Economics Commons^™

Enslaved To Fashion: Corporations, Consumers, And The Campaign For Worker Rights In The Global Economy, George Demartino

Human Rights & Human Welfare

A review of Levi’s Children: Coming to Terms with Human Rights in the Global Marketplace by Karl Schoenberger. New York: Atlantic Monthly Press, 2000. 288pp.

Levi’s Children presents a sobering account of the tribulations of a transnational corporation with a heart trying its best to navigate honorably the polluted moral waters of the global economy. San Francisco-based Levi Strauss and Company, maker of the iconic Levi’s jeans and other apparel, sought to maintain a commitment to social responsibility in the face of intensifying financial pressures to do otherwise. Author Karl Schoenberger puts this account to good effect, illuminating the extraordinary …

Chapter 10: Upper-Middle-Class Politics And Policy Outcomes: Does Class Identity Matter?, Herman L. Boschken

Faculty Publications, School of Management

This chapter in Clark and lipset's book on class in American politics resulted from a multi-day workshop at the Woodrow Wilson Center for International Scholars in the summer of 1999. The piece reverses the normal causality of class politics. It does not analyze citizens in elections, but government officials creating policies. It asks why policies differ across localities (specifically public transit decisions in 42 U.S. metropolitan areas). It probes how some government officials work with an "upper-middle-class" citizenry in mind, while others do so less. The chapter then tests for differences across localities and finds quite distinct patterns. The chapter …

A Study On The Impacts And Implications Of Electronic Commerce (E-Commerce) On Manpower Requirements In Cyberjaya, Malaysia, Oras Fadel Baker Al Hassani

Student Works (2000-2009)

This is a study of the impact of the information age particularly the electronic commerce on the human resource development in Malaysia. Basically, the study tries to determine the implications of adopting e-commerce on the manpower requirements. It is agreed that with the advent of Internet and its electronic services, the market has to adjust to the demands in the market place to be able to compete locally and globally. The study used of a set of questionnaire and interviews and selected literature review to gather relevant data and information on the current situation in the Malaysian workforce regarding the …

Rural Out-Migration And Remittances : A Case Study Of Four Districts In Peninsular Malaysia, Chuie Hong Tan

Student Works (2000-2009)

This research report examines the socio-economic differentials of remittances in Kerian, Hilir Perak, Sabak Bemam and Rembau, using data from a based on a survey on "Consequences of Rural Depopulation on the Agricultural Communities" conducted in 1997 by a group of researchers from the University of Malaya. The survey provided a host of socio-demographic information for the detailed analyses of remittances in terms of:

• the proportion of households in the study areas that had received remittances from their migrant children and the amount received, and

• the proportion of migrant children who had sent remittances and the amount remitted. …

An Analysis Of Manufacturing Wages In Selected Malaysian Manufacturing Industries, Lee Peng Ho

Student Works (2000-2009)

A lot of focus has been placed on the importance of the relationship between wages and labour productivity in view of increasing competition due to the globalization of economies. Therefore, this paper attempts to examine whether the increase in real wages is commensurate with higher increase in labour productivity. The model of this study is adapted from Carneiro's (1998) paper which is based on union-firm wage bargaining model. This paper analyses both the long-run and short-run dynamics of wage formation in Malaysian manufacturing as a whole and also 13 sub-selected sectors of manufacturing industry using the Eagle and Granger (1987) …

An Analysis Of A Monetary Approach To The Balance Of Payments And Exchange Rates : The Case Of Malaysia 1986-1997, Siti Ayu Jalil

Student Works (2000-2009)

The research paper attempts to investigate the empirical analysis of the monetary approach to the balance of payments and exchange rates in the Malaysian environment. Through assessing the balance of payments and exchange rate position In Malaysia, the objective is to determine whether the monetary phenomenon could be the reason for the 1997 financial crisis that resulted Its government to opt for a fixed exchange rate and capital controls policies in September 1997. The time period of the study was 12 years from 1986 to 1997 and in all cases the annually data was used. The central proposition of the …

Factors Affecting Career Advancement Among Young School Leavers, Mei Mei Lim

Student Works (2000-2009)

This study examines the patterns of career advancement and factors affecting an individual's career advancement. Career advancement is measured using occupational mobility and income mobility. The analyses are based on 1702 young school leavers data for whom are available from the "Transition from School to Work" study, which was carried out between 1989 and 1996. It is common to change occupation or employer or both in the early stages of the career. For every two individuals, one of them changes jobs within the seven years studied. Individuals in the professional group are the least likely to change occupation and the …

