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Full-Text Articles in Social and Behavioral Sciences
Diaspora-Driven Development In Stateless Somalia: All Relationships Are Local Relationships, Joseph Alan Scheibel
Diaspora-Driven Development In Stateless Somalia: All Relationships Are Local Relationships, Joseph Alan Scheibel
Archived Theses and Dissertations
In the wake of state collapse, Somali society today has become decidedly globalized, leaning heavily on capital from its widely-dispersed diaspora funneled in through the conduits of an informal economic system for both subsistence and overall economic livelihood. Despite the great distances often separating them, Somalis remain linked by common ethnic and cultural bonds. These links are both social and economic, and are heavily reliant on telecommunications technology, a key concept discussed in this study. The Somali economy, driven largely by the widespread informal Hawalaad financial transfer system, bypasses the commercial and financial channels that have been voided by the …
Economic Development And Financial Liberalization: The Case Of Egypt And China, Yasmin Ahmed Allam
Economic Development And Financial Liberalization: The Case Of Egypt And China, Yasmin Ahmed Allam
Archived Theses and Dissertations
The potential of utilizing the liberalization of financial services for Egypt is great, however it is not yet realized. Egypt has made commitments under the OATS to liberalize its financial sector and therefore it has started its reform program which has been somewhat successful but it still needs deeper institutional reform. Egypt's banking system is still facing some problems as the country's largest banks are still state-owned and controlled, in addition to their suffering from cultural a technical limitations and bad loans. This paper aims to clarify that Egypt's financial liberalization will have a positive effect on economic development. This …