International Economics Commons^™

El Último Acuerdo Con El Fmi Durante El Gobierno De Mauricio Macri: El Impacto De La Deuda Externa En La Soberanía Según Los Actores Políticos Y Sociales De La Argentina / The Latest Agreement With The Imf Under The Government Of Mauricio Macri: The Impact Of Foreign Debt On The Sovereignty Of Argentina According To Social And Political Actors, Sarah Schubert

Independent Study Project (ISP) Collection

Nobel laureate in economics, Simon Kuznets, allegedly commented “There are four kinds of countries in the world: developed countries, underdeveloped countries, Japan, and Argentina” (Reyes & Sawyer, 2019). Since the mid twentieth century, Argentina has stood out due to the complexity of its ever changing economic and political orientations. Initially recognized as a growing nation with a booming economy, Argentina soon fell victim to macroeconomic instability. Inflation, growing deficits and most notably the assumption of foreign debt have plagued the country’s economy. Known for their tumultuous relationship with the International Monetary Fund, Argentina came to declare the largest sovereign default …

The Effect Of Inflation Targeting Policies On Dollarization-A Cross-Country Analysis, Dweepobotee Brahma

The Hilltop Review

This paper attempts to review the experiences of various dollarized economies from the adoption of an explicit inflation-targeting framework for domestic monetary policy. Dollarization is the phenomenon where agents in a country choose to use a foreign currency instead of their domestic currency. This often occurs in response to episodes of high inflation rate in the domestic economy. Central Banks of these countries often respond by adopting an inflation-targeting regime. This paper attempts to evaluate the effectiveness of such a policy by conducting a cross-country comparison. A panel dataset from 14 dollarized economies from 2001-2015, is used to compare between …

International Trade, Fdi And Agency Problems, Yuting Chen

Dissertations and Theses Collection (Open Access)

This dissertation comprises three papers that separately study product quality in international trade, the governance’ effect on FDI and the agency problems in firms’ exporting decisions.

The first chapter quantifies the contribution of differences in quality preferences to the differences in gains from trade across countries. The quantification demonstrates that variations in the strength of quality preferences across countries add to heterogeneities across countries in market competitiveness. If the quality channel is shut down, countries with stronger preferences for quality have larger degrees of underestimations in their losses from the trade barrier. Finally, gains from a universal rise in quality …

Essays On The Economic Consequences Of Capital Controls, Richard J. Nugent Iii

Dissertations, Theses, and Capstone Projects

This dissertation consists of three chapters. In Chapter One, we review the literature on the economic consequences of capital controls. Capital controls are advocated as second-best policy in the presence of a pecuniary externality. Restricting capital inflows as a prudential tool during economic booms may distort the efficient allocation of capital but it invokes precautionary saving behavior so that agents do not overborrow. The financial crises that are fueled by capital market distortions can be mitigated by the use of prudential capital controls, heightened during the boom and released during the bust. The empirical evidence on capital controls has revealed …

The Origins Of The Jones Act Of Puerto Rico, Stephanie Mercedes

Dissertations, Theses, and Capstone Projects

After the Spanish-American War that ended in 1898, Puerto Rico was given to the United States by Spain as a war booty, becoming a US colony. The first law ever created by the United States to control Puerto Rico was the Foraker Act (also known as the Organic Act of 1900). This established a civilian government in Puerto Rico. It also extended the federal government rulings to the island. After its creation, the Puerto Rican population began to wonder what their political status was since nothing was concretized until the Jones Act was signed. The Merchant Marine Act of 1920, …

The Interplay Between Real Estate Prices In Shenzhen, Dongguan And Huizhou, Zhituan Su

Dissertations and Theses Collection (Open Access)

In recent years, the Chinese government has proposed a national development strategy for the construction of Guangdong-Hong Kong-Macao Greater Bay Area, which has been beefing up the trend of integrated development of Shenzhen, Dongguan and Huizhou, frontiers of the reform and opening up. Among many other topics, the evolution of the real estate prices in Shenzhen, Dongguan and Huizhou has become a front-burner topic.

In this dissertation focusing on the real estate price in Shenzhen, Dongguan and Huizhou, we have conducted in-depth analysis of the interplay between the real estate price in Shenzhen, Dongguan and Huizhou from such perspectives as …

Cooperative Development Of International Port In Guangdong-Hong Kong-Macao Greater Bay Area, Yunwei Du

World Maritime University Dissertations

No abstract provided.

Comparative Analysis Of International Bulk Freight Index, Wenbo Gu

World Maritime University Dissertations

No abstract provided.

Risk And Strategies Of China's Oversea Port Infrastructure Investment Under "One Belt One Road" Initiative, Jingshun Ke

World Maritime University Dissertations

No abstract provided.

