Economics Commons^™

Argentina And The Philippines: Similar Development Struggles, Jesus Felipe, Matias Vernango

Angelo King Institute for Economic and Business Studies (AKI)

ALTHOUGH the economies of Argentina and the Philippines are very different, the two share structural problems that make both nations’ development a complex process. The election of Javier Milei as the new president elect of Argentina, gives us the opportunity to review the differences and parallels between the two economies.

Milei is a radical libertarian populist economist with authoritarian tendencies. His proposals range from the dangerous in economics (dollarization, closing the Central Bank, a drastic reduction of social spending) and social issues (curtail human rights and democratic advances, loosen gun ownership laws, and the elimination of all those institutions that …

Is Democracy Good For Growth? | Development At Political Transition Time Matters, Di Sima, Fali Huang

Research Collection School Of Economics

Is democracy a better political regime for economic prosperity than autocracy? This paper shows that the answer depends on the initial economic development level during the democratic transition when the foundation of institutions was laid. Democracy facilitates growth only in countries that already have adequate development at transition time. These countries are more likely to create and sustain growth-enhancing institutions than others. Without appropriate development, democracy does not improve growth; this applies to about 40% of the third-wave democratized countries. These results are based on a sample of 153 countries in 1960–2010 and robust to various specifications and endogeneity issues.

Is Democracy Good For Growth? Development At Political Transition Time Matters, Di Sima, Fali Huang

Research Collection School Of Economics

Is democracy a better political regime for economic prosperity than autocracy? This paper shows that the answer depends on the initial economic development level during the democratic transition when the foundation of institutions was laid. Democracy facilitates growth only in countries that already have adequate development at transition time. These countries are more likely to create and sustain growth-enhancing institutions than others. Without appropriate development, democracy does not improve growth; this applies to about 40% of the third-wave democratized countries. These results are based on a sample of 153 countries in 1960–2010 and robust to various specifications and endogeneity issues.

Cutting Edge Technology Metros In The Mountain West, 2021, Sofia Takhtadjian, Elia Del Carmen Solano-Patricio, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet highlights data on cutting-edge technology metros in the Mountain West, as originally reported in the Commercial Cafe report, “Boulder Tops Silicon Valley as Most Cutting-Edge Metro in the U.S.” Of the top 30 cutting-edge metros in the nation, four are in the Mountain West: Boulder, CO (1st nationally); Denver, CO (7th nationally); Salt Lake City, UT (10th nationally); and Phoenix, AZ (27th nationally).

Strengthening The Southern Nevada Workforce Pipeline, Katie M. Gilbertson

Student Research

Workforce development has been a keystone in the discussion of economic diversification of Las Vegas for decades. The leisure and hospitality industry is the lifeline for the Southern Nevada economy due to the reliance on tourism as the city’s main economic driver. The leisure and hospitality industry requires physical labor and more face-to-face customer interaction than other employment sectors. Thus, these jobs often do not require high educational attainment, but rather sharp soft skills like effective listening, nonverbal communication, and negotiation strategies. While these are valuable traits, the lack of educational attainment within the leisure and hospitality workforce suppresses employees’ …

Aggregate Implications Of Barriers To Female Entrepreneurship, Gaurav Chiplunkar, Pinelopi K. Goldberg

Discussion Papers

We develop a framework for quantifying barriers to labor force participation (LFP) and entrepreneurship faced by women in developing countries, and apply it to the Indian economy. We find that women face substantial barriers to LFP. The costs for expanding businesses through the hiring of workers are also substantially higher for women entrepreneurs. However, there is one area in which female entrepreneurs have an advantage: the hiring of female workers. We show that this is not driven by the sectoral composition of female employment. Consistent with this pattern, we find even without promoting female LFP, policies that boost female entrepreneurship …

The Economics Of The Covid-19 Pandemic In Poor Countries, Edward Miguel, Ahmed Mushfiq Mobarak

Discussion Papers

The COVID-19 pandemic has upended health and living standards around the world. This article provides an interim overview of these effects, with a particular focus on low- and middle-income countries (LMICs). Economists have explained how the pandemic is likely to have differential consequences for LMICs, and demand distinct policy responses, compared to rich countries. We survey the rapidly expanding body of empirical research that documents its many adverse economic and non-economic effects in terms of living standards, education, health, and gender equality, which appear to be unprecedented in depth and scale. We also review research on successful and failed policy …

Darkness Falls Upon America’S Backyard: An Evaluation Of Central Appalachia’S Past Economic Woes And A Blueprint For The Region’S Future Economic Development, Jack Bergantino

Honors Scholar Theses

The United States prides itself as a nation that offers equity and opportunity to its citizens. However, in recent decades, regions of relative wealth and poverty have come to define the American landscape. Coastal communities have fared well with consistently declining rates of unemployment and increasing rates of college graduation. In contrast, Central Appalachia, which comprises parts of Kentucky, Tennessee, Virginia, and West Virginia, continues to falter with diverging employment and income levels relative to other areas of the country.

