International Economics Commons^™

A Mobile Solution To Drug Prescription And Dispensation With Privacy Protection For Developing Economies, Kingsley C. Nwosu

Journal for the Advancement of Developing Economies

It is unarguable that many countries within the developing economies have not been able to reap many of the benefits from the innovations in Computer and Information Technologies (CIT) as they pertain to the advances in healthcare delivery systems. The contributing factors to the problems in these countries are multifaceted, such as, ethnic, cultural, environmental, governance, and infrastructural. To address these problems, current efforts have focused mostly on the issues of disease control and management. However, insufficient attention has been given to the concomitant problems of medication (drug / prescription) management especially as they relate to information management between patients, …

Effects Of Agricultural Loans In Developing Countries – Benin Case Study, Nicaise S. M. Sagbo

Theses and Dissertations--Agricultural Economics

Limited access to financial services is known as a major constraint to agricultural development (FAO, 2002). Farmers need liquidity to face agricultural expenses throughout the production cycle but mainly at the beginning. Mainstream financial institutions are reluctant to serve the agricultural sector for several reasons. First, they consider the sector to be highly risky with low performance. Also, agricultural activities depend on the weather, they take place in remote rural areas, and commodities prices are volatile. All these aspects make it hard for standard banks to reach their profit goals when lending to farmers. Since microfinance was conceived, it has …

Through The Eyes Of Locals: A Changing Climate In Bolivia, Jacob D. Rex

Undergraduate Theses, Professional Papers, and Capstone Artifacts

Deforestation and Agricultural Land-Use Change in Bolivia as a Function of Socio-Economic Realities.

This research combines semi-structured interviews of key informants and local participants, as well as field observations, which were conducted between January and April of 2019 in the Departments of Santa Cruz & Chuquisaca.

Winning The War: Sanction Effectiveness And Consequences, Kevin Allen

Theses and Dissertations--Economics

Chapter 1 shows that there is a negative relationship observed between sanctions and civil liberties in the target country, which is driven by how exposed the target country's trade was to the sanctioning countries. Using a fixed panel regression covering 160 countries from 1972-2005, it is found that import exposure to the sanctioning countries drives this negative relationship, with every percentage point of import exposure reducing the inverted FHI freedom score by 0.165 points. This implies that restricting imports to a country that promotes an oppressive response by the targeted government.

Chapter 2 examines whether countries change their trade patterns …

The Importance Of Property Rights In The Developing World: A Study And Comparison Of Zimbabwe And Botswana, Luke A. Scarpa

Dissertations and Theses

No abstract provided.

Does The Legal System Affect The Cost Of External Financing? Evidence From Ipo Underpricing Of Foreign Firms Listed In U.S. Stock Markets, Shaokang Wang, Jing Jiang

WCBT Faculty Publications

To study the effect of the legal system on the cost of external financing, we examine the degree of underpricing of the IPOs by foreign companies listed in U.S. We find that firms from highly corrupted countries have larger IPO underpricing. The quality of the home-country public law enforcement reduces the degree of IPO underpricing. In particular, the criminal sanction for violations of securities laws is the most significant factor in reducing underpricing. The evidence shows that even when a non-U.S. firm meets sophisticated U.S. regulations and goes public in a U.S. exchange, the degree of underpricing is still influenced …

Evolving Conceptions Of Sovereignty As Applied To Membership In International Organizations, Luke C. Radice

CMC Senior Theses

In the current international climate, both nations and individuals increasingly question both the validity and necessity of international organizations. This paper seeks to answer some of those questions, and to determine why countries choose to surrender significant portions of the national power that they are afforded under traditional perceptions of “Westphalian sovereignty”. This question is answered through an analysis of historical political thought on the concept of Sovereignty, then is applied to two case studies: the United Nations and the European Union, in which the benefits and downsides of surrendering sovereignty are discussed. Ultimately, this thesis concludes that the concept …

Leveraging Trade Agreements To Reduce Greenhouse Gas Emissions In Accordance With The Paris Agreement, Sam Becker

