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1997

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Articles 1 - 19 of 19

Full-Text Articles in International Economics

Trends. Globalization As Old Wine In New Bottles: The 30th Anniversary Of The Association Of Southeast Asian Nations (Asean), Ibpp Editor Dec 1997

Trends. Globalization As Old Wine In New Bottles: The 30th Anniversary Of The Association Of Southeast Asian Nations (Asean), Ibpp Editor

International Bulletin of Political Psychology

The author discusses the new era of globalization.


Management Of Foreign Exchange: A Peep Into The Next Decade., O K. Anifowose Dec 1997

Management Of Foreign Exchange: A Peep Into The Next Decade., O K. Anifowose

Bullion

The paper examines the management of the foreign exchange in Nigeria the next decade. The paper is structured into four main sections after these introductory remarks. section 1 discusses some conceptual issues such as:-foreign exchange versus external reserves, objectives of reserve management, strategies employed in managing the reserves and techniques for reserve management. section 11 discusses tools of reserve management the third section provides some thoughts as to the direction of foreign management in the next decade. section IV summarises and concludes the paper.


Interest Rate Policies In Ecowas Countries: A Comparative Analysis., Benji C. Onyido Dec 1997

Interest Rate Policies In Ecowas Countries: A Comparative Analysis., Benji C. Onyido

Bullion

This paper reviews the experiences of developing countries in the management of interest rates, with emphasis on ECOWAS countries. While the Anglophone countries have adopted independent interest rate policies overtime, the Francophone members of the West African Monetary Union (WAMU) have shared similar experiences-a common currency (the CFA franc),a central bank (BCEAO) and common monetary policies. The paper is divided into four parts, in part I, it examines the roles of, and factors affecting interest rates. The part II highlights the characteristics of interest rates in developing countries and requirements for a successful interest rate reform. Part III reviews the …


Euro-Psychology: When Money Is More Than Money, Ibpp Editor Oct 1997

Euro-Psychology: When Money Is More Than Money, Ibpp Editor

International Bulletin of Political Psychology

This article describes some psychological roles of money and the import of these roles for domestic and international economics. The coming of the euro is used as an example.


Trends. The Imf, The World Bank, And Throwing The Scoundrels Out: Who Are The Scoundrels?, Ibpp Editor Aug 1997

Trends. The Imf, The World Bank, And Throwing The Scoundrels Out: Who Are The Scoundrels?, Ibpp Editor

International Bulletin of Political Psychology

The author discusses the ins and outs of the IMF and World Bank.


Theory And Practice In The Career Of Fernando Henrique Cardoso: Part Iii, Ibpp Editor Jul 1997

Theory And Practice In The Career Of Fernando Henrique Cardoso: Part Iii, Ibpp Editor

International Bulletin of Political Psychology

This is the third and final installment of an article which provides an analysis of an individual accomplished as a scholar of politics (through sociology) and a formal politician. The author is Dr. Ted Goertzel of Rutgers University. He can be reached at goertzel@crab.rutgers.edu.


Cleavages Of Political Values Among Generations In Brazil, Ibpp Editor Jul 1997

Cleavages Of Political Values Among Generations In Brazil, Ibpp Editor

International Bulletin of Political Psychology

This article was written by Professor of Psychology Fabián Echegaray, Professor of Sociology Paulo Krischke, and Director of Institutional Ethics Aluir Toso. All three researchers are at the Universidad Federal de Santa Cantarina. They posit and provide supporting theory and data that values which are postmaterialist (emphasizing psychological well-being and self-actualization) as opposed to materialist (emphasizing materialistic goods) are more likely to be displayed by younger than older Brazilians and by those with higher than lower social class. Thus older, lower class Brazilians will be most materialist and younger, higher class Brazilians will be most postmaterialist. The paper was presented …


Ua68/2 Intercambio Internacional, Vol. Xiv, No. 2, Wku Latin American Studies May 1997

Ua68/2 Intercambio Internacional, Vol. Xiv, No. 2, Wku Latin American Studies

WKU Archives Records

Newsletter created by WKU Latin American Studies program regarding science, politics and economic advances in Latin America as well as cooperative projects between WKU and universities across Latin America. The newsletter is written in both English and Spanish.


Foreign Direct Investment In Nigeria: Evidence From Time Series Data, Akpan H. Ekpo Mar 1997

Foreign Direct Investment In Nigeria: Evidence From Time Series Data, Akpan H. Ekpo

Economic and Financial Review

This paper examines the relationship between foreign direct investment (FDI) in Nigeria and some macroeconomic variables. The preliminary empirical results, covering the period 1970-1994, suggest that high debt service and low credit ratings discourage FDI. FDI is also sensitive to real per capita income and low rates of inflation.


