International Economics Commons^™

Architects Of War: The Economic And Industrial Strategies Of The Third Reich And United States Under Albert Speer And William Knudsen, Spencer David Taylor

CMC Senior Theses

This thesis presents a chronological narrative that delves into the economic and industrial underpinnings of the Second World War, focusing on the contrasting war machines of Germany and the United States. By examining the strategic decisions and outcomes shaped by two central figures, Albert Speer of Germany and William S. Knudsen of the United States, this study highlights how their approaches to war production profoundly influenced the overall trajectory and outcome of the war. Knudsen’s embodiment of the American industrial spirit and Speer’s manipulation of Germany's constrained resources illustrate the crucial roles that economic strategies played alongside military operations. The …

The Economic Impacts Of Digital Nomads In Medellin, Colombia, Bernadette Patricia Farmer

Honors Theses and Capstones

As a result of increasing internet accessibility and the rise in popularity and possibility of remote work following the COVID-19 pandemic, workers from advanced economies have applied the work-from-home routine while visiting different countries. These destination cities have lower living costs and remote workers can experience increased purchasing power and new cultures. To fully take advantage of their professional autonomy, these workers, known as digital nomads, stay in each international location for one to three months before traveling elsewhere – conveying their propensity for nomadism. Digital nomads (hereafter referred to as DNs) have economic impacts on their host cities in …

Leveraging Brazilian Administrative Data To Examine The Impact Of Unobservable Factors On Earnings, Victor Gabriel Antunes Buttignon, Francis Carlo Petterini Lourenço, Edinaldo Tebaldi

Mathematics and Economics Faculty Journal Articles

This research contributes to the literature and fills a gap in the Brazilian literature on the returns to public and private education. Most research examining this differential are subject to potential bias because of the lack of controls for unobservable variables. This work accounts for unobservable traits by leveraging the methodology proposed by Dale and Krueger (2002) and data from the National Association of Graduate Centers in Economics (ANPEC) and administrative data from the Annual List of Social Information (RAIS). The findings indicate that the positive earnings differential for public education turns insignificant when controls for unobservable characteristics are accounted …

Access To Banking : A South Asian Perspective, Aditi Poudel

Electronic Theses and Dissertations

This study examines the driving factors behind gender disparities in access to banking services in South Asia (Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka) with a focus on legal indicators (assets, marriage, mobility, parenthood, pay, pension, workplace) and gross domestic product (GDP) per capita. The choice of South Asia is not just due to the sheer number of women affected by financial exclusion but also because of its economic significance and the opportunity for substantial impact through legal and economic reforms in the world economy. Employing logistic regression models, I examine the critical legal and economic determinants influencing …

Enhanced Prediction Of Stock Markets Using A Novel Deep Learning Model Plstm-Tal In Urbanized Smart Cities, Saima Latif, Nadeem Javaid, Faheem Aslam, Abdulaziz Aldegheishem, Nabil Alrajeh, Safdar Hussain Bouk

School of Cybersecurity Faculty Publications

Accurate predictions of stock markets are important for investors and other stakeholders of the equity markets to formulate profitable investment strategies. The improved accuracy of a prediction model even with a slight margin can translate into considerable monetary returns. However, the stock markets' prediction is regarded as an intricate research problem for the noise, complexity and volatility of the stocks' data. In recent years, the deep learning models have been successful in providing robust forecasts for sequential data. We propose a novel deep learning-based hybrid classification model by combining peephole LSTM with temporal attention layer (TAL) to accurately predict the …

Essays On Public Finance And International Finance, Deepti Sikri

Electronic Theses & Dissertations (2024 - present)

The first chapter examines New York State's Fiscal Score Monitoring program to find the effect of two quality labels on school district outcomes: fiscal stress scores, reflecting the budget solvency, and environmental stress labels reflecting economic and demographic conditions. Using the NYS school district data from 2013-22, I employ the regression discontinuity design to find the effect of stress labels, in response to the political pressure on district finances, housing, and school outcomes. I find the effect of fiscal stress label is limited, leading to a decrease in the fund balance ratio and an increase in the tax rate. However, …

Heat & Social Cooperation: The Effects Of Thermal Stress On Altruism, Alexander J. Courtman

Master's Theses

Recent literature has highlighted the effects of temperature on economic outcomes and violence in humans, on both the interpersonal and intergroup levels: as temperatures rise, humans are more likely to exhibit increased aggression and agitation. However, little research has been done on how pro-social behaviors like cooperation and altruism among humans might respond to increased temperatures. As extreme heat events increase in frequency, will humans and communities work together in the face of adverse shocks and crises? Leveraging experimental data collected randomized controlled trails held in 4 locations across the world, this paper seeks to establish a relationship between thermal …

