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Full-Text Articles in International Economics

Trade, Bert Chapman Jul 2014

Trade, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Provides a historical overview of analysis of U.S. foreign trade policy during the early decades of the country's history. Examines bilateral U.S. trade relations with France and Great Britain, provides import and export statistics, details on commodities and products imports and exported, trade statistics, and information on the political and economic factors shaping U.S. trade during this period.


The Pains Of Economic Reforms In China And Japan, Singapore Management University Jul 2014

The Pains Of Economic Reforms In China And Japan, Singapore Management University

Perspectives@SMU

Asia’s two biggest economies face up to their most difficult challenges


Mexico Consensus Economic Forecast, Volume 17, Number 3, Thomas M. Fullerton Jr, Adam G. Walke Jul 2014

Mexico Consensus Economic Forecast, Volume 17, Number 3, Thomas M. Fullerton Jr, Adam G. Walke

Departmental Papers (E & F)

No abstract provided.


The Puzzle Of Mainstream And Deviant Globalization, Jawed Ahmed Qureshi, Amanat Ali Jalbani Jul 2014

The Puzzle Of Mainstream And Deviant Globalization, Jawed Ahmed Qureshi, Amanat Ali Jalbani

Business Review

This probe examines the puzzles or challenges of globalization to developing as well as developed countries. Indeed this study is undertaken in nexus with another enquiry of the authors about the challenges confronted and strategically tackled to globally operating and expanding companies based in Pakistan. Globalization offers both opportunities and threats and embodies merits and demerits for people of the world. Mainstream globalization is recognized as acceptable or idealistic part of it, whereas deviant globalization is recognized as unacceptable or dark part of it. The investigation isqualitative in type and nature. From the extant literature, it extracts various theories and …


Singapore’S Competitiveness At Risk, Augustine H. H. Tan Jul 2014

Singapore’S Competitiveness At Risk, Augustine H. H. Tan

Research Collection School Of Economics

Singapore’s disappointing second-quarter growth of 2.1 per cent compared with the same period last year has raised concerns about the impact of economic restructuring. When compared with the last quarter, growth even dipped 0.8 per cent. At the same time, productivity performance has been dismal. After rising by 2.2 per cent in 2011, productivity dropped by 1.4 per cent in 2012 and another 0.2 per cent last year.


International Transmission Of Interest Rates And The Open Economy Trilemma In Asia, Hwee Kwan Chow Jul 2014

International Transmission Of Interest Rates And The Open Economy Trilemma In Asia, Hwee Kwan Chow

Research Collection School Of Economics

There has recently been much discussion on the relevance of the open economy trilemma in the context of deepening financial integration of countries across the world (see for instance, Rey (2013) and Devereux and Yetman (2014)). The open economy trilemma is an important issue for the countries in Asia not least because their financial systems are small and exchange rate stability is crucial to their economic growth. This paper investigates whether the economies in Asia are still bound by the "impossible trinity" by examining the interest rate transmission from the US to the region before and after the onset of …


Trade And Financial Integration, Extensive Margin, And Income Divergence, Haiping Zhang Jul 2014

Trade And Financial Integration, Extensive Margin, And Income Divergence, Haiping Zhang

Research Collection School Of Economics

We revisit the classical question on economic integration and income convergence in a two-sector OLG model with financial frictions and sectoral heterogeneity in minimum investment requirements (MIR, hereafter). The extensive margin of investment is a critical channel through which aggregate income may become a determinant of comparative advantage. Free trade allows the rich (poor) country to specialize partially or completely in the high-MIR (low-MIR) sector which has a high (low) return endogenously. The specialization effect interacts with the neoclassical effect, which may lead to income divergence among inherently identical countries. Similarly, financial integration may also lead to income divergence through …


Idiosyncratic Risk And Development In Developing Countries, Minh Dao Jun 2014

Idiosyncratic Risk And Development In Developing Countries, Minh Dao

Faculty Research and Creative Activity

This paper examines the impact of idiosyncratic risk management on economic development in developing countries. Based on data from the World Bank, we use a sample of twenty-seven developing economies and find that selected indicators related to risk management at the household level do have a statistically significant effect on economic development in these countries. Regression results show that almost four-fifths of cross-developing country variations in purchasing power parity per capita gross national income can be explained by its linear dependency on the percentage of the population aged over 25 who have completed the tertiary level of education, education quality …