This report discusses the economic history of the Appalachian region and considers three case studies, concentrated in McDowell, Harrison, and …

Planning An Inclusive Entrepreneurial Ecosystem In Norfolk Virginia, Matthew A. Cline

Master of Urban and Regional Planning Capstone Projects

Provides an overview of Norfolk’s emerging entrepreneurial ecosystem and challenges associated with its disadvantaged entrepreneurs. Presents policy recommendations in creating more equitable environment for these small business ventures.

Vocational Training Programs And Youth Labor Market Outcomes: Evidence From Nepal, S Chakravarty, M Lundberg, Plamen Nikolov, J Zenker

Economics Faculty Scholarship

Lack of skills is arguably one of the most important determinants of high levels of unemployment and poverty. In response, policymakers often initiate vocational training programs in efforts to enhance skill formation among the youth. Using a regression-discontinuity design, we examine a large youth training intervention in Nepal. We find, twelve months after the start of the training program, that the intervention generated an increase in non-farm employment of 10 percentage points (ITT estimates) and up to 31 percentage points for program compliers (LATE estimates). We also detect sizable gains in monthly earnings largely driven by women who start self-employment …

Essays On Women's Issues And Economic Development, Amy Ramnarine

FIU Electronic Theses and Dissertations

This dissertation is composed of three essays under the recurring theme of women’s issues, child health and economic development. In the first chapter, I examine the effect of Child Marriage on the health outcomes of offspring in Bangladesh. I use an exogenous variation in drought and flood shocks as an instrument for Child Marriage and measure children’s health outcomes by stunting, from the height-for-age index. I develop a theoretical model to show that the decision to marry a daughter early is driven by the type of income shocks that a household is exposed to. From the empirical estimation, I find …

Community Development Law, Economic Justice, And The Legal Academy, Peter R. Pitegoff

Faculty Publications

The evolution of community economic development (CED) over the past several decades has witnessed dramatic growth in scale and complexity. New approaches to development and related lawyering, and to philosophies underlying these approaches, challenge us to reimagine the framework of CED. From the early days of community development corporations to today’s sophisticated tools of finance and organization, this evolution reflects “why law matters” in pursuit of economic justice and opportunity. Change is visible in new approaches to enterprise development and novel grassroots initiatives that comprise a virtual “sharing economy,” as well as intensified advocacy around low-wage work and efforts to …

A Targeted Approach? A Study Of Ngo Roles And Practices In Promoting Economic Development, Emma Shoaf

Mahurin Honors College Capstone Experience/Thesis Projects

In recent years, Non-Governmental Organizations (NGOs) have become key actors promoting economic development. Despite their rapid rise, there are still significant gaps in the development sphere regarding what NGOs do in specific contexts. This research evaluates how NGOs promote economic development among Palestinian refugees in Lebanon to give context to general trends within development literature. Through an in-depth case study of the NGO Cives Mundi and their recent development project Tatreez–focused on promoting economic empowerment among Palestinian refugee women through the formation of a weaving co-op–this study seeks to evaluate key advantages and disadvantages to NGO work in specific …

Foreign Aid And Economic Growth: A Post-Soviet Analysis Of Emerging Markets, Brett Michaelson

Stevenson Center for Community and Economic Development—Student Research

This paper examines the relationship between economic growth and aid receipts per capita in a post-Soviet world. Utilizing economic growth models and assumptions developed by Burnside and Dollar (2000), I find that general sources of foreign aid are detrimental to a country's economic growth. I find that net ODA per capita acts as a substitute for local government investment in pro-growth policies. As such, foreign aid should only be used in targeted and specific cases.