Central Bank Of Nigeria, Monetary, Credit, Foreign Trade And Exchange Policy Guidelines For 1997 Fiscal Year., Central Bank Of Nigeria Central Bank Of Nigeria Mar 1997

Central Bank Of Nigeria, Monetary, Credit, Foreign Trade And Exchange Policy Guidelines For 1997 Fiscal Year., Central Bank Of Nigeria Central Bank Of Nigeria

Bullion

This paper contains the outlines of the monetary, credit, foreign trade and exchange policy guidelines for banks and other financial institutions in Nigeria during fiscal 1997. The circular is structured into three sections and Appendix. Section one reviews developments in the economy and the policy environment in 1996 and thus provides the background to the policy measures for 1997. While section two outlines the monetary and credit policy measures and guidelines for banks and other financial institutions. The foreign trade and exchange policy measures for 1997 are highlighted in section three and lastly a list of prohibited import and export …


Africa And The New World Order, Andrew Ewoh Feb 1997

Africa And The New World Order, Andrew Ewoh

Andrew I.E. Ewoh

What is the plight of Africa under the New World Order? The paper argues that the NWO poses severe economic problems for African nations. It offers two main practical solutions for these problems and plausible policy implications. The analysis concludes by acknowledging that structural adjustment programs as traditionally suggested by the International Monetary Fund and democratization of the polity will not guarantee economic prosperity for the continent.


Globalization And Local Economic Development: Intersections Between The Industrial Economy And Regional Industrial Planning, Center For Economic Development Jan 1997

Globalization And Local Economic Development: Intersections Between The Industrial Economy And Regional Industrial Planning, Center For Economic Development

Center for Economic Development Technical Reports

By now it is widely accepted that we live in a global economy. We are more likely to buy goods from Korea than Kansas, we may have pension funds invested in companies on the Tokyo stock market as well as New York's, and we may work for a corporation with headquarters in Brussels rather than Boston. But despite our sense of participating in a world economy, it is difficult to understand how that world's economy intersects with the national or local economies with which we are more familiar. This is particularly significant for the regional economic development planner. Despite the …


Multinational Enterprises: The Constitution Of A Pluralistic Legal Order, Jean-Philippe Robé Jan 1997

Multinational Enterprises: The Constitution Of A Pluralistic Legal Order, Jean-Philippe Robé

Jean-Philippe Robé

No abstract provided.


Exchange Rate Regimes And International Trade, Reuven Glick, Clas Wihlborg Jan 1997

Exchange Rate Regimes And International Trade, Reuven Glick, Clas Wihlborg

Business Faculty Books and Book Chapters

The existing evidence on the volume effects of exchange rate risk and exchange rate regime choice is examined. The analysis involves estimating the effects of cross-country differences in exchange rate regime on export and import elasticities using a continuous measure of the degree of exchange rate flexibility. It is argued that risk for firms involved in international trade tends to decrease with greater exchange rate flexibility. In formulating our hypotheses we argued that the cross-country variation in U.S. export elasticities with respect to the real exchange rate and foreign GDPs is primarily attributable to the cross- country variation in bilateral …


Tobin, James, Tony Caporale Jan 1997

Tobin, James, Tony Caporale

Economics and Finance Faculty Publications

James Tobin was born in Champaign, Illinois, in 1918. He received his bachelor's degree in 1939 and his master's degree in 1940, both from Harvard. Following naval service during the years 1942-6, he returned to his graduate studies and received his PhD from Harvard in 1947. In 1950, he joined the economics department at Yale University, and he has largely remained at Yale and has been identified with this institution throughout his career. He twice directed the Cowles Foundation for Research in Economics, first from 1955 to 1961, and then from 1964 to 1965. He also served for two years, …


Direct Effect Of International Economic Law In The United States And The European Union, Ronald A. Brand Jan 1997

Direct Effect Of International Economic Law In The United States And The European Union, Ronald A. Brand

Articles

One of the most important and challenging issues in international law is the manner in which we address the relationship between the individual and the international legal system. The traditional framework, in which we set a "sovereign" government between the individual and the development and application of the rules, is no longer sufficient in all circumstances. The fact that governments feel insecure or threatened by the application of international legal rules in actions brought by individuals is not sufficient reason to preclude that development. The purpose of government is not to perpetuate traditional power structures, it is to provide security …


An International Survey Of Free Banking Periods: Us, California, France, Australia, Switzerland, And Scotland, Frank Doti, David Cassell Jan 1997

An International Survey Of Free Banking Periods: Us, California, France, Australia, Switzerland, And Scotland, Frank Doti, David Cassell

Economics Faculty Articles and Research

This article studies free banking periods worlwide.


Gatt, Dispute Settlement And Cooperation: A Reply, Dan Kovenock, Marie Thursby Jan 1997

Gatt, Dispute Settlement And Cooperation: A Reply, Dan Kovenock, Marie Thursby

Economics Faculty Articles and Research

In our 1992 paper, we analyzed GATT and its dispute settlement procedure (DSP) in the context of a supergame model of international trade featuring both explicit (GATT) and implicit (non-GATT) agreements. Our paper departed from the previous economics literature on GATT enforcement (see, for instance Hungerford (1991) and Ludema (1990)) by incorporating the ``twin engines of international obligation and retaliation'' (Hudec, 1990). International obligation imposed a cost of violating an explicit international agreement, such as GATT, while retaliation could take place either within the rules stipulated by the international agreement or by punishment outside of the agreement. In Section 2 …


Liberalized Immigration As Free Trade: Economic Welfare And The Optimal Immigration Policy, Howard F. Chang Jan 1997

Liberalized Immigration As Free Trade: Economic Welfare And The Optimal Immigration Policy, Howard F. Chang

All Faculty Scholarship

No abstract provided.