Papers On Robinson And Perfect Competition, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Harcourt, G. C. (2001). Joan Robinson and her circle [Annotated journal-article reprint tracing Robinson's intellectual influences and movement from Marshallian and Keynesian economics toward a classical-Keynesian-Kaleckian approach].
• History of Economic Ideas, IX/2001/2: Contents [Journal table of contents listing the issue's articles, notes, review article, and book-review section]. (2001).
• Moustafa, A. (2001, Spring). A critique of the theory of perfect competition: A perfectly competitive equilibrium via free exit and entry [Graded student research manuscript arguing that free exit and entry and strategic firm behavior cannot reliably generate a static Walrasian competitive equilibrium].
• Moustafa, A. (2001, Spring). A critique …

Loose Papers On Perfect Competition And Falling Rate Of Profit, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Moustafa, A. (2001, Spring). A critique of the theory of perfect competition: A perfectly competitive equilibrium via free exit and entry [Annotated student paper critiquing perfect competition through historical, game-theoretic, and dynamic-process arguments].
• Roberts, J. (1987). Perfectly and imperfectly competitive markets [Highlighted encyclopedia-reference excerpt on general-equilibrium, game-theoretic, and imperfect-competition models].
• Semmler, W. (1982, August). Competition, monopoly, and differential profit rates: A reconsideration of the classical and Marxian theories [Journal offprint connecting differential profit rates to monopoly, mobility barriers, and prices of production].
• Moustafa, A. (2000, Fall). A critique of the theory of perfect competition [Annotated student paper …

Perception On Luxury Consumption : A Study Of Car Owner In Kuala Lumpur And Selangor, Yoke Kin Kuek

Student Works (2000-2009)

No abstract provided.

Comparison Of Some Technical Indicators In The Kuala Lumpur Stock Exchange, Gin Hoe Lim

Student Works (2000-2009)

Technical analysis is both highly controversial and widely used; some practitioners claim that it is profitable. They say that historical technical figures, such as the past behaviour of the stock's price, give them foresight into future price movements. Many others, however, claim that the practice of looking at past technical data to help predict the future is outlandish and most academics fall into this group. More and more writers are beginning to question whether technical analysis may serve as one tool available to those who want to trade profitably in the market. And this is the reason for this project …

Why Do We Consume So Much?, Juliet B. Schor

Clemens Lecture Series

No abstract provided.

A Comparative Study Of Islamic Unit Trust And Conventional Unit Trust In Malaysia : An Emphasis On Its Performance, Suhaili Sarif

Student Works (2000-2009)

The emergence of Islamic unit trust in the Malaysian unit trust industry is reflection of a strong desire among Muslims in general and investors in specific, to have a fund intermediary which is in compliance with Syariah principles. However, its implementation has only come into success after continuous effort and commitment from the government. Unfortunately after almost 10 years of operation in the market, Islamic unit trust has only managed to capture a minuscule proportion in the unit trust market, besides receiving several negative perceptions. This study tries to determine the significant similarities and differences between Islamic and conventional un …

Market Reaction To Share Repurchases Announcements : An Empiricial Study Of Companies Listed On The Main Board Of Klse, Yu Ming Yap

Student Works (2000-2009)

This study examines the share prices behaviour surrounding the share repurchases programmes announcements by public listed companies listed on the main board of Kuala Lumpur Stock Exchange in Malaysia. f The sample of this study comprises of 48 companies and the period o study spans from 1 September 1997 to 15 October 2000. The impact of these announcements are determined by examining the market-adjusted abnormal returns and share returns of each company for 60 trading days surrounding the announcement day. Using standard event study methodology, this study documents an overall non-significant positive or negative market reaction surrounding the announcement day. …

Knowledge Management In Twenty Malaysian Companies, Lai Yee Kong

Student Works (2000-2009)

The world economy has evolved over the last couple of years from a managed economy into an entrepreneurial economy or commonly referred as knowledge-based economy. In the knowledge-based economy, knowledge is becoming the primary production factor comparing to the traditional economies, which focused on labour, land, and capital. Therefore, there is a need to explore its impact to Malaysian's firms. This research deals with knowledge management in the emergence of knowledge economy especially for developing country such as Malaysia. Exploration of Malaysian's managers' perception towards knowledge management process and its awareness will be focused in the entire research study. In …

Holiday Effect : A Decade Of Change In The Performance Of The Kuala Lumpur Stock Exchange, Rina Bee Yan Tong

Student Works (2000-2009)

