International Economics Commons^™

Sustainability: Buzz Word Or Future Of Fashion? Measuring The Feasibility Of Outright Sustainability Among Fast Fashion’S Biggest Agents, Ryan Miller

Apparel Merchandising and Product Development Undergraduate Honors Theses

Abstract

The fashion industry is currently experiencing unsustainable rates of pollution within its supply chains. The rapid increase in demand for short lead times perpetrated by large-scale retailers has led to hazardous practices negatively affecting both the environmental conditions and working conditions of producing countries. With this increased pressure, relationships between brands and suppliers have become untenable. Limited transparency and imbalanced power dynamics at the hand of the industry’s leading retailers require restructuring in order to build more sustainable and equitable supply-chain practices. Further, governmental regulation is currently limited in its capacity to enforce sustainable business practices on a global …

Food Security In Mauritius, Luke Hubbard

Economics Undergraduate Honors Theses

Located over 600 miles off the East coast of Madagascar, Mauritius is an island nation with a population of over 1.2 million people. In the summer of 2023, I had the opportunity to travel to Mauritius and conduct a representative food insecurity survey alongside other University of Arkansas and University of Mauritius students and professors. With more than 400 surveys in over 80 locations, we gathered data in every district on the primary island of Mauritius. The group used a survey based on the standard USDA question list and compiled the results to find that the population of Mauritius had …

Economic Anomalies Following The Handover Of Hong Kong, Nathan Martin

Economics Undergraduate Honors Theses

This paper seeks to examine and provide a possible explanation for economic anomalies in Hong Kong following its handover to China. Hong Kong was on a 99-year lease to the United Kingdom from China before being handed back over July 1^st, 1997. Due to the “one country, two systems” policy espoused in the handover agreement that was to be implemented for fifty years, this event marks a rare natural experiment of a peaceful regime change without a significant change in governance. This paper seeks to understand the impact of the act of regime change on selected key macroeconomic …

Community Development In Stann Creek, Belize, Connor O'Neill

Economics Undergraduate Honors Theses

This research attempts to understand the inner workings of community development by taking part in ongoing development projects in Belize. Through collaboration with existing government entities, we took part in meetings, surveys, and site visits to gather the data necessary for the development projects. These projects consisted of finding cost of production, collecting market research, and constructing business plans. During our time, we experienced multiple difficulties similar to those that developers consistently encounter. Ultimately, we gained valuable insight into procedures involved in community development, as well as being able to aid in ongoing development work.

The Influences Of The Public Health Care System And Education System On The Economic Growth Of Swaziland, Grace Greer

International and Global Studies Undergraduate Honors Theses

The Kingdom of Eswatini, also known as Swaziland, has one of the youngest populations in the world with over 70% of citizens being under the age of 18 years old. This creates a substantial opportunity for economic, social, and educational growth in a country previously plagued with diseases such as HIV/AIDS, poor health care infrastructure cutting off thousands from basic care, and an educational system with a very low attendance rate and an even lower graduation rate. By evaluating the root causes of such issues dating back to the colonial era there is an opportunity to reprioritize health care and …

Essays On Spatial Econometrics Application In Study Of Conflict And Economic Activity, Ahmed Sadek Yousuf

Graduate Theses and Dissertations

Spatial interaction and the locational structure between observations as well as availability of satellite derived data has meant a richer and more exhaustive exploration of topics relevant in development topics, particularly in areas of subnational economic activity and conflict. This research leverages thus spatial econometric techniques to dynamically decompose impacts from socio-economic determinants on conflict incidence (with setting in Sub-Saharan Africa). Later I also present a statistical framework (based on extension of Henderson’s approach (2012)) to augment official income figures at district / county level with multiple satellite derived signals, with specific context given to developing countries.

