Social and Behavioral Sciences Commons^™

Of Devaluation, Imports, Exports, Balance Of Payments And The Imf In Malawi: A Case Study, Vincent G. Malunga

Masters Theses

In International Economics, conventional wisdom suggests that devaluation improves the trade balance for a country. This is possible because, by worsening the terms of trade for a country, devaluation leads to import substitution and enhanced competitiveness in the export sector. The trade balance is expected to improve via the J-curve, where the trade balance worsens first, until a country is able to adjust to the contractual problem.

This project sought to identify the presence of the J-curve or a lack thereof in Malawi, a country in South Central Africa, within the contextual frame work of the IMF's structural adjustment programs. …

An Empirical Analysis Of The Recent Decline Of Union Membership In The United States, Mojgan Tajbakhsh Izadi

Masters Theses

The union membership in the United States has declined since 1970 and reached less than 14 percent of labor force in 1989. A number of studies have been conducted to examine the causes of decline in union membership. Among researchers nearly all believed that structural change in the United States economy plays an important role. The theories of managerial opposition and substitution of government and employers for unions were also supported by many researchers. This study examined the effect of the number of female and part-time workers from the labor force as a measure for structural change in the economy. …

Economic Institutions And Economic Growth In South Africa, Lumkile Mondi

Masters Theses

The collapse of rapid growth in industrialized countries in the mid-1970s has suggested to scholars that Keynesian economic management is not the ultimate way to run a viable capitalist system. What has emerged from the crisis is the recognition that different capitalist countries have for long had distinctive patterns of development and alternative patterns of economic management.

One such form of economic management is neo-corporatism. The pillars of "neo-corporatism" are found in the tri-partite alliance between centralized trade unions, centralized employers’ organizations, and the state. These institutions coordinate the levels of investment, wage, and employment in the economy to ensure …