The Impact Of Sino-Us Trade Conflict On International Dry Bulk Shipping Market, Yuefeng Lyu

World Maritime University Dissertations

No abstract provided.

Study On The Port Classification Of 21st Century Maritime Silk Road West Line, Jiawen Wang

World Maritime University Dissertations

No abstract provided.

Correlation Analysis Between Container Shipping Market And Sino-Us Trade Under The China-Us Trade Conflict, Changqing Lu

World Maritime University Dissertations

No abstract provided.

The Effects Of The Chinese Imports On Brazilian Manufacturing Workers, Lourenco Paz, Kul Kapri

College of Humanities and Social Sciences Departmental Research

This study examines the impacts of imports from China and from the Rest of the World (ROW) on the wages of Brazilian manufacturing workers during 2000–2012. In this period, import penetration in Brazil grew by 25 percent, and the Chinese share of it increased from 3 to 20 percent. Using household survey data that encompass both formal and informal workers, we find that imports from China and from the ROW had different effects on manufacturing skilled and unskilled workers’ wages. Both the skilled and unskilled workers were negatively affected by an increase in the Chinese import penetration of intermediate inputs. …

The Oppressive Pressures Of Globalization And Neoliberalism On Mexican Maquiladora Garment Workers, Jenna Demeter

Pursuit - The Journal of Undergraduate Research at The University of Tennessee

The international economic trends of globalization and neoliberalism have exposed and enabled the exploitation of Mexican workers, especially women in the maquiladora garment industry. During the 1950s, globalization gave rise to the new international division of labor and transnational corporations (TNCs) that have offshored labor-intensive phases of production to developing countries, many of which have pursued export-led industrialization. Export processing in Mexico was encouraged in the 1960s by Item 807 of the U.S. Tariff Code and Mexico’s Border Industrialization Program. Especially following the Latin American debt crisis of the 1980s, advanced capitalist countries and International Financial Institutions foisted neoliberal structural …

Becoming A Superpower: China’S Rise And The Belt And Road Initiative In Latin America, Garrett Bullock

History Summer Fellows

Is China a Superpower? Will it become one? After half a century of establishing a strong international military presence, thriving economic growth, domestic/international political authority, and considerable cultural “soft power”, the PRC has emerged as a hegemon capable of competing in international geopolitics. Nevertheless, these questions remain unanswered. For this reason, this research explores what it means to be a superpower, whether China is or will be a superpower, and, importantly, what impact China’s rise has on the world. To do this, this research explores existing debates surrounding China’s current global status, the historical emergence of the PRC as a …

Effect Of Oil Price Shock On Monetary Policy In Nigeria: A Vector Autoregressive Analysis, Ama Agyeiwaa Abokwah

International Journal of African Development

This paper examines the effects of oil price shocks on interest rate, real GDP and real effective exchange rate in Nigeria using a vector autoregressive (VAR) model. The results from the impulse response function suggests that positive oil price shocks have no effect on the interest rate (monetary policy), real exchange rate and real GDP. This result suggests that monetary policy in Nigeria does not respond to oil price shocks. Both the impulse response functions and variance decomposition analysis to a large extent confirmed that oil price shocks are only able to explain a small proportion of the forecast error …

Intergovernmental Authority On Development And East African Community: Viability Of Merger, Andualem Zewdie

International Journal of African Development

Constituting a regional economic community has immense benefits to the societies within a given region. Regional Economic Communities (RECs) would play an inevitable role in increasing people to people interactions and gradually forging interdependence in different sectors, which used to limit government to government. Often, such bondage within given RECs among states in general and societies in particular paves the way to address the ills of the respective societies in a collaborative manner. In fact, it is plausible to argue that there is a conducive environment to constitute and build up RECs in the present globalizing world. Parallel to the …

Opportunities And Challenges For Community-Based Ecotourism Development: The Case Of Alatish National Park, Northwest Ethiopia, Kassegn Berhanu

International Journal of African Development

Contrary to traditional forms of tourism such as mass tourism, ecotourism has widely been recognized as an economic diversification and developmental tool, and an appropriate approach for conservation of natural resources for destinations with tourism heritage possessions as it provides protection and economic incentives. The aim of this study is to assess opportunities and challenges for community-based ecotourism development. A mixed research approach was devised and a cross-sectional research design was used. Tools of primary data collection were questionnaires, focus group discussions, interviews and observation checklists. Secondary data were collected from related articles, research and documents obtained from offices. Quantitative …

Nutrition And Trade Liberalization In Africa, Ismaelline Eba Nguema

International Journal of African Development

Trade openness and nutrition are concepts that are closely related. Openness could contribute to an improvement in nutrition under only certain conditions. These include improved export earnings, ultimately the import capacity of the countries participating in the exchange, and maintaining a sufficient level of agricultural production. The objective of this article is to analyze the link between trade liberalization and nutrition in Africa.

