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Tyranny And Economic Greed: The Disintegration Of The Sudanese Nation, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The present paper is part of unpublished book divided into three interrelated manuscripts that analyze the collapse of the Sudan. The current paper conclude that the decision of the International Criminal Court to arrest President Bashir triggered a process for the disintegration of an unprecedented tyrannical regime that embezzled the Sudanese nation under the pretext of imposing Islamic Sharia Laws. However, there is a pronounced prominent conflict manifested here which is the question whether it was a real Islamic laws, or was it only a powerful tool to control the country. The dogma imposed hegemonic regime that extracted all economic …

The Effects Of Labour Market Performance On Financial System Stability, Tomasz Daras, Joanna Tyrowicz

Joanna Tyrowicz

Crisis may spread through economy via the propagating mechanisms of the labour market - households becoming delinquent due to initial unemployment shock may be unable to continue servicing obligations versus the financial system. With large volume debts - e.g. mortgages - such defaults pose a threat to financial system stability. In this paper we use the Polish household budgets survey to simulate the impact of changes in the labour market status of household members on the ability of the household to service its mortgage payments. The simulation results are subsequently aggregated to facilitate macro-level interpretation of the findings. We simulate …

Shadow Employment In Post-Transition - A Matter Of Choice Or No Choice?, Stanislaw Cichocki, Joanna Tyrowicz

Joanna Tyrowicz

According to a dualistic view, shadow employment may follow from two main labour market failures: (i) official market labour taxation distortions make it ineffective for some agents to engage in registered employment due to a tax wedge; or (ii) for some workers regular employment may be unattainable do to some high access costs or demand constraints, which results in seeking earning opportunities beyond the boundaries of the official labour market. Whereas in the first case revenues from unofficial employment should be higher than the corresponding official ones (tax evasion hypothesis), in the alternative explanation labour market tightness seems to be …

Do We Really Need To Start From Scratch?, Michal Gradzewicz, Krzysztof Makarski, Joanna Tyrowicz

Joanna Tyrowicz

This paper presents views and believes of the authors on the relevance of the current economic theory for the understanding of the complex world we live in. Has the crisis indeed demonstrated that as profession we are misled by the beauty of the mathematical models and the only useful, workable solutions at hand were provided in early 1930s? The purpose of this paper is to provide a review of the current state-of-the-art literature from the perspective of its usefulness in the context of economic crises. We argue that although we might be unable to answer many questions or to “predict” …

Intra-Provincial Inequalities And Economic Growth In China, Joanna Gravier-Rymaszewska, Joanna Tyrowicz, Jacek Kochanowicz

Joanna Tyrowicz

This paper approaches the problem of inequalities in China. It is specifically focused on analyzing the effects of intra-provincial disparities on the development of the 28 mainland provinces in China. Intra-provincial inequalities, as measured by Theil index, seem positively related to growth, albeit the results are only convincing for the coastal provinces. A case by case analysis, however, suggests highly diversified patterns, including linear or an inverted u-shape for fastest growing coastal provinces and virtually no relationship for the majority of regions. The results corroborate some earlier raised questions about actual policy-making standards in China.

What Happened To The Middle Class In The New Market Economies? The Case Of Croatia And Poland, Joanna Tyrowicz, Iva Tomić

Joanna Tyrowicz

Transition countries are believed to have undergone signifi cant social and economic structural changes. Indeed, the early transition resulted in the modifi cation of ownership structure and recognized processes of labor reallocation as well as in rapid educational booms in many Central and Eastern European countries. In this paper we shed some light on the changes regarding the size and composition of the middle class in two transition countries, Croatia and Poland, in the period 1995-2008. In general, the size of the middle class – as defi ned by individuals with wages around the median – decreased in Poland roughly …

Saving Less When There Is More? Foreign Debt And Domestic Savings In Developing Countries, Joanna Tyrowicz, Luke Okafor Emeka

Joanna Tyrowicz

Although literature has given considerable attention to the effects of foreign debt on the growth, we still know little about its effects on the internal potential for capital formation. Literature suggests a number of channels through which availability of foreign financing could affect domestic savings. We test empirically this relationship using data for Sub-Saharan Africa and Latin America and the Caribbean over 1975-2004. Controlling for endogeneity, we find that foreign debt adversely influences domestic savings especially in the long run. The results are not susceptible to the choice of countries, although few outliers should be noted.

Riding On The Wave? Middle Class In Transition, Joanna Tyrowicz, Joanna Nestorowicz

Joanna Tyrowicz

In this paper we inquire into how structural social changes associated with economic transition affected the relative position of the so called ‘traditional’ and ‘new’ middle classes. We use Polish quarterly labor force surveys over the period 1995-2007 and analyze the distribution of self-reported wages and educational attainment across social groups. In the analysis we account for differences observed in the metropolies (usually benefiting immensely from the economic changes) and non-metropolitan areas (where most of the negative consequences are felt).

