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A Comparative Analysis Of Development: Foreign Direct Investment And Remittances In Latin America, Jeffrey Denault 2011 Bryant University

A Comparative Analysis Of Development: Foreign Direct Investment And Remittances In Latin America, Jeffrey Denault

Empirical Economic Bulletin, An Undergraduate Journal

Economic growth in developing countries has long been thought to come from a variety of different economic factors. One of the most prevalent theories has been providing a country with high levels of foreign direct investment, encouraging the country to industrialize. Whilst there are obviously many other factors either inhibiting or encouraging a developing country’s growth, foreign direct investment has long been seen as the prime inflow of capital. However, in recent years, there has been a rapid increase in the transfer of funds to developing countries from migrant workers through remittances. This study explores the aggregate impact remittances have …


Foreign Aid And Growth In Select African Countries, Thomas Strong 2011 Bryant University

Foreign Aid And Growth In Select African Countries, Thomas Strong

Empirical Economic Bulletin, An Undergraduate Journal

This paper analyzes the effects of foreign aid on economic growth in a set of African countries. This paper differs from previous literature in several ways; this paper analyzes a small sample set of aid-receiving African countries of varying distances from the equator. This paper also uses the most up-to-date data available, which will provide an insight into the 21st century conditions. Previewing the empirical results, this paper determines that aid, in the form of technical cooperation grants, has a significant, positive impact on growth.


In The Aftermath Of The Financial Crisis Of 2008: What Have We Learned?, Luisa Blanco, Michael Crouch 2011 Pepperdine University

In The Aftermath Of The Financial Crisis Of 2008: What Have We Learned?, Luisa Blanco, Michael Crouch

School of Public Policy Working Papers

In the aftermath of the financial crisis and economic recession of 2008, it is important to reflect not only on its causes, but also on specific policies that can help countries to move towards sustained economic growth. This publication provides a compendium of lectures that intend to do this. The focus of the discussion is around the U.S. (first two chapters) and Latin America (last chapter), which enhances our understanding of the forces at play and the necessary policies that need to be implemented in different regions of the world. Dr. Lee Ohanian points to the strange differences between the …


China And The United States' Recovery From The Global Financial Crisis, Yufei Wang 2011 University of Denver

China And The United States' Recovery From The Global Financial Crisis, Yufei Wang

Electronic Theses and Dissertations

Faced with the global financial crisis, which has a large impact on the world's economy, China and the United Stated took different actions to pull the economy out of it, based on the fairly different financial, fiscal, and even political systems they have. This thesis focuses on the comparison of the financial and fiscal systems and trade structures between the two different countries, and how these have impact on their stimulus packages, thus influencing the economic recovery as a whole.


A Philosophical Framework For Conditional Cash Transfers, Jaron Abelsohn 2011 Claremont McKenna College

A Philosophical Framework For Conditional Cash Transfers, Jaron Abelsohn

CMC Senior Theses

Despite some recent economic progress, there is still widespread poverty and severe inequality in developing countries. According to the World Bank there are over 925 million hungry or undernourished people worldwide. More than 80 percent of people in the world live in countries whose income inequality is rising. Over 2.1 billion people globally live on less than two dollars a day, with over 880 million people facing absolute poverty and living on less than one dollar a day. Three out of four people living on less than $1 a day live in rural areas. These impacts have been magnified by …


Revitalizing Distressed Older Suburbs, Kathryn W. Hexter, Edward W. Hill, Brian A. Mikelbank, Benjamin Y. Clark, Charles Post 2011 Cleveland State University

Revitalizing Distressed Older Suburbs, Kathryn W. Hexter, Edward W. Hill, Brian A. Mikelbank, Benjamin Y. Clark, Charles Post

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.


Ethnic Minorities And Food Security In Northern Thailand, Monalisa Diamond 2011 SIT Graduate Institute

Ethnic Minorities And Food Security In Northern Thailand, Monalisa Diamond

Capstone Collection

The issue of food security is complex. By analyzing the relationship between international, national and local society, one can better contextualize food security issues. Using an embedded research design (with a qualitative leaning) supported by quantitative data, research is conducted via surveys, interviews and focus groups. This research design was chosen to offset limited sample sizes with quantitative data to strengthen findings. Research findings were cross analyzed to identify three emergent themes. The three cross-cutting themes identified and analyzed are: Thai citizenship, employment and chemical pesticide use (chemical pesticide use did not arise among Burmese refugees and is only applicable …


Roles Of Government, Nonprofit Sector, Business And Family And Their Interaction In Democracy, Stuart Mendel 2011 Cleveland State University

Roles Of Government, Nonprofit Sector, Business And Family And Their Interaction In Democracy, Stuart Mendel

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.


