Growth and Development Commons^™

Understanding The Technical Operation Of Mortgage Market: Financing Options And Valuation Techniques, Femi Ekundayo

Economic and Financial Review

This paper aims to discuss the. evolution of mortgage banking in Nigeria, development and practice of mortgage financing and valuation techniques using Primary Mortgage Institutions (PMI) as a thrust. It is also to elicit contributions from others and subject the final product to further research for development of the scheme in Nigeria.

The National Housing Fund Scheme: The Journey So Far, O. A. Adeniji

Economic and Financial Review

This article reviews the National Housing Fund and highlight the successes and constraints. The rest of the article is divided into five sections. Section 2 reviews the National Housing Fund Scheme. The lessons of experience from other countries are contained in section 3, while section 4 highlights the achievements of the Federal Mortgage Bank of Nigeria (FMBN) since the inception of the reforms. The problems militating against the effective implementation of the NHF is the focus of section 5. Section 6 concludes the article.

Welcome Address At The In-House Seminar On The Mortgage Industry In Nigeria: Issues, Challenges And Prospects, Y. Nuhu

Economic and Financial Review

This is the welcome address by Alhaji Y. Nuhu at the in-house seminar on "the mortgage industry in Nigeria: issues, challenges and prospects", for CBN Executive Staff, Bauchi, October 24 - 28, 2005.

Special Remarks At The In-House Seminar On The Mortgage Industry In Nigeria: Issues, Challenges And Prospects., O. J. Nnanna

Economic and Financial Review

This is the special remarks by Dr. O. J. Nnanna at the in-house seminar on "the mortgage industry in Nigeria: issues, challenges and prospects", for CBN Executive Staff, Bauchi, October 24 - 28, 2005.

Keynote Address At The In-House Seminar On The Mortgage Industry In Nigeria: Issues, Challenges And Prospects, Obadiah Mailafia

Economic and Financial Review

This is the keynote address by Dr. Obadiah. Mailafia at the in-house seminar on "the mortgage industry in Nigeria: issues, challenges and prospects", for CBN Executive Staff, Bauchi, October 24 - 28, 2005.

Legal And Regulatory Framework For The Mortgage Industry In Nigeria, J. A. Akinwale

Economic and Financial Review

This article examines the legal and regulatory framework for the mortgage industry in Nigeria. The outline of major issues on legal and regulatory framework for mortgage institutions discussed in the article include: Functions of PMI’s vis-a-vis their enabling laws and role in the overall financial system; licensing; assets and liability powers; capital requirements; supervision; disclosure and verification of information; staffing, and developmental issues.

An X-Ray Of The Mortgage Industry In Nigeria, Fortune Ebie

Economic and Financial Review

This article provides a detailed examination of the Mortgage Industry in Nigeria with a view to identifying the issues, challenges and prospects. The rest of the paper is divided into five sections. The overview of housing industry in Nigeria is the focus of section 2 while section 3 reviews the structure of the mortgage industry. Section 4 focuses on the regulatory/institutional framework for mortgage financing in Nigeria. The x-ray of mortgage industry is undertaken in section 5 while section 6 concludes the paper.

Mortgage Institutions And Financing In Nigeria: Performance, Constraints And Prospects, S. A. Oni

Economic and Financial Review

The article, mortgage institutions and financing in nigeria: performance, constraints and prospects, reviews the performance of the mortgage institutions in Nigeria. The rest of the paper is divided into four parts. Following this introduction is part 2 that focuses on the evolution of mortgage financing in Nigeria. Part 3 reviews the performance of mortgage institutions, while part 4 highlights the constraints in the sub-sector and the prospects of mortgage financing in Nigeria. Part 5 concludes the paper.

