Social and Behavioral Sciences Commons^™

Does Inflation Tend To Perpetuate Itself? The Case Of Latin America, Ebrahim Harraf

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The purpose of this study was threefold: (1) to test the existing theory which explains inflation as a result of its self-generating nature; (2) to investigate the contribution of foreign trade upon inflation; and (3) to test the casual relationship between the rate of inflation and the deficit. A system of four equations has been used to explain the relationship between the price level and the monetary expansion, between the rate of growth of the monetary base and the rate of the monetary expansion, the deficit and the monetary base, and, finally, between the deficit and the price level. As …

External Borrowing And Economic Development: The Case Of Jordan, Riad Almomani

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This study examines Jordan's development policy and analyzes the role of Jordan's external public borrowing in economic development during the period 1967-1983. Mainly, Jordan's rapidly increasing external indebtedness is related to its development strategy which is based on the concept of unbalanced growth. This strategy has emphasized' the concentration of development resources (including external loans) in certain areas (e.g. Amman and Zarka) and certain economic sectors (e.g. industry and service) which are assumed to be growth propelling. The agricultural sector has been seriously ignored in Jordan's development process.

Jordan's growth has been quite impressive, but the problems of poverty and …

Exchange Rate Stability And Its Implications For Economic Development Of The Less Developed Countries, Chileshe Hilda Wabo Gowon

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The question that Less Developed Countries have faced since the advent of floating exchange rates among the Industrial Countries is whether they should also adopt a floating exchange rate system. The Less Developed Countries have opted for a pegged exchange rate system, since their economic characteristics and institutional structure indicate that floating for the Less Developed Countries would result in volatile or unstable exchange rates. Since Less Developed Countries peg t heir exchange rates in the presence of flexible rates among industrial countries, the Less Developed Countries pegged exchange rates move in accordance to the exchange rates to which they …

Optimal Forest Rotation: Decisions Under Conditions Of Certainty And Uncertainty, Rabindra Nath Bhattacharyya

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The existing literature determining the optimal rotation period of a forest stand under conditions of certainty, as well as under uncertainty, lacks the genera 1 scope to be useful. A forest provides timber of commercial value, a flow of recreational services, and other valuable environmental services. Providing goods and services involves benefits as well as costs. Relevant management decisions depend on the net values that can be obtained. The present work developes a more general model for determining an optimal rotation period incorporating various fixed and variable costs associated with timber production and recreational services in an environment of certainty …

An Economic Analysis Of Foreign Assets, Money Supply, And Inflation In Saudi Arabia, 1963-83, Said Ahmed M. Khalofa

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Until the discovery of oil in Saudi Arabia, the West knew very little about the economic aspects of the country. Since then, foreign assets have grown , and the balance of payment of Saudi Arabia have reflected an accumulation of continuously rising surpluses, particularly after 1973. Real income increased and consequentIy, supply and demand for money increased.

During the period 1974-77, the Saudi economy experienced a high rate of inflation, but during the subsequent years (the late 1970s and the early 1980s) the Saudi inflation rate began declining.

The main objective of the present study is to conduct an empirical …

The Welfare Impacts Of Environmental Regulation In An Open Economy, Nicole Glineur

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The major theoretical and practical economic issues on pollution have apparently been sorted out. However, the bulk of the literature in environmental economics shares a shortcoming: the disregard of the welfare implications and consequences of pollution control.

Traditionally, pollution is viewed as a joint product. In this study, the issue of trade and environmental regulations is cast as a problem of input regulation, and the subsequent welfare implications of input regulation are then derived. The purpose of the present research is to emphasize the welfare consequences of pollution control in the context of international or interregional trade. The Batra and …