C. Williams

Colin C Williams

Is the informal economy a help or a hindrance to expanding the opportunities of the poor? Conventionally, it has been deemed a hindrance; an unproductive sphere that is deleterious to wider economic development and growth. Recently, however, a more positive depiction has emerged viewing it as a useful means of expanding the opportunities of the poor. This report reviews the arguments and evidence for viewing it more positively and how it might be harnessed in order to help expand the opportunities of the poor.  


Labor And Urban Crisis In Buffalo, New York: Building A High Road Infrastructure, Ian Greer, Lou Jean Fleron Sep 2015

Labor And Urban Crisis In Buffalo, New York: Building A High Road Infrastructure, Ian Greer, Lou Jean Fleron

Ian Greer

With inequality growing and competitive market forces on the march, can unions play a constructive role in solving the problems of capitalist economic development? Should they try? In this study of coalition building in Buffalo, New York we find that regular procedures of problem solving involving multiple coalition partners – what we call a high-road social infrastructure – have developed in the city. We discuss the progression of union approaches to economic development, including in-plant and regional labor-management partnership, community coalitions and the creation of labor-led nonprofit organizations. In response to long-term economic and social crisis, a group of union …


Navigating The Life Cycle Of Trust In Developing Economies: One-Size Solutions Do Not Fit All, Laura Hartman, Julie Gedro, Courtney Masterson Jun 2015

Navigating The Life Cycle Of Trust In Developing Economies: One-Size Solutions Do Not Fit All, Laura Hartman, Julie Gedro, Courtney Masterson

Laura Hartman

Trust is critical to the development and maintenance of collaborative and cohesive relationships in societies, broadly, and in organizations, specifically. At the same time, trust is highly dependent on the social context in which it occurs. Unfortunately, existing research involving trust remains somewhat limited to a particular set of developed economies, providing a window to explore a culture's stage of economic development as a key contextual determinant of trust within organizations. In this article, we review the state of the scholarship on trust and identify those qualities of trust that are common in organizations at similar stages of economic development, …


Examining The Impact Of Casinos On Economic Development: A Spatial Analysis Of The Counties In The Mid-Atlantic Region, Andrew J. Economopoulos Jan 2015

Examining The Impact Of Casinos On Economic Development: A Spatial Analysis Of The Counties In The Mid-Atlantic Region, Andrew J. Economopoulos

Business and Economics Faculty Publications

Few have formally evaluated the economic impact of casinos, and yet most agree that it is crucial in estimating the net benefit to society. A new casino investment should stimulate economic activity in the immediate region, but its operations could potentially reduce employment and incomes within the industry. Grinols outlines the factors that could lead to positive or negative growth from the investment, but what is critical to the empirical validation of the investment is the definition of region. Since data is geographically limited to political boundaries, it is necessary to employ a spatial methodology that captures the impact beyond …


Barriers To Women In Economic Development, Rachel Ann Rawlings Dec 2014

Barriers To Women In Economic Development, Rachel Ann Rawlings

Undergraduate Honors Capstone Projects

The focus of my research is on Ghana, because I completed a microfinance internship there. The methodology of this research is a combination of direct observation, interviews, and secondary research. Women in Ghana are limited from obtaining greater economic power by formal and informal barriers. Formal barriers are systematic exclusions from resources that prevent women from pursuing greater levels of power, specifically lack of access to capital and unstable political institutions. Informal barriers are perceived by individuals or societies but are not evidenced in the societal structure. Informal barriers that hinder women from progress include community restraints regarding the role …


Dialogues With The Informal City: Latin America And The Caribbean, Ariel C. Armony, Adib Cure, Carie Penabad Jan 2014

Dialogues With The Informal City: Latin America And The Caribbean, Ariel C. Armony, Adib Cure, Carie Penabad

Center for Latin American Studies Publications

This publication, based on the symposium Dialogues with the Informal City: Latin America and the Caribbean, connects a range of fundamental themes affecting the current conditions and future of Latin America’s growing informal cities and, by extension, the rising global urban population. Informal cities can be described as settlements frequently characterized by organic physical patterns built incrementally over time as the needs and circumstances of a community change. While undeniably precarious in construction, informal cities exhibit underlying urban and architectural patterns of remarkable resilience; moreover, they reflect their inhabitants’ enduring cultural values. While seriously affected by poverty and violence, …


Economic Empowerment Through Income Generating Activities And Social Mobilization: The Case Of Married Amhara Women Of Wadla Woreda, North Wollo Zone, Ethiopia, Belete Deribie Woldegies Jan 2014

