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1991

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Articles 1 - 30 of 375

Full-Text Articles in Economics

Calculating Cost Of Production; Livestock: 1991 Revisisted And 1992 Forecast, John Cole, Burton Pflueger, Gene Murra Dec 1991

Calculating Cost Of Production; Livestock: 1991 Revisisted And 1992 Forecast, John Cole, Burton Pflueger, Gene Murra

Economics Commentator

No abstract provided.


An Economic Analysis Of The 1990-1991 South Dakota Retained Ownership Demonstration; Soviet Republics And Grain Prices, Dillon Feuz, John Wagner, Richard Shane Dec 1991

An Economic Analysis Of The 1990-1991 South Dakota Retained Ownership Demonstration; Soviet Republics And Grain Prices, Dillon Feuz, John Wagner, Richard Shane

Economics Commentator

No abstract provided.


The Role Of Agro-Industries In Promoting A Food Culture In Nigeria, M. O. Ojo Dec 1991

The Role Of Agro-Industries In Promoting A Food Culture In Nigeria, M. O. Ojo

Economic and Financial Review

The paper discusses in a general way the role of agro-industries in the promotion of a Nigerian food culture. It observes that the agro-industrial and trade policies pursued in the 1970s and early 1980s contributed immensely to a food habit characterised l1y preference for foreign and imported foods. Agro-industries in the present economic environment can contribute positively to the development of a Nigerian food culture through corporate promotions, investments in the production of local foodstuffs and funding of relevant research and development. The paper concludes that agro-industries should be supported in the development of an indigenous food culture by fostering …


Infusion Of Private Sector Capital In Rural Infrastructure Building In Lagos State, E. D. Balogun Dec 1991

Infusion Of Private Sector Capital In Rural Infrastructure Building In Lagos State, E. D. Balogun

Economic and Financial Review

This paper recognizes the constraints imposed l7y the weak rural infrastructure base in Lagos State given the swampy/riverine nature of her landscape and notes the dim prospects for overcoming them through public investments alone. Although the study recognizes that rural infrastucture is a public good, several cases are cited to show that private sector initiatives in the provision of rural infrastructural facilites and services can be successful. Among the financing mechanisms for infusing private sector capital into rural infrastructure building include rural development levies, strengthening of rural financial markets and special aids/grants from private and non-governmental agencies. For· these initiatives …


Industrial Development Coordinating Committee (Idcc) And Foreign Private Investment (Fpi) In Nigeria, J. A. Aremu Dec 1991

Industrial Development Coordinating Committee (Idcc) And Foreign Private Investment (Fpi) In Nigeria, J. A. Aremu

Economic and Financial Review

Policies that attract foreign private investment (FPI) have become the focus of considerable attention in many developing countries particularly since the beginning of the debt crisis in the 1980s. As part of Nigeria's strategy to stimulate foreign investment, the Federal Government of Nigeria established the Industrial Devel,opment Coordinating Committee (IDCC) in 1988 as a one-stop agency for facilitating andattractingforeign investment inflow. A study was initiated by the Research Department to assess the role of IDCC so far in stimulating the desi,:ed level of foreign investment in Nigeria. The study shows that IDCChasbeenrelativelyineffectiveasjudgedbytheforeigncapitalinflowwhichresultedfromtheIDCC's approved enterprises. The expected foreign capital inflow stood …


Foreign Private Investment In Nigeria In 1989, Central Bank Of Nigeria Cbn Dec 1991

Foreign Private Investment In Nigeria In 1989, Central Bank Of Nigeria Cbn

Economic and Financial Review

Although the report of the 1989 survey showed that for the first time ever, a net outflow was recorded by the foreign private enterprises in Nigeria, the development was a welcome one. The easier access to foreign . exchange which led to a net capital outflow of N439.4 million was made possible through the creation of new outlets for the purchase of foreign exchange introduced in 1989. The Bureau de Change which took off in mid -1989 was put in place by the federal government to compete with the informal parallel market and thus expand the foreign exchange market. Also, …


Cohen, Daniel, "The Management Of The Developing Countries' Debt: Guidelines And Application To Brazil" The World Bank Economic Review, Vol 2, No 1, January 1988, O. M. Fakiyesi Dec 1991

Cohen, Daniel, "The Management Of The Developing Countries' Debt: Guidelines And Application To Brazil" The World Bank Economic Review, Vol 2, No 1, January 1988, O. M. Fakiyesi

Economic and Financial Review

In this paper, the author articulates some basic principles which may be useful in formulating an effective debt management strategy for developing countries, using Brazil as a case study. He outlines the principles into four broad categories viz: Stretching out the Repayment of the Debt; Monitoring the levels of Exports and GDP; Ignoring the Creditors' Capital loss and Watching the Domestic Deficit..