This empirical research investigates the holiday effect in the Kuala Lumpur Stock Exchange (KLSE) using three daily stock indices: Kuala Lumpur Stock Exchange Composite Index (KLSE Cl), Exchange Main Board All-Share Index (KLSE EMI), and Kuala Lumpur Stock Exchange Second Board Index (KLSE SBI) over the period January 1990 to June 2001. The results show abnormally high pre­holiday returns which predominate only on the single trading day immediately prior to holidays and the pre-holiday fraction of positive return is found significantly higher for all three indices. On the other hand, the post-holiday returns are higher than normal trading days but …

The Impact Of Selective Capital Controls On The Malaysian Economy, Tengku Rethwan Tengku Mansor

Student Works (2000-2009)

The capital control policy adopted by Malaysia is a radical approach towards restoring its battered economy during the financial crisis of 1997. Such stance was taken by the Malaysian government to combat currency speculators from causing further damage to its economy as the earlier IMF-like prescription had failed. It may be an unpopular approach especially, to the advocates of the free market, nevertheless it provides an alternative solution for other countries to emulate in the event of facing such onslaught on their currency. It is also hoped that this study will serve as a reference on the subject of selective …

The Performance Of Local Majority Equity Companies (Lmecs) And Foreign Majority Equity Companies (Fmecs) In The Kuala Lumpur Stock Exchange : Before And During The Financial Crisis, Fadillah Mansor

Student Works (2000-2009)

The financial crisis, which began in July 1997 in Malaysia, had affected both Local Majority Equity Companies (LMECs) and Foreign Majority Equity Companies (FMECs). The study attempts to examine and compare the performance of LMECs and FMECs listed on the Kuala Lumpur Stock Exchange (KLSE) by looking at companies' stock return. The study is divided into two sub periods, namely "before the crisis" and "during the crisis'. The samples consisted of 21 LMECs and 21 FMECs, which were selected from the companies listed on the KLSE main board and second board. These samples of LMECs and FMECs were matched respectively …

Life Insurance Industry In Malaysia : A Case Study Of Great Eastern Life Assurance (Malaysia) Berhad, You Siang Ku

Student Works (2000-2009)

This study focus on the background of life insurance industry and concepts or main features that are common to many aspects of the life insurance mechanism in order to helps us to solve some of our financial problems. This report is largely based on the Annual Reports of the Director General of insurance and the Annual Reports of the Great Eastern. It also takes into account additional information and numerous helpful comments supplied by the management team, company executives and insurance agents in its course. The aim of this research is to investigate several factors that affect total demand of …

Higher Education In Malaysia : Potential Opportunities For Graduates, Hock Hing Do

Student Works (2000-2009)

Education is the pivotal in the creation of knowied.ge manpower to support the new industries, economic activities, and to develop an information rich society. The government has moved to boost the development of knowledge-economy. In order to ride the crest of the LT. wave, the Ministry of Education has responded by implementing wide-ranging reforms in the education system. The rapid expansion of higher education has been fuelled by strong social demand for higher education. Malaysia higher education has been the main avenue for social mobility and social justice, and social restructuring in line with New Economic Policy. The higher education …

Time-Of-The-Month Effect In The Trading/Services Sector Of The Kuala Lumpur Stock Exchange, Say Yong Ng

Student Works (2000-2009)

Numerous studies have reported the existence of calendar anomalies in stock returns. In this study, we investigate the calendar anomalies of forty stocks of the trading/services sector in the Kuala Lumpur Stock Exchange (KLSE) over the period of 3 January 1995 to 2 November 2000. The calendar anomalies such as the pre-holiday effect, half-monthly effect, and time-of-the-month effect are examined. The parametric and nonparametric tests are used in this study for testing the existence of calendar anomalies. Nonparametric tests are resorted to when the assumption of normality is not satisfied. The results of this study indicate that there is no …

Residential Property Cycle, Business Cycle And Credit Availability In Malaysia, Wai Kun Lau

Student Works (2000-2009)

This research paper provides an estimate of the significance of rents and rent-seeking process as major underlying factors in the Malaysian economy. It was found that throughout the Malaysian economic development (from pre-independence to current), the Malaysian economy has experienced three types of rent-management, which are rent-management by the state, rent-management by state-initiated (public) enterprise, and n:nt-management by privately-controlled enterprise via politically influential business elites. However. there arc no solid evidence that proves a negative or positive correlation between the level of rents and rent-seeking processes present in the Malaysian economy and the respective economic performance. Yet, these findings are …

The Impact Of World Trade Organization On Malaysian Agriculture Sector, Safri Saiman Mohd

Student Works (2000-2009)

