Social and Behavioral Sciences Commons^™

The Effect Of Environmental Change On Gdp, Jackson V. Barliant

Writing Across the Curriculum

Climate change is one of the most debated topics of the 21^st century. Not only has it been detrimental to our eco-system, but it is beginning to redefine and reshape society. Can the U.S. economy continue to flourish while acknowledging the necessary steps that need to be taken in regard to combatting climate change? Yes, the inherent change within our environment due to climate change can not only be withstood by our economy, but it presents an opportunity to revolutionize and expand through innovation.

Connecticut Economic Outlook For 2018-2020: A Perspective From Sacred Heart University Students In Business Economics, Jack Welch College Of Business

WCBT Undergraduate Publications

The United States economy has been through its fair share of struggles in recent years. Following the 2008 Financial Crisis, many people were uncertain of how it was going to impact the future of American business, policies, and individual states economic potential. After the election of President Donald Trump, it is evident that there has been a great amount of growth in the United States economy, and the growth that has been made can be reflected in multiple ways. Using the tools and knowledge we have obtained in our Economic and Financial Forecasting course at Sacred Heart University, we are …

Connecticut Economic Outlook For 2013-2015: A Perspective From Sacred Heart University Students In Business Economics, Jack Welch College Of Business

WCBT Undergraduate Publications

Final Research Project for EC392 – Economic and Financial Forecasting. Instructor: Dr. Lucjan T. Orlowski - Professor and Chair, Department of Economics and Finance, John F. Welch College of Business, Sacred Heart University.

The state of Connecticut has been severely impacted by the recent financial crisis, perhaps more greatly than other states. It was our objective to apply the skills we have acquired as an undergraduate class in Economic Forecasting at Sacred Heart University in Fairfield, Connecticut, to compare various economic indicators and trends of the State of Connecticut to those of the United States. We ultimately wanted to evaluate …

Connecticut Economic Outlook For 2011-2012: A Perspective From Sacred Heart University Students In Business Economics, John F. Welch College Of Business

WCBT Undergraduate Publications

Final Research Project for EC392 – Economic and Financial Forecasting. Instructor: Dr. Lucjan T. Orlowski - Professor and Chair, Department of Economics and Finance, John F. Welch College of Business, Sacred Heart University.

As an undergraduate class in Economic Forecasting at Sacred Heart University in Fairfield, CT, we evaluated the overall health and well being of both the Connecticut as compared to the United States. We wanted to determine where the fiscal policy of the Nutmeg State should be going in the future by looking at outlook for the real Connecticut economy, labor market developments, the public sector, the housing …

Africa's Economic Resurgence: Is It Possible?, Alka Jauhari

Political Science & Global Affairs Faculty Publications

Economic theory suggests that inequality between nations is caused by a failure to strike an optimal balance between capital, goods, and labor within a framework of appropriate rules and regulations. This leads to misallocation of a nation's resources - both capital and physical - resulting in distorted use and flow of capital and goods. Politics, regulation and policy-making lie at the heart of such "distortions" which come at a huge cost to societies. Due to these distorted flows, Africa was left behind in the race for economic development, as compared to the other regions of the world. Such distortions have …

Path To Financial Inclusion: The Success Of Self-Help Groups-Bank Linkage Program In India, Sivakumar Venkataramany, Balbir B. Bhasin

WCBT Faculty Publications

Financial inclusion has been a major theme in both industrialized and developing economies in the era of financial globalization. When microcredit institutions have received limited success in many countries, microfinance is being used in India for the purpose of accomplishing universal financial inclusion. This paper recognizes the overwhelming efforts of the Government of India and focuses on the success of the linkage between commercial banks and self-help groups (SHGs). The SHGs comprising predominantly women groups help in the social cause of alleviation of poverty, increase of sustainability, reduction of vulnerability, improvement of capacity building and help the weaker sections build …

Fostering Entrepreneurship: Developing A Risk-Taking Culture In Singapore, Balbir B. Bhasin

WCBT Faculty Publications

About 10 years ago the Singapore Government realized that entrepreneurial spirit was lacking in its general population. These conclusions were confirmed by an empirical survey, the Global Entrepreneurship Monitor (GEM), an annual assessment of the national level of entrepreneurial activity. The paternalistic and authoritative approach of the government contributed to the general population's averseness to participating in risk-oriented ventures. Removing impediments to entrepreneurship is a key challenge for the government and the business sector if the island republic is to maintain its national competitiveness. This article explores the various initiatives taken by the government to stimulate risk-taking and attempts to …

Export-Led Growth In Bangladesh: A Time Series Analysis, Hiranya K. Nath, Khawaja Mamun

WCBT Faculty Publications

This article examines time series evidence to investigate the link between exports and economic growth in Bangladesh. Using quarterly data for a period from 1976 to 2003 the article finds that industrial production and exports are cointegrated. The results of an error correction model (ECM) suggest that there is a long-run unidirectional causality from exports to growth in Bangladesh.

Indirect Transfers In Trade Among Former Soviet Union Republics: Sources, Patterns, And Policy Responses In The Post-Soviet Period, Lucjan T. Orlowski

WCBT Faculty Publications

Reports on indirect transfers in trade among the former Soviet Union Republics. The Former Soviet Union (FSU) was composed of 15 republics which were very unevenly endowed with human, physical and natural resources. To contain regional imbalances within the Union and to integrate all republics into a tight and centrally commanded division of labour, the central government operated a scheme of vertical fiscal redistribution between the Union budget and the republican budgets. Through this system poorer republics became net receivers of direct transfers and richer republics became net donors. This scheme, which collapsed with the dissolution of the Union in …