In the first …

Determinants Of Female Bargaining Power In Northern Mozambican Households, Sara Marilyn Gardner

Agricultural Economics and Agribusiness Undergraduate Honors Theses

Melinda Gates stated, “If you search for poverty, you will find women who don’t have power. If you explore prosperity, you will find women who do have power and use it.” Throughout Sub-Saharan Africa, women are expected to perform disproportional amounts of labor but are often ignored in household decision-making regarding social and economic matters. The United Nations Development Program (UNDP) states that women in Mozambique are highly disadvantaged, relative to men, due to low levels of education, maternal health risks, restricted economic prospects, and cultural norms. This study aims to better understand the causes of female empowerment in Northern …

Can Small-Scale Poultry Initiatives Alleviate Food Insecurity And Increase Empowerment For Women In Economically Disadvantaged Areas?, Patrick Daniels

Accounting Undergraduate Honors Theses

In the summer of 2019, I, along with 8 other students from the University of Arkansas departed the United States for the Central American country of Belize. Despite our limited knowledge of what Belize held in store for us, we were enthusiastic about the coming months. While we had different projects, we all set out with the same universal question in mind. How can we use the knowledge we have gained through education to make a positive impact on the lives of people living in an impoverished town? Some of the members of our team worked alongside local businesses to …

Merchants Without Borders: Qusman Traders In The Arabian Gulf And Indian Ocean, C. 1850-1950, Mansour Alsharidah

Graduate Theses and Dissertations

This dissertation is a history of the economic, social, and political life in Arabia, the Arabian Gulf, and the Indian Subcontinent from the mid-nineteenth to the mid-twentieth centuries. It draws on materials from al-Qasim, Kuwait, Bahrain, Karachi, Bombay, Calcutta, and London, in addition to travelers’ accounts. These materials and accounts are used to explore the extent and significance of al-Qasim’s international trade between Arabia and India through the Arabian Gulf. It further examines how Qasimi merchants mobilized commodities and traded in the port cities of the Arabian Gulf and the Indian Ocean, taking advantage of changing regional and global political …

Cultivating Alternative Subsistence Farming Practices In Dangriga, Belize, Alexander Johnson

Economics Undergraduate Honors Theses

Subsistence farming, also referred to as backyard farming, is an important opportunity for families in areas of low economic status. Small scale poultry farming is another practice often used by families in similar situations because of the financial and nutritional benefits provided. By combining the two practices in a process where they each benefit from the other, a sustainable system can be created. The poultry-garden system can provide a source of food for the household and, if run effectively, supplemental income can be generated through the sale of excess poultry, eggs, or vegetation. This project attempted to take the concept …

Perceptions Of The North American Free Trade Agreement And Mexican Migration: “What Is The Relationship Between Trade Liberalization And Labor Mobility?”, Colin Gonzalez

Political Science Undergraduate Honors Theses

In an effort to understand the effectiveness of the North American Free Trade Agreement, the author uses previous academic literature to assesses the success of the North American Free Trade Agreement’s primary and peripheral goals. To understand how North American citizens, perceive NAFTA and their future relationship with one another, the author uses survey data to analyze attitudes of American and Mexican citizens towards trade liberalization (NAFTA) and labor mobility. Regression analysis reveals that there is a positive relationship between labor mobility and trade liberalization for Mexican citizens but not for American citizens. This is a significant finding that contributes …

Three Essays On Corruption And Collusion, Arlo Redwine

Graduate Theses and Dissertations

This dissertation studies corruption and collusion with data derived from a laboratory experiment and household data. In Chapter 1 I study experimental procurement auctions with bribery and a public reserve to test for the tacitly collusive equilibrium described by Compte et al. (2005). Three sellers compete for 40 periods to sell a single item to a computerized buyer who accepts bribes and determines ties in bids and bribes randomly. In the closing periods, only 13.5% of auctions display the collusive equilibrium, but 58.7% of selling prices are noncompetitive. In comparison with simulated predictions for auctions that are corrupt but competitive, …

Gender Diversity Around The World: The Role Of Country Legal Regulations And Culture, Madison E. Newton

Economics Undergraduate Honors Theses

The goal of this project is to analyze the factors that contribute to the gender discrepancy in labor force participation rates around the world. This paper will explore potential drivers of the gender disparity phenomenon through the analyzation of country-specific elements to detect related impacts that may be imposed on a country’s composition of labor force as it relates to gender. More specifically, I interpret the degree to which specific factors can directly influence the proportion of female presence in labor forces around the world. My empirical results suggest that the societal factors, legal regulations, culture, total fertility rate (births …

Literacy Rates Analysis: An International Comparison, Macarena Arce

Economics Undergraduate Honors Theses

This paper attempts to provide a more complete reckoning of the economics of literacy rates around the world. It consists on a literature review about the economic benefits and costs of literacy rates and then it shows two econometrics models that attempt to predict literacy rates based on GDP, government expenditure, and several other independent variables.

