Economics Commons^™

An Analysis Of Education Reform In Sub-Saharan Africa, Katharine Eger

CMC Senior Theses

Sub-Saharan Africa continues to fall behind other developing regions regarding educational attainment, despite recent progress in enrollment. This thesis examines a variety of external conditional factors that could contribute to a country’s relative success, in terms of years spent in school using a prediction model that compares years enrolled in secondary education as a foundation to determine over- and under-performing countries in sub-Saharan Africa.

By exploring various educational policies, historical patterns, and projects executed in Rwanda, South Africa, Ghana, and Botswana, this thesis sheds light on four main challenges that can impact educational attainment: ethnic and racial tensions, an acute …

Escaping The Poverty Trap: Formal Savings And Asset Accumulation In Rural Malawi, Audrey Breitwieser

CMC Senior Theses

Formal savings accounts can be an effective device for households to accumulate assets over time and thus have more funds available to better afford an expensive one-time payment, in the form of either addressing an economic shock or paying for an important life event. I explore this relationship using a field experiment in rural Malawi conducted from 2008-2010, and find that adoption of a formal savings account has no effect on the frequency of economic shocks that a household experiences, nor does it affect how households respond to shocks. However, I find that account adoption does significantly increase the frequency …

Conditional Cash Transfers And Their Effect On Poverty, Inequality, And School Enrollment: The Case Of Mexico And Latin America, Maria Romano

CMC Senior Theses

Over the past two decades, conditional cash transfer (CCT) has become one of the most widespread approaches to social development in Latin America. Spurred in large part by the evident and immediate success of Mexico’s CCT initiative, a multitude of countries began to invest heavily in this strategy hoping to reduce poverty and inequality in the short and long run. This paper examines the relationship between CCT program breadth and poverty, inequality, and secondary school enrollment over a thirteen year span in order to determine whether or not programs with the largest coverage were the most efficient. This question is …

Bitcoin: Implications For The Developing World, Makari Krause

CMC Senior Theses

Bitcoin has become notorious as the first cryptocurrency to gain widespread media attention, however, despite its many benefits over the existing financial system it remains a volatile fringe currency. This thesis examines the validity of bitcoin as a currency and whether it can play a role in circumventing extractive economic and political institutions in developing countries. The analysis compares bitcoin usage to the level of financial openness, the inflation rate, and the percentage of the population with a bank account in 21 different countries. The correlation is found to be both statistically and economically significant for all of these variables, …

Partners Diversification And Exposure Of African Countries To International Crises: The Case Of Kenya, Giscard Assoumou Ella

International Journal of African Development

The objective of this paper is to characterize the exposure of Kenyan's income to international income, monetary and price shocks. The results suggest that the partners’ diversification permits them to resist to international shocks. In fact, Chinese conjuncture tends to be less exposed to OECD countries' income and inflation shocks. Also, income in this country more depends on domestic investment and household consumption, in comparison to the exposure to OECD country shocks. In this context, we observe that the exposure of Kenyan income to OECD shocks regresses when the dependence to Chinese conjuncture progresses.

Examining Human Capital Capacity’S Influence On Human Development And Poverty Reduction In Sub-Saharan Africa, Theodore J. Davis Jr.

International Journal of African Development

The aim of this paper is to examine and expand our focus on human capital capacity building as a foundation for poverty reduction in Sub-Saharan Africa. The data showed significant differences in the human capital capacity building characteristics as measured by demographic, education and gender equality characteristics. In analyzing select human capital capacity building markers, the findings suggest that the educational indicators were among the strongest in explaining the variation in human development in Sub-Saharan Africa. The findings showed that gender inequality was a serious inhibitor of human development in Sub-Saharan Africa. Overall, the Sub-Saharan nations with the lowest level …

Deindustrialization In Africa, Richard Grabowski

International Journal of African Development

Economic growth in Sub-Saharan Africa has been characterized by deindustrialization. Conventional economists argue that this is due to a bad environment for business decision making. This paper provides a classical explanation for deindustrialization, the failure to solve the food problem. That is, food staple prices have risen rapidly resulting in labor becoming costly, although physically abundant. This has prevented the evolution of a comparative advantage in labor intensive manufacturing. Structural change is an important element of the process of economic development, especially in the early stages. Productivity grows by shifting labor out of agriculture where productivity is low, and into …

Does Farmer Field School Training Improve Technical Efficiency? Evidence From Smallholder Maize Farmers In Oromia, Ethiopia, Admassu Tesso, Workneh Negatu, Sisay Asefa, Adugna Lemi, Bamlaku Alemirew

International Journal of African Development

This study carries out the impact evaluation of Farmer Field School (FFS) training program on the technical efficiency of smallholder farmers. The FFS program was sponsored by the Ethiopian government and launched in 2010 to scale-up best agricultural practices in the country. The study aims to compare changes in the technical efficiency of those FFS graduate and non-FFS graduate maize producing farmers in Ethiopia, Oromia. For this, panel data were collected in two rounds from 446 randomly selected households from three districts consisting of 218 FFS graduate farmers and 228 non-FFS graduate farmers. The analytical procedure has involved three stages: …

