International Economics Commons^™

Trump And Asia, Singapore Management University

Perspectives@SMU

The American president is off to an uncertain start in his first 100 days in office but his administration could yet develop a coherent foreign policy

A Tanzanian Woman's Place Is On Top: An Exploration Of Women's Participation In Kilimanjaro's Trekking Tourism Industry, Margeaux Prinster

Sustainability and Social Justice

While high poverty rates persist for women in Tanzania, the growing trekking tourism industry surrounding Mount Kilimanjaro and its resulting demand for labor presents these impoverished women with a potential avenue for economic empowerment. This paper examines the national and local realities of women’s work in Tanzania, analyzing culturally informed gendered patterns of employment against the colonial and sexist histories of tourism and commercial mountaineering on Mount Kilimanjaro to identify barriers to women’s economic participation in Kilimanjaro’s trekking tourism industry. This analysis is followed by a cross-cultural comparison with Nepal, focusing specifically on women’s barriers to participation in commercial mountaineering, …

The Revival Of The Philippine Economy, Cesar V. Purisima, Philip Charles Zerrillo

Asian Management Insights

The former Secretary of Finance for the Philippines and Chair of the Economic Development Cluster from 2010 to 2016, Cesar V. Purisima, talks about the turning around of the Philippine economy and restoring investor confidence, in this interview with Philip Zerrillo.

Barriers To The Diffusion Of Renewable Energy Technology In Mongolia Lee, Madeline Academic Director: Sanjaasuren, Ulziijargal Claremont Mckenna College International Relations Mongolia: Ulaanbaatar, Darkhan, Salkhit, Hatgal Nomadism, Geopolitics, And The Environment Sit Study Abroad Spring, Madeline Lee

Independent Study Project (ISP) Collection

As the international community looks promote sustainable development in developing countries, many policies have focused on the introduction of renewable energy technology (RET). For Mongolia specifically, RET is both a viable and optimal option, considering the country’s vast natural resources and the unsustainability of the country’s existing energy system. However, Mongolia has faced challenges with the development of its RET sector and still largely relies on international assistance and funding to develop largescale projects.

This study analyzes the barriers that Mongolia faces to the effective diffusion of RET into Mongolian society. Over the course of four weeks, 10 individuals were …

Ex-Dividend Price Behavior In Spanish Speaking Markets: Do Stocks Behave Differently In Spain, Mexico, And Chile?, Kayla E. Nikosey

Honors Projects in Finance

The main focus of this thesis is to analyze the behavior of stock price on ex-dividend day of ADRs in Spain, Mexico, and Chile. Announcement date, and ex-dividend date for each ADR is collected to be analyzed against the other ADRs. One would expect different behaviors in the different markets because of different tax treatments in Chile, Mexico, and Spain. Traditional event testing is being used to analyze the stock price behavior on and around ex-dividend days. The event test measures the impact of regulatory events and allows for abnormal changes in stock prices that occur in conjunction with dividend …

The Impact Of Aid On The Economic Growth Of Developing Countries (Ldcs) In Sub-Saharan Africa, Maurice W. Phiri

Gettysburg Economic Review

Least Developed Countries (LDCs) of Sub-Saharan African have been recipients of official development assistance for more than 5 decades; however they are still characterized by chronic problems of poverty, low living standards and weak economic growth. The hot question is: Is aid effective in promoting economic growth? Thus, this paper investigates the impact of aid on the economic growth of 12 least developed countries in Sub-Saharan Africa over a period of 20 years. I take a fixed effects instrumental variable approach and the results imply that aid has a statistically insignificant negative impact on economic growth. I therefore conclude that …

The Gettysburg Economic Review, Volume 10, Spring 2017

Gettysburg Economic Review

No abstract provided.