We find that although transition has contributed to greater inequalities both in terms of earned income and education, traditional middle …

Paul A. Samuelson (1915 - 2009): Memories Of Friedrich Von Hayek (1899 - 1992) Spanish Translation: Fernando Estrada And Andrea Trujillo, Fernando Estrada

Fernando Estrada

In this report Professor Samuelson staff prepares a tour of the work and thought of highlighting the contributions of Hayek Austrian economist and showing the world within which they took power broadly two contradictory paradigms of economic thought. This testimony intellectual frontline is extraordinary, given the recent death of Professor Samuelson

Recent Changes In The Armed Conflict In Colombia, Fernando Estrada

Fernando Estrada

Analyst in the strategy and operations of guerrillas and paramilitaries, have suggested that the Colombian conflict analysis should show the differences between clusters paramilitary. Not only because after the 80s, drug trafficking has played a decisive role, but because the geography of territories and control combinations have not been studied sufficiently. Geography of armed conflict should also provide tools to understand the impact of war on natural resources, for example. We sustain that while the drug economy has filtered the structure of semi-groups, promoting market competition and private security protection, drug trafficking does not explain absolutely all sources of violence …

Pain And Human Dependence (Dolor Y Dependencia Humana), Fernando Estrada

Fernando Estrada

This paper is a study of medical philosophy. The subject is studied from the author's own experience. On the basic sources of inspiration the works of Fernando Pessoa, Karl Kraus and Friedrich Nietzsche, raise the limits and scope of medical knowledge and experience of pain and disease.

Pierre Bordieu From Latin American, Fernando Estrada

Fernando Estrada

This brief paper is a tribute of the French thinker Pierre Bordieu. Plot some political economy issues and relate aspects of the remarkable influence thinker.

Financial Theory Has A Paradigm A La Kuhn?, Fernando Estrada

Fernando Estrada

This article aims to discuss two issues relatively linked. The first is an evaluation of the concept of paradigm of T. Kuhn in his representative work: The Structure of Scientific Revolutions ERC, [Ku96] and the complementary version by W. Stegmüller, Structure and dynamics of theories EDT, [Steg83]. This refined interpretation of the concept of paradigm allows for a more complete set of central Kuhnian concept. The second objective is to analyze the scope of the Kuhnian concept of models to evaluate financial explanation. Is explored preliminarily proposed fractal models / multifractal (F / M) of Mandelbrot [Mand97, 82, 02, 05]. …

Paramilitary Language In The Colombian Armed Conflict, Fernando Estrada

Fernando Estrada

The war in Colombia presents, among other characteristics, a high content of oratorical and rhetoric; the different armed actors are disputed, besides territories, the power of the public opinion, with what each violent action is usually accompanied by a discursive or symbolic justification. The present rehearsal offers an analysis of the paramilitary speech, starting from the declarations and interviews to Carlos Castaño, main boss of the selfdefenses. The paramilitary rhetoric is studied here from the theory of the speech acts of Austin-Searle, the theory of the argument of Chaïm Perelman, and the recent works has more than enough Metaphors of …

Uses Of Arguments And Negotiation, Fernando Estrada

Fernando Estrada

In the recent literature on conflict resolution tends to underline negotiation model based on the argument or dialogue. Exchange between different styles of argument some trends have emerged in the rhetoric applied to the law, especially in procedural law. During the last decade researchers have recognized the value of the argument to understand various problems of jurisprudence in cases of conflict and strife. This paper proposes a complementary design to the analysis of the negotiation process based on debate and dialogue. It advocates a theory of argumentation in negotiation processes for instances where rational agents use strategies unpredictable with incomplete …

The Names Of The Leviathan, Fernando Estrada

Fernando Estrada

This book is designed to offer an interpretation of armed conflict in Colombia using analytical tools from the philosophy of language (Perelman, Lakoff Facounnier). It addresses the civil war in Colombia taking into account the work of Thomas Hobbes's Leviathan

Implications Of The Economic Interactions Between Northern And Southern Tribes Of Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The present paper discusses issues of the tribal interactions living on the borders between North and South Sudan. Fore-sights are looked for, especially after secession. There are multiple ethnic relations and mutual resources collectively utilized. Different tribes live on those resources, in specifics those who depend on a livelihood of herding cattle, camels, sheep and goats. The conceptions of no-borders, free water resources and open range were entrenched for hundreds of years. The sudden realization of necessities of new borders generates revulsion, sense of deprivation and end of traditional life practice. Additionally, development issues are weak with lack of infrastructure, …

Effects Of Investment On Macroeconomic Variables In The Sudanese Economy, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Most developing and underdeveloped countries beside Sudan suffer from the low levels of income in addition to the low savings that are result from the lack of sophisticated savings channels. Hence, the investment depends on the individual's abilities on self savings, where the investment is considered as major motivating vehicle for economic activity due to its direct correlation with the capital accumulation process that increases the productivity capacity for the national economy and creating job opportunities and achieving economic development. Subsequently, the importance of the investment comes from effective role that can be practiced on the national product. The present …