Covered Interest Parity Empirical Analysis Of Non-Traditional Monetary Policy's Effects On Exchange Rates, Tyler Salminen

Inquiry: The University of Arkansas Undergraduate Research Journal

This research sought to find an economically justifiable relationship between non-traditional monetary policies of the Bank of Japan and the Federal Reserve and the dollar/yen exchange rate. This research utilized the covered interest parity condition in conjunction with a partial least squares structured equation analysis in order to discern any possible relationships between these two phenomenon. A solid relationship between the non-traditional monetary policies of these central banks and dollar/yen exchange rate was found. In order to analyze significance, direction, and nature of this relationship this research followed up the partial least squares analysis with bootstrap structural equation modeling. Because …

Three Essays On The Economics Of Foreign Aid, Hongwei Song

Graduate Theses and Dissertations

Recent years have seen a burgeoning interest in the issue of foreign aid especially in the context of developmental economics. As foreign aid is designed to help those less-privileged nations with developmental objectives such as poverty reduction and/or economic growth, fundamental questions include whether aid has been effective and what motivates donors to provide aid. This dissertation is composed of three essays that examine different issues concerning foreign aid. First, I focus on the Millennium Development Goals (MDGs) and its impact on aid allocation among sectors. If specification of the MDGs affected aid flows, it should be observed that more …

Ex Ante Analysis Of Price And Trade Effects For The Rice Sector In The Transatlantic Trade And Investment Partnership, William Lawrence Jacobs

Graduate Theses and Dissertations

In 2013, trade negotiations began between the United States and the European Union to create a free trade agreement with the goal of phasing out tariffs for all but the most sensitive products. To aid negotiators in analyzing potential agriculture agreements, the objective of this study is to quantify policy impacts of a potential trade liberalization of rice. This study will also be a useful analysis for various participants in the rice market to make educated business decisions.

This study utilizes the spatial partial equilibrium model RICEFLOW to project the differences in market prices, production volumes, trade volumes, and consumption …

The Viability Of Mercosur In The Face Of The Euro Crisis, Philip A. Murry

Economics Undergraduate Honors Theses

This research examines the successes and challenges of the European Union, especially in the face of the crisis of 2008 and 2009. Based on the current structures of the European Union and Mercosur, this paper looks to assess the viability of further integration of Mercosur using the evolution of the European Union as a model of reference. Analysis of key economic measures provides the framework for assessment, with a special focus on the asymmetries between member countries within Mercosur. Differences in debt-to-GDP ratios, regional trade levels, and exchange rate fluctuations are the primary indicators used to provide policy recommendations for …

Sugar And Rice Trade Between The United States And Cuba Trade Potential And Welfare Analysis, Fabian Bloechl

Graduate Theses and Dissertations

After the resignation of President Fidel Castro and forty-five years of the U.S.-trade embargo, the political environment between Cuba and the United States is expected to change. With the Trade Sanction Reform and Export Enhancement Act in 2000, trade sanctions were eased for a while. Future trade between both countries would increase the welfare in both countries. This Thesis has the approach to look at the impacts on the commodities of rice and sugar, and the trade sanctions between the United States and Cuba.

Cuba is a net importer of its food supply; therefore, agriculture and food trade is an …

Essays On International Trade And Finance, Amat Adarov

Graduate Theses and Dissertations

The dissertation consists of three papers exploring the macroeconomic implications of heterogeneity of countries in financial development, economic interconnectedness via trade and financial linkages.

