Business Commons^™

Issues On Macro-Economic Management In Nigeria., Gianni Zanini

Bullion

This paper examines the main source of inflationary pressures, and established the source of destabilization of the exchange and interest rates as the Budget deficit which has been increasing at an unsustainable pace since 1990. It also ascertain that stabilizing the economy will require a significant and sustained budget surplus with no additional domestic bank borrowing. It states that economy stabilization will also require a liberalization of foreign exchange and credit markets.

Access To Capital And Technical Assistance, Richard J. Ward

New England Journal of Public Policy

This article summarizes and analyzes the views of select leaders in business, labor, banking, the government, and academia with regard to the constraints, obstacles, and recommendations to achieve economic growth in Massachusetts. The role of the state government in addressing these issues receives special attention. Access to capital and technical assistance had been regarded by many as the key constraint, particularly during the recession of the early 1990s. The author analyzes inconvenient government systems, bottlenecks, and bureaucracy as throttling the flow of capital to small-business entrepreneurs. The analysis concludes, however, that unless the state cum federal government finds ways to …

Improving Education And Training For Economic Development, Joan Mcrae Stoia

New England Journal of Public Policy

This article explores the connections between workforce quality and economic prosperity, as well as the role of the Massachusetts education and training system, in developing and preserving that quality and supporting the state's key industries. It includes a review of the most recent employment trend and projection data available from the Massachusetts Department of Employment and Training, information about several business-based workplace education models, and a discussion of the specific education and training needs of workers across the age/skill continuum. For the purpose of this discussion, the education and training system are broadly defined to include existing public, private, and …

A Case Study Of The Base-Closure Community Initial Redevelopment Process, Stephen R. Cliatt, Gregory A. Stanley

Theses and Dissertations

In 1990, Public Law 101-510 created the independent, five-year Defense Base Realignment and Closure Commission BRAC. This law provided for the Commission to meet in 1991, 1993, and 1995. The 1993 Commission recommended transfer of the Defense Electronic Supply Center DESC, a Defense Logistics Agency inventory control point, to Columbus, Ohio. This action resulted in an Air Force decision to close Gentile AFS, Kettering, Ohio. A case study of the closure and initial redevelopment of Gentile AFS was undertaken to construct a framework to be used by future redevelopment policy makers affected by a defense base closure. This framework covers …

The Role Of The Federal Government In The Civilian Conversion Of Military Installations: A Case Study Of Gentile Air Force Station, Jodie L. Eshbach, Calvin S. Hall

Theses and Dissertations

In 1988, the Department of Defense DOD began a massive series of military base closures. Communities affected by these closures must contend with regulations of numerous agencies which impact the closure process. Since 1961, DODs Office of Economic Adjustment OEA has assisted communities in their attempts to recover from effects of base closures. In the 1980s and 1990s, the governments level of involvement increased it added the Air Force Base Conversion Agency AFBCA and the Base Transition Office BTO to assist communities recovery efforts. Through a review of historical data, a case study of the conversion activities at Gentile Air …

Public Information Arrival, Thomas Berry, Keith Howe

Thomas D Berry

The authors develop a measure of public information flow to financial markets and use it to document the patterns of information arrival, with an emphasis on the intraday flows. The measure is the number of news releases by Reuter's News Service per unit of time. The authors find that public information arrival is nonconstant, displaying seasonalities and distinct intraday patterns. Next they relate their measure of public information to aggregate measures of intraday market activity. The authors' results suggest a positive, moderate relationship between public information and trading volume but an insignificant relationship with price volatility. Copyright 1994 by American …

Profiles In Enterprise: Delbert R. Belden, Entrepreneur, Don P. Diffine Ph.D.

Belden Center Books

From an early age, Del Belden developed an intense desire to succeed. He polished his tremendous powers of concentration. That, combined with unrelenting drive and experience along the way, helped him to capitalize on opportunities to prosper the lives of people whom he touched. The story of Del Belden and the family company, Lomanco, is really an examination of two sides of the same coin. Mr. Belden will always be a symbol, an exemplar of American energy and initiative.

