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Full-Text Articles in Behavioral Economics

Analysis Of The Impact Of Cash Out-Flow From The Banking Sector On The Sudanese Economy, Issam A.W. Mohamed Professor Feb 2011

Analysis Of The Impact Of Cash Out-Flow From The Banking Sector On The Sudanese Economy, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

Sudan as an example of LDCs the banking sector has been suffering from the problem of cash outflow over the last three decades, generating the following impacts: Loss of banking sector of its role of financial inter-mediation, cash scarcity in the banking sector, large government borrowings from unreal source of finance, thus, more inflation. The research attempts to specify the main determinants of cash outflow from the banking sector in Sudan (during the period 1972-2001). Hence, those revealing the major impacts of the cash outflow on the economic activity and rates of inflation. The research hypotheses were: (1) the Banks …


Effects Of Multicollinearity On The Estimation Of Macroeconomic Variables: Using Data From Sudan, Professor Issam A.W. Mohamed Jan 2011

Effects Of Multicollinearity On The Estimation Of Macroeconomic Variables: Using Data From Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The problem of multicollinearity in the assessments of coefficients is well established. However, it is rarely researched in the estimations of macroeconomic variables and economic performance of developing countries. Predicatively, it has impacts on the estimations of coefficients that should be used in economic decisions, strategic planning and if researchers are more industrious estimations of monetary supplies and demands. All such parameters are very basic and essential in economic plannings and their applications should be done not only in research but in ground applications of the specialized authorities, e.g., Ministries of Finance, Central Banks, Pricing Units, etc. However, that is …


Power Game, Stockholm Pathogen, Tyranny And The Disintegration Of The Sudanese Nation, Professor Issam A.W. Mohamed Jan 2011

Power Game, Stockholm Pathogen, Tyranny And The Disintegration Of The Sudanese Nation, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The present paper is part of unpublished book divided into three interrelated manuscripts that analyze the collapse of the Sudan. The current paper suggests that the national salvation coup de etat power-overtaking and the creation of the NCP (National Congress Party) dominated Sudan only a process similar to Pathogenic Stockholm Syndrome. That conforms with what Gramsci suggests as an inevitable methodology to have sustainable hegemony over a whole nation for a prolonged time. Religious dogma was a permeation throughout society of an entire system of values, attitudes, beliefs and morality that have the effect of supporting the status quo in …


On Tyranny And Economic Greed: The Ncp And The Disintegration Of The Sudanese Nation, Professor Issam A.W. Mohamed Jan 2011

On Tyranny And Economic Greed: The Ncp And The Disintegration Of The Sudanese Nation, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The present paper is part of unpublished book divided into three interrelated manuscripts that analyze the collapse of the Sudan. The current paper conclude that the decision of the International Criminal Court to arrest President Bashir triggered a process for the disintegration of an unprecedented tyrannical regime that embezzled the Sudanese nation under the pretext of imposing Islamic Sharia Laws. However, there is a pronounced prominent conflict manifested here which is the question whether it was a real Islamic laws, or was it only a powerful tool to control the country. The dogma imposed hegemonic regime that extracted all economic …


Collective Choice, Justin Schwartz Jan 2011

Collective Choice, Justin Schwartz

Justin Schwartz

This short nontechnical article reviews the Arrow Impossibility Theorem and its implications for rational democratic decisionmaking. In the 1950s, economist Kenneth J. Arrow proved that no method for producing a unique social choice involving at least three choices and three actors could satisfy four seemingly obvious constraints that are practically constitutive of democratic decisionmaking. Any such method must violate such a constraint and risks leading to disturbingly irrational results such and Condorcet cycling. I explain the theorem in plain, nonmathematical language, and discuss the history, range, and prospects of avoiding what seems like a fundamental theoretical challenge to the possibility …


Trust And Trustworthiness Among Economics Majors, Utteeyo Dasgupta, Arjun Menon Jan 2011

Trust And Trustworthiness Among Economics Majors, Utteeyo Dasgupta, Arjun Menon

Utteeyo Dasgupta

We use a simple trust-game to elicit trusting and trustworthy behavior among students majoring in economics and other disciplines. We also administer a Social Values Orientation (SVO) survey to evaluate any possible correlation between an individual's levels of trust indicated in the survey and his/her action in the game. Our results suggest that although students pursuing a major in economics appear to be no different than other students in choosing trusting actions, when it comes to being trustworthy, the former group always chooses the self payoff maximizing action rather than the trustworthy action. Scores from the SVO survey do not …


Assessment Of The Foreign Non-Government Organizations' Role In Sudan, Professor Issam A.W. Mohamed Jan 2011

Assessment Of The Foreign Non-Government Organizations' Role In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The study presented reviews activities of NGOs in Sudan. That was a disputable issue that resulted in a mass expulsion of many in 2009. However¸ there were precedents of such expulsions in previous and following years. The paper discusses humanitarian work in Sudan, positive and negative sides. Reasons are that part of the hypothetical framework here is that their activities in the country are indispensible. The country still faces many humanitarian suffering in most of its regions and international aid is direly required. Thus, it is essential to rectify their modus operandi to be consistent with the culture of the …


Impacts Of Tribal And Economic Factors On Civil Conflict Between North And South Sudan, Professor Issam A.W. Mohamed Jan 2011