Trade openness and nutrition are concepts that are closely related. Openness could contribute to an improvement in nutrition under only certain conditions. These include improved export earnings, ultimately the import capacity of the countries participating in the …

Understanding Remittances In Eritrea: An Exploratory Study, Fikresus Amahazion

International Journal of African Development

Migration has been characterized as a fundamental component of the human experience, and today there are several hundred million international migrants around the world. Although migrants leave their home country, they maintain links, particularly through remittances. Economic remittances supplement the domestic incomes of millions of poor families and are vital for many developing countries. This paper explores economic remittances into Eritrea, examining the particular trends, amounts received, and how remittances are generally consumed. Additionally, the paper explores general perceptions about remittances and their impact upon society in Eritrea. Based on interviews and focus group discussions with individuals and households across …

Editorial Note, Sisay Asefa

International Journal of African Development

Chief Editor Sisay Asefa discusses the articles in Vol 5 n. 2 of the International Journal of African Development.

International Journal Of African Development, Vol. 5, Issue 2

International Journal of African Development

Complete issue of International Journal of African Development, Volume 5, Issue 2 - Spring 2019.

How China’S Ageing Population Will Impact On The Rest Of Us, Singapore Management University

Perspectives@SMU

The world’s second largest economy is getting old before it gets rich

International Welfare Spillovers Of National Pension Schemes, James Staveley-O'Carroll, Olena Staveley-O'Carroll

Economics Department Working Papers

We employ a two-country overlapping-generations model to explore the international dimension of household portfolio choices induced by the asymmetric provision of government-run pensions. We study the resulting patterns of risk-sharing and the corresponding welfare effects on both home and foreign agents. Introducing the defined benefits pay-as-you-go system at home increases the welfare of all other agents at the expense of the home workers and improves the degree of intergenerational risk sharing abroad. Conversely, a defined contributions system leads to welfare losses of both home cohorts accompanied by gains abroad, but does increase the extent of intergenerational risk sharing at home.

Governance In A Globalised World, Richard Woodward

Books/Book Chapters

Discussions surrounding the sources of power and authority that govern the social world have taken place since ancient times. Finally, in the latter half of the twentieth century, it appeared that this debate had been decisively resolved in favour of the view that governance was the preserve of governments. This was a consequence of the ascendance in the social sciences of methodologies that presupposed human activities to correspond to the territorial boundaries of sovereign states. The privileging of sovereign territoriality did not reflect a poverty of scholarly thinking but was a by-product of their social world. (Taylor, 1996). By the …

Theoretical Concepts Of The Competitiveness Of The National Economy, G. K. Sultanova

International Relations: Politics, Economics, Law

The article explores and summarizes the theoretical concepts of competitiveness of the national economy. Based on a review of economic theories, the author describes the evolution of factors that determine the competitiveness of nations. The author concludes that in the scientific literature there are many conflicting views regarding the meaning and definition of the concept of competitiveness. However, the opinion of many scientists coincides that competitiveness is determined by the efficiency and productivity of the economy, and is a means of improving the welfare of the nation.

Global Value Chains And The Cptpp, Pao-Li Chang, Tran Bao Phuong Nguyen

SMU Economics and Statistics Working Paper Series

The CPTPP, or the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, is an example of a “mega-regional” free trade agreement, whose provisions on the rules of origin and trade facilitation can have potentially large impacts on the CPTPP-wide supply chains. In this paper, we investigate whether the CPTPP members are key upstream and downstream trade partners to each other in the global value chains. We develop formulas of bilateral upstreamness and downstreamness, based on the gross-export decomposition framework of Koopman, Wang and Wei (2014) and Borin and Mancini (2017). We demonstrate how the decomposition of gross exports can be used …

Impact Of Climate Change On Wildfire Across China, Based On Plot-Level Data From National Forest Inventory - June 2019, Shilei Liu, Jintao Xu

Forest Collaborative Research

Presentation focus on the impact of climate change on wildfires across China.

Economics Of Modern Plantation Forests In China - June 2019, Jintao Xu, Miaoying Shi

Forest Collaborative Research

Presentation focuses on eucalyptus forest development in Guangxi, China

Global Value Chains And The Cptpp, Pao-Li Chang, Tran Bao Phuong Nguyen

Research Collection School Of Economics

The CPTPP, or the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, is an example of a “mega-regional” free trade agreement, whose provisions on the rules of origin and trade facilitation can have potentially large impacts on the CPTPP-wide supply chains. In this paper, we investigate whether the CPTPP members are key upstream and downstream trade partners to each other in the global value chains. We develop formulas of bilateral upstreamness and downstreamness, based on the gross-export decomposition framework of Koopman, Wang and Wei (2014) and Borin and Mancini (2017). We demonstrate how the decomposition of gross exports can be used …