Sustainable Mining For Long Term Poverty Alleviation In The Democratic Republic Of The Congo, Ellen Perfect

CMC Senior Theses

This thesis explores the poverty alleviation and peace-spoiling power of the mineral extraction sector in the Democratic Republic of the Congo to arrive at a set of strategic goals for the country moving forward. Although subterranean minerals are often a source or perpetuator of violence, the potential to lift the country’s rural communities out of extreme poverty makes the mining industry an essential part of the nation’s development strategies. Lessons from Tanzania, Côte d’Ivoire, Guinea, Ethiopia, Zimbabwe, Nigeria, Ghana, Zambia, Uganda and Sierra Leone to arrive at best practices for increasing the multiplier effect of large-scale mining, formalization, beneficiation, capital …

Why Did China Do This? An Analysis On China's New Gasoline "Price Floor" Policy, Youhan Ding

Scripps Senior Theses

Why did China choose certain policy over others that would achieve similar impact? Because China has a significant presence in the modern international community, it is difficult yet critical to understand the policy implications of the Chinese government under its unique political and socioeconomic context. This thesis shows the impact of a specific “price floor” policy China chose to employ in its oil and gasoline market, and identifies the factors concerning the Chinese regime that it took into consideration in the decision making process, through analysing data and official statements released by the government. After different parties affected by this …

Autarky Or Interdependence? U.S. Vs. European Security And Defense Industries In A Globalized Market, Diane Maye Zorri

Publications

Globalization theorists show how downward pressure to compete and/or

save costs in global markets will lead producers and consumers to source

goods and services in the cheapest and most efficient manner. However, in

certain sectors, such as the defense industry, security concerns and politics

can overshadow economic logic when it comes to making procurement

decisions. These political and security concerns keep the U.S. defense

industry from using the most cost-effective supply chains and

manufacturing centers, whereas in Europe, post-Cold War socioeconomic

and political realities allowed for more transnational cooperation on

defense procurement. Three cases serve to illustrate the spectrum between …

Contents

Georgia Journal of International & Comparative Law

No abstract provided.

Emigration, Repatriation And The Reality Of Returned Youth In El Salvador, Isabel C. Duarte Vasquez

Master's Theses

According to US Customs and Border Protection, over 59 thousand unaccompanied minors from the Northern Triangle (Guatemala, Honduras and El Salvador) have been detained at the US border, of those 59 thousand, 17 thousand are from El Salvador. El Salvador is home to some of the most dangerous and ruthless gangs of the twenty-first century. Their ruthlessness comes from 1980s guerrilla warfare experience. In addition, El Salvador serves as a transshipment point for illicit substances from South America into Mexico. These dynamics fuel the homicide rate of the region as local gang members must protect their territory by any means …

Crafting Chaos: The Classification Of Unilateral Transfers Under The Current Account At Bretton Woods And Its Impact On Remittances To The Indian State Of Kerala, Anish Gawande

Undergraduate Economic Review

This essay aims to analyse the classification of unilateral transfers under the current account at Bretton Woods despite significant opposition from larger delegations of major Allied powers, bringing to the forefront the global liquidity of remittances in the post-War years permitted by their fully currency convertible nature. Using the example of the Indian State of Kerala, this paper charts the relevance of their sustained uninterrupted flow to their subsequent exponential growth in the last three decades, using the case study as a pivot to argue for better policy measures that maximise their multiplier effect.

Evaluating The Conditions For China’S 4th Industrial Revolution Plan: A Neo-Schumpeterian Analysis, Hing Lee Henry Chan

Dissertations and Theses Collection

After 33 years (1979-2011) of close to double digit average annual economic growth, the Chinese economy decelerated to a mid-high single digit growth of approximately 7% per year since 2012. The country is currently facing the typical economic transition challenge of moving from being a high-middle income to high income economy. In response to this economic transition, the government launched an industrial innovation program that corresponds to the 4th Industrial Revolution in 2015-Made in China 2025, hoping to stabilize and rejuvenate China’s growth momentum through innovation. This thesis examines the pre-conditions for the successful implementation of this plan using the …

The Case For State-Led Trade Policies In Economic And Human Development, Prahlad Krishnan

Independent Study Project (ISP) Collection

This paper aims to examine the difference in effectiveness on development of least developed countries (LDCs) such as Uganda that opposing trade positions have. Specifically, the paper will look at development state economic policies versus neoliberal policies in both regional and global trade to determine how they both effect development as defined by the Human Development Paradigm and the Neoliberal (Economic) Paradigm.