The Land Tenure System: Which Land Title For The Nigerian Mortgage Industry?, J. A. Akinwale

Economic and Financial Review

The article examines among issues raised in the 2001 Report of the Presidential Committee on Urban Development and Housing, which made recommendations for the National Housing Policy. ln order to appreciate the kind of land tenure system that is operated in the country, the objective of this paper is to highlight the process and procedure individuals or corporate bodies will have to go through in order to secure finance for building or buying a house. The paper is divided into three sections. Following this introduction, is section two which discusses mortgage loan perfection, while section three appraises the land tenure …

The Nasa Glenn Research Center: An Economic Impact Study Fiscal Year 2004, Robert Sadowski

All Maxine Goodman Levin School of Urban Affairs Publications

The John H. Glenn Research Center at Lewis Field (Glenn) is one of 10 National Aeronautics and Space Administration (NASA) Centers. Glenn is situated on 350 acres adjacent to Cleveland Hopkins International Airport. Its physical plant includes over 150 buildings that contain a unique collection of world-class test facilities. Glenn also includes the 6,400-acre Plum Brook Station near Sandusky, Ohio, 50 miles west of Cleveland. It specializes in large-scale tests that would be hazardous within the confines of the main campus.

Transforming Our Regional Economy, Ziona Austrian, Ed Morrison, Laszio Kozmon

All Maxine Goodman Levin School of Urban Affairs Publications

This strategic action plan focuses on the future of Cuyahoga County and sets forth a roadmap to build a more prosperous economy. It is not the only road map available to us, and we can certainly improve upon it. But, it is a roadmap that is practical, one that we can begin using today. We have set out initiatives that can and should be implemented.

An Evaluation Of The Renaissance Zone Programs Of Michigan, Yuanlei Zhu

Dissertations

This dissertation analyzes whether the Renaissance Zone (RZ) programs in the state of Michigan are effective in helping distressed urban areas. The unique ES202 data permits us to use both establishment level data and aggregated zip level data to examine the impact of RZ programs on the establishment number and the firms' employment, real wage, and life duration. Based upon the presumption that different firms are sensitive to the tax incentives in different ways, this study examines the impact on all firms, on new firms, dead firms, and existing firms, on manufacturing and service firms, and on large and small …

Borderplex Economic Outlook: 2005-2007, Thomas M. Fullerton Jr.

Border Region Modeling Project

No abstract provided.

Do Imports Cause Economic Growth? A Time-Series Investigation Of The U.S. Data, Peter J. Saunders, Koushik Ghosh

All Faculty Scholarship for the College of Business

This paper investigates the relationship between imports and economic growth in the US in the long run and the short run. Quarterly data ranging from the first quarter of 1970 to the fourth quarter of 2000 are used to investigate this relationship. Cointegration tests using Johansen's (] 988) technique are used to analyze the long run relationship between imports and economic growth (measured by nominal GDP). Test results indicate that imports and economic growth are related in the long run. The short run analysis of the data is conducted within vector error correction (VEC) testing framework. VEC rest results indicate …

The Role Of Tibetan Buddhism And Culture In Sustainable Development (A Case Study Of Yubeng Village), Frazer Lanier

Independent Study Project (ISP) Collection

During a lecture by Li Bo, of CBIK (the Center for Biodiversity and Indigenous Knowledge a Chinese NGO), I was given a glimpse into the role that culture plays within poverty alleviation and environmental conservation. While poverty alleviation aims to develop community economies, this goal is usually seen as being in conflict with environmental conservation because it requires the use of environmental resources. This is a common misperception. According to Gou Jing’s article Gateway between Culture and Nature， “man’s touch bestows nature with culture” (Guo Jing 12). The interaction between nature and humans is the foundation for culture and the …

The Road To Recovery: Economic And Social Development In Srebrenica, Bosnia-Herzegovina, Erinn Lachner

Independent Study Project (ISP) Collection

Srebrenica, Bosnia-Herzegovina is recreating itself. This municipality, located in the Republic of Srpska, is the setting of the 1995 genocide, which murdered 8,000 Muslim men and boys. Destroyed by the war, this municipality is rebuilding its economy, infrastructure and civil society from scratch. Srebrenica has made a large amount of progress in the past ten years, with the help of international and local donors. These donors have contributed millions of dollars to the effort. However, Srebrenica still faces many obstacles, namely, high unemployment, lack of physical infrastructure and poor attention to social welfare. While slow, progress is made everyday in …

