Business Commons^™

Review Of Policy And Developmental Objectives In Agricultural And Agro-Based Industrial Financing., G.O. Evbuomwan, E.U. Ukeje, F.A. Afelumo

Bullion

This paper reviews and appraise the role of government credit policies in the development of agriculture and agro-based industries in Nigeria. The paper is organized into five sections. Section I reviews the objectives of agricultural development and its role in overall economic development. Section II highlights some major policy measures designed to achieve stated agricultural and agro-industrial development objectives, the major sources of financing and institutions established to support agricultural and agro-based industries are appraised in Section III, while Section IV contains the lessons of experience and implications for policy. Section V summarizes and concludes the paper.

Long Range Economic Forecast To 2005, Maine State Planning Office

Maine Collection

Long Range Economic Forecast to 2005

Maine State Planning Office, December 1993 ("Printed under Appropriation Account Number 010 07B 13000 012").

Contents: Preface / Overview / Population Change / Economic Sector Analysis / Appendices

Modern Techniques Of Bank Administration, C. E. Agene

Bullion

This paper examines the basic theories and concepts underlying bank management. The paper noted that portfolio management, especially the funds management aspect, represented the core of sound bank planning and financial control. The paper identified principal methods of assets and liability management including liquidity and asset management, forecasting, resource allocation, foreign exchange management and gap management were discussed. The twin concepts of overall bank liquidity and balance sheet interest rate sensitivity management are also highlighted. The paper further observed that that portfolio management in banks being an intricate matter usually requires the setting up of management committees to take charge …

Auctions For Transferable Objects: Theory And Evidence From The Vehicle Quota System In Singapore, David K. C. Lee, Winston T. H. Koh

Research Collection Lee Kong Chian School Of Business

This paper studies the hypothesis that auctions with resale markets result in higher prices. The vehicle quota system introduced in Singapore in May 1990 provides the setting. The Certificates of Entitlement (COEs) necessary to purchase new cars were initially transferable for all quota categories. After October 1991, COEs for four major categories became non-transferable. Our results indicate that while the conversion to non-transferability eliminated speculation, it has also intensified competition among car distributors. Auctions for non-transferable COEs in fact led to higher COE prices in three of the four categories.

The Value Line Enigma Extended - An Examination Of The Performance Of Option Recommendations, Jack B. Broughton, Don M. Chance

Business Faculty Articles and Research

We extend the research on the Value Line Enigma by examining the performance of call recommendations in Value Line Options. Galai's hedge decomposition procedure identifies the components of the calls' returns. Abnormal call returns were most pronounced immediately following the purchase, which is consistent with studies of Value Line's stock rankings. The largest and most significant abnormal performance was by calls assigned the highest rank written on stocks judged by Value Line to be correctly priced. Abnormal call return performance by joint call and stock ranks was consistent with the hypothesis that Value Line identifies underpriced call options.

Domestic Monopoly, Quotas & Contestable Rents, William Rieber

William Rieber

Some Strategies For Development Of Nigeria's Agricultural Sector In The 1990s, G. E. Ukpong

Economic and Financial Review

This paper reviews the major policy measures Introduced by the government to Induce growth of output of the agricultural sector and accelerate Its development. Some measures adopted before the Introduction of the Structural Adjustment Programme (SAP} Included producer prices selling through Marketing Boards, establishment of financial Institutions and Funds to extend credit to the sector at concessionary Interest rates, and the provision of extension services by ministries of agriculture. Agricultural policy measures under SAP consisted, among others, of abolition of Commodity Boards, free market determination of agricultural product prices, a ban on the export and Import of selected agricultural products …

Developments In The Insurance Industry In Nigeria In 1991, Central Bank Of Nigeria Cbn

Economic and Financial Review

Nigeria's insurance Industry expanded marginally In 1991. While some companies In the Industry diversified their activities from wholly life lo joint life and non-life, the number of companies formerly In the life business remained unchanged. Amidst general price increases, the aggregate industry Income rose although expenditures increased foster.

Exchange Rate Action: Channels Of Contribution To Effectiveness Of Growth-Oriented Adjustment Policies In Low Income Primary Producing Countries, F. L. Osundade

Economic and Financial Review

This paper Identifies exchange rate as one of the principal policy tools through which low-Income primary producing countries could properly align their economic and financial activities with those In the rest of the world to achieve satisfactory growth In income and employment. It examines the channels U1rougl1 which devaluation (exchange rate action) can produce significant impacts on major economic aggregates and in the process, correct financial and structural Imbalances.