Research for this paper came from a practicum-based internship with Southern and Eastern Africa Trade Information and Negotiations Institute Uganda (SEATINI). The internship provided guidance for independent research and allowed for participant observation. Information was also gathered through …

Why Ireland: How Bank Failure Was Their Key To Success, Nia R. Gillenwater

Claremont-UC Undergraduate Research Conference on the European Union

Despite Ireland’s status as the first EU country to receive a bailout, Ireland appears to be bouncing back extremely well from the ongoing financial crisis in Europe and the EU. Looking at recent Irish economic statistics it begs the question whether the government’s complete guarantee of all Irish debts was the best response. Ireland’s financial crisis seemed quite similar to America’s: for both the root causes are freely lending for real estate and property. The responses however, were very different. While America let Lehman Brothers fail and only provided a partial guarantee to its banks, Ireland provided a complete guarantee …

Natural Disasters In Latin America: The Role Of Disaster Type And Productive Sector On The Urban-Rural Income Gap And Rural To Urban Migration, Madeline Alice Messick

Dissertations

This research provides insight into the impact of natural disasters as drivers of rural to urban migration in Latin America and the Caribbean (LAC). Disasters of varying types are predicted to have differing impacts on the productive sectors of agriculture, industry, and services; which due to the concentration of the various productive sectors in either urban or rural areas, subsequently changes the urban-rural wage differential. Changes to the wage differential (as measured by the urban-rural income gap) are predicted to lead to movement between urban and rural areas until a new equilibrium wage is reached.

This dissertation first identifies a …

International Journal Of African Development, Vol. 3, Issue 2

International Journal of African Development

Complete issue of International Journal of African Development, Volume 3, Issue 2 - Spring 2016.

Corporate Responsibility In Peace Building, Conflict Prevention And Development: The Role Of The Mining Sector In Ghana, Abdul Karim Issifu

Journal of Interdisciplinary Conflict Science

This article seeks to explore the role of the mining sector in peace building, conflict prevention and community development in Ghana. After thoroughly reviewing secondary data, including articles, books, journals, newspapers, etc., via critical document review and qualitative research approaches the research found that, there is no legal document on CSR in Ghana, yet mining companies in a free will, have executed CSR programs laying down for peace, security and development in the country. More so, this article provides a theoretical support for the Integrative theory of CSR on the basis that, the socio-economic, political, cultural and environmental needs of …

Preferential Trade Agreements And Quality Of Government In Sub-Saharan Africa, Sharon Camara

Dissertations

Objectives. Sub-Saharan African (SSA) nations have made concerted attempts at economic integration and openness with use of preferential trade agreements (PTAs) beginning in the latter half of the 1990s. These changes could result in increases in trade and growth. The World Bank’s Good Governance indicators are designed to assess the quality of institutions in a given country. The objective is to assess the impact of PTAs and Good Governance indicators on trade in SSA nations. Methods. Data on trade y was generated based on exports defined by the International Monetary Fund’s (IMF) Direction of Trade statistics, and both OLS and …

Remittances As Contributor To Risk Management And Poverty Reduction In Grenada, Dianne Jntl Rosemary Forte

Dissertations

A Small Island Development States (SIDS) viewpoint is underrepresented in the existing migration literature. That perspective is necessary because SIDS geography creates a unique set of social and economic circumstances that predisposes small states to high vulnerability to external shocks from environmental events and influences emigration decision making. Like other SIDS, Grenada is characterized by small land mass, small population, limited opportunities for productive labor, and limited resources to efficiently support all the requirements of modern institutions. This has resulted in high levels of emigration and a pattern of circularity as Grenadian households make rational decisions to manage risk and …

Competition And Gains From Trade: A Quantitative Analysis Of China Between 1995 And 2004, Wen-Tai Hsu, Yi Lu, Guiying Laura Wu