Impacts Of Tribal And Economic Factors On Civil Conflict Between North And South Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The crisis of Greater Darfur Region of Sudan extends to other regions as the South Sudan prepares for secession next July 2011. In the past eight years Sudan's crisis in Darfur was amplified by global news media all over the world. Civil conflict erupted, developed into armed rebellions and open uncontrolled war that enveloped the whole region. The current inflamed undecided and unmarked future borders between the south and north are also facing growing tensions. In this current paper we present some information on what we see as the seeds of conflicts with complicated tribal structures in both sides and …


Optimization Of Hydroelectric Power Generation, Case Study Of Roseires Dam In Sudan, Professor Issam A.W. Mohamed Jan 2011

Optimization Of Hydroelectric Power Generation, Case Study Of Roseires Dam In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Water reservoirs are large pools of water created stream or river catchment's areas and torrential rains and for storing water for use in many ways, and perhaps electric power generation is one of the most important uses of these reservoirs and for agriculture. That is extremely beneficial considering a rare and limited economic resources. Applied stochastic processes model has been applied in the work of Roseires dam, in order to develop a system to generate the highest possible power in the resources available. The current paper aims to apply another model, which is a dynamic programming model to verify the …


Humanitarian Aid, Internal Displacement And Social Impacts In Sudan, Professor Issam A.W. Mohamed Dec 2010

Humanitarian Aid, Internal Displacement And Social Impacts In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The study presented here reviews activities of NGOs in Sudan by surveying and studying the activities of Save the Children of United Kingdom. Activities of NGOs in Sudan were always a controversial issue that resulted in the expulsion of many in 2009. There were also precedents of such expulsions in previous and following years. The paper discusses humanitarian work in Sudan, positive and negative sides. The case study's activities of the Save the Children efforts in Jebel Aulia Internally Displaced People, specially their efforts in education were investigated. It is concluded that introduce invaluable help in educational field, building classes …


Determination Of Import Demand In Pakistan: The Role Of Expenditure Components, Muhammad Irfan Chani, Zahid Pervaiz, Amatul R. Chaudhary Dec 2010

Determination Of Import Demand In Pakistan: The Role Of Expenditure Components, Muhammad Irfan Chani, Zahid Pervaiz, Amatul R. Chaudhary

Muhammad Irfan Chani

The paper uses imperfect substitution approach to derive the aggregate import demand function on the basis of disaggregated expenditure components. This derived import demand function is then empirically tested for Pakistan by using co-integration and error correction mechanism. The empirical results show that elasticity of import demand with respect to different macro components of final expenditure is different. The import demand in Pakistan is affected positively and significantly by all expenditure components. The relative prices have negative but insignificant relationship with import demand in Pakistan. The findings indicate that use of aggregate expenditure variable in the aggregate import demand function …


Poverty, Inflation And Economic Growth: Empirical Evidence From Pakistan, Muhammad Irfan Chani, Zahid Pervaiz, Sajjad Ahmad Jan, Amjad Ali, Amatul R. Chaudhary Dec 2010

Poverty, Inflation And Economic Growth: Empirical Evidence From Pakistan, Muhammad Irfan Chani, Zahid Pervaiz, Sajjad Ahmad Jan, Amjad Ali, Amatul R. Chaudhary

Muhammad Irfan Chani

This study aims to investigate the role of economic growth and inflation in explaining the prevalence of poverty in Pakistan. ARDL bound testing approach to co-integration confirms the existence of long run relationship among the variables of poverty, economic growth, inflation, investment and trade openness over the period of 1972-2008. Empirical results show that economic growth and investment have negative and inflation has positive impact on poverty. The effect of trade openness on poverty is insignificant in this study. The short run analysis reveals that economic growth has negative and inflation has positive impact on poverty whereas the role of …


Financial Crises And Economic Growth In Pakistan: A Time Series Analysis, Rauf -I- Azam, Iram Batool, Rabia Imran, Muhammad Irfan Chani, Ahmed Imran Hunjra, Javed Mahmood Jasra Dec 2010

Financial Crises And Economic Growth In Pakistan: A Time Series Analysis, Rauf -I- Azam, Iram Batool, Rabia Imran, Muhammad Irfan Chani, Ahmed Imran Hunjra, Javed Mahmood Jasra

Muhammad Irfan Chani

The purpose of this research is to investigate causal relationship between economic growth and major indicators of financial crisis -- inflation rate, interest rate and the volume of foreign debt-- in Pakistan. This study also highlights the stability of the relationship between indicators of financial crisis and economic growth. The annual time series data ranging from 1972 to 2010 is used for the analysis. Johansen's co-integration test is used to check the stability of long nm equilibrium relationship between the variables used in the study. The results indicate that is long nm stable equilibrium relationship between economic growth and the …


Gender Inequality And Economic Growth: A Time Series Analysis For Pakistan, Zahid Pervaiz, Muhammad Irfan Chani, Sajjad Ahmad Jan, Amatul R. Chaudhary Dec 2010

Gender Inequality And Economic Growth: A Time Series Analysis For Pakistan, Zahid Pervaiz, Muhammad Irfan Chani, Sajjad Ahmad Jan, Amatul R. Chaudhary

Muhammad Irfan Chani

This paper attempts to analyze the impact of gender inequality on economic growth of Pakistan. An annual time series data for the period of 1972-2009 has been used in this study. We have regressed growth rate of real gross domestic product (GDP) per capita on labour force growth, investment, trade openness and a composite index of gender inequality. The results reveal that labour force growth, investment and trade openness have statistically significant and positive impact whereas gender inequality has a significant and negative effect on economic growth of Pakistan.