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Full-Text Articles in Social and Behavioral Sciences

Weak-Form Market Efficiency And Calendar Anomalies For Eastern Europe Equity Markets, Francesco Guidi, Rakesh Gupta, Suneel Maheshwari Aug 2012

Weak-Form Market Efficiency And Calendar Anomalies For Eastern Europe Equity Markets, Francesco Guidi, Rakesh Gupta, Suneel Maheshwari

Suneel K. Maheshwari

No abstract provided.


A New "Grand Bargain" For The Commonwealth, Barry Bluestone Dec 2011

A New "Grand Bargain" For The Commonwealth, Barry Bluestone

Barry Bluestone

No abstract provided.


Resolving Large, Complex Financial Firms, Thomas Fitzpatrick, Mark Greenlee, James Thomson Oct 2011

Resolving Large, Complex Financial Firms, Thomas Fitzpatrick, Mark Greenlee, James Thomson

James B Thomson

How to best manage the failure of systemically important fi nancial fi rms was the theme of a recent conference at which the latest research on the issue was presented. Here we summarize that research, the discussions that it sparked, and the areas where considerable work remains.


Down But Not Out: The Future Of The Financial Services Industry, Arindam Bandopadhyaya, Miranda Detzler, Mohsin Habib Oct 2011

Down But Not Out: The Future Of The Financial Services Industry, Arindam Bandopadhyaya, Miranda Detzler, Mohsin Habib

Arindam Bandopadhyaya

The financial services industry is a key sector of the U.S. economy. It is a noteworthy contributor to the overall gross domestic product and is an important component of the gross state product for many states. With the downturn in the economy at the beginning of this decade and the accompanying declines in stock market values, the industry has been hit hard. Asset management firms have experienced sharp decreases in their assets under management; banks and insurance companies have had to refocus their operations and have become increasingly vulnerable to acquisition. As evidence grows stronger that it is unlikely that …


How Well Does Bankruptcy Work When Large Financial Firms Fail? Some Lessons From Lehman Brothers, Thomas Fitzpatrick, James Thomson Oct 2011

How Well Does Bankruptcy Work When Large Financial Firms Fail? Some Lessons From Lehman Brothers, Thomas Fitzpatrick, James Thomson

James B Thomson

There is disagreement about whether large and complex financial institutions should be allowed to use U.S. bankruptcy law to reorganize when they get into financial difficulty. We look at the Lehman example for lessons about whether bankruptcy law might be a better alternative to bailouts or to resolution under the Dodd-Frank Act’s orderly liquidation authority. We find that there is no clear evidence that bankruptcy law is insufficient to handle the resolution of large complex financial firms.


L'Unione Fiscal Svolta Per L'Europa, Jaime Luque, Massimo Morelli, José Tavares Oct 2011

L'Unione Fiscal Svolta Per L'Europa, Jaime Luque, Massimo Morelli, José Tavares

Jaime P. Luque

No abstract provided.


Impacts Of Social Upbringing On Family Integration In Military Life In Sudan, Professor Issam A.W. Mohamed Oct 2011

Impacts Of Social Upbringing On Family Integration In Military Life In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In a country on the eve of losing one third of its land, 80% of potential natural resources and 75% of external exports value, economic future seems gloomy. Many opinions were given for economic solutions after the Southern Sudan secession. However, that does not support a theoretical framework that those are the only reasons for the expected economic collapse. Our theory here is that such collapse already happened because of economic mismanagement, corruption and hoarding initiated by the calls for empowerment and carried out by the regime's members. Such acts extended to the banks, economic institutions and randomized privatization. The …


Multinational Companies And Investments In Sudan: Case Study Of Oil Exploration And Extraction, Professor Issam A.W. Mohamed Oct 2011

Multinational Companies And Investments In Sudan: Case Study Of Oil Exploration And Extraction, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The purpose of this paper is to present the role of multinational companies in general then its role in Sudan with particular emphasis on oil exploration and extraction. Chinese companies of multinationalities currently control the newly born oil industry in the country. Needless to say that the dire needs of the government because of its international isolation and sanctions compelled it to be subjected to bellow standards conditions in all economic and environmental aspects. The government accepted the conditions for the past twelve years. However, the secession of Southern Sudan into new country gives better re-negotiations opportunity to the newly …


Capital Account Liberalization, Financial Development And Industry Growth: A Synthetic View, Rachita Gullapalli, Barry Eichengreen, Ugo Panizza Oct 2011

