Economic History Commons^™

Chaebol And Korea's Industrial Finance, Murat Doral, Michael Patrono

Journal of Global Initiatives: Policy, Pedagogy, Perspective

The Korean economy is based on a government led and export oriented growth model centered on business groups or conglomerates known as chaebols which have close relationships with the government. The government led growth model, also known as Guided or Managed Capitalism, relies on a government dominated, but privately owned, business sector. The private business sector is itself dominated by chaebols which are family owned or controlled business groups. These groups are supported by preferential relationships with the government. While the chaebol system was an important element of South Korea's early industrial growth, it ultimately had to be reformed. The …

Impacts Of The Political Regime On The High Education System Of Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In totalitarian systems, especially that of dogmatic nature, education is often targeted to be devoted for the preparations of young generations and dedicating them to the regimes' structure and principles. However, such method negatively influences the educational system and renders the efficient inputs to students. The results can be manifested in deterioration of knowledge, human capital development and the future performance per se.

Effects Of Social Edification And Family Integration In Military Life In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The Sudanese army human components are unique in its composition. That is reflected in the country's political and social life. The independence of 1956 means fifty five of turmoil and turbulences. Democratically elected governments controlled the country for only ten years while the military institution's coup de etats took the rest. This paper studies the impacts of social upbringing on the families, military or civilians in order too shed lights on why all military, seemingly are possessed by the illusion of grasping power. The military seems built into the Sudanese society in superior form, i.e., above the law. Thus if …

The Free-Trade Doctrine And Commercial Diplomacy Of Condy Raguet, Stephen Meardon

Economics Department Working Paper Series

Condy Raguet (1784-1842) was the first Chargé d’Affaires from the United States to Brazil and a conspicuous author of political economy from the 1820s to the early 1840s. He contributed to the era’s free-trade doctrine as editor of influential periodicals, most notably The Banner of the Constitution. Before leading the free-trade cause, however, he was poised to negotiate a reciprocity treaty between the United States and Brazil, acting under the authority of Secretary of State and protectionist apostle Henry Clay. Raguet’s career and ideas provide a window into the uncertain relationship of reciprocity to the cause of free trade.

The Effects Of Walmart On Healthcare And Unionization: Is America Really Saving Money And Living Better?, Leyla Ziad

Honors Capstone Projects - All

As the largest private sector employer in the United States, corporate retail giant Walmart continues to make waves in United States culture and the economy since launching its first store in 1962. As Walmart seeks to expand, the validity of its consumer guarantee to “save money, live better” has been increasingly scrutinized, given Walmart’s use of controversial business practices, most notably its employee benefit policies and anti-unionization efforts. With over 1.4 million employees in the United States, there is much talk surrounding the potential costs of Walmart’s low prices. This study analyzes selected healthcare and unionization impacts of Walmart in …

Echoes From Geneva: Finding John Calvin’S Socio-Economic Interests In The Modern World, Brenda K. Savage

Master of Liberal Studies Theses

Through an examination of John Calvin’s intentions in ending the prohibition on usury and the practical application of his teachings in sixteenth-century Geneva, and a consideration of the elements of poverty, social outcasts, and exploitation common to both Geneva and the modern world, it can be argued that the Reformer has much to offer of continued relevancy for those seeking to engage their contemporary world by finding alternatives that can help the financially disenfranchised. Calvin is often referred to as the “Father of Modern Interest,” and as such many people have directly blamed him for the exploitation associated with capitalism. …

Economic Outcomes And Economic Impacts Of Immigrants To Canada, Charles Beach

Western Migration Conference Series

Bio:

Charles Beach is a Professor of Economics at Queen's University where he has taught since 1972. He was an Editor of Canadian Public Policy/Analyse de politiques (1995-02) and Director of the John Deutsch Institute (2001-09). He was a co-founder of the Canadian Econometric Study Group, Canadian Employment Research Forum, and Chair of the Data Liberation Initiative at Statistics Canada. He has published 15 books and a large number of research and policy papers. His current research interests are on Canadian immigration policy and experience, and on labour market and retirement policy.

The Labor Market Effects Of U.S. Immigration: What Is The Latest Evidence?, Orn Bodvarsson

Western Migration Conference Series

Bio:

Örn Bodvarsson is Professor of Economics, Chair of the Department of Management, and Interim Chair of the Department of Social Work at St. Cloud State University. He is also a Research Fellow at the Institute for the Study of Labor (IZA) in Bonn, Germany. A labor economist, Bodvarsson has been working in the immigration field since 2001, focusing on host country distributional effects of immigration, determinants of migration, internal migration in China, and wage discrimination against the foreign-born. In 2009 Springer published his co-authored book, The Economics of Immigration: Theory and Policy, recently reviewed in Journal of Economic …