Coral Reef Tourism And Conservation In Bocas Del Toro: An Analysis Of Ecotourism And Its Tour Guide-Based Components, Rebecca Kayes

Independent Study Project (ISP) Collection

Tourism of the coral reefs in Bocas del Toro is an important economic activity but also potentially harmful to the environment, creating an ecologically and economically unsustainable situation and doubts that the region engages in “ecotourism.” Coral reef tourism was analyzed with a specific emphasis on tours, tour guides, tourist motivations, tourist education and conservation-related activities. Research methods included participant observation in the tourism world in Bocas, interviews with guides, tourists and community members, and a tourist survey. Though local popular opinion disagrees, data collected shows tourism in Bocas does not emphasize reefs or reef conservation, a potentially catastrophic situation …

The Super Market: Examining The Bangladesh Market As A Model For Local Economic Development, Sally K. Smyth

Independent Study Project (ISP) Collection

No abstract provided.

The Role Of Malagasy Women In Community Development: Analyzing The Potential For The Creation Of A Women’S Association For Alternative Livelihoods In Ifaty, Amanda Fencl

Independent Study Project (ISP) Collection

Integrated Conservation and development projects (ICDPs) have increased in number worldwide as conservation organizations have to come to terms with the importance of involving and addressing the needs of local human populations to order to achieve their conservation goals. Madagascar’s unique biodiversity, environmental degradation, and plaguing poverty has made ICDPs crucial in achieving national goals of tripling the area of natural heritage conserved and poverty reduction through socially, economically, and ecologically sustainable development. In order to understand how such sustainable development can be achieved, it is essential to spend time enhancing one’s understanding of the local mentality and worldview. On …

Institutions, Wages, And Inequality: The Case Of Europe And Its Periphery (1500-1899), Davin Chor

Research Collection School Of Economics

This paper explores the long-run relationship between institutions and wage outcomes in Europe and its periphery. I find that cities that exercised stronger institutional protection of private property experienced: (i) higher levels of both skilled and unskilled real wages, as well as (ii) lower levels of inequality as measured by the skilled-unskilled wage ratio. While the first result corroborates existing work on the positive growth effects of better institutions, the second finding is more novel to the literature. Some explanations are proposed for how stronger institutions can cause an increase in the relative supply of skilled workers, thus lowering wage …

Looking Beyond The Shipyard: Economic Development Challenges Of Southern Maine And Seacoast New Hampshire, Charles S. Colgan

Regional Studies

The threatened closure of the Portsmouth Naval Shipyard has spurred an intense examination of the future economic prospects for York County, Maine and Rockingham County, New Hampshire. This report provides the first integrated analysis of the shipyard’s effects on both the Maine and New Hampshire economies. The shipyard accounts for more than 10,000 direct and indirect jobs across the two-state region. Over 80% of these jobs are in York County, with an additional 10% in Rockingham County and the balance spread through the rest of Maine and New Hampshire. The total jobs associated with the shipyard account for 3.5% of …

Occupation Analysis For The Greater Cleveland Area, Jun Koo

All Maxine Goodman Levin School of Urban Affairs Publications

Occupation is an important aspect of regional economy; it has been forgotten, however, in most studies of regional economies. We developed a set of benchmark occupation clusters that share similar knowledge and skills and examined the Cleveland metropolitan area based on the derived occupation clusters.