Behind Russia’S Invasion Of Ukraine: The Clash Of Different Mode Of Capitalism, Nandito Oktaviano, Agussalim Burhanuddin

Global: Jurnal Politik Internasional

This research aims to analyse Russian foreign policy toward Ukraine from 2014 to 2022. It uses a dual logical plural approach from Marxist IR Theory. This approach greatly emphasises the importance of two systemic logics, namely capitalism and geopolitics. Since this approach is used in the realm of foreign policy analysis, contextualisation of the level analysis is needed. In this case, the dual logical plural approach proposes a distinctive description of these levels of analysis. International condition refers to the imperialism of the present world order, domestic factor refers to the development of state capitalism, and actors refer to the …

Joining A Currency Union To Improve Financial Development And Competitiveness: The Case Of Slovakia, Etsub Tekola Jemberu, Bruce Dehning

Accounting Faculty Articles and Research

Enhancing competitiveness is a priority for nations seeking to promote economic growth. One of the critical drivers of a nation’s sustainable competitiveness is financial system development. However, whether joining a currency union has a positive impact on a country’s financial system development requires further investigation. This study evaluates the impact of euro adoption on Slovakia’s financial system development using a synthetic control method with lasso regularization methodology. A comprehensive index that captures the depth, access, and efficiency of financial institutions and markets is used to measure financial system development. Based on a donor pool composed of non-euro OECD countries, the …

The Effect Of Export-Related Measures On Indonesian Export Of Palm, Cpo, And Its Derivative Products, Edy Krismanto Sipayung, Christina Ruth Elisabeth

Economics and Finance in Indonesia

This study investigated the effect of Export-Related Measures (ERMs) imposed by the Government of Indonesia on the export volume and value of palm, Crude Palm Oil (CPO), and its derivatives products utilizing the export data of Indonesia to 194 destination countries in the 2011–2020 period. This study combined the dataset of ERMs from the United Nations Conference on Trade and Development (UNCTAD) database and relevant Indonesian regulations. The results reveal that ERMs have a positive and significant effect on both the export volume and value of Indonesian palm, CPO, and its derivatives products. The price-raising effect or costs of ERMs …

Exchange Rate Responses And Volatility Spillover Effects During The Covid-19 Pandemic In Indonesia, Panky Tri Febiyansah

Economics and Finance in Indonesia

This paper aims to assess the impact of the confirmed COVID-19 cases, the timing of the outbreak, and physical measures on the returns and spillover effects of exchange rate in Indonesia. The model will be tested by the exponential generalized autoregressive conditional heteroskedastic (EGARCH) process and the spillover volatility index. The study discovers that the confirmed cases, outbreak news, and the implementation of large-scale social restrictions simultaneously contribute to a leverage effect on the volatility of a direct quote of Indonesian Rupiah to Australian Dollar, Euro, US Dollar, Singapore Dollar, and Great British Pound. To a certain extent, the heatwave …

China’S Changing Perspective On The Wto: From Aspiration, Assimilation To Alienation, Henry S. Gao

Research Collection Yong Pung How School Of Law

Since its accession to the WTO twenty years ago, China’s image has shifted from a good student aspiring to assimilate itself into the multilateral trading system to one that is increasingly alienated from key WTO principles. How has China’s perspective on WTO been evolving? What are the reasons behind China’s changing perspective? This chapter addresses these questions from the Chinese perspective with a comprehensive analysis of the key moments in China’s first two decades in the WTO, followed by practical suggestions on how to engage China more constructively in the WTO and beyond.

The Depth Of Preferential Trade Agreements, Pao-Li Chang, Wei Jin, Kefang Yao

Research Collection School Of Economics

Preferential trade agreements (PTAs) have increased rapidly in number since the 1990s, and have extended their traditional focus on tariff reduction to include deeper integration in policy areas such as competition policy, intellectual property rights, investments, and movement of capital. This paper uses a comprehensive dataset on the content of PTAs to quantify the impacts of the depth of trade agreements on bilateral trade flows and national welfare across the world for the period 1980–2015. The results indicate that agreements that are deeper (by different definitions) contribute to larger trade growth and welfare gains. Furthermore, the results imply that the …

Blue Economy Coastal Resources: Economic Valuation And Governance For Achieving Sustainable Development Goals, Unmana Sarangi

