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Full-Text Articles in International Economics
New Institutional Economics: Political Institutions And Divergent Development In Costa Rica And Honduras, Maynor Alberto Loaisiga Bojorge
New Institutional Economics: Political Institutions And Divergent Development In Costa Rica And Honduras, Maynor Alberto Loaisiga Bojorge
Honors Projects
For most of their histories, Costa Rica and Honduras were primarily agricultural societies with little economic diversification. However, around 1990, after the implementation of Washington Consensus reforms, the economies of both nations began to diverge. Costa Rica’s economy rapidly expanded for the following 30 years, while Honduras remained stagnant. Through a New Institutional Economics approach, I argue that institutional differences between Costa Rica and Honduras are responsible for the impressive economic growth Costa Rica has been able to achieve in the past few decades. Specifically, early political developments in Costa Rica have deeply imbedded relatively egalitarian values into the population, …
China's Unbalanced Development, And What We Can Learn From It, Manfredo F. Camperio Ciani
China's Unbalanced Development, And What We Can Learn From It, Manfredo F. Camperio Ciani
Senior Theses and Projects
This paper argues that China’s development is unbalanced, and to see the unbalance we must divide the concept of development into different categories representing its different aspects, such as economic, urban, social, and sustainable. By looking at the different characteristics of development through time, it is possible to see where the unbalance lies. Furthermore, we learn that by categorizing the nature of development, we can gain a more comprehensive insight into the development of individual countries. In conclusion, this paper proposes the creation of a possible Development Index, as it can provide greater understanding of each country’s development.
The Fii Model As An Investment In Patience: Exploring Time Preferences In Medellin, Colombia, Jennifer Graham
The Fii Model As An Investment In Patience: Exploring Time Preferences In Medellin, Colombia, Jennifer Graham
Master's Theses
The motivation for this research is to explore the success behind the Oakland based Family Independence Initiative (FII) as a model for poverty alleviation. During the period of June-December 2012, nearly 200 small business owners in Medellin, Colombia participated in a field experiment intended to replicate the FII model by randomizing the treatments of setting goals, receiving conditional payments, and participating in self-help groups, as well as the combinations thereof. The data shows that the subjects in the full FII treatment group achieve more goals and have significantly higher monthly sales than those subjects in any other treatment or control …