Capital Account Liberalization, Financial Development And Industry Growth: A Synthetic View, Rachita Gullapalli, Barry Eichengreen, Ugo Panizza

Rachita Gullapalli

This paper synthesizes studies analyzing the effects of capital account liberalization on industry growth while controlling for financial crises, domestic financial development and the strength of institutions. We find evidence that financial openness has positive effects on the growth of financially dependent industries, although these growth-enhancing effects evaporate during financial crises. Further analysis indicates that the positive effects of capital account liberalization are limited to countries with relatively well-developed financial systems, good accounting standards, strong creditor rights and rule of law. It suggests that countries must reach a certain threshold in terms of institutional and economic development before they can …


Are Homegrown Islamic Terrorists Different? Some Uk Evidence, John Thornton Sep 2011

Are Homegrown Islamic Terrorists Different? Some Uk Evidence, John Thornton

John Thornton

We compare the characteristics of 77 homegrown Islamic terrorists in the UK to a representative sample of 1363 UK Muslims. UK Muslims are more likely to participate in terrorist acts if they are better educated and young. Other predictors of UK Muslims being involved in terrorism are employment status, UK citizenship, and ethnic origin.


Impacts Of Formal Financing On The Development Of The Sudanese Agricultural Sector, Issam A.W. Mohamed Professor Aug 2011

Impacts Of Formal Financing On The Development Of The Sudanese Agricultural Sector, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

The agricultural sector of Sudan is faced by many problems. In the irrigated schemes, the government who officially owns most of them there are entrenched managerial problems that brewed for more than six decades. Moreover, the privatization policies of those schemes provoked many outcries and protests. Large schemes like Gezira have collapsed, this year 2011, only 10% of its over one million hectares were cultivated. The rainfed farming is not different with lack of machineries, shortages of available labor and high priced agricultural inputs, it is not expected to fare better than the irrigated schemes. However, even if those problems …


African Economic Blocs And Trade: Case Study Of Comesa And Sudan, Issam A.W. Mohamed Professor Aug 2011

African Economic Blocs And Trade: Case Study Of Comesa And Sudan, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

Comprehensively, Economic Trade Partnerships and Blocs are important to a member country. However, with the continuing global financial distresses it is useful to evaluate them to maximize possible benefit. The question of joining, continue membership with the Comesa is vital to the Sudanese economy that presently stands in a very decisive time. The Common Market for Eastern and Southern Africa is a free trade area with nineteen member states stretching from Libya to Zimbabwe. COMESA formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. Nine of the member states formed a free trade area in …


Economic Papers Online, Issam A.W. Mohamed Professor Aug 2011

Economic Papers Online, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

Those are economic papers online on the pages of Econpaper by Issam AW Mohamed


Review Of The Role Of Agriculture In Sudan Economy, Issam A.W. Mohamed Professor Aug 2011

Review Of The Role Of Agriculture In Sudan Economy, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

The calamities of Sudan expand on daily basis. The secession of Southern Sudan has deprived the country of 25% of it total area, 24% of population, over 80% of its oil income. Moreover, it has separated with 75% of it vegetation cover and 30% of potential arable land. In addition, Sudan stands to tolerate at least 25% of its water resources. Economic situation precarious with the Darfur rebellions, the inception of Southern Kordofan's region civil strive and the inflamed complaints in its Blue Nile region. That resulted besides deprivation of oil revenues and other potentials to increased cost of national …


Effects Of The Humanitarian Aid, Internal Displacement On The Social Impacts In Sudan, Professor Issam A.W. Mohamed Aug 2011

Effects Of The Humanitarian Aid, Internal Displacement On The Social Impacts In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The study presented here reviews activities of NGOs in Sudan by surveying and studying the activities of Save the Children of United Kingdom. Activities of NGOs in Sudan were always a controversial issue that resulted in the expulsion of many in 2009. There were also precedents of such expulsions in previous and following years. The paper discusses humanitarian work in Sudan, positive and negative sides. The case study's activities of the Save the Children efforts in Jebel Aulia Internally Displaced People, specially their efforts in education were investigated. It is concluded that introduce invaluable help in educational field, building classes …


Testing For Weak Form Market Efficiency In Indian Foreign Exchange Makret, Anoop Sasikumar Aug 2011

Testing For Weak Form Market Efficiency In Indian Foreign Exchange Makret, Anoop Sasikumar