Idiosyncratic Risk And Development In Developing Countries, Minh Dao Jun 2014

Idiosyncratic Risk And Development In Developing Countries, Minh Dao

Faculty Research and Creative Activity

This paper examines the impact of idiosyncratic risk management on economic development in developing countries. Based on data from the World Bank, we use a sample of twenty-seven developing economies and find that selected indicators related to risk management at the household level do have a statistically significant effect on economic development in these countries. Regression results show that almost four-fifths of cross-developing country variations in purchasing power parity per capita gross national income can be explained by its linear dependency on the percentage of the population aged over 25 who have completed the tertiary level of education, education quality …


A New Economic Growth Theory: An Obstacle To Economic Growth, Paul Kim Jun 2014

A New Economic Growth Theory: An Obstacle To Economic Growth, Paul Kim

Economics Papers and Presentations

This paper deals with the steps what a nation must be prepared to take in order to sustain its economic growth rate when it enters the advanced stage. It is expected that a nation’s growth rate will decline as it enters the advanced stage, according a theory which the author introduces in this paper. It would be effective to avoid the obstacles if they know the kind of obstacles they might face in the advanced stage. Once the obstacles that hinder economic growth are engraved in institutions, it would be difficult to change the nature of existing institutions to remove …


Causes Of Poverty In Sub-Saharan Africa: A Layered Theory Approach To Understanding Significant Factors, Teshome Abebe, Nana Quaicoe Jun 2014

Causes Of Poverty In Sub-Saharan Africa: A Layered Theory Approach To Understanding Significant Factors, Teshome Abebe, Nana Quaicoe

Faculty Research and Creative Activity

No abstract provided.


The Economic Impact Of Wheelchairs For The Disabled In Ethiopia, Justin L. Grider May 2014

The Economic Impact Of Wheelchairs For The Disabled In Ethiopia, Justin L. Grider

Master's Theses

Abstract: How do wheelchairs impact income and the possible channels of employment status and time allocation for the physically disabled? In order to improve opportunities for people with disability, it is imperative to know the effect that a wheelchair has on the lives of the disabled. Estimates from 261 participants across Addis Ababa, Ethiopia were taken to estimate a wheelchair’s impact across numerous time, economic and distance variables. I demonstrate how nearest neighbor covariate matching methods can be used to estimate how wheelchair beneficiaries would have fared had they not been given a wheelchair. Results show that current wheelchair users …


Typhoons And Lower Birth Weight In The Philippines, Sarah Morrow May 2014

Typhoons And Lower Birth Weight In The Philippines, Sarah Morrow

Master's Theses

Do typhoons impact birth weights of infants exposed to a typhoon while in utero? This research exploits the exogeneity and randomness of typhoons in the Philippines to estimate the impact of typhoon exposure as determined by wind speed on birth weights. Using four waves of the Demographic and Health Survey (DHS) data from the Philippines combined with temperature, precipitation, and rainfall data from the Philippines, I can empirically estimate the impact of a 1 m/s increase in wind speed on birth weights. I find that for certain subgroups of the population, specifically children born to mothers with primary education or …


Heterogeneous Effects Of Commodity Price Shocks On Inflation Rates. Evidence From A Panel Study., Odbayar Batmunkh May 2014

Heterogeneous Effects Of Commodity Price Shocks On Inflation Rates. Evidence From A Panel Study., Odbayar Batmunkh

Master's Theses

Do commodity price shocks have heterogeneous effect on countries based on their export and import profiles? I address this question through a panel study of 142 countries using Export and Import Indexes aimed at differentiating the retail pass-through and fiscal balance channel of transmission of Commodity Price shocks on inflation. The results show that an increase in the Export Index leads to a decrease in contemporary inflation while an increase in the Import Index leads to an increase in inflation in the next year. Average causal mediating effect of the Export Index on Inflation through the Fiscal Balance was shown …


How Is Sectoral Fdi Affecting Firms’ Performance In Mozambique?, Nilza A. Abdurramane May 2014

How Is Sectoral Fdi Affecting Firms’ Performance In Mozambique?, Nilza A. Abdurramane

Master's Theses

I study the effect of sectoral FDI on firms’ performance in Mozambique from 2007 to 2010 through productivity and efficiency functions, using comprehensive firm level data. Although foreign ownership has a positive effect on firms’ productivity, my results show that in general, sectoral FDI has a negative and statistically significant effect on Mozambican firms’ productivity. The findings of this study are similar to previous studies that argued that positive foreign spillovers were not automatic. Using a stochastic frontier model, to measure efficiency, I find that in general foreign firms tend to be more efficient than domestic firms. However, using this …


Can Community Water Projects Combat Child Diarrhea? Results From The Solomon Islands, Thomas G. Sackman May 2014

Can Community Water Projects Combat Child Diarrhea? Results From The Solomon Islands, Thomas G. Sackman

