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Articles 1 - 10 of 10
Full-Text Articles in History
Estimating The Xi Effect: How Chinese Aid Affects Economic And Political Institutions, Mackenzie Owens
Estimating The Xi Effect: How Chinese Aid Affects Economic And Political Institutions, Mackenzie Owens
Business and Economics Honors Papers
Under Xi Jinping, China has expanded its aid allocation worldwide and has introduced global infrastructure projects to connect itself to countries everywhere. With such ambitious aid allocation, China has been the recipient of both admiration and scorn on the international stage. This paper assesses these concerns using data from 2000 to 2017 to determine how Chinese aid affects recipient states’ economic and political institutions. Specifically, this research looked to ascertain if there is a measurable Xi Effect in recipient states. The quantitative analysis shows the Xi Effect is small and positive on economic institutions and political institutions, signifying Xi Jinping’s …
Becoming A Superpower: China’S Rise And The Belt And Road Initiative In Latin America, Garrett Bullock
Becoming A Superpower: China’S Rise And The Belt And Road Initiative In Latin America, Garrett Bullock
History Summer Fellows
Is China a Superpower? Will it become one? After half a century of establishing a strong international military presence, thriving economic growth, domestic/international political authority, and considerable cultural “soft power”, the PRC has emerged as a hegemon capable of competing in international geopolitics. Nevertheless, these questions remain unanswered. For this reason, this research explores what it means to be a superpower, whether China is or will be a superpower, and, importantly, what impact China’s rise has on the world. To do this, this research explores existing debates surrounding China’s current global status, the historical emergence of the PRC as a …
A House Of Cards: Free Banking In Antebellum Chicago, Miles J. Holtzman
A House Of Cards: Free Banking In Antebellum Chicago, Miles J. Holtzman
Business and Economics Summer Fellows
The Chicago free banking market of the antebellum period has more than once aroused the interest of historians and economists alike. Implemented in the state of Illinois in 1851, free banking was a common, though not universal occurrence in the United States at the time. The city of Chicago’s experience with free banking was anything but common, however. Within the first 18 months after the Illinois legislature enacted the Illinois Free Banking Law, 9 free banks had begun operation in Chicago and between them had an aggregate note issue of over $800,000. But by 1860, Chicago was home to but …
Caught In The Headlights: Revising The Road Kill Hypothesis Of Antebellum Illinois Bank Failures, Scott N. Clayman, Scott Deacle, Andrew J. Economopoulos
Caught In The Headlights: Revising The Road Kill Hypothesis Of Antebellum Illinois Bank Failures, Scott N. Clayman, Scott Deacle, Andrew J. Economopoulos
Business and Economics Faculty Publications
Illinois had a dismal free banking experience, with over 80% of its free banks failing by the start of the Civil War. Researchers agree that a dramatic change in bond prices was the catalyst, and some have shown that the riskiest banks, ex ante, were the most likely to fail. This study examines how Illinois free banks adjusted their portfolios in the face of increased political and financial risks prior to Abraham Lincoln’s election as president. Lincoln’s nomination in May 1860 and the Democratic Party schism in June 1860 raised the likelihood of secession and the potential for a significant …
Did Antebellum Illinois Free Banks Take Undue Risk With Their Bond Portfolios?: An Analysis Of Decision-Making Prior To The Civil War, Scott N. Clayman
Did Antebellum Illinois Free Banks Take Undue Risk With Their Bond Portfolios?: An Analysis Of Decision-Making Prior To The Civil War, Scott N. Clayman
Business and Economics Honors Papers
Free banks in Illinois could issue bank notes backed by state or U.S. bond collateral. A decline in bond prices as the Civil War approached resulted in banks being unable to redeem their noteholders in gold specie and subsequently resulted in bank failures. Previously economic historians believed that failures of free banks were due to wildcat banking rather than the portfolio allocation of free banks. Over time, other researchers have found that banks that took greater ex ante risk prior to the failure were more likely to fail. There were other price declines during the 1850s, in particular the Panic …
Opposing The Lottery In The U.S.: The Forces Behind Individual Attitudes Towards Legalization In 1975, Andrew J. Economopoulos
Opposing The Lottery In The U.S.: The Forces Behind Individual Attitudes Towards Legalization In 1975, Andrew J. Economopoulos
Business and Economics Faculty Publications
In the 1970s, opposition to the lottery started to fracture in the US. This study examines causes of the fracture and historical factors that contributed to changes in individual attitudes towards legalization. The opponents at the time held to traditional arguments against legalized lotteries—negative economic effects, costs to others and increased crime. Unlike in the past, however, there was weak religious institutional opposition to lotteries. Individuals with a strong commitment to their religious affiliation were more resistant to pro-lottery arguments, but in most cases could be convinced to support the lottery. The pre-World War II generation remained steadfast against the …
Japan's Economic Success Following Her World War Ii Defeat, Karen E. Davidock
Japan's Economic Success Following Her World War Ii Defeat, Karen E. Davidock
Business and Economics Honors Papers
This 78 page senior thesis examines the rate of Japan's economic growth since World War II.
An Evaluation Of The Chinese Economy 1949-1972, Gerald Green
An Evaluation Of The Chinese Economy 1949-1972, Gerald Green
Business and Economics Honors Papers
This 46 page thesis examines trends within the economy of China, focusing on the Five Year Plans, advances in agriculture and industry, and factors influencing economic growth.
The Marshall Plan: A Critique Of The European Recovery Program, Louis D. Stefan
The Marshall Plan: A Critique Of The European Recovery Program, Louis D. Stefan
Business and Economics Honors Papers
This 48 page thesis examines the Marshall Plan for European recovery following World War II.
Brazil; Our Economic Partner: A Study Of Brazil And The Future Of Our Trade, Dorothy Kleppinger
Brazil; Our Economic Partner: A Study Of Brazil And The Future Of Our Trade, Dorothy Kleppinger
Business and Economics Honors Papers
This 62 page thesis examines Brazil's history, resources, industrialization and relations with the United States.