Do African Immigrants Enhance Their Home Nations’ Trade With Their Hosts?, Roger White, Bedassa Tadesse

Economics

Employing data on the immigrant stocks of 43 African home countries who reside in 110 host countries and on trade flows between these countries during the year 2005, we examine whether African immigrants exert positive effects on their home countries’ trade with the typical host country. Estimates from Tobit regression models indicate a one percent increase in the number of African immigrants in a given host country increases that country’s exports to and imports from the typical home country by 0.132 percent and 0.259 percent, respectively. Further evaluation of these effects from the perspective of each African home country reveals …

Setting The Agenda: Asia And Latin America In The 21st Century, Ariel C. Armony

Center for Latin American Studies Publications

Latin America and Asia are among the world’s fastest growing regions. Trade between Asia and Latin American and Caribbean countries has risen dramatically in recent years. It is undeniable that Asia now plays a formidable role in the economic development of the region. This publication emerges out of the University of Miami’s 2012 “Asia and Latin America in the 21^st Century” conference, where leaders from academic, policy, business, and media communities from around the world convened to address the macroeconomic trends, trade relations, and sociopolitical trends that have emerged as the links between Asia and Latin America strengthen. Organized …

Institutions, The Rise Of Commerce And The Persistence Of Laws: Interest Restrictions In Islam And Christianity, Jared Rubin

Economics Faculty Articles and Research

Why was economic development retarded in the Middle East relative to Western Europe, despite the Middle East being far ahead for centuries? A theoretical model inspired and substantiated by the history of interest restrictions suggests that this outcome emanates in part from the greater degree to which early Islamic political authorities derived legitimacy from religious authorities. This entailed a feedback mechanism in Europe in which the rise of commerce led to the relaxation of interest restrictions while also diminishing the Church's ability to legitimise political authorities. These interactions did not occur in the Islamic world despite equally amenable economic conditions.

The Coevolution Of Economic And Political Development, Fali Huang

Research Collection School Of Economics

This paper establishes a simple model of long run economic and political development, which is driven by the inherent technical features of di¤erent production factors and the political con‡icts among factor owners on how to divide the outputs. The main production factor in economy evolves from land to physical capital and then to human capital, which enables their respective owners (landlords, capitalists, and workers) to gain political power in the same sequence, shaping the political development path from monarchy to oligarchy and …nally to democracy with full su¤rage. When it is too costly for any group of factor owners to …

Culture Change, Lan Cao

Faculty Publications

No abstract provided.

The Agent Institute: Develop An Infrastructure For Agent-Based Research And Development For The State Of Maine, George Markowsky, James L. Fastook, Elise Turner, Roy M. Turner, Laurence Latour

University of Maine Office of Research Administration: Grant Reports

This award provides support to establish The Agent Institute (AI), an organization anticipated to become self-sustaining and generally enhance research and development for the State of Maine. The AI will promote interactions between industry and foster computer-technology research, specifically in software development and software-hardware relationships in the area of robotics. Industrial applications in extreme or hazardous environments will be emphasized because agent-based systems are designed to read/sense environmental information, make decisions, and take actions based on the information sensed and processed.

The award provides an initial two years of salary support to hire an executive director and an administrative assistant. …

Reflections On Market Reform In Post-War, Post-Embargo Vietnam, Lan Cao

Faculty Publications

No abstract provided.

Industrial Resources: Union County, Kentucky Library Research Collections

Union County

"Resources for Economic Development: Union County, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Union County Economic Development Foundation, Inc., Morganfield, Kentucky, July 2000. 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: Ohio County, Kentucky Library Research Collections

Ohio County

"Resources for Economic Development: Ohio County, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research, Frankfort, Kentucky, July 2000. 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: Logan County, Kentucky Library Research Collection

Logan County

"Resources for Economic Development: Logan County, Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Logan County Economic Development Commission, Russellville, Kentucky, July 2000. 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: Webster County, Kentucky Library Research Collections

Webster County

"Resources for Economic Development: Webster County, [Kentucky]" prepared by the kentucky Department of Economic Development, Division of Research in cooperation with the Webster County Economic Corporation, Dixon Kentucky, July 2000. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Webster County, Kentucky Library Research Collections

Webster County

"Resources for Economic Development: Webster County, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Webster County Economic Development Corporation, Dixon, Kentucky, July 2000. 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.

Industrial Resources: Madison County - Richmond, Kentucky Library Research Collection

Madison County

"Resources for Economic Development: Richmond, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Kentucky Industrial Development Corporation, Richmond, Kentucky, June 2000. 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: Lincoln County - Stanford, Kentucky Library Research Collections

Lincoln County

"Resources for Economic Development: Stanford-Lincoln County, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development Division of Research, Frankfort, Kentucky, June 2000. 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: Muhlenberg County, Kentucky Library Research Collections

Muhlenberg County

"Resources for Economic Development: Muhlenberg County, Kentucky" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation the Muhlenberg Economic Enterprise, Greenville, Kentucky, June 2000. 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: Rockcastle County - Mount Vernon, Kentucky Library Research Collections

Rockcastle County

"Resources for Economic Development: Mount Vernon, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Rockcastle County Development Board, Mount Vernon, Kentucky, May 2000. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, duel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.