Anoop Sasikumar

This paper attempts to examine the weak form of market efficiency in the Indian foreign exchange market using a family of variance ratio tests. Monthly Nominal Effective Exchange Rate (NEER) data from April 1993-June 2010 were used for the analysis. NEER series was considered for the analysis as it is supposed to capture more information compared to the bilateral exchange rates. Three individual variance ratio tests as well as three joint variance ratio tests were used for the purpose of analysis. After analyzing the results from both individual and joint variance ratio test, it was concluded that Indian foreign exchange …


Global Financial Crisis And Effects On The Agricultural Sector Of Sudan, Issam A.W. Mohamed Professor Jul 2011

Global Financial Crisis And Effects On The Agricultural Sector Of Sudan, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

The severe impacts of the global financial crisis had effects on all world. However, in Sudan scientists and researchers were greatly shocked because of the governmental camouflaging on their real effects on the economy. Minister of National Economy and Finance denied the effects on the Sudanese economy. The governor of the Sudan Central bank did the same with emphasis from both that everything are quite and normal and that Sudan can absorb all shocks on its economic performance. Truly, they ave eaten their words in the following months and confessed the partial effects on the Sudanese economy. Moreover, after they …


Thieves Or Doctors, Armed Civil Conflicts In Darfur And Impacts On Education In Refugees Camps, Professor Issam A.W. Mohamed Jul 2011

Thieves Or Doctors, Armed Civil Conflicts In Darfur And Impacts On Education In Refugees Camps, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The study presented here depends on a field survey of refugees' camps in war strived Darfur region. The data are genuine from people and children. The expelling of NGOs from the region was a moral shock to the whole world, but in Darfur, it was a humanitarian catastrophe affecting the population. In this paper, I surveyed and analyzed data on what I consider the most important factor which are children and establish education as the base of the arguments introduced here. A case study is introduced which is Attash refugees or displaced camp were produced. Data were collected by field …


Impacts Of Sudan Macroeconomic Policy On Agriculture, Issam A.W. Mohamed Professor Jul 2011

Impacts Of Sudan Macroeconomic Policy On Agriculture, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

The crisis of Southern Sudan and eminent secession in 9 July 2011 is a nightmare to the Sudanese national economy. The dependence on oil revenue that controlled the country for the past 11 years and negligence of the other real economy's economic sectors, agriculture and industry severely threatens the country. That is not only with diminished returns but with also with economic nightmarish economic catastrophe, famine and internal implosion. Short-sightedness on utilizing the oil money that bubbled the economy atrophied the real economic sectors and disabled it from responding to secession consequences of parting with 75% of revenues from oil …


The Crisis Of A Nation (1), Professor Issam A.W. Mohamed Jul 2011

The Crisis Of A Nation (1), Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

This is the first part of a book I started writing in the year 2008 under the title of Sad Triology: The Crisis of a Nation. I name this chapter the Delirium as it represents the political response to what happens in the country due to the international outrage and pressures to Darfur Crisis. This part is narrating pressures on Sudan's Inqaz regime, specially after the Darfur region crisis and civil wars, the rage of the international society and responses, the impacts of the International Instututions including the ICC and the hunt for justice. All those qualitative variables had responses …


Wto-Doha Multilateral Trade Negotiations And Agriculture, Professor Issam A.W. Mohamed Jul 2011

Wto-Doha Multilateral Trade Negotiations And Agriculture, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The Doha Development Round or Doha Development Agenda (DDA) is the current trade-negotiation round of the World Trade Organization (WTO), which launched in November 2001. With the start of this round, non-trade concerns (NTCs) were explicitly renowned and integrated into the negotiation process. Generally, multi-functionality proponents attempt to resist agricultural trade liberalization by giving high support to protect their domestic producers. These are net food importing countries, some small countries with highly protected agricultural sector and large trade deficits in some main outputs and unfavourable agro-climatic conditions. The opponents of the multi-functionality argument all claim to recognize the legitimacy of …


Asset-Light: Common Sense Or Construct Impossible?, Rob Van Ginneken Jul 2011

Asset-Light: Common Sense Or Construct Impossible?, Rob Van Ginneken

Rob van Ginneken

No abstract provided.