Chapter 1 examines whether countries which are more centrally located in the global trade network have more synchronized stock markets. Global trade data is used to construct a novel measure of random walk betweenness centrality (RWBC), measuring the extent to which a country lies on random pathways in-between other countries and is therefore likely to be a conduit in the transmission of a shock across global markets. Based on a panel dataset of 58 countries over …

The Effect Of Weighting Development Indicators On Countries Eligibility For International Development Funding: The Case Of The Millennium Challenge Corporation (Mcc), Idrissa Noma

Graduate Theses and Dissertations

The Millennium Challenge Corporation (MCC) is a U.S. government agency whose purpose is to promote economic growth and reduce poverty in low and low middle-income countries. It uses indicators to endorse countries eligibilities for international development funding. These indicators are related to economic growth and are developed by independent third parties (e.g., United Nations, World Bank), to evaluate a country's policy performance in three specific areas: (1) Ruling Justly, (2) Investing in People, and (3) Encouraging Economic Freedom (MCC, 2011). The MCC weighs indicators equally regardless of their myopic in-country relevancy to economic development. The goal of this study is …

What Is Ailing The German Economy? A Critical Analysis Of German Social Market Economics, Robert T. Cheek Jr.

Inquiry: The University of Arkansas Undergraduate Research Journal

This paper offers a narrative historical description of the German Social Market Economy, from its inception following World War II, up to the recent Agenda 2010 reforms enacted under the administration of Chancellor Gerhard Schroder. It is the purpose of this work to explore why the German Social Market System enjoyed such a high degree of success in its early years, and which flaws might be causing the chronic problems of low growth and high unemployment that have plagued Germany more recently. In particular, the paper argues that a high-cost and highly inflexible labor market resulting from Germany's system of …

A Free Trade Agreement Of The America's: A Case Study Of Brazil, Maria Eliana Cadario

Inquiry: The University of Arkansas Undergraduate Research Journal

This paper will examine the likely impacts of the proposed Free Trade Agreement of the Americas (FTAA) that was initiated by President Bush in 1994 and is anticipated to include 34 countries in the Western Hemisphere excluding Cuba and to come into force during 2005. The paper will focus on the likely trade effects for Brazil, the largest potential member of the FTAA. In the first part, I will review the current trade relations between countries in the Western Hemisphere and the US, including the various bilateral and multilateral agreements such as NAFTA, MERCOSUR, CBI, The Andean Trade Preference Act, …

The Role Of World Trade Organizations In Settling Trade Disputes Between The United States And The European Union, Erin Walker

Inquiry: The University of Arkansas Undergraduate Research Journal

Description of Topic: In settling trade disputes, members of the World Trade Organization use a dispute settlement mechanism set forth in the Uruguay Round of trade negotiations. This multilateral system of settling disputes is implemented if a member believes other members are violating trade rules. Disputes arise when countries adopt policies that break the WTO agreements or that cause them to fail to fulfill obligations. Dispute settlement procedures have existed under many different trade agreements. While current processes are more effective than those of past agreements, they still lack credibility and effectiveness. Research and Results: The United States and the …

Promoting Foreign Direct Investment In Bulgaria, Vessela Kapoulian

Inquiry: The University of Arkansas Undergraduate Research Journal

This paper examines the factors that favor Foreign Direct Investment ( FDI) in Bulgaria and recommends public policy changes that will enhance the international competitiveness of Bulgaria. Four factors that favor an increase in FDI in Bulgaria are clearly identified. First, although the economic environment is considered challenging compared to other countries in the region, Bulgaria enjoys political stability. Second, Bulgaria offers a low-cost, well-educated labor pool, although additional public investments in foreign language training may be needed. Third, there are investment opportunities for infrastructure development through privatization in the areas of energy, information technology (IT), and transportation. Bulgaria is …

Economic Contradictions In The Process Of Western European Integration, Marion L. Piotrowski

Journal of the Arkansas Academy of Science

No abstract provided.

Wehrwirtschaft: An Aspect Of Nazi Economic Theory, Amos E. Simpson

Journal of the Arkansas Academy of Science

No abstract provided.

Some Problems In The Construction Of A Balance Of Payments For An Intranational Region, Vance Q. Alvis

Journal of the Arkansas Academy of Science

No abstract provided.

Population Problem Of India, Joe C. Shaw

Journal of the Arkansas Academy of Science

No abstract provided.