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Full-Text Articles in Political Economy

A Philosophical And Empirical Investigation Into Buddhist Economics, Hannah Doyle Jan 2023

A Philosophical And Empirical Investigation Into Buddhist Economics, Hannah Doyle

CMC Senior Theses

There is a growing body of literature on Buddhist economics from a philosophical perspective; however, no work to date has sought to empirically validate it as an effective economic theory at a global scale. In my paper, I draw on the long history of Buddhist metaphysics to construct an account of Buddhist ethics and then proceed to derive a set of Buddhist economic principles. I draw on the World Happiness Report’s methodology to quantitatively demonstrate the relationship between Buddhist economic principles and the psychological wellbeing of a country’s citizens, as measured through their own evaluation of their quality of life …


Global Trade Implications Of A Russia And Ukraine-Like Conflict Between China And Taiwan, Jay Morris Jan 2023

Global Trade Implications Of A Russia And Ukraine-Like Conflict Between China And Taiwan, Jay Morris

CMC Senior Theses

This paper examines the effects of global trade in general from a Russia-Ukraine-like conflict between China and Taiwan as well as the consequences to the worldwide semiconductor industry. A main component of these effects comes from two assumptions: trade between Taiwan and the rest of the world will cease when the conflict occurs and a group of geopolitically aligned and developed countries called the “Allies” will sanction China across a range of product categories. The main effect of the sanctions is the reduction in imports to China in key strategic goods that help in winning military battles and or promote …


Raising The Bar: The Impact Of Gender Quotas On Legislator Quality, Viola Hernandez-Derbez Jan 2023

Raising The Bar: The Impact Of Gender Quotas On Legislator Quality, Viola Hernandez-Derbez

CMC Senior Theses

We analyze the effect of a legislative candidate quota on the quality of congresspeople elected. We study a landmark legislation passed in 2014 in Mexico that required all parties to have an equal number of male and female congressional candidates. We observe a 31% increase in number of bills proposed in legislative sessions after the quota and a significantly higher likelihood for greater educational attainment among male and female deputies alike, controlling for an array of factors that could influence our quality measures. Since not all states had the same level of female representation when the quota was introduced, we …