Undp "Human Development Report, 1991" New York, Oxford University Press, 1991, S. C. Rapu Dec 1991

Undp "Human Development Report, 1991" New York, Oxford University Press, 1991, S. C. Rapu

Economic and Financial Review

The basic theme of the 1991UNDP'sHuman Development Report is °Financing Human Development". 'The report focusses on the need to enlarge the range of policy choices for a meaningful development of human resources. These choices include access to income and employment opportunities; education and health care services and clean and safe physical environment.


Bautista, R.M. "Agricultural Growth As A Development Strategy." Economic Impact No. 66 Pp. 24-28 1989, L. I. Odey Dec 1991

Bautista, R.M. "Agricultural Growth As A Development Strategy." Economic Impact No. 66 Pp. 24-28 1989, L. I. Odey

Economic and Financial Review

In this paper, the author attempts a further exposition on the on-going debate on the feasibility of adoption of an export-led strategy of economic development which considers" Agriculture- first" as the engine of growth. The au~or strongly supports an agricultural-based development strategy because it is capable of generating mass employment, it is anti-poverty as well as being an hl.come redistribution programme. This strategy, he reasons, should be particularly appealing to countries with a heavy debt service burden since it is a foreign-exchange conserving programme given the lowerimporrrequirements of agricultural growth and itslinka,geeffectscompared with those of industry-led import substitution strategy. He …


Instrumental Valuation Indicators For Natural Resources And Ecosystems, F. Gregory Hayden Dec 1991

Instrumental Valuation Indicators For Natural Resources And Ecosystems, F. Gregory Hayden

Department of Economics: Faculty Publications

Beldon Daniels, in the early draft of his latest book, which has a working title of Rediscovering America, 1992, has written that there have been four major eras in human history. The fourth, into which we are now evolving, according to Daniels, is the age of intelligence. Although the intelligence activity of the modern age both uses and directs the development of large quantities of data, information, and knowledge; a measurement concept, or unit for valuation has yet to be developed. The industrial age from which we are evolving, consistent with the technology of that era, has used industrial …


The Evolution Of Financial Practices And Financial Structures Among American Manufacturers, 1875-1905: Case Studies Of The Sugar Refining And Meat Packing Industries, William Michael Doyle Dec 1991

The Evolution Of Financial Practices And Financial Structures Among American Manufacturers, 1875-1905: Case Studies Of The Sugar Refining And Meat Packing Industries, William Michael Doyle

Doctoral Dissertations

Two salient features of late nineteenth century American economic development were the appearance of a multitude of large, horizontally or vertically integrated manufacturing corporations, and the emergence of a sophisticated market for industrial securities. According to most economist and economic historians, both of these developments can be attributed primarily to increased deficit financing requirements among late nineteenth century American manufacturers. This was presumed to have resulted largely from technological innovations in manufacturing that increased both total capital requirements and the minimum size of the required initial investment in many industries. These developments were thought to have necessitated the creation and …


The Choice Of A Mixing Distribution In Duration Models, Sanjiv Jaggia Dec 1991

The Choice Of A Mixing Distribution In Duration Models, Sanjiv Jaggia

Economics

The Hougaard mixing distribution is considered for a Weibull duration model. This distribution is flexible and also encompasses the gamma and the inverse Gaussian distributions making it useful in discriminating between alternate distributions.