Master's Theses

There is a vast amount of existing literature that has empirically scrutinized whether or not community water projects have the ability to mitigate diarrheal disease. A strong and persistent belief thinks that community water projects do have the means, however, over the decades empirical work commonly finds this to simply not be true. This study expands the research question to the Solomon Islands. The research tests the hypothesis using a differences-in-differences identification strategy by utilizing the government’s staggered timing rollout of community water subprojects with whether or not a village received a community water subproject to test for a program …


Impact Of Typhoons On Children's Human Capital Investments In Filipino Households, Kate Zitelli May 2014

Impact Of Typhoons On Children's Human Capital Investments In Filipino Households, Kate Zitelli

Master's Theses

Typhoons are a unique type of natural disaster affecting both developing and developed countries, causing both short and long-term destruction. Typhoons are random both in intensity and frequency, making them difficult to predict their strength and when they will strike. With global climate change, typhoons are expected to increase in both frequency and magnitude, making it important to understand their impacts. This study uses DHS data from the Philippines and a unique Filipino typhoon data set covering they years 1989-2008 to explore how typhoons affect household allocation of basic human capital investments, such as breastfeeding duration. Using OLS estimation and …


Women’S Empowerment And Community-Driven Development: Evidence From The Solomon Islands, Erin M. Steffen May 2014

Women’S Empowerment And Community-Driven Development: Evidence From The Solomon Islands, Erin M. Steffen

Master's Theses

The study evaluates the impact to-date of a community-driven development (CDD) program on women’s empowerment in the Solomon Islands. Originally launched in 2008, the CDD program is known as the Rural Development Program (RDP). The RDP aims to foster employment and income growth by focusing on participatory development, demand-responsive provisions of government services, and the creation of a supportive economic environment for small-scale rural development. The RDP process mandates female involvement, which manifests predominately in the selection of community infrastructure projects and by participation in a RDP subcommittee known as the Sub-Implementation Committee (SIC). Members of the SIC are in …


Typhoons And Temperature Impact Crime Rates: Evidence From The Philippines, Emily Wetherley May 2014

Typhoons And Temperature Impact Crime Rates: Evidence From The Philippines, Emily Wetherley

Master's Theses

This study assesses the impact of typhoons and temperature on interpersonal, property, and non-index crime rates using a novel data set from the Philippines. Distributed lag OLS regression analysis shows that in the concurrent year of increased precipitation, theft rates decrease, but in the year following high average wind-speeds, theft rates increase again. The only significant result of impacts crimes against persons is the rate of physical injury which decreases in years of higher precipitation. These results are defended by interview and focus group information. This study also shows that higher average temperatures cause significantly higher rates of murder, index …


Argentina's 2001 Default: Foreign Policy Considerations And Consequences, Joshua K. Alley May 2014

Argentina's 2001 Default: Foreign Policy Considerations And Consequences, Joshua K. Alley

Celebration

Argentina’s 2001 default was at the time the largest in history, with the Peronist government of Adolfo Rodriguez Saa declaring a cessation of payments on over 80 billion dollars in government bonds. Historically, the political science and economics literatures have emphasized the economic considerations surrounding the decision to default. Recent literature has explored the political motivations for default, but there has been little scholarship on the possible political consequences of default. Some authors have emphasized that default can have important audience costs for leaders, but other issues have been left unexplored. However, it is clear that Argentina’s 2001 default had …


The World Economy In 2014, Singapore Management University May 2014

The World Economy In 2014, Singapore Management University

Perspectives@SMU

The U.S., European Union, and China have their own battles to fight


The Effect Of Macroeconomic Conditions On Applications To Supplemental Security Income, Ke Xu May 2014

The Effect Of Macroeconomic Conditions On Applications To Supplemental Security Income, Ke Xu

Renée Crown University Honors Thesis Projects - All

This study examines whether macroeconomic conditions affect applications to the Supplemental Security Income program. Specifically, we focus on the impact of unemployment rate on under age 18 applications. Using data from 2002 through 2012, we found that a higher unemployment rate is associated with an increased intention to apply for Supplemental Security Income benefits for both disabled adults and children. However, the effect is much higher for adults. These findings suggest that under age 18 applications of Supplemental Security Income is sensitive to the macroeconomic conditions.