Inflation, External Market Performance And Government Policy: An Empirical Investigation Using Var-Vecm Approach In The Context Of Ethiopia, Nardos M. Beyene

International Journal of African Development

This study aims at determining the effectiveness of demand management policies in stabilizing the macroeconomic environment of Ethiopian economy. Inflation and Balance of Payments are used as the two indicators of stability. The researcher made use of Co-integrated VAR approach and estimates inflation and balance of payments equations. All together the researcher used data for the period 1976-2011. The findings of the study imply the existence of two-way relationship between inflation and balance of payments. Excess balance of payment surplus leads to inflationary pressures in the economy while inflation booming deteriorates the country’s external balance.

International Journal Of African Development, Vol. 3, Issue 1

International Journal of African Development

Complete issue of International Journal of African Development, Volume 3, Issue 1 - Fall 2015.

The Validity Of The Environmental Kuznets Curve For The European Union, Connor L. Kasten

Honors College Theses

This research empirically explores the validity of the environmental Kuznets curve (EKC) for the European Union. Data for CO₂ emission per capita, GDP per capita, population density, and fossil fuel consumption percentage was gathered for the 28 countries within the European Union for years 1990-2010 and regression analysis was conducted in order to see if the EKC relationship held true. However, under this analysis, that result is inconclusive. As GDP per capita increases, CO₂ increases to a certain point and then, instead of having a negative relationship, it continues to increase but at a lesser rate. The coefficients …

Economic Impact To Shipping Industry : Economic Impact To Shipping Industry Considering Maritime Spatial Planning And Green Routes In Pilot Case Studies, Pantelis G. Anaxagorou, A Pappas, I Giraud, D Stratigis, E Papadopoulos, Lilitha Pongolini, Fabio Ballini, Piotr Treichel, Xavier Martínez De Osés, Sergio Velásquez Correa, M ·La Castells, I Ortigosa

MONALISA 2.0

In this project, three case studies are considered in order to examine the economic impact of the implementation of MSP when considering environmental impact of the shipping industry. Specific characteristics and limitations of areas in the Greek Sea, the Balearic Sea and the Baltic Sea are evaluated with respect to their economic effects on the maritime transport domain.

The purpose of the above is to evaluate the economic impacts and risk implications of different scenarios and particularly:

• The economic impact of vessel traffic rerouting and/or reducing the speed in order to reduce the probability of vessel strikes or other negative …

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Latinos Throughout The City: A Snapshot Of Socio-Demographic Differences In Omaha, Nebraska, Jasney Cogua-Lopez, Lissette Aliaga-Linares, Lourdes Gouveia

Latino/Latin American Studies Reports

Researchers from OLLAS have released a new report detailing the demographic makeup of Latinos throughout Omaha. This is the first detailed analysis of the trends of Latinos living in various parts of the entire city. It confirms and challenges generalizations that are frequently made about this population in Omaha.

The report chronicles the dispersion of Latinos throughout the city and their increasing diversity. This publication highlights that geographic location is predictably tied to socioeconomic conditions. The farther west in the city Latinos live, the more advantaged they are. This pattern also holds true for indicators such as educational attainment, income …

Crecimiento Esperado De Las Ocupaciones En Los Condados De El Paso, Texas Y Doña Ana, Nuevo México, Manuel L. Reyes Loya, Jesus Mendoza, Hunt Institute For Global Competitiveness

Technical Reports

No abstract provided.

Keynote Address On Financing Government Programmes In Economic Downturn -The Role Of Central Bank Of Nigeria? Delivered At The 2016 Central Bank Of Nigeria Executive Seminar, G.I. Emefiele

Economic and Financial Review

This is a keynote address delivered by the Governor of Central Bank of Nigeria at the 2016 executive seminar with the theme "financing government programmes in economic downturn - the role of central bank of Nigeria

Special Remarks: Financing Government Programmes In Economic Downturn -The Role Of Central Bank Of Nigeria? Delivered At The 2016 Annual Executive Seminar, S.O. Alade

Economic and Financial Review

This is the special remarks delivered by the Deputy Governor (Economic Policy) during the 2016 executive seminar, "financing government programmes in economic downturn- the role of central bank of Nigeria.

Non-Oil Exports, Economic Growth And Macroeconomic Stability, T.A. Oyejide

Economic and Financial Review

The author discussed the role of non-oil exports in the structural transformation and sectoral diversification processes which are inherently associated with sustainable growth and development outcomes as well as the focus of the analysis shifts to an examination of the role of non-oil exports in promoting economic growth and development.

Financing Government Programmes In Economic Downturn: Policy Options, F.U. Jacobs

Economic and Financial Review

This author examines the various policy options for the manufacturing sector of the economy in an economic downturn.