Miscellaneous Matters And Prudential Guidelines, Ebhodaghe John Dec 1991

Miscellaneous Matters And Prudential Guidelines, Ebhodaghe John

Bullion

The banking industry is generally considered to be more regulated thon any other sector of the economy, This is largely due to the crucial role of financial intermediations played by the operators ln the industry. The review of the bonking lows particularly in on era of deregulation should therefore be seen as on important effort to enhance the efficiency, soundness and stability of the banking system. The regulatory and supervisory authorities are committed to safe and sound banking system and would therefore ensure compliance with all laws and regulations. lt would be seen from sections 46 mentioned above and other …


Opening Address On The Central Bank Decree 1991 And Banks And Other Financial Institutions Decree, 1991, A. Ahmed Dec 1991

Opening Address On The Central Bank Decree 1991 And Banks And Other Financial Institutions Decree, 1991, A. Ahmed

Bullion

Opening address by the Central Bank Governor, Alhaji A. Ahmed at the Workshop on the Central Bank Decree 1991 and Banks and Other Financial Institutions Decree, 1991


The Relation Of Cbn With Other Banks Under The New Cbn Decree No 24, Sadiq M. A. Dec 1991

The Relation Of Cbn With Other Banks Under The New Cbn Decree No 24, Sadiq M. A.

Bullion

This paper examines the work of Central Bank of Nigeria Decree No. 24 with relation with other financial institution. The study provided a window of assessment on some of functions of the bank, with a view to proffer a seamless solution to some of the impediments.


A General Review Of Banks And Other Financial Institutions Decree No 25 Of 1991, Shoroye G. Dec 1991

A General Review Of Banks And Other Financial Institutions Decree No 25 Of 1991, Shoroye G.

Bullion

This paper examines the activities of the Central Bank of Nigeria in relation to assigned function, duties and responsibilities to other financial Institution. it also evaluates legal responsibility of the board and it advisory role to ensuring monetary policy are checks.


Banking Operations And Emerging Monetary Policy Framework In Nigeria, Akatu A. P. Dec 1991

Banking Operations And Emerging Monetary Policy Framework In Nigeria, Akatu A. P.

Bullion

This paper presents an overview of the framework for the market oriented or indirect monetary control while the second examines the relevance provisions of Decree as it relates to that framework.


A Discourse On Regulation On Regulation And Supervision Of Other Financial Institutions, Obasohan O. G. Dec 1991

A Discourse On Regulation On Regulation And Supervision Of Other Financial Institutions, Obasohan O. G.

Bullion

A discourse on regulation and supervision of other financial institutions was an in-depth review of policy framework promulgated on the new Decree No. 2 1991, that empowered additional power to CBN to monitor other banks to ensuring monetary are manage head-on.


An Overview Of The Central Bank Of Nigeria Decree No. 24 1991, Ojo O. M. Dec 1991

An Overview Of The Central Bank Of Nigeria Decree No. 24 1991, Ojo O. M.

Bullion

This paper evaluates the effects of Decree No. 24 with relation to the core functional values of the bank to the economy.


Exchange Rate And Income Effects On South Korean Exports: The Us Case, Heather M. O'Neill, William Ross Dec 1991

Exchange Rate And Income Effects On South Korean Exports: The Us Case, Heather M. O'Neill, William Ross

Business and Economics Faculty Publications

This paper analyzes econometrically the effects of direct and cross exchange rates as well as US income and Korean supply developments on the volume of Korean exports to the US. The results suggest that US demand has been the most important factor in the growth of Korean exports to the US in recent years. However, direct exchange rate effects are also important; the estimates suggest that for 1989-90, a yearly 10% real appreciation of the won against the dollar would have lowered export volume by about 10% per year relative to a baseline case. Cross exchange rate effects run counter …


Inventory Accounting And Profit Evaluation, Riccardo Fiorito Dec 1991

Inventory Accounting And Profit Evaluation, Riccardo Fiorito

riccardo fiorito

In an inventory model with exogenous sales, FIFO and LIFO criteria are formalized and compared with national account estimates for intermediate and finished good products. The model is simulated using manufacturing input and output prices for Italy (1970-88). LIFO and NIPA estimates of inventory are usually close and also imply reliable measures of output levels and changes which can be shown by solving the quantity model. Conversely, FIFO exhibits larger profits and leads in real terms to unsatisfactory estimates of output changes.


A Bipartisan Approach To Economic Policy, Murray L. Weidenbaum Dec 1991

A Bipartisan Approach To Economic Policy, Murray L. Weidenbaum

Murray Weidenbaum Publications

Government needs to invest more in an expanding economy. This can be done by 1) devoting more of the budget to civilian R & D, education, and infrastructure; 2) restoring growth incentives such as an investment tax credit; 3) eliminating double taxation of dividends; 4) providing economic rationality to expanding government regulation; and 5) dealing with the inadequate education of a large portion of the labor force.