A Form In The Road: U.S. Foreign Policy And The Path Toward Globalization In The Middle East, 1945-2014, Joshua P. Brotka May 2014

A Form In The Road: U.S. Foreign Policy And The Path Toward Globalization In The Middle East, 1945-2014, Joshua P. Brotka

History Theses

This thesis examines the history of U.S. foreign policy in the Middle East since 1945. From the start of the Cold War immediately following the conclusion of WWII and up to the present day (2014), U.S. policy has been subject to many revisions and simultaneously, upheld national security measures. As the world heads toward an era where globalization is most prevalent, the United States will have to make drastic decisions regarding its foreign policy in the Middle East. Its alliance with Israel, oil interests, Islamic fundamentalism, an evolving Muslim society, and supporting a national security agenda has forced the United …


The Political History Of Sugarcane-Based Ethanol In Brazil, Joshua Gagner May 2014

The Political History Of Sugarcane-Based Ethanol In Brazil, Joshua Gagner

Political Science Theses and Capstones

With the Middle East putting an embargo on oil in 1973, oil prices ascended to levels that made importation of oil expensive. Brazil also faced another issue with sugar prices going down in 1973, putting much of their sugar supply on reserve. Brazil’s military government then made a decision to adopt the sugarcane-based ethanol program, Pro-Alcool. Pro-Alcool’s goal was to produce an alternative energy source to gasoline and take pressure off of oil importation. While initially intended to be a short-term fix, a second oil strike in 1979 pushed Pro-Alcool to higher levels. Oil industries were initially opposed to ethanol …


The Viability Of Mercosur In The Face Of The Euro Crisis, Philip A. Murry May 2014

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 …


Transnational Organized Crime And The Illegal Wildlife Trade Global Ties And Global Crime, Zachariah Edward Long May 2014

Transnational Organized Crime And The Illegal Wildlife Trade Global Ties And Global Crime, Zachariah Edward Long

Graduate Program in International Studies Theses & Dissertations

World biodiversity is faced with many different threats in today's globalized world. One such threat is the emergence of transnational organized crime in the illegal wildlife trade. But why would transnational organized crime which is traditionally associated with such crimes like illegal drugs, weapons, and human trafficking be interested in the illegal wildlife trade? This thesis seeks to explore why transnational organized crime as a rational business actor would it be interested in participating in the illegal wildlife trade. To explore this relationship, this thesis will look at several different variables. First the economic conditions oflocals living with wildlife and …


Spreading The Char: The Importance Of Local Compatibility In The Diffusion Of Biochar Systems To The Smallholder Agriculture Community Context, Laura C. V. Munoz May 2014

Spreading The Char: The Importance Of Local Compatibility In The Diffusion Of Biochar Systems To The Smallholder Agriculture Community Context, Laura C. V. Munoz

Pomona Senior Theses

This thesis enters the context of smallholder agriculture communities in the developing world. It explores the potentials of biochar and what biochar systems could bring to the smallholder communities while simultaneously bringing environmental benefits. It then acknowledges the challenges of diffusion –the spreading of an unfamiliar innovation. It seeks to answer the question of what will make diffusion of biochar systems more successful in the smallholder context, fixating on the characteristic of compatibility as well as the role local community members can play in making a new biochar system more visible to the rest of the communities.


Pigeonpea: Alleviating The Poverty Cycle Sustainable Agriculture And Economic Development, Natalie Lipkowitz, Courtney Harding, Lucas Westcott Apr 2014

Pigeonpea: Alleviating The Poverty Cycle Sustainable Agriculture And Economic Development, Natalie Lipkowitz, Courtney Harding, Lucas Westcott

College of Business and Economics Presentations

Guatemala is the most malnourished nation-state in the Western hemisphere and considered a developing nation. The Guatemalan government and nonprofit organization Semilla Nueva are inquiring into what solutions, if any, can impact economic development through sustainable agriculture. This article will analyze the pigeon pea crop, considered a highly nutritious supplemental crop that can be planted between current cash crops maize and sesame for a nominal cost. Simultaneously, India is in high demand of the pigeon pea in its processed form dal, which is widely used in the Indian diet, as its citizens become less impoverished and increase the frequency and …


Mexico Consensus Economic Forecast, Volume 17, Number 2, Thomas M. Fullerton Jr., Adam G. Walke Apr 2014

Mexico Consensus Economic Forecast, Volume 17, Number 2, Thomas M. Fullerton Jr., Adam G. Walke

Departmental Papers (E & F)

No abstract provided.


Economic Voting, Sociotropic Vs. Checkbook: Cases From Greece And Germany, Matthew Coen-Tuff Apr 2014

Economic Voting, Sociotropic Vs. Checkbook: Cases From Greece And Germany, Matthew Coen-Tuff

Political Science Theses and Capstones

Economic voting, the theory that when the economy is good the party in control gains support and when the economy is bad the party in power suffers. This is a simplistic definition and economic voting is so much more. In this paper I seek to prove how economic voting can be broken down into two categories, sociotropic and checkbook. I do this by looking at two countries in very different situation. Greece is a country going through economic turmoil and is constantly changing which party is in control of the government. It has been suffering especially hard from a debt …