Japan As A Capital Exporter And The World Economy (Occasional Papers No. 18. Group Of Thirty, New York) By Masaru Yoshitomi, Ademola Bamidele

Economic and Financial Review

Sound financial system is considered central to the development of trade either in an economy or internationally. This fact informed the author of this Occasional paper in examining and bringing into focus how Japan became an international creditor i.e. net capital exporter in the world financial system aside from her leading role in world trade. This position was attained through a combination of many factors, some of which were sectoral savings-investment imbalances and the co-existence of high-employment government deficit and the high-employment current account surplus in the 1970s and 1980s. The author thus, traced the historical evolution of Japan• s …

Selecting Functional Forms For The Cost Function With Average And Full Frontiers, Amal Refaat Hassanein

Archived Theses and Dissertations

No abstract provided.

A Comparative Analysis Of The Export Promotion Strategies In Selected Asia- Pacific Countries And Nigeria, Awosseyila A. P, Obitayo K. M

CBN Occasional Papers

This paper reviews the structures of exports and compares the export promotion strategies adopted by some selected countries in Asia-Pacific region and Nigeria. The aim is to find effective solutions to the diversification and expansion of manufactured exports in Nigeria. The five selected countries comprise of three of the four newly industrializing Asian countries (NICs), namely, Taiwan, Singapore, and Hong Kong while the remaining two are members of the six. Associated South East Asian Nations (ASEANS) (Malaysia and Indonesia). Against the background of the world’s average growth rates of 3.2 and 2.0 per cent in 1989 and 1990; the average …

1993 Budget Of Transition., Shonekan E.A.O. Chief

Bullion

A Federal Government proposals for the 1993 budget of transition with wide ramifications for the third republic and the long-run survival of Nigeria. Also serves as a guide for laying sound foundation for growth and development in the next decade and beyond.

Constraints Posed By Inadequate Data Supply To Planning And Evaluation Of Services In Nigeria., M. O Ojo Dr

Bullion

The paper discusses the importance of accurate, timely and adequate data in national planning and economic development of Nigeria.

How Goes The American Dream?, Chester Smolski

Smolski Texts

"Americans are a hard-working lot. The ambitious American worker has fewer holidays, less vacation time and other benefits than Western Europeans. They are well-rewarded for their pursuit of the American dream. Home ownership rates in this country are among the highest rates in the world. The typical American worker has more cars and more kitchen gadgets, electronic hardware, recreational gear and more computers in his home than any other worker in the world."

Pelham Organizational Structure Evaluation Of Property Assessment And Tax, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

The goal of this report was to evaluate the governmental structure of the Town of Pelham, Massachusetts. The scope of the project focused on the organizational structure of Pelham’s assessing and collecting offices. A series of strategies were researched and offered as part of the report as a potential alternative to the present system.

Business Matchmaking Feasibility Study - Just Find The Right Fit: Western Massachusetts, Center For Economic Development

Center for Economic Development Technical Reports

This study explores the feasibility of a business matchmaking program for Western Massachusetts focusing on import substitution. Business matchmaking programs currently operate throughout the U.S.A. and Canada. Their goal is to retain capital in the area and develop the area's economy by linking local businesses to each other, and with national and global markets. Twelve operating programs were investigated and assessed for their adaptability to the Western Massachusetts context. Area businesses and economic experts were interviewed to determine if a similar program would work here.

From the twelve program models examined, four were selected as being the most applicable, and …

Domestic Monopoly, Quotas & Contestable Rents, William Rieber

Scholarship and Professional Work - Business

In this article, a specific example is given to illustrate that rent seeking can raise welfare under full seeking in general equilibrium: an import quota is levied in the presence of domestic monopoly in the import competing industry. An import quota is considered instead of an import tariff since a tariff confers no market power on the local monopolist. The monopolist still faces a perfectly elastic demand, corresponding now to the world price plus tariff. The introduction of monopoly does not add another distortion to the economy, which is necessary if full rent seeking is to be welfare improving. But …

Women In The Military: What Are The Real Costs?, Kristin Lynn Johnson

Masters Culminating Experiences (1993-2011)

With the recent change in social policy allowing women to enter combat roles:, the issue of women in the military has gained much attention. Although women have served the U.S. in every war since the Revolutionary War (although not always in uniform), the contemporary debate about women in the military is being addressed again in the press and on Capitol Hill.

This project addresses the cost of having women in the U.S. military. Specifically, I will compare the relative cost of men and women serving in the armed forces. My hypothesis is that, today, the marginal cost of sustaining a …

Urban Revitalization: Is Dayton On The Right Track?, Kirby Clark

Masters Culminating Experiences (1993-2011)

The purpose of this paper is to review the steps taken by cities to turn their declining economies into rejuvenated, revitalized and prosperous localities. There are as many approaches to revitalization as there are cities and success is dependent upon the focused efforts of the community, private and public. Nevertheless, some programs are much more successful than others. I have attempted to focus on the more successful programs to see if there are elements that can be applied to other cities such as Dayton.

A Study Of Childcare Issues Affecting The Nursing Profession In A Major Southwestern City, James Keith Blake

Masters Culminating Experiences (1993-2011)

As more women enter the work force, there is an increased need for adequate childcare. There are many potential benefits to employers when employees are satisfied with quality of care their children are receiving. Some employers have opted to provide some form of childcare assistance, ranging from simple referral services to on-site childcare facilities.