CMC Senior Theses

Climate change is the most obvious and pressing impairment of the biological, physical, and chemical systems. To help mitigate this unprecedented problem, I present heads of state, policymakers, and members of civil society with a set of new provisions that they can include in their trade agreements to drive emissions reduction from countries inside and outside of their trade agreements, maintain their ability to compete in an increasingly globalized world, and comply with international trading rules. Ultimately, I seek to demonstrate the untapped potential for leveraging trade agreements to reduce emissions in the midst of an international system that lacks …

Location Determinants Of Foreign Direct Investment In Real Estate : Evidence From China, Yi Tang

Chulalongkorn University Theses and Dissertations (Chula ETD)

The objective of this paper is to examine factors affecting locational choice of foreign direct investment (FDI) in China’s real estate. The panel data selected 32 provinces of China during 2003 to 2017 are used in the analysis. The results show that GDP per capita, population, and loan rate are important factors affecting FDI in China’s real estate market. This reflects that China's economic growth made a significant contribution to the growing trend of FDI in the real estate market. However, the investment of foreign real estate developers in cities in the eastern, central and western parts of China is …

Which Types Of Investor Investment Flow Affect Thailand Stock Market Index, Net Teeramungcalanon

Chulalongkorn University Theses and Dissertations (Chula ETD)

This study examines the effect of types of investor investment flow on Thailand Stock Market Index returns. Daily data on investment types, namely, foreign investors, institutional investors, proprietary investors, and retail investors from the Stock Exchange of Thailand for the period 2015 to 2020 is used. The results from the OLS model show that proprietary investors dominate the SET index. We also conduct a Granger causality test to understand the relationship between the SET index and investor investment flow. This study also examines the relation between SET volatility and investor behavior. The result shows that when the SET index has …

Testing The Determinants Of Stock Exchange Index Comovement In Thailand Stock Exchange, Nuntapat Asavaroengchai

Chulalongkorn University Theses and Dissertations (Chula ETD)

A study into the effects of different macroeconomic variables on the comovement between the Stock Exchange of Thailand (SET) Index and the Standard & Poor's 500 (S&P 500). These effects are tested using OLS regression in an annual and quarterly frequency. Real Interest Rate Difference between the two countries is found to have a significant negative effect, likely due to investors turning to Thailand when it has higher real interest rate. Income Level is found to be a significant positive effect, as countries with higher income are more integrated with the US. As the economy naturally grows, it is likely …

Pitfalls In The Use Of Foreign Direct Investment Statistics, Clare O'Mahony, Frank Barry

Articles

Foreign direct investment (FDI) statistics are widely used to study the impact of international capital movements and multinational enterprise (MNE) activities. FDI-intensity is also an important indicator of globalisation and economic integration. Datasets spanning long time periods and with broad country coverage have been employed in numerous studies to analyse various aspects of the determinants and consequences of FDI. Focusing on a relatively homogeneous group of six Western European EU countries, the present study finds major inconsistencies in the construction and coverage of these data both through time and across countries, leading to large discrepancies. Asymmetries will be far greater …

Volatility Spillovers Among Oil And Stock Markets In The Us And Saudi Arabia, Marinela Adriana Finta, Bart Frijns, Alireza Tourani-Rad

Research Collection Lee Kong Chian School Of Business

In this article, we use high frequency data and an identification via changes in volatility approach to assess the volatility spillovers among oil and the US and Saudi Arabian stock markets. We document the existence of asymmetry in contemporaneous spillover effects. Particularly, during the times when oil’s trading hours overlap with the US and Saudi Arabian stock markets, the volatility spillover from oil to the stock markets is higher than the other way around. We highlight the importance of taking into consideration the information present during continuous trading hours of oil, especially during simultaneous trading hours with the stock markets. …

A Two-Round In-Class Trading Game On The Principle Of Comparative Advantage And The Theory Of Reciprocal Demand, Bei Hong