Financng Government Programmes During Economic Downturn: Policy Options, E.M. Abolo

Economic and Financial Review

The author discussed various policy options that can be adopted to finance government programmes during economic downturn. He explained in details the concept as it affects the economic growth and development.

Governments' Options For Financing The Sustainable Development Goals (Sdgs) In A Period Of Economic Downturn, Robert C. Asogwa

Economic and Financial Review

The paper reviews the strategies for strengthening the existing sources of traditional finance in Nigeria and also, introduces new sources of innovative finance that will be suitable for funding government development programmes, as well as, the SDGs Agenda 2030. Furthermore, the possible role of the central bank vis a-vis the government fiscal authorities in the management of some sophisticated financial instruments which is increasingly gaining momentum as part of innovative development finance is discussed.

Young And Unemployed: A Multivariable Analysis Of Youth Unemployment In Jordan, Morgan E. Mabry

Honors Theses

The level of youth unemployment in the Middle East is higher than any other region in the world. The detrimental effects of early unemployment can be broad and long lasting. This paper discusses some of the factors of youth unemployment in the Middle East, such as poor education systems and underdeveloped labor markets; and the social effects such as delayed marriages and political unrest. It then goes on to analyze the School-to-Work Transition Survey (SWTS) to understand the impact of age, sex, individual education, and parental education on the transition from school to work. The results indicated that sex and …

Beyond Beautiful*- Why Citizens Are Comparatively Happier, More Prosperous, More Peaceful, More Democratically Engaged And Less Selfish Living In Smaller States, Anthony Paul Buckley

Other

Half of all sovereign states in the world have a population of less than 6.2m (World Bank, 2014). The mainstream literature in most academic disciplines has chosen, by accident or design, to neglect the unique determinants of small state growth and development (Armstrong & Read, 2003; Read, 2014). These are extraordinary omissions when the collective evidence on the performance of smaller states on a wide range of economic, political, cultural and social indices is considered. Apart from the disproportionate representation that small states enjoy in the World Banks Upper-Middle and High Income categories, many small states also feature in the …

Financing Government Programmes In Economic Downturn: Theoretical Issues And Perspectives, A. H. Ekpo

Economic and Financial Review

The purpose of this paper is to articulate the theoretical issues and perspectives which underscore the need for caution in financing government programmes whether in the recurrent outlay or capital programmes as individual financing modes have built in costs and risks that could inhibit the realisation of government objectives.

Financing Government Programmes In Economic Downturn: A Comparative Analysis, T. Oshikoya

Economic and Financial Review

This paper examines the experience of Nigeria and other oil exporting countries in adjusting to lower oil prices and financing government programmes during economic downturn.

Financing Government Deficit During Economic Downturn: Options For Consideration, O. Ajakaiye

Economic and Financial Review

The author examines the efficacy of the conventional approach to financing budget deficit during economic downturn in Nigeria. He also considers other (unconventional) options for financing budget deficits during economic downturn in Nigeria.

The Role Of Central Banks During Economic Downturn: Lessons And Options For Financing Government Programmes In Nigeria, C.N.O. Mordi

Economic and Financial Review

The author examine both the traditional and developmental roles central banks plays in financing government programmes/projects.

Borderplex Economic Outlook To 2017, Thomas M. Fullerton Jr.

Border Region Modeling Project

No abstract provided.

Groundings Volume Two, Issue Two

Groundings

This is the full issue of Groundings Vol. 2, Iss. 2. It includes a wrap of both the 12th Annual Walter Rodney Symposium and the 3rd Annual Walter Rodney Speakers Series; a piece by Jesus Chucho Garcia that honors the late Norman Girvan; the official Save the Date for the 13th Annual Walter Rodney Symposium; information on the republication of The Groundings with My Brothers; a photo-narrative by Julian Plowden on the student protests at the Atlanta CNN Center; we then have 3 pieces surrounding the Walter Rodney Commission of Inquiry by Wazir Mohamed, Anne Braithwaite, and Rohit Kanhai, …

Human Capital Development And Parental Investment In India, Orazio Attanasio, Costas Meghir, Emily Nix

Discussion Papers

No abstract provided.

Estimating The Economic Impact Of The Construction And Operation Of The Plains And Eastern Clean Line Project, Katherine A. Deck, Mervin Jebaraj

Publications and Presentations

Clean Line Energy Partners LLC (Clean Line) is proposing to build the Plains & Eastern Clean Line project, an approximately 700-mile, high voltage direct current transmission line and associated facilities with the capacity to deliver 4,000 megawatts (MW) of wind power from the Oklahoma Panhandle region to utilities and customers in Arkansas, Tennessee, and other markets in the Mid-South and Southeast, areas that lack access to low-cost renewable power. The project will deliver enough energy to power more than one million homes annually in the MidSouth and Southeastern United States.