Book Review: "Buying Respectability: Philanthropy And Urban Society In Transnational Perspective, 1840s To 1930s", Stuart Mendel 2011 Cleveland State University

Book Review: "Buying Respectability: Philanthropy And Urban Society In Transnational Perspective, 1840s To 1930s", Stuart Mendel

All Maxine Goodman Levin School of Urban Affairs Publications

Book Review: "Buying Respectability: Philanthropy and Urban Society in Transnational Perspective, 1840s to 1930s, by Thomas Adam 2009"


Economic Development Under Dominant-Party Regimes, Christopher J. Gorud 2011 Colby College

Economic Development Under Dominant-Party Regimes, Christopher J. Gorud

Honors Theses

Case studies of economic development in Japan, Mexico, India, and Kenya examine the relationship between dominant-party regimes and developmental outcomes. This paper studies the variables of bureaucratic coherence and cohesion, corporatism, labor relations, and national developmentism as contributing factors to developmental success or failure in these states.


Northwest Indiana Regional Analysis: Demographics, Economy, Entrepreneurship And Innovation, Ziona Austrian, Merissa Piazza, Eli Auerbach, Sunjoo Park 2011 Cleveland State University

Northwest Indiana Regional Analysis: Demographics, Economy, Entrepreneurship And Innovation, Ziona Austrian, Merissa Piazza, Eli Auerbach, Sunjoo Park

All Maxine Goodman Levin School of Urban Affairs Publications

This report is associated with "Northwest Indiana Entrepreneurial Opportunity Survey Analysis"


Africa's Economic Resurgence: Is It Possible?, Alka Jauhari 2011 Sacred Heart University

Africa's Economic Resurgence: Is It Possible?, Alka Jauhari

Political Science & Global Affairs Faculty Publications

Economic theory suggests that inequality between nations is caused by a failure to strike an optimal balance between capital, goods, and labor within a framework of appropriate rules and regulations. This leads to misallocation of a nation's resources - both capital and physical - resulting in distorted use and flow of capital and goods. Politics, regulation and policy-making lie at the heart of such "distortions" which come at a huge cost to societies. Due to these distorted flows, Africa was left behind in the race for economic development, as compared to the other regions of the world. Such distortions have …


Signal Extraction From The Components Of The Philippine National Accounts Statistics Using Arima Model-Based Methodology, Cesar C. Rufino 2011 De La Salle University-Manila

Signal Extraction From The Components Of The Philippine National Accounts Statistics Using Arima Model-Based Methodology, Cesar C. Rufino

Angelo King Institute for Economic and Business Studies (AKI)

The state-of-the-art in signal extraction gradually evolved from the use of mechanical form of moving average filters to the present sophisticated model-based techniques capable of performing automatic modeling and signal extraction involving hundreds or even thousands of time series in one production run. The leading edge of technology is being shared by two ARIMA model-based systems – ARIMA X12 of the US Bureau of Census and the twin programs TRAMO-SEATS developed at the Bank of Spain. These specialized expert systems have been adopted by most statistical agencies of advanced OECD countries and the European community. The Philippines on the other …


The Great Indian Growth Puzzle: What Caused A Spike In 2003?, Aditya Bindal 2011 Claremont McKenna College

The Great Indian Growth Puzzle: What Caused A Spike In 2003?, Aditya Bindal

CMC Senior Theses

This paper will employ unit root tests for finding structural breaks endogenously among India’s key macroeconomic aggregate series, as well as their components and subcomponents. The same analysis will be repeated, wherever data are available, for states. The results from these unit root tests will then be used in regression models for national and state level data to understand the causes behind structural breaks. We find that breakpoints cluster around 1982 and 2003 for most series at the national and state level. The services component appears to be a promising candidate for explaining the 2003 structural break in some of …


The High Costs Of Small Loans: Understanding Interest Rates In Microfinance, Benjamin W. Hudgens 2011 Claremont McKenna College