This study viewed how internally and externally induced factors could give impact towards the scope and direction of the national agricultural sector development. The agricultural sector played a vital role in generating national economic development via its contributions as a source of national income, employment for the majority community of rural areas and as a strategic sector that provides the national foods needs. In line with the tremendous development and achievement of the national economy particularly since the 1980s, the sector had shown deterioration in terms of its contribution to the GDP, employment and value-added of the sector. The deterioration …

Credit-Lending Channel In The Malaysian Economy, Roza Hazli Zakaria

Student Works (2000-2009)

Credit-lending channel Is an alternative view on how the shift in monetary policy is translated into the change in loans and output. Nevertheless, this paper finds that the evidence on the existence of a distinctive credit-lending channel In the Malaysian economy is absent. Firstly, the episodes of tight monetary policy In the 1990s are Identified using the "narrative approach". Then, a preliminary analysis Is done to see the impact of tight monetary policy on banks' credit supply. It Is found that bank loans only decline In the most recent monetary tightening, September 1997 to August 1998. Next, an empirical analysis …

Macroeconomic Responses To Oil Price Changes And Volatility, Fui Kiun Soong

Student Works (2000-2009)

Petroleum is the third factor of production and is expected to remain so as Malaysia targets to achieve full industrialization in twenty years time. It is therefore, crucial to understand the impact of oil price on the macroeconomy. Thus, this paper attempts to examine the short-run dynamics of industrial production, interest rates and, stock market activity, in relation to oil price changes and oil price volatility by using the vector autoregressive (VAR) model. Volatility is modeled using the Generalised Autoregressive Conditional Heteroskedasticity (GARCH) model. Systematic shocks are introduced and the impacts of anticipated and unanticipated oil price changes are analyzed …

The Impact Of World Trade Organization On Malaysian Agriculture Sector, Mohd Safri Saiman

Student Works (2000-2009)

This study viewed how internally and externally induced factors could give impact towards  the scope and direction of the national agricultural sector development. The agricultural  sector played a vital role in generating national economic development vi a its contributions  as a source of national income, employment for the majority community of rural areas and as  a strategic sector that provides the national foods needs. In line with the tremendous  development and achievement of the national economy particularly since the 1980s, the  sector had shown deterioration in terms of its contribution to the GDP, employment and  value-added of the sector. The …

The Impact Of Foreign Direct Investment On Manufacturing Growth In Malaysia, Ah Hoon Lee

Student Works (2000-2009)

It is generally perceived that FDI (foreign direct investment) plays an important role in economic development especially in the industrialisation process in Malaysia. The extent of FDI's contribution to manufacturing growth remains uncertain. By using econometric models, this study attempts to analyse the impact of FDI on manufacturing output, manufacturing exports, manufacturing imports and manufacturing employment generation. The empirical results showed that the impact of FDI on manufacturing output growth is not as critical as expected. However, a positive link emerges where an increase in FDI flows will increase the output growth in the next period. The study revealed that …

The Economic Implication Of Private Higher Education In Malaysia, Yee Ting Ngoo

Student Works (2000-2009)

This study attempts to examine the economic impacts of private higher education in Malaysia. It begins with a review on the background and development of private higher education which has become one of the most important industries in the world. Chapter two reviews the literature on private higher education and its impact Chapter three deals with the evolution of the private higher education in Peninsular Malaysia from the 1960' s to the present day. This chapter contains a detailed study on the growth and development of the private higher education in Malaysia. Besides that, it also discussed about the demand …

Total Factor Productivity Growth In Malaysia (1971-1999), Jenny Yu Chin Chua

Student Works (2000-2009)

This paper contributes to the debate concerning the sources of growth of newly industrializing East Asian economies, of which Malaysia is an example. It provides an empirical analysis of total factor productivity (TFP) in Malaysia for the period of 1971- 1999. This paper finds that the TFP growth is estimated to be around 2% per annum over the last thirty year, somewhat higher than the previous estimates for four Asian Tigers but remain a small fraction of the actual GDP per worker growth. The variables found to have significant influence on TFP growth in Malaysia during 1971-1999 are related to …

The Economic Impact Of Aids/Hiv, Sridevi R. K. Narayanan

Student Works (2000-2009)

HIV/AIDS has become a seemingly important health, as well as socio economic issue that has crippling effects on the economy of a nation. It not only has serious implications on the high risk behaviour groups but tends to spill over to affect the economic performances or a nation. At the same time poor economic conditions do tend to promote the high incidences of the diseases especially poorly developed nations such as the South African countries The purpose of this study is to examine the economic impact of HIV/AlDS in Malaysia. Although it is a recent phenomena, and HIV//\IDS prevalence in …