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Social and Behavioral Sciences Commons

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Economics

Pepperdine University

Inequality

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Full-Text Articles in Social and Behavioral Sciences

The Nuances Of Capital Controls In Economic Development: Argentina And Chile, Reagan A. Shane Apr 2020

The Nuances Of Capital Controls In Economic Development: Argentina And Chile, Reagan A. Shane

Global Tides

In this paper, I analyze the ways that capital controls affect growth and economic development in developing countries and emerging market economies and use the historical evidence of Chile and Argentina to demonstrate how countries may experience the effects of capital controls in different proportions. I then review additional academic literature and historical evidence in Chile and Argentina to determine what factors seem to determine the success or failure of capital control strategies. I find two influential factors in the determination of whether implementation of capital controls helps or hurts economic growth and development. The first is whether capital controls …


Rust-Belt Recovery: The Cleveland Model As Economic Development In An Age Of Economic Stagnation And Climate Change, Ross Lenihan Jan 2014

Rust-Belt Recovery: The Cleveland Model As Economic Development In An Age Of Economic Stagnation And Climate Change, Ross Lenihan

Pepperdine Policy Review

The economic outlook of the United States is dire. According to the U.S. Census Bureau, poverty has not lessened even as U.S. Gross Domestic Product (GDP) has rebounded following the Great Recession. This paper explores the development potential of joint worker-community cooperative structures during the current economic downturn by analyzing the “Cleveland model,” a network of worker-owned cooperatives supported by local education/healthcare "anchor" institutions and financed and organized by a non-profit community development corporation. I find that while worker and community-owned enterprises hold significant promise for both workers and communities in times of economic stagnation and ecological danger, existing market …