Research Collection School Of Economics

This paper provides a quantitative analysis of gains from trade for China over the period of 1995-2004, which was when China's openness drastically improved. We decompose gains from trade in two ways. First, we disentangle pro-competitive effects from a traditional Ricardian effect. Second, we separate the effect due to tariff reductions from that due to reductions in non-tariff trade costs. Our quantitative analysis shows that the pro-competitive effects account for 25.4% of the total welfare gains from trade, whereas the allocative effciency alone accounts for 22.3%. We also find that tariff reductions account for about 31.6% of reductions of overall …

The Golden Straightjacket Is Out Of Style, Lacey Germana

Best Integrated Writing

Germana’s review of Thomas Friedman’s The Lexus and the Olive Tree provides careful summary and critique of Friedman’s argument and passionately calls for a balance between increased standards of living and careful stewardship of the earth.

The Distribution Of Globalized Power, Rachel Canter

Best Integrated Writing

Canter reviews Thomas Friedman’s The Lexus and the Olive Tree and observes the dissonance between our notions of globalization and global society; she offers an alternate worldview that pays respect to regional cultures and values.

Envisioning A Future For Ethiopian Small Farmer Involvement In Development And Food Security, William H. Cauffman

Student Publications

In this paper I attempt to answer the question of how small-scale Ethiopian farmers can best participate in, contribute to and benefit from the development process. In addition, I seek to clarify the implications and potential nature of local food systems and their ability to achieve greater food security through small farmer involvement. Modern development ideology often focuses on large scale projects and export-led growth, ignoring the importance of smallholder farmers and rural vitality. These farmers are increasingly marginalized through this process. In Ethiopia 85% of the population is employed in the agricultural sector, the majority being small farmers that …

Globalization Of Taste And Modernity: Tracing The Development Of Western Fast Food Corporations In Urban China, Anastasia Gonchar

Student Publications

Food globalization has become an important topic in the discourse on globalization. There has been a rapidly rising trend of multinational food corporations integrating and dominating foreign agro-food markets. A clear example of this trend is present in China, whose economy and food industry experienced an influx of foreign direct investment and multinational retail and restaurant branches during the country’s economic opening in the 1980s. The aim of this research is to analyze the development of food globalization through the lens of Western fast food corporations and their successful integration into the Chinese market. The research also assesses the companies’ …

Is Urban Food Demand In The Philippines Different From China?, Tomoki Fujii

Research Collection School Of Economics

Food is an essential good, and thus understanding its demand is important for the formulation of sound agricultural policies and developing sustainable agricultural business. A timely analysis of food demand is important because it can change over time not only because prices and incomes change but also because people’s taste itself also change. However, even in countries where food accounts for a sizable share of expenditure or where the agricultural sector accounts for a large share of output, careful analysis of food demand is often not readily available. In this study, we analyze the food demand in urban Philippines and …

The Gettysburg Economic Review, Volume 9, Spring 2016

Gettysburg Economic Review

No abstract provided.

European Union Membership And Levels Of Corruption, Kevin J. Morris

The Corinthian

Recent accessions to the European Union (E.U.) membership have been met with protests as critics noted the widespread corruption still rampant in both recent and established member countries. Given the global ramifications of the debt crises in Italy, Spain, and Greece, determining the efficacy of the E.U. Accession Reforms and Membership Criteria on corruption reduction is vitally important. Using European and Central Asian country-level data from the World Bank’s Global Development and Global Indicator database regional-level fixed effects, I estimate the impact of EU membership on corruption levels and find that E.U. membership has a small, but significant impact on …

A Critical Examination Of Oil Wealth Management Strategies And Their Effects On Economic Growth In The Gulf Cooperation Council Countries, Caroline J. Belmont

CMC Senior Theses

Despite their natural resources, the countries of the Gulf Cooperation Council (Kuwait, the United Arab Emirates, Saudi Arabia, Bahrain, Qatar, and Oman) have failed to live up to their economic potential, primarily due to their dependence on a revenue source with volatile prices and political significance in an unstable region. This thesis argues that the best way to convert oil wealth into consistent long term growth is through diversification, both by investing in foreign assets and by growing domestic sectors that are independent from oil and gas prices. The research further investigates the primary tool these countries have used to …