Japan Looks At An Uncertain China: The Role Of Japan's Aid To China, Yixin Yang Dec 1991

Japan Looks At An Uncertain China: The Role Of Japan's Aid To China, Yixin Yang

Graduate Program in International Studies Theses & Dissertations

This thesis discusses the role the Japanese aid has played in accommodating the structural change of Sino-Japanese economic relations and in dealing with the economic and political crisis that has jeopardized their bilateral relations and Japan's own national interest. Japan's early resumption of economic aid to China after Tiananmen reflects how aid philosophy differs from that of most of the other Western aid donors. The conclusions are that Japan's large loan to China has played a vital role in maintaining and strengthening Sino-Japanese economic relations, that the aid has made the interdependent relations between the two countries an asymmetric one, …


Regionalization Versus Globalization Of World Trade, Murray L. Weidenbaum Dec 1991

Regionalization Versus Globalization Of World Trade, Murray L. Weidenbaum

Murray Weidenbaum Publications

The European Community and the Asian Rim conduct the majority of their trade within their own regions. But international commerce is having more and more impact on the global economy.


The Economics Of The Refining Industry In Kuwait, Khalil Ibrahim Ahmad Dec 1991

The Economics Of The Refining Industry In Kuwait, Khalil Ibrahim Ahmad

Archived Theses and Dissertations

No abstract provided.


An Analysis Of Pooled Evidence From The Pennsylvania And Washington Reemployment Bonus Demonstrations, Paul T. Decker, Christopher J. O'Leary Dec 1991

An Analysis Of Pooled Evidence From The Pennsylvania And Washington Reemployment Bonus Demonstrations, Paul T. Decker, Christopher J. O'Leary

External Papers and Reports

No abstract provided.


Democracy And Capitalism: The Issue Joined From Within, Christopher E. Bischoff Dec 1991

Democracy And Capitalism: The Issue Joined From Within, Christopher E. Bischoff

Masters Theses

This study utilizes contemporary and classical literature to illuminate the complexities of Western democracy. Of specific focus is American democracy and the effects that capitalism has had upon democracy in America. The achievement of democracy on the scale of the modern nation-state appears problematic even without the adversarial burdens posed by a capitalist economic consort. It emerges that American democracy is particularly compromised by its roots in liberal tradition. Forced by nature to depend upon the allocative abilities of its economic consort, democracy must endure a relationship that dramatically undermines its ideological orientation. Although American democracy is not yet in …


The Role Of Federal Taxation In The Supply Of Municipal Bonds: Evidence From Municipal Governments, Gilbert E. Metcalf Nov 1991

The Role Of Federal Taxation In The Supply Of Municipal Bonds: Evidence From Municipal Governments, Gilbert E. Metcalf

Gilbert E. Metcalf

This paper considers ways in which federal tax policy affects municipal asset and debt holdings. The tax treatment of municipal bonds and income creates an arbitrage opportunity for communities to issue tax-exempt debt and invest in financial assets. The author presents evidence that suggests the rules in effect prior to 1986 to prevent this activity were not effective. He then develops and estimates a model of municipal bond supply. The author finds a semielasticity of 1.23 of long-term debt with respect to the spread between the after-tax rate of return and the municipal borrowing rate.


Naked Exclusion, Eric Bennett Rasmusen, J. Mark Ramseyer, John Wiley Nov 1991

Naked Exclusion, Eric Bennett Rasmusen, J. Mark Ramseyer, John Wiley

Eric Bennett Rasmusen

Ordinarily, a monopoly cannot increase its profits by asking customers to sign agreements not to deal with potential competitors. If, however, there are 100 customers and the minimum efficient scale requires serving 15, the monopoly need only lock up 86 customers to forestall entry. If each customer believes that the others will sign, each also believes that no rival seller will enter. Hence, an individual customer loses nothing by signing the exclusionary agreement and will indeed sign. Thus, naked exclusion can be profitable.


Keeping The Pols Honest With Regionalization, Chester Smolski Nov 1991

Keeping The Pols Honest With Regionalization, Chester Smolski

Smolski Texts

"The New England Governor's Conference will hold a meeting in Hartford on December 6 to address regional economic issues that are common to the six states located in the northeast corner of the country. During that same week, the towns of Warren and Bristol in Rhode Island will hold public sentiment for the sharing of schools in the two towns. As disparate as these two meetings appear to be, there is a commonality of purpose that marks both: regionalism."