Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 1 - 12 of 12

Full-Text Articles in Social and Behavioral Sciences

Tax Havens And Fdi Spillovers: Implications For Ldcs, Luisa Blanco, Cynthia Rogers Nov 2011

Tax Havens And Fdi Spillovers: Implications For Ldcs, Luisa Blanco, Cynthia Rogers

School of Public Policy Working Papers

Tax competition and spillover models offer ambiguous predictions concerning the economic impact of tax havens on non-tax havens. The implications of tax havens for less developed countries (LDCs), in particular, are not well understood and are little studied. This paper investigates the impact of tax havens on non-tax haven countries in terms of foreign direct investment (FDI). We investigate the importance of agglomeration effects by accounting for the level of FDI inflows as well as the role of geography by measuring proximity to the nearest tax haven. Our analysis yields several interesting findings. First, using panel data for 142 countries, …


The Finance–Growth Link Revisited And The Role Of Institutions As A Source Of Finance In Latin America, Luisa Blanco Oct 2011

The Finance–Growth Link Revisited And The Role Of Institutions As A Source Of Finance In Latin America, Luisa Blanco

School of Public Policy Working Papers

In a panel framework that includes 18 countries, this paper studies the short and long run effect of financial development on economic growth and the determinants of financial development in Latin America. Financial development shows a positive effect on economic growth in the long run, but a negative effect in the short run for the full sample. When the sample is divided by income levels, this result holds only for the high income group. For the low income group, financial development has no significant effect on economic growth in the short run or in the long run. In the analysis …


The Impact Of Insecurity On Democracy And Trust In Institutions In Mexico, Luisa Blanco Oct 2011

The Impact Of Insecurity On Democracy And Trust In Institutions In Mexico, Luisa Blanco

School of Public Policy Working Papers

Using survey data from the Latin American Public Opinion Project (LAPOP) and Encuesta Nacional Sobre la Inseguridad (ENSI) for Mexico during the period 2004-2010, this paper analyses the impact of insecurity and crime victimization on support and satisfaction with democracy and trust in institutions. With the LAPOP data, perceptions about higher insecurity decrease support and satisfaction with democracy. Perceptions of insecurity and crime victimization have a negative significant effect on trust in institutions, and this finding is robust to using LAPOP and ENSI data. Perceptions of insecurity and crime victimization have a larger negative effect on trust in institutions that …


The (Non) Effect Of Natural Resource Dependence On Capital Accumulation In Latin America, Luisa Blanco, Robin Grier Jan 2011

The (Non) Effect Of Natural Resource Dependence On Capital Accumulation In Latin America, Luisa Blanco, Robin Grier

School of Public Policy Working Papers

In a simultaneous model of human and physical capital accumulation for 17 Latin American countries from 1975 to 2004, we show that overall resource dependence is not significantly related to physical and human capital. Disaggregating the natural resource variable into subcategories, we find that petroleum export dependence is associated with higher physical capital and lower human capital, while agricultural export dependence is often associated with lower levels of physical capital. All of these effects are quantitatively small, however, casting doubt on the idea that natural resource dependence has stifled the accumulation of capital in the region.


Immigration Regulation, Luisa Blanco, Odinakachi Anyanwu Jan 2011

Immigration Regulation, Luisa Blanco, Odinakachi Anyanwu

School of Public Policy Working Papers

Immigration regulation is defined here as any policy that has the objective of encouraging or discouraging immigration. There are two major categories of immigration regulation: those policies that directly affect the inflow of immigrants and those that influence the everyday lives of immigrants and processes related to the acquisition of legal permanent residency or citizenship. Immigration regulation is quite diverse across time and space; immigration policy is fluid and dynamic and is affected by socioeconomic, cultural, and political factors. Thus, immigration regulation evolves in response to current conditions in a specific country. The role of race in immigration regulation also …


The Impact Of Spatial Interdependence On Fdi In Latin America, Luisa Blanco Jan 2011

The Impact Of Spatial Interdependence On Fdi In Latin America, Luisa Blanco

School of Public Policy Working Papers

This analysis considers whether spatial interdependence is an important determinant of foreign direct investment (FDI) in Latin America. Two types of spatial interdependence are explored: 1) surrounding market potential and 2) spatial autocorrelation of FDI. Using a sample of 17 Latin American countries, with observations from 1986 to 2006, we find that spatial interdependence matters for world net FDI in the region. Surrounding market potential has a positive effect on FDI of significant magnitude, but there is no evidence that FDI is spatially autocorrelated. Other contributors to FDI in this analysis include governance, specifically control of corruption, and exports of …