Empirical Analysis Of Field Data On Hiv/Aids Epidemic In Khartoum State, Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The study focuses on the HIV/AIDS in Khartoum state during the period (2003-2007). The main objectives are to study the situation of HIV/AIDS in Khartoum state through a sample of 1439 of volunteers for the three selected blood testing and counseling centers in Khartoum, Omdurman, and Khartoum North teaching hospitals. The data of the study were collected from secondary source namely the registered information about volunteers after testing blood for HIV. The data were analyzed by using descriptive statistics, chi-square test for dependency between demographic variables and HIV/AIDS incidence, and logistic regression model to discover the effect of predictors variables …

Introduction To The Macroeconomic Structure Of Yemen, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In countries where tools of economic control are immature and disabled due to totalitarian systems, macroeconomic analyses for aggregate quantities and relationships, such as total consumption, investment, and government expenditures represents a difficult task. The practice of aggregation distinguishes this field of microeconomics and has advantages but also creates problems, a brief survey of these problems is required now, although a deeper appreciation of these must await the critical attitudes that can only develop with more exposure to entire subject. One difficulty is the complex area known as the aggregation problem, the classifying of widely varying goods or activities into …

Property Rights, Land Disputes And Social Discontent In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Under the present civil Sudanese conditions, the country endures many hardships which are manifested in economic retraction, inflation, recession and stagflation. However, those are not the sole reasons for the sporadic conflicts that infest the people. Illegitimate property and economic hoardings seem to be inflaming the Sudanese societies. Social conflicts are manifested in simple man's daily complaints to open rebellions. Most academicians agree on one point, that the society endures abnormal conditions. The current paper delves into land disputes in the South Kordofan region and displays there anomalies affecting the Sudanese state of affairs. The economic and social structures are …

John Rawls's Difference Principle And The Strains Of Commitment: A Diagrammatic Exposition, Greg Hill

Greg Hill

No abstract provided.

Some Wittgensteinian Reservationas About Neuroeconomics, Greg Hill

Greg Hill

Abstract: In Economic Theory and Cognitive Science, Don Ross proposes a radical reconstruction of neoclassical economics, retaining its rational-choice framework while substituting neural networks and other “mechanisms” for people as the prototypical decision-making agents. This essay describes some of the difficulties that arise when concepts belonging to what Wittgenstein called the human “form of life” are invoked to explain the behavior of such sub-personal “agents” as parts of the brain. The result is a misbegotten conception of “agency” and a “cyborg economics” the subject matter of which bears little relation to what economists and ordinary people mean by “making a …

An Examination Of Non-Linear Relationships Between Intellectual Property Rights Protection And Growth, Brian R. Lemak

Gettysburg Economic Review

This paper examines the possibility of a non-linear relationship existing between intellectual property rights protection (IPR) and gross domestic product (GDP) growth rates. A theoretical justification is developed for the potential existence of a non-linear relationship in terms of a quadratic relationship. This is then examined using panel data from 191 countries and taken in 5 year intervals, although the data had many missing observations. Results indicate there is statistically significant evidence that a quadratic relationship exists between IPR and GDP growth, however there are reservations about this evidence due to a dearth of observations in countries with very weak …

Measuring Poverty And Human Capital Development In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Catastrophes in Sudan are of many dimensions. Food security is a chronic and intrinsic problem in Sub Saharan Africa which is a fact recognized by the international society. Political instability, civil wars and finally recent secession of its Southern part is another fact which may be taken as a vivid example for other regions of that previously largest African country to be followed. The present paper introduces an analysis and assessment of measurements for human development indices in Sudan. It is empirically concluded that human welfare is invisible. The parameters are very low. Strategies are needed to provide for basic …

Black Tuesday And Graying The Legitimacy Line For Governmental Intervention: When Tomorrow Is Just A Future Yesterday, Donald J. Kochan

Donald J. Kochan

Black Tuesday in October 1929 marked a major crisis in American history. As we face current economic woes, it is appropriate to recall not only the event but also reflect on how it altered the legal landscape and the change it precipitated in the acceptance of governmental intervention into the marketplace. Perceived or real crises can cause us to dance between free markets and regulatory power. Much like the events of 1929, current financial concerns have led to new, unprecedented governmental intervention into the private sector. This Article seeks caution, on the basis of history, arguing that fear and crisis …

Employee Voice And Intent To Leave: An Empirical Evidence Of Pakistani Banking Sector, Ahmed Imran Hunjra, Muhammad Asghar Ali, Muhammad Irfan Chani, Hashim Khan, Kashif Ur Rehman

Muhammad Irfan Chani

A Note On Causal Relationship Between Fdi And Savings In Bangladesh, Mohammad Salahuddin, Muhammad Shahbaz Shahbaz, Muhammad Irfan Chani

Muhammad Irfan Chani

This paper aims to investigate the causal relationship between foreign direct investment and gross domestic savings in Bangladesh over a period of 1985-2007. In doing so, Johansen cointegration technique and error correction methods are employed to examine the long run and short run relationship between foreign direct investment and gross domestic savings. To determine the direction of causality, we used innovation accounting approach. Results suggest that there exist bi-directional causal relationship between foreign direct investment and gross domestic savings but the movement is stronger from domestic savings to foreign direct investment. The result also implies complimentary relationship between them and …