Journal of Ocean and Coastal Economics

The research paper entitled "Blue Economy Coastal Resources its Economic Valuation and Governance for Achieving Sustainable Development Goals" is an attempt to define and analyze the concept of Blue Economy, Coastal Resources, its Economic Valuation and Governance and its implications for achieving the Sustainable Development Goals(SDGs) slated by United Nations. The research study covers aspects such as development of coastal resources for building a blue economy to achieve SDGs, economic valuation of coastal resources to develop appropriate and suitable mechanisms for achieving healthy ocean and its importance for current and future generations, sustainability of coastal resources and coastal management …

Minimum Exchange Rate And A Negative Interest Rate: The Swiss National Bank’S Unconventional Monetary Policy During Eurozone Volatility, Wally Bargeron

Independent Study Project (ISP) Collection

Monetary policy is one of the most important tools that a government has to influence its economy. This means the ability for a country to determine their own monetary policy is important to that country’s autonomy. Switzerland has consistently based its decisions on what would afford it the highest level of autonomy, including the decision not to join the European Union and subsequently the decision to retain their own currency.

The Swiss National Bank retains the mandate to keep price levels (inflation) stable, but it is challenged by an appreciating currency. Because the Swiss Franc is a safe-haven currency, money …

An In-Depth Look Into Inflation In Argentina And The United States: A Qualitative Study, Sebastian J. Ippolito

Student Publications

This paper explores the complex phenomenon of inflation in Argentina and the United States through a qualitative lens, offering a comparative analysis that captures the diverse experiences and perspectives of individuals from both nations. The paper examines the historical context of both countries to further develop key inflation perspectives and experiences in both nations. By interviewing two family members in Argentina and an Economics professor in the United States, the study bridges personal and academic viewpoints to unravel the multifaceted impacts of inflation. Argentina's prolonged struggle with inflation, characterized by historical policy inconsistencies and economic mismanagement, contrasts with the relatively …

Analysis Of The Effects Of Nafta On Rural Farmers In Mexico: Agriculture And Immigration, Kevin Xavier Garcia-Galindo

Independent Study Project (ISP) Collection

This research paper examines the effects of the North American Free Trade Agreement (NAFTA) on agricultural workers in rural Mexico and immigration rates from those regions. The paper aims to investigate the validity of claims regarding the impact of NAFTA on immigration and agriculture, which are often interconnected. By focusing on the rural farming communities of Mexico, the study incorporates ethnographic perspectives to complement existing academic research on NAFTA. The research question explores how NAFTA affected agricultural workers in rural Mexico and its implications for immigration patterns. Through a comprehensive literature review and interviews with individuals involved in rural farming, …

Unveiling The Impact: Mexico's Decree On Genetically Modified Corn And Its Ramifications On Food Security, Lauren Mcshea

Independent Study Project (ISP) Collection

This research delves into the repercussions of Mexico's presidential decree in late 2020, which imposed a ban on the human consumption of genetically modified (GM) corn by January 2024. In a trade dispute under the United States-Mexico-Canada Agreement (USMCA), the decree has sparked tensions between Mexico and the United States, particularly concerning the disruption of GM corn exports. Beyond trade dynamics, the study aims to address the broader impact on Mexico's food security landscape, exploring the intricate connections between the ban and various factors, including agricultural practices, economic implications, and shifts in the corn market dynamics. This research seeks to …

Carbon Credibility: Strategic Opportunities For Asean Regional Industrial Policy In Voluntary Carbon Markets, Bryan Jed Soh

Independent Study Project (ISP) Collection

Carbon offsets have come under increasing scrutiny due to uncertainties in real carbon abatement, transparency, and fears that it will exacerbate global inequality by allowing the global North to ‘pay to pollute’ through ethically questionable projects in the South. Following Article 2.1.C of the Paris Agreement, this paper argues that the global green transition requires private capital to be fully mobilized through voluntary carbon markets (VCMs). Given that ASEAN states face some of the world’s greatest climate risks while being a fast-growing region, this case study answers the question: how can states play a more proactive role in regulating VCMs …

Evaluating The Effectiveness And Efficiency Of U.S. Foreign Aid, Rebecca Baley

Selected Honors Theses

The U.S. is the top spender in the world when it comes to foreign aid, sending billions of dollars around the world each year. There are many different goals and objectives that the U.S. government hopes to accomplish with their spending. This paper is structured as an extended literature review analyzing previous literature on the topic of U.S. foreign aid spending and the results of these funds around the world to test the effectiveness and efficiency. The process of how the foreign aid budget is set will also be discussed as well as the history of why the U.S. started …