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Full-Text Articles in Economics
Institutions, Structural Policies, And Economic Development: Evaluating The Interrelationships Between Rule Spaces For Developing Countries, Jordan Pattison
Institutions, Structural Policies, And Economic Development: Evaluating The Interrelationships Between Rule Spaces For Developing Countries, Jordan Pattison
Student Summer Scholars Manuscripts
Research on long term economic development has consolidated around the central role of economic and political institutions. Within these institutional spaces, structural policies represent a subset of incentive structures with their own effects on economic behavior. To capture the separate effects of both institutional environments and structural policies, we construct an Institutional Index (II) and a Structural Policy Index (SPI) to evaluate their effects on income levels and short term growth rates for non-high-income states. This paper finds that both the II and SPI predict variations in income levels between non-high-income states, with the II producing a larger and more …
Remittances And Development: Local Empowerment And National Dependency, Abby Foy
Remittances And Development: Local Empowerment And National Dependency, Abby Foy
International Political Economy Theses
Remittances, or money that is sent by a migrant to their home country, have been increasingly viewed as a potential way to economically develop low to middle income countries. Presently, the level of remittances sent is higher than that of official developmental aid. Considering that remittances are private capital utilized by locals, the intervention of a non-profit or large international financial organization to spur developmental projects is perhaps not needed. For countries that are reliant on remittances, there are a considerable number of tradeoffs associated with this inflow of capital. Firstly, although difficult to quantify on a large scale, remittances …
Projects Of Economic And Social Development In The Global South: The 20th And 21st-Century Developmental Trends And Their Impacts, Malachi Okechi Chukwu
Projects Of Economic And Social Development In The Global South: The 20th And 21st-Century Developmental Trends And Their Impacts, Malachi Okechi Chukwu
2020 Symposium Posters
In the 1950’s Western countries promised to promote economic development in the underdeveloped world. However, the Global South remains behind, trapped in abject poverty. Eurocentric literature produced by mainstream scholars of economic growth in the past seven decades has continually promoted Structural Adjustment Programs and Millennium Development Goals designed to improve the Global South. Tragically, each of the West’s prescribed economic models failed at the expense of people of the Global South. The failure of Western promised growth led to an opportunity for China to offer an alternative model. Additionally, the long-term effects of the prescribed models of development have …
The Decline Of American Entrepreneurship: An Analysis Of Causes Of Macro Market Trends And A Changing American Economic System, Owen Flomberg
The Decline Of American Entrepreneurship: An Analysis Of Causes Of Macro Market Trends And A Changing American Economic System, Owen Flomberg
Chancellor’s Honors Program Projects
No abstract provided.
The Nuances Of Capital Controls In Economic Development: Argentina And Chile, Reagan A. Shane
The Nuances Of Capital Controls In Economic Development: Argentina And Chile, Reagan A. Shane
Global Tides
In this paper, I analyze the ways that capital controls affect growth and economic development in developing countries and emerging market economies and use the historical evidence of Chile and Argentina to demonstrate how countries may experience the effects of capital controls in different proportions. I then review additional academic literature and historical evidence in Chile and Argentina to determine what factors seem to determine the success or failure of capital control strategies. I find two influential factors in the determination of whether implementation of capital controls helps or hurts economic growth and development. The first is whether capital controls …
Migration And Neoliberalism: Do Diasporas Facilitate Pro-Market Policies At Home? Policies, Veronika Elizebeth Gillis
Migration And Neoliberalism: Do Diasporas Facilitate Pro-Market Policies At Home? Policies, Veronika Elizebeth Gillis
Senior Projects Spring 2020
The recent shift in migration literature towards a focus on migrant sending countries has been characterized by a negative impact of remittances on human rights and other political institutions. Furthering this literature, we claim that remittances increase neoliberal reforms in migrant sending countries. Given the multiplicity of incentives to support neoliberal policies on the part of the migrant, the remittance receiver, and the sending country’s government, we expect the remittance share of GDP to positively influence the presence of neoliberal policies in the migrant-sending country. Using the Fraser Institute’s Economic Freedom Index as a proxy for neoliberalism, we implement an …
Escaping The Snowstorm: Legal Rights And Economics In The Developing World, Zane Tolchinsky
Escaping The Snowstorm: Legal Rights And Economics In The Developing World, Zane Tolchinsky
CMC Senior Theses
In this thesis, I seek to provide a framework for developing nations making policy-decisions about legal rights, as in the realm of Rawlsian ideal theory, prescriptions for governments not living in conditions of moderate scarcity is lacking. I first springboard off Stephen Holmes and Cass R. Sunstein’s conclusion that “all legal rights are positive,” from their book, The Cost of Rights, to argue for the value of considering the economic implications of rights protections. I then propose that Holmes and Sunstein’s conclusion means that we can think of legal rights as goods to be purchased by governments. Next, I …