Africa's Debt Burden In Historical Perspective, M. O. Ojo

Economic and Financial Review

The purpose of the paper is to outline the profile of Africa's debt burden since the early 1980s. The paper reviews the economic performance of African countries, trends in their external debt stock and structure as well as their debt burden measured by the conventional debt ratios. It also undertakes a review of the causes of increased debt burden of African countries. The major findings are that deteriorating economic performance in Africa since the early 1980s was accompanied by increased external debt burden fcatu1·ing lower export earnings, reduced income growth and mounting (paid and unpaid) external debt obligations. Some of …

Factors Affecting The Supply Of Paper In Nigeria, A. P. Awoseyila, K. M. Obitayo

Economic and Financial Review

This study reviews the developments in the paper industry with special focus on the supply and factors affecting the supply of paper in Nigeria. The study appreciates the strategic role of paper on socio-economic activities and is concerned with the downward trend in the supply of paper to the market. The data show the low capacity utilization and heavy revenue losses sustained over the years by the local pulp paper mills as well as the declines in the import supply of paper due to the scarcity of foreign exchange. The study attributes the factors constraining the supply of paper to …

Financing State Government Projects Through The Capital Market: Problems And Prospects, B. S. Adebusuyi

Economic and Financial Review

The paper discuses the problems and prospects of raising funds from the capital market to finance state government projects. The need for viable alternatives to finance government projeds had not only been a topical issue but one that had engaged the attention of policy makers. This has arisen because conventional sources of government project financing have been proving increasingly inadequate. From a short review of available options for financing government projects such as statutory allocations, internally generated revenue, bank and non-bank domestic borrowings, donations and taxation, the paper discusses the relative advantages of capital market financing of government projects, principal …

Foreign Private Investment In Nigeria - 1992, Central Bank Of Nigeria Cbn

Economic and Financial Review

The net flow of foreign private investment into the Nigerian economy in 1992 witnessed a substantial increase over the preceding year's level of 141,808.0 million to t48,264.2 million. The phenomenal jump was attributable to the renewed confidence in the economy by foreign investors. Gains from the current economy restructuring of the economy and the movement towards democratic government during the year were believed to be taking firm hold. Traditional investment flow components such as unremitted profits and changes in foreign share capital, which used to account for the substantial net inflows, dropped in 1992 from the previous year's levels. Trade …

An Applied Cge Model For Egypt, Fady Michel Kiama

Archived Theses and Dissertations

No abstract provided.

Analyzing And Evaluating Effects Of Reform Policy, Ghena Abou Taleb

Archived Theses and Dissertations

No abstract provided.

Central Bank Of Nigeria Monetary, Credit, Foreign Trade And Exchange Policy Guidelines For 1994 Fiscal Year: Monetary Policy Circular No. 28., Central Bank Of Nigeria Central Bank Of Nigeria

Bullion

This paper contains the outlines of the monetary, credit, foreign trade and exchange policy guidelines for banks and other financial institutions in Nigeria during fiscal 1994. The circular is structured into three sections and Appendix. Section one reviews developments in the economy and the policy environment in 1993 and thus provides the background to the policy measures for 1994. Section two details the monetary and credit policy measures and guidelines for banks and other financial institutions. The foreign trade and exchange policy measures for 1994 are highlighted in section three and list of prohibited import and export items is provided …

"A Nation Of Thieves": Securing Black People's Right To Shop And To Sell In White America, Regina Austin

All Faculty Scholarship

No abstract provided.

Controlling The Dark Side Of Relational Investing, Edward B. Rock

All Faculty Scholarship

No abstract provided.

Pricing Structure Analysis Of Consolidated Stores Corporation For The Purpose Of Creating An Analytical Approach To Minimizing Costs, Thomas Michael Kennedy

Masters Culminating Experiences (1993-2011)

The purpose of this paper is to analyze the pricing structure of Consolidated Stores Corporation at the region - district level. The company is responsible for three divisions beginning on May 1, 1994 but this analysis is restricted to the Odd Lots and Big Lots chain.

An Analysis Of Attitudes In Jefferson Township, Christine Ann Serrino

Masters Culminating Experiences (1993-2011)

In August and September of 1992, citizens of Jefferson Township and Wright State University's Center for Urban and Public Affairs surveyed Township businesses. They questioned businesses about factors that might impact their establishments and plans to retain or expand their operations in the Township.