The High Costs Of Small Loans: Understanding Interest Rates In Microfinance, Benjamin W. Hudgens

CMC Senior Theses

Version:1.0 StartHTML:0000000183 EndHTML:0000003190 StartFragment:0000002393 EndFragment:0000003154 SourceURL:file://localhost/Users/benjaminhudgens/Desktop/Final%20Thesis.docx This thesis will use data from 2009 to examine two questions about the Microfinance industry. First, why do firms charge interest rates well beyond their cost of funds and second, are there important differences at the national level that can help us to understand the high interest rates in Microfinance? I find that interest rates are primarily a result of operating expenses, but profit-status has large effects in developed Microfinance markets. I also find that the Economist Intelligence Unit’s measures of regulatory environment and industrial development explain a large portion of the variation in …


Brain Drain Out Of Hungary And Its Inhibitors, Eliza Plous 2011 SIT Graduate Institute

Brain Drain Out Of Hungary And Its Inhibitors, Eliza Plous

Capstone Collection

In many Central and Eastern European countries, a poor economic climate at home forces young people to make their careers in the West. Hungary is no exception. After spending time both studying and working in Hungary, the author chose to investigate the phenomenon known as “brain drain”: the large-scale emigration of young, educated individuals from Hungary as they seek higher salaries and more promising career prospects in neighboring Western European countries. This paper offers a comprehensive report on the economics of the brain drain problem, and on the opinions of young Hungarians who are currently seeking employment abroad; it also …


Three Sisters Exchange: Building Alliances And Promoting Justice From The United States To Ecuador, Ariel Climer 2011 SIT Graduate Institute

Three Sisters Exchange: Building Alliances And Promoting Justice From The United States To Ecuador, Ariel Climer

Capstone Collection

This paper presents a proposal for a social justice and action-based study abroad program with foundations in the short-term reality tours of the education and human rights-based NGO, Global Exchange, a far-reaching non-profit with friendships built on solidarity against the spread of elite globalization. The program is called the Three Sisters Exchange to honor the sustainable design of indigenous crop planting prevalent around the world. The design comes at a time when international educators offer few programs with foci in social justice. The international education field needs more sustainable programs that take into account global systems. A propagation of such …


Public Policy, Human Instincts, And Economic Growth, Jonathan B. Wight 2011 University of Richmond

Public Policy, Human Instincts, And Economic Growth, Jonathan B. Wight

Economics Faculty Publications

Alfred Marshall famously insisted that economics is more like biology than physics. Societies are organic ecologies that evolve and produce organized but unplanned complexity (Hayek 1979). Although no public policy reliably produces economic growth across all ecosystems, a key element unites diverse institutions and policies that do seem to work: they all are reasonably compatible with human instinct. Institutions that build on the basic instinct for self-betterment (as in markets) have a much easier time in achieving success than institutions that oppose it (as in communism). Instincts, like gravity, are a force of nature. Adam Smith theorized, for example, …


From Riches To Rags: The Political Economy Of The Natural Resource Curse, Anum Malkani 2011 Claremont McKenna College

From Riches To Rags: The Political Economy Of The Natural Resource Curse, Anum Malkani

CMC Senior Theses

The natural resource curse paradox has given rise to a wide range of explanations, which look at the economic, social and political characteristics of resource-rich countries. This paper focuses on the political economy of natural resources and finds that controlling for sociopolitical factors eliminates the natural resource curse. The analysis then turns to these sociopolitical factors and examines the significant, complex and varied effects of democratization on economic growth in general, as well as in resource-rich countries in particular. I conclude that the type of institutions needed for economic development in resource-rich countries are not specific to either democratic or …


The Economic Impact Of Oil Price Shocks On Emerging Markets, Aanchal Kapoor 2011 Claremont McKenna College

The Economic Impact Of Oil Price Shocks On Emerging Markets, Aanchal Kapoor

CMC Senior Theses

Recent spikes in oil prices have thrown light on how economic activity in emerging markets may be impacted by oil price shocks. This paper conducts an empirical analysis of the effect of oil price shocks on emerging markets. It tests for the existence of an asymmetrical relationship between oil prices and economic activity using a model developed by James Hamilton. It also assesses the impact of structural shocks to the real price of oil on output as proposed by Lutz Kilian. While our models find no consistent pattern within emerging markets, they do suggest that oil price shocks have a …


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