The Impact Of Fdi On Co₂ Emissions In Latin America, Luisa Blanco, Fidel Gonzalez, Isabel Ruiz Jan 2011

The Impact Of Fdi On Co₂ Emissions In Latin America, Luisa Blanco, Fidel Gonzalez, Isabel Ruiz

School of Public Policy Working Papers

This paper uses panel Granger causality tests to study the relationship between sector specific FDI and CO2 emissions. Using a sample of 18 Latin American countries for the 1980-2007 period, we find causality running from FDI in polluting intensive industries (“the dirty sector”) to CO2 emissions per capita. This result is robust to controlling for other factors associated with CO2 emissions and using the ratio of CO2 emissions to GDP. For other sectors, we find no robust evidence that FDI causes CO2 emissions.


Explaining The Rise Of The Left In Latin America, Luisa Blanco, Robin Grier Jan 2011

Explaining The Rise Of The Left In Latin America, Luisa Blanco, Robin Grier

School of Public Policy Working Papers

Latin American politics has taken a left-hand turn in the last decade, with an increasing number of chief executives hailing from left-of-center parties. We investigate the political and socio-economic factors explaining political ideology of the chief executive in a sample of 100 elections taking place between 1975 and 2007 in eighteen Latin American countries. We find that the commodity booms in agricultural, mining and oil are positively and significantly related to the probability that a country will have a chief executive from a left-of-center political party. However, for oil exports, we observe that this effect only holds for Venezuela. We …


Engagement And Disengagement: Rethinking Somalia, Ethan Hamilton Jan 2011

Engagement And Disengagement: Rethinking Somalia, Ethan Hamilton

Global Tides

This paper outlines three international policy options for Somalia in an effort to begin working towards solving the issues that have plagued the Horn of Africa for over 40 years. A short introduction summarizing Somalia’s tumultuous history precedes an examination of the three policy options. The first proposal, as supported and practiced by the U.S. State Department, is an interventionist policy involving political, economic, and in the past, military intervention. The policy would continue to allow the U.S. to closely monitor Somalia’s struggling government in an effort to maintain and protect its regional interests. The second proposal reconsiders Somaliland’s de …


The Marginalization Of Afro-Asians In East Asia: Globalization And The Creation Of Subculture And Hybrid Identity”, Sierra Reicheneker Jan 2011

The Marginalization Of Afro-Asians In East Asia: Globalization And The Creation Of Subculture And Hybrid Identity”, Sierra Reicheneker

Global Tides

This article explores the topic of children born of biracial couplings in East Asia. The offspring of such unique unions face severe discrimination and marginalization. The status and future of this minority is especially salient in primarily homogenous states, such as Korea, Japan, and China, where racism varies from social stigma to institutionalized policies. The article will show that they have yet to create a cohesive group identity; they remain vulnerable to negative self image and socially imposed isolation. In such nations, progress in equality for Afro-Asians will require key Afro-Asian leaders and public figures taking a stand against prejudices, …


Fair Trade Coffee In A Global Economy, Taylor Clayton Jan 2011

Fair Trade Coffee In A Global Economy, Taylor Clayton

Global Tides

As conscientious shoppers, the fair trade label we see on the coffee we drink from Starbucks and the bananas we buy at the natural food market often assure us of our ethical consumer choices. We should, however, question the accuracy of this marketing to find out where the products we buy actually come from. Are these goods truly traded fairly? Do these products provide equitable wages to farmers and their families in the Southern Hemisphere? This paper will inspect the current state of the fair trade industry as well as offer suggestions for improvement. The positive outcomes of true fair …


The Path To Prosperity In Afghanistan And Central Asia: Obstacles At The Crossroads, Owen Lloyd Jan 2011

The Path To Prosperity In Afghanistan And Central Asia: Obstacles At The Crossroads, Owen Lloyd

Global Tides

Despite America’s lengthy nation-building project in Afghanistan, many Afghans still lack the basic resources and security necessary for a viable nation. Furthermore, the insecurity in Afghanistan is increasingly spilling over into their neighbors, stressing an already fragile region. While we in the West have largely forgotten Afghanistan, its neighbors look on with trepidation as they prepare for potential unrest. With vast amounts of natural resources and increased competition between the Russians and Chinese over the region, Afghanistan and its insecurity could lead to continued Central Asian economic and political stagnation. Despite the dangers in failure, inconsistent action and a destabilizing …