The main objective of the Jefferson Township R & E Survey was to characterize business conditions and change in the Township. Survey objectives include identifying strengths, weaknesses and needs of businesses in the community. Equally important, the survey attempts to measure what impact future changes may have on business conditions. The information gathered from the survey …

International Exporting Business Experience Through The Greene County Pilot Export Assistance Program, Jian Wang

Masters Culminating Experiences (1993-2011)

The Greene County Pilot Export Assistance Project, an academic-corporate-government partnership program, is a dynamic program to assist small and medium-sized companies realizing export potentiality and capturing a share of international markets. This program is an ongoing program that is expected to last from one to two years. My part consisted of a one quarter study of the export assistance programs, processes and outcomes for selected Greene County firms, that were interested in expanding their existing export markets or have exportable products or services ready for the international market. The project entails training in the use of National Trade Data Bank …

The Political Economy Of External Debt: A Case Study Of Latin America, Elisabeth Ann Johnson

Masters Culminating Experiences (1993-2011)

I believe that high external debt service requirements act as a restraint on economic growth and aggravate macroeconomic and microeconomic imbalances within an economy. Large future repayments act as a tax on investment, both foreign and domestic, encourage capital flight, and decrease savings. Inflation increases due to currency devaluations that result from the promotion of export goods and services in international markets to repay the debt and uncertainty in the domestic financial markets. Austerity measures, designed to correct fiscal problems, decrease public expenditures and private consumption. The final result is a lack of economic growth and a decline in the …

Wage Bargaining With Time-Varying Threats, Peter Cramton, Joseph Tracy

Peter Cramton

We study wage bargaining in which the union is uncertain about the firm's willingness to pay and threat payoffs vary over time. Strike payoffs change over time as replacement workers are hired, as strikers find temporary jobs, and as inventories or strike funds run out. We find that bargaining outcomes are substantially altered if threat payoffs vary. If dispute costs increase in the long-run, then dispute durations are longer, settlement rates are lower, and wages decline more slowly during the short-run (and may even increase). The settlement wage is largely determined from the long-run threat, rather than the short-run threat.

The Determinants Of U.S. Labor Disputes, Peter Cramton, Joseph Tracy

Peter Cramton

We present a bargaining model of union contract negotiations, in which the union decides between two threats: the union can strike or continue to work under the expired contract. The model makes predictions about the level of dispute activity and the form the disputes take. Strike incidence increases as the strike threat becomes more attractive, because of low unemployment or a real wage drop during the prior contract. We test these predictions by estimating logistic models of dispute incidence and dispute composition for U.S. labor contract negotiations from 1970 to 1989. We find empirical support for the model's key predictions, …

Relational Investing And Agency Theory, Peter Cramton, Ian Ayres

Peter Cramton

This Article analyzes how, and when, corporate governance could be improved by utilizing "relational investing." The term relational investing is just coming into vogue and there does not yet seem to be a consensus on what it means. Although the term has been trumpeted on the cover of Business Week, before the Conference on Relational Investing at Columbia University, relatively little legal writing had been published on the subject. For the purposes of this Article, we define relational investing to encompass commitments to buy and hold significant blocks of a corporation's stock. And it is particularly important that the relational …

Statutory Encouragement Of Investment And Economic Development In The Republic Of China On Taiwan, Neil L. Meyers

Maryland Series in Contemporary Asian Studies

No abstract provided.

Industrial Resources: Pike County, Kentucky Library Research Collections

Pike County

"Resources for Economic Development: Pike County, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Pikeville-Pike County Industrial Development and Economic Authority (IDEA) and the the Pike County Chamber of Commerce, 1994. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Spencer County - Taylorsville, Kentucky Library Research Collections

Spencer County

"Resources for Economic Development: Taylorsville, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Taylorsville-Spencer County Chamber of Commerce, 1994. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Simpson County - Franklin, Kentucky Library Research Collections

Simpson County

"Resources for Economic Development: Franklin, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Franklin-Simpson County Chamber of Commerce and the Franklin Industrial Development Association, Inc., 1994. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Scott County - Georgetown, Kentucky Library Research Collections

Scott County

"Resources for Economic Development: Georgetown, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Georgetown-Scott County Chamber of Commerce, 1994. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Whitley County - Corbin, Kentucky Library Research Collections

Whitley County

"Resources for Economic Development: Corbin, Kentucky" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Corbin Industrial Development Commission, 1994. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Wayne County - Monticello, Kentucky Library Research Collections

Wayne County

"Resources for Economic Development: Monticello, Kentucky" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with Monticello-Wayne County Chamber of Commerce and the Monticello-Wayne Industrial Foundation, 1994. The report includes, but is not limited to, information about: labor markets, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets and climate.