Trade, Growth And Increasing Returns To Infrastructure: The Role Of The Sophisticated Monopolist, Ashok S. Guha, Brishti Guha

Research Collection School Of Economics

We consider a model of international trade with increasing returns in a non-traded input into industry, infrastructure, and show that the nature of equilibrium depends crucially on whether the infrastructure provider acts in a naïve manner – akin to a Level 1 agent in a cognitive hierarchy (C-H) model – or in a more sophisticated manner. Infrastructure requires a fixed investment and is produced under decreasing marginal costs, and we model two possible market forms, monopoly and Cournot oligopoly with free entry – both capable of generating pecuniary externalities in the manufacturing sector . Unlike most other work exploring the …

Understanding The Rise And Transformation Of Business Collective Action In India, Aseema Sinha

CMC Faculty Publications and Research

Scholars of business associations have recently learned a great deal about how associations contribute to development, but much less about the origins of such developmental associations. This essay introduces and assesses a new political explanation for the origins of ‘developmental associations.’ Conventional wisdom holds that developmental associations must be able to rise above political and collusive pressures and establish autonomy from states. Yet, I argue that these associations’ developmental capacities emerge as a result of active state support by key actors, and in response to challenges and threats posed by competitive business organizations. Developmental associations emerge and acquire their capacities …

Examining The Impact Of Parental Involvement In A Dual Language Program: Implications For Children And Schools - Ollas Report No. 2, J. F. Casas

Latino/Latin American Studies Reports

This study focuses on a dual language (Spanish-English) program in the Omaha Public Schools. Dual language programs are programs in which children develop proficiency in two languages simultaneously. These programs are currently seen as the gold standard second language education because of the large amount of empirical support they have received with respect to children’s academic gains. All of the dual language classrooms are comprised of half native English speakers and half Spanish speakers.

Parental involvement has received much empirical attention with respect to traditional school programs; however, little is known about the role of parental involvement in dual language …

Beachwood's Economy: Analytical Report, Iryna Lendel, Ziona Austrian

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

Northeast Ohio Manufacturing Analysis: A Working Paper In Support Of Global Northeast Ohio Manufacturing Roadmap Initiative, Ziona Austrian, Iryna Lendel

All Maxine Goodman Levin School of Urban Affairs Publications

This report presents the results of a study of manufacturing activities in Northeast Ohio (NEO). The report’s purpose is to provide an understanding of recent trends in regional manufacturing industries in the context of longer-term trends and the national economy.

The Impact Of Trade Liberalization On Growth, Unemployment, And Poverty In Bangladesh, Maha Z. Mirza

Graduate Program in International Studies Theses & Dissertations

Trade liberalization has been one of the major policy components of the governments of the developing countries in the recent decades. Bangladesh as many other developing nations, has adopted different measures of trade reform policies as an element of International Monetary Fund's (IMF) Structural Adjustment Program (SAP), as well as to be an integral part of the world wide trend of globalization. Such policy measures include the reduction/rationalization of tariff rate, simplification of import and export trade procedures, relaxation of restrictive trade policies, and reform of financial and monetary policies. Even though, the trade reform measures were anticipated to increase …

California’S Ocean Economy, Judith T. Kildow Dr, Charles S. Colgan

Publications

California’s Ocean Economy is the most expansive study of its kind in the nation and provides an update to the 1994 economic study conducted by the California Research Bureau and later released as part of the Resources Agency ocean strategy titled, California’s Ocean Resources: An Agenda for the Future. This report from the National Ocean Economics Program (NOEP) provides a more comprehensive understanding of the economic role of California’s ocean resources than has been available to date. It also provides California with strong evidence that its unique ocean and coastal resources are important to sustaining California’s economy. This information highlights …

Post-Consolidation Challenges., Biodun Adedipe

Bullion

This paper tend to look at the huge complexity of a consolidation programme of the kind embarked upon by the CBN demands caution, constant reappraisal of strategies and actions, and full attention to the identified and emerging challenges. The paper is structured into three parts, dealing with the benefits of a properly conceived and effectively implemented consolidation programme, which has several components. beyond the benefits, the challenges that the banking industry stakeholders (especially the Central Bank of Nigeria) will face when the "dust settles". The final part offers some advice on what the CBN and other stakeholders should do in …