The need for childcare is especially prominent in the healthcare profession, given the predominance of women in nursing and the need for nurses on all shifts.

This study was designed to explore job satisfaction and childcare issues among nursing and healthcare professionals. The study was undertaken …

Afghanistan's Economic Prospects After Soviet Occupation And Jihad (Islamic Armed Struggle), 1979-1993, Abdul Haq Amiri

Masters Culminating Experiences (1993-2011)

The main purpose of this thesis is to evaluate Afghanistan's future economic prospects especially in the aftermath of Russian occupation and the prolonged Islamist armed resistance by the peoples of Afghanistan. To achieve this goal, it is, however, necessary to provide some historical background about the country and to review the nation's economic progress before the onset of the Russian war (1979-1989) . While the presentation of this thesis has a historical dimension, it investigates and evaluates the consequences of communist rule and Soviet occupation. The thesis contains several parts including a conclusion and a policy recommendation. However, the problems …

Dayton Power And Light Company Steam Sales And Customer Forecast, Patrick D. Carus

Masters Culminating Experiences (1993-2011)

The Dayton Power and Light Company requested that an econometric model be created to forecast steam sales and customers. The Company currently uses econometric models for its electric sales, electric customer, and peak usage forecasts. The Company also uses econometric models to forecast natural gas sales, customers, peak day, and hourly usage. The steam business did not have a forecasting model that was easy to work with, and which produced reasonable results. The goal of this project was to build an econometric model which could be used to forecast the Company's steam sales and customers in order to bring consistency …

An Historical Analysis Of African American Women's Experience In The United States Labor Market, Valerie Martin Malloy

Masters Culminating Experiences (1993-2011)

This paper will discuss the history of African American women workers in the United States. Slavery will be examined to show that the economic hardships it caused for this group has far reaching influences upon today's economic picture. Human capital and segmented market theories will be discussed to determine how African American women workers are progressing in the wage labor force as we move toward the next century.

Clay Township Business Expansion And Retention Study, Fernando Javier Viera-Argerich

Masters Culminating Experiences (1993-2011)

In 1992, a business expansion and retention survey was conducted in Clay Township, Ohio. This survey asked business owners about factors that might impact their firms in the future and about the needs of the business community.

This study analyzes the survey findings and presents recommendations to lay the foundation for future economic development in the Township.

Specific development goals should include:

1) Improving cooperation between local businesses and the Township government. 2) Committing of the Township to an economic development plan. 3) Helping firms improve their competitiveness by helping them use local, State and Federal programs.

The Paradox Of Ideology, Justin Schwartz

Justin Schwartz

A standard problem with the objectivity of social scientific theory in particular is that it is either self-referential, in which case it seems to undermine itself as ideology, or self-excepting, which seem pragmatically self-refuting. Using the example of Marx and his theory of ideology, I show how self-referential theories that include themselves in their scope of explanation can be objective. Ideology may be roughly defined as belief distorted by class interest. I show how Marx thought that natural science was informed by class interest but not therefore necessarily ideology. Capitalists have an interest in understanding the natural world (to a …

Functional Explanation And Metaphysical Individualism, Justin Schwartz

Justin Schwartz

A number of (present or former) analytical Marxists, such as Jon Elster, have argued that functional explanation has almost no place in the social sciences. (Although the discussion is framed in terms of a debate among analytical Marxists, the point is quite general, and Marxism is used for illustrative purposes.) Functional explanation accounts for what is to be explained by reference to its function; thus, sighted organism have eyes because eyes enable them to see. Elster and other critics of functional explanation argue that this pattern of explanation is inconsistent with "methodological individualism," the idea, as they understand it, that …

Promoting Honesty In Negotiation: An Exercise In Practical Ethics, Peter Cramton, J Gregory Dees

Peter Cramton

In a competitive and morally imperfect world, business people are often faced with serious ethical challenges. Harboring suspicions about the ethics of others, many feel justified in engaging in less-than-ideal conduct to protect their own interests. The most sophisticated moral arguments are unlikely to counteract this behavior. We believe that this morally defensive behavior is responsible, in large part, for much undesirable deception in negotiation. Drawing on recent work in the literature of negotiations, we present some practical guidance on how negotiators might build trust, establish common interests, and secure credibility for their statements thereby promoting honesty We also point …

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 and Planning in cooperation with the Union County Industrial Foundation, Inc., and the Cities of Morganfield, Sturgis, and Uniontown, 1993 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: Trigg County - Cadiz, Kentucky Library Research Collections

Trigg County

"Resources for Economic Development: Cadiz, Kentucky" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Trigg County Industrial Development Authority, 1993. 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, education and health facilitates, housing, communications, recreation, natural resources, markets and climate.