Economic Empowerment Through Income Generating Activities And Social Mobilization: The Case Of Married Amhara Women Of Wadla Woreda, North Wollo Zone, Ethiopia, Belete Deribie Woldegies

Antioch University Dissertations & Theses

Wadla Woreda is located in North Wollo Zone, Amhara Regional State, Ethiopia. The woreda is predominantly agrarian and the population produces mainly subsistence food crops with small amounts of cash crops. Access to basic social and economic services such as health, education, and employment for rural communities is limited due to poor development of rural infrastructure. Wadla is one of the food insecure woredas in the region. As a result some of the people are internally displaced and a portion of the population is included in safety-net programs. The Wadla Woreda is prone to famine due to severe droughts, soil …


Informal Employment In Developed And Developing Economies: Perspectives And Policy Responses, Colin C. Williams Dec 2012

Informal Employment In Developed And Developing Economies: Perspectives And Policy Responses, Colin C. Williams

Colin C Williams

The aim of this introductory article is to provide a critical overview of
how informality has been defined and measured, together with selected findings
on its extent and character, and a summary of competing views regarding its role
in contemporary economies and how it can be tackled. The outcome is a set of
conceptual frameworks for understanding both the burgeoning literature on informal
employment and how each of the perspectives presented in this Special Issue
contributes to the advancement of knowledge on this subject so as to set the scene
for the articles that follow.


Marketing And Public Policy: Transformative Research In Developing Markets, Clifford J. Shultz, Rohit Deshpande, Bettina Cornwell, Ahmet Ekici Oct 2012

Marketing And Public Policy: Transformative Research In Developing Markets, Clifford J. Shultz, Rohit Deshpande, Bettina Cornwell, Ahmet Ekici

School of Business: Faculty Publications and Other Works

Developing markets are a challenge for researchers who study them and for governments, business leaders, and citizens who strive to improve the quality of life in them. The limitations of the dominant development paradigm coupled with the need to focus on consumers provide tremendous opportunities to engage in truly transformative research. Toward this outcome, several interactive forces must be understood and addressed during research design, management, and implementation. The purpose of this essay is to provide a synthesis—that is, a framework in the form of a conceptual model—with practical applications to transformative research in developing markets and, ultimately, with the …


Explaining The Persistence Of The Informal Economy In Central And Eastern Europe: Some Lessons From Moscow, Colin C. Williams Dec 2011

Explaining The Persistence Of The Informal Economy In Central And Eastern Europe: Some Lessons From Moscow, Colin C. Williams

Colin C Williams

To evaluate critically the competing explanations for the persistence of the informal economy that variously represent this sphere as a residue, by-product, alternative and/or complement to the formal economy, this paper reports a survey of livelihood practices in 313 Moscow households. The finding is that the majority of households primarily depend on informal work to secure their livelihood and that although each and every theorisation is wholly valid with regard to particular types of informal work and/or specific population groups, no one articulation fully captures the diverse nature and multiple meanings of the informal economy in contemporary Moscow. The paper …


From Market Hegemony To Diverse Economies: Evaluating The Plurality Of Labour Practices In Ukraine, Colin C. Williams, Peter Rodgers Dec 2011

From Market Hegemony To Diverse Economies: Evaluating The Plurality Of Labour Practices In Ukraine, Colin C. Williams, Peter Rodgers

Colin C Williams

Drawing inspiration from a burgeoning corpus of scholars who have begun to question
the narrative of impending market hegemony, this paper seeks to further advance this
emergent ‘diverse economies’ literature by constructing a conceptual framework for
representing the multiple labour practices in economies. Transcending the simplistic
market/non-market dichotomy, this conceptualises multiple kinds of labour existing along
a spectrum from market-oriented to non-market oriented practices, which is cross-cut by
another spectrum ranging from wholly monetised to wholly non-monetised practices. The
resultant portrayal of a plurality of labour practices that seamlessly merge into each other
is then applied to understanding the types …


Jde 2012 Ghana Motives.Pdf, Colin C. Williams Dec 2011

Jde 2012 Ghana Motives.Pdf, Colin C. Williams

Colin C Williams

In recent years, there has been growing recognition in the entrepreneurship literature that many
entrepreneurs operate in the informal economy and that not all these informal entrepreneurs are doing
so out of economic necessity and because of a lack of choice. Instead, it has been asserted that some of
these informal entrepreneurs choose to exit the formal economy and trade on an off-the-books basis
more as a matter of choice. However, until now most research displaying this has been conducted in
advanced western and post-socialist economies. Little has been written on whether this is also the case
in third (majority) …