Empowerment, Corruption And Economic Chaos In Sudan, Professor Issam A.W. Mohamed Jun 2011

Empowerment, Corruption And Economic Chaos In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In a country on the eve of losing one third of its land, 80% of potential natural resources and 75% of external exports value, economic future seems gloomy. Many opinions were given for economic solutions after the Southern Sudan secession. However, that does not support a theoretical framework that those are the only reasons for the expected economic collapse. Our theory here is that such collapse already happened because of economic mismanagement, corruption and hoarding initiated by the calls for empowerment and carried out by the regime's members. Such acts extended to the banks, economic institutions and randomized privatization. The …


Analysis Of Hiv/Aids Incidents In Sudan With Reference To Khartoum State, Professor Issam A.W. Mohamed Jun 2011

Analysis Of Hiv/Aids Incidents In Sudan With Reference To Khartoum State, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The present paper introduces results of an analysis conducted on data collected from Khartoum state for the yea 2009. It aims to apply statistical models for the HIV/AIDS data in Khartoum state centers of testing blood and counseling. AIDS is recognized as an emerging disease only in the early 1980s, AIDS has rapidly established itself throughout the world, and is likely to endure and persist well into the 21s century. AIDS has evolved from a mysterious illness to a global pandemic which has infected tens of millions less than 20 years. The importance of the study is to emphasize that …


Pillars Of Demise: Empowerment And Corruption, Economic Chaos And Political Disintegration In Sudan, Professor Issam A.W. Mohamed Jun 2011

Pillars Of Demise: Empowerment And Corruption, Economic Chaos And Political Disintegration In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In a country on the eve of losing one third of its land, 80% of potential natural resources and 75% of external exports value, economic future seems gloomy. Many opinions were given for economic solutions after the Southern Sudan secession. However, that does not support a theoretical framework that those are the only reasons for the expected economic collapse. Our theory here is that such collapse already happened because of economic mismanagement, corruption and hoarding initiated by the calls for empowerment and carried out by the regime's members. Such acts extended to the banks, economic institutions and randomized privatization. The …


Review Of Somalia, Greed, Colonization And Socioeconomic Impacts, Professor Issam A.W. Mohamed Jun 2011

Review Of Somalia, Greed, Colonization And Socioeconomic Impacts, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In a country that lost all feasible authorities for over twenty years economic future seems gloomy. No feasible economic solutions are seen. The paper review auspices of the Somalian tragedy and retort history of its last dictatorship, Siad Barri, the following civil conflict and the process of the present total war, everyone against everyone. Socioeconomic impacts are discussed along with the education situation and state human capital there.


Economics Of Water Use For Commodity Production In Scarcity Arid Regions: Kutum, Darfur, Issam A.W. Mohamed Professor Jun 2011

Economics Of Water Use For Commodity Production In Scarcity Arid Regions: Kutum, Darfur, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

The paper investigates water use in a rural village in semi-arid of Darfur region. Water use is viewed from the perspective of four production sectors: agriculture, rural industry, trade and services as well as domestic: drinking, cooking and sanitary uses. Water for these uses may be from three sources: rain water, surface water, and groundwater. This study focuses on groundwater. Results of a detailed survey indicate that groundwater use is dominated by agricultural activities including irrigated vegetables and grains, tree crops, and animal rearing. A ratio of water use to income generated is used as a measure of water intensity …


U.S. Appellate Court Ruling Deals Fatal Blow To Argentina Brady Bond Debt Swap, Mark J. Calaguas Jun 2011

U.S. Appellate Court Ruling Deals Fatal Blow To Argentina Brady Bond Debt Swap, Mark J. Calaguas

Mark J Calaguas

No abstract provided.


Do Investors Like To Diversify? A Study Of Markowitz Preferences, Martin Egozcue, Luis Fuentes García, Wing Keung Wong, Ricardas Zitikis May 2011

Do Investors Like To Diversify? A Study Of Markowitz Preferences, Martin Egozcue, Luis Fuentes García, Wing Keung Wong, Ricardas Zitikis

Martin Egozcue

No abstract provided.


Impacts Of The Political Regime On The High Education System Of Sudan, Professor Issam A.W. Mohamed May 2011

Impacts Of The Political Regime On The High Education System Of Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In totalitarian systems, especially that of dogmatic nature, education is often targeted to be devoted for the preparations of young generations and dedicating them to the regimes' structure and principles. However, such method negatively influences the educational system and renders the efficient inputs to students. The results can be manifested in deterioration of knowledge, human capital development and the future performance per se.