Research Collection School Of Economics

This paper outlines a classroom trading game that explores equilibrium terms of trade using the principle of comparative advantage and theory of reciprocal demand. Students are divided into eight groups. Each group is assigned a country with hypothetical productivity and each country seeks its trading partner based on comparative advantage. Students simulate the trading of goods between countries with the objective of achieving the best possible terms of trade. The game encourages students to reflect on their learning of the principle of comparative advantage, consider improvements in trade terms through negotiation, and summarize the conditions for mutually beneficial terms of …

Made In Singapore, Pao-Li Chang, Phuong T. B. Nguyen

Research Collection School Of Economics

In this paper, we characterize the position of Singapore in global value chains and identify Singapore's key upstream and downstream trade partners. We trace how the position of Singapore in global value chains has changed in the past two decades: whether it has moved upstream or downstream, how involved it is in global value chains, how its trend compares with other major Asian exporting countries (China, Japan, Korea and Taiwan), and which key sectors of Singapore play a major role in these global trade networks.

Competition, Markups, And Gains From Trade: A Quantitative Analysis Of China Between 1995 And 2004, Wen-Tai Hsu, Yi Lu, Guiying Laura Wu

Research Collection School Of Economics

This paper provides a quantitative analysis of gains from trade in a model with head-to-head competition using Chinese firm-level data from Economic Censuses in 1995 and 2004. We find a significant reduction in trade cost during this period, and total gains from such improved openness during this period is 7:1%. The gains are decomposed into a Ricardian component and two pro-competitive ones. The procompetitive effects account for 20% of the total gains. Moreover, the total gains from trade are 13 31% larger than what would result from the formula provided by ACR (Arkolakis, Costinot, and Rodríguez-Clare 2012), which nests a …

Brain Drain And Emigration: How Do They Affect Source Countries?, Nicholas Chura

Williams Honors College, Honors Research Projects

This paper examines the effect of different skill levels of emigration on a country’s labor market, from high skill brain drain to low skill emigration. By utilizing an IADB Brain Drain data set to measure emigration rates among those with low, medium, and high educational attainment in a country, the effect of brain drain vs. low skill emigration on productivity and unemployment is examined. These data span from 1980 to 2010 with measurements every five years for 195 World Bank countries. By utilizing two two-way fixed effects models with GDP per capita and unemployment rate as the dependent variables, the …

Predicting Market Crashes Using Systemic Risk And Volatility Spillovers : A Deep Learning Approach, Kornprarun Mahutchariyakul

Chulalongkorn University Theses and Dissertations (Chula ETD)

We develop a model for predicting market crashes in the Stock Exchange of Thailand using a deep learning-based anomaly detection approach (LSTM-VAE). The model aims to detect market behavior before each market crash. Apart from the common stock market variables, we feed the model with the indices of systemic risk, and of volatility spillovers. With these two indices, the model takes into account the influences from both inside and outside the particular stock market. We find that in large crashes our model gives the crash warning signals shortly after the SET index reaches its peaks and long before the index …

Expectations And Reality In Meeting Financial Needs Of Thai Elderly : A Gender Perspective, Phantira Soontornsittipong

Chulalongkorn University Theses and Dissertations (Chula ETD)

Using the 2007 Survey of Knowledge and Attitudes on Elderly Issues surveying respondents aged 50 to 59 and the 2017 Survey of Older Persons in Thailand surveying respondents aged 60 to 69, this study identified a cohort to examine the gap between reality and expectations of Thai elderly males and females with regards to financial sources in meeting financial needs at old age with emphasis placed on the effect of regions and education. Three models of OLS dummy regression were ran to find the magnitude, sign, and significance of the reality-expectations gap. The results of the study found that the …

Note The Change: A Comparative Study Of Demonetization Efforts In India And Sweden, Danielle Browske

UNF Graduate Theses and Dissertations

On the evening of November 8th, 2016, Prime Minister Narendra Modi announced to a shocked India that the two most common banknotes would thereafter cease to be legal tender. Newly designed notes were printed and dispersed to Indians who were forced to wait in long bank and ATM lines, which frequently ran out of cash due to such high demand. There were reports of people dying in lines, not getting paid their salaries due to the chaos, and losing everything in the resulting inflation that plagued rural farmers. Since then, India has seen a rise in cash usage rates compared …