Evaluating Competing Theories Of Informal Entrepreneurship: Some Lessons From Ukraine, Colin C. Williams, Sara Nadin, Peter Rodgers Dec 2011

Evaluating Competing Theories Of Informal Entrepreneurship: Some Lessons From Ukraine, Colin C. Williams, Sara Nadin, Peter Rodgers

Colin C Williams

Purpose – The purpose of this paper is to evaluate critically the competing theories of informal
entrepreneurship that variously represent such endeavour as a residue from a previous mode of
accumulation (modernisation theory), a direct by-product of contemporary capitalism and survival
strategy for those marginalised from the circuits of the modern economy (structuralism), an endeavour
voluntarily pursued due to over-regulation in the formal economy (neo-liberalism) or a practice chosen
for social, redistributive, political or identity reasons (post-structuralism).
Design/methodology/approach – To evaluate these competing theories, a 2005/2006 survey
involving face-to-face interviews with 298 informal entrepreneurs in Ukraine is analysed.
Findings – …


From Market Hegemony To Diverse Economies: Evaluating The Plurality Of Labour Practices In Ukraine, Colin C. Williams Dec 2011

From Market Hegemony To Diverse Economies: Evaluating The Plurality Of Labour Practices In Ukraine, Colin C. Williams

Colin C Williams

Drawing inspiration from a burgeoning corpus of scholars who have begun to question the narrative of impending market hegemony, this paper seeks to further advance this emergent ‘diverse economies’ literature by constructing a conceptual framework for representing the multiple labour practices in economies. Transcending the simplistic market/non-market dichotomy, this conceptualises multiple kinds of labour existing along a spectrum from market-oriented to non-market oriented practices, which is cross-cut by another spectrum ranging from wholly monetised to wholly non-monetised practices. The resultant portrayal of a plurality of labour practices that seamlessly merge into each other is then applied to understanding the types …


Evaluating The Persistence Of Selfprovisioning In Central And Eastern Europe: Some Evidence From Post-Soviet Ukraine, Colin C. Williams, Sara Nadin Dec 2011

Evaluating The Persistence Of Selfprovisioning In Central And Eastern Europe: Some Evidence From Post-Soviet Ukraine, Colin C. Williams, Sara Nadin

Colin C Williams

Recently, it has become increasingly recognized that the reach of the market
economy is shallower than previously assumed and that other livelihood
practices persist, such as self-provisioning. However, neither the prevalence of
nor the rationales underpinning engagement in these non-market work
practices have been widely evaluated. To start to bridge this gap, this article
evaluates the extent of self-provisioning in post-Soviet Ukraine and the reasons
for engaging in such subsistence production. Until now, participants in selfprovisioning
have been portrayed either as rational economic actors, dupes,
seekers of self-identity, or simply doing so out of necessity or choice. Analyzing
face-to-face interviews …


Beyond Competing Theories Of The Hidden Economy, Colin C. Williams Dec 2010

Beyond Competing Theories Of The Hidden Economy, Colin C. Williams

Colin C Williams

Purpose – This paper aims to evaluate critically the validity of rival theorisations of the hidden economy that variously read this sphere as a leftover from a previous era, a by-product of a new emergent form of capitalism, a complement to formal employment or an alternative to the formal economy. Until now, the common tendency among economic theorists has been to either universally privilege one theorisation over others, or to represent each theory as valid in different places. Design/methodology/approach – To evaluate their validity to the city of Moscow, a survey is reported involving 313 face-to-face interviews with inhabitants conducted …


The Illusion Of Capitalism In Contemporary Sub-Saharan Africa: A Case Study Of The Gambia, Colin C. Williams Dec 2010

The Illusion Of Capitalism In Contemporary Sub-Saharan Africa: A Case Study Of The Gambia, Colin C. Williams

Colin C Williams

Purpose – This paper aims to evaluate critically the meta-narrative that there is no alternative to capitalism. Building upon an emerging body of post-structuralist thought that has begun deconstructing this discourse in relation to western economies and post-Soviet societies, this paper further extends this critique to Sub-Saharan Africa by investigating the degree to which people in the Gambia rely on the capitalist market economy for their livelihood. Reporting the results of 80 household face-to-face interviews (involving over 500 people), the finding is that only a small minority of households in contemporary Gambian society rely on the formal market economy alone …