Systems Views Of The Economics Of Sustainable Development, Joshua Hughes

Systems Science Friday Noon Seminar Series

The mainstream economics of the 20th century (and now 21st century) has often failed to predict what will happen--or explain what has happened--in the real world, even with (or because of?) an ever-increasing reliance on quantitative and computational methods. Since the mid-20th century a number of people part of, or closely associated with, the systems community--economists among them--have provided insights about what is wrong with "traditional" economics. Systems science offers a number of alternative methods for understanding economic systems that take heed of these criticisms, especially in the context of sustainable development. Yet, while promising, few of these alternatives …

An Overview Of Economic Patterns Of Partnerships Between Developing And Rich Countries With Special Reference To Usa And Sudan, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

The current paper presents unique approach to economic analysis where the theoretical framework applied here postulates that relationships between rogue countries, such as Korea, Syria, Iran and Sudan necessarily are potential parts for an economically mutual and viably profitable partnership. The paper reviews such relationships, especially between African and European countries like Lume and kotono. I first present a review of existing trade and economic partnerships. Next, I discuss economic relationships between developed and developing countries. It is revealed that in some instances, the predatory nature of those agreements and partnerships are manifested which atrophy the basic potentials of the …

Opening The System: (Re)Writing Value Theory Discursively, David Kristjanson-Gural

Faculty Journal Articles

In this article I argue that modern and postmodern critics of value theory share the premise that Marx’s theory of value disables the project of emancipatory social change. The modern critics claim the theory is logically flawed and must be either resituated in a consistent logical framework or replaced by a Sraffian alternative. The postmodern critics claim that the theory is necessarily reductionist and excludes or renders secondary important axes of social struggle. I argue that by using a poststructural logic, Marx’s theory of value can be interpreted in a way that both overcomes the perceived consistencies of the modern …

Poverty Alleviation, Banks' Structures And Islamic Financing In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The continuous regressions in the per capita income of the Sudanese people have triggered many suggestions to ameliorate their productive capabilities. One of them was the facilitations in financing programs through official channels. However, there are many structural impediments that inhibit those programs. One of the financial programs was the Small or miniature financing in addition to the establishment to specialized Banks as the Family Bank. The current paper discusses issues of financing in Sudan as part of programs initiated to improve income per capita. Islamic and regular financing systems are analyzed in order to explain existing impediments. Then Family …

Price Ceilings And Rationing: The Base Ingredients Of The Black Market Food Industry In Nevada During World War Ii, Richard B. Keeton

Psi Sigma Siren

After the Empire of Japan bombed Pearl Harbor, Americans braced themselves for what would surely be a long, hard-fought war. In World War II, brave young United States soldiers made the ultimate sacrifice across the seas on both the European and Pacific fronts. However, the millions of citizens on domestic soil also made countless sacrifices in a national mobilization to support the war effort. People in Nevada and across the nation gave up everyday conveniences and seemingly ordinary items to show their support for the troops. Government agencies instituted tight rationing guidelines on a variety of consumer goods. Perhaps the …

America's Turning Point, Jeffrey Rogers Hummel

Faculty Publications

No abstract provided.

The Question Of Slavery, Jeffrey Rogers Hummel

Faculty Publications

No abstract provided.

The Question Of Slavery, Jeffrey Rogers Hummel

Jeffrey Rogers Hummel

No abstract provided.

America's Turning Point, Jeffrey Rogers Hummel

Jeffrey Rogers Hummel

No abstract provided.

Implications Of Economic Interactions Between Northern And Southern Tribes Of Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The present paper discusses issues of the tribal interactions living on the borders between North and South Sudan. Foresights are looked for, especially after secession. There are multiple ethnic relations and mutual resources collectively utilized. Different tribes live on those resources, in specifics those who depend on a livelihood of herding cattle, camels, sheep and goats. The conceptions of no-borders, free water resources and open range were entrenched for hundreds of years. The sudden realization of necessities of new borders generates revulsion, sense of deprivation and end of traditional life practice. Additionally, development issues are weak with lack of infrastructure, …

Economic Perspectives Of Indigenous Knowledge Systems, Technology Transfer And Rural Water Use In Darfur, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

Civil strife, human sufferings are the signs pronounced by international media. There are political ramifications of the Darfur crisis, however, there are also the problems of water availability and methods of utilization. The current paper analyzes field data survey collected from the town of Kutum, Northern Darfur where the civil crisis started. The focus is on studying methods and utilization efficiency in the area. It is concluded here that it is important to revise technological transfer to me integrated with the indigenous knowledge for better and sustainable water use in Kutum, Darfur.

Using Garch Model In The Analysis Of Trade Liberalization And Poverty In Developing Countries, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The current paper reviews impacts of trade liberalization on developing countries and levels of poverty. The expected impacts of multilateral trade liberalization on wage levels and subsequent poverty are implored. Empirical Auto-regression models are visualized to develop a different set of strategies and programs to provide real benefits to the poor with real benefits. It is concluded that GARCH updating formula takes the weighted average of the unconditional variance, the squared residual for the first observation and the starting variance and estimates the variance of the second observation. This input into the forecast of the third variance and so forth. …