Remittances Without Borders,
2015
Singapore Management University
Remittances Without Borders, Tan Swee Liang, S. N. Venkataramanan, Anil Kishora
Research Collection School Of Economics
A Pan-Asian Mobile Remittance Platform might just be the next big disruption in global remittances. One out of every 28 people lives in a country that they were not born in. As migrants, they are estimated by The World Bank to send home US$636 billion in 2017, with three-quarters remitted to developing countries. These remittances form a significant percentage of the Gross Domestic Product (GDP) of many of these developing countries. Given their magnitude and contribution to national economies, even a small reduction in remittance cost adds billions to these local economies. Mobile-to-mobile cross border remittances have recently shown that …
Peru: Open For Business,
2015
Singapore Management University
Peru: Open For Business, Singapore Management University
Perspectives@SMU
South America’s third-largest economy seeks to capitalise on growing global trade
Europe: Ready To Rebound,
2015
Singapore Management University
Europe: Ready To Rebound, Singapore Management University
Perspectives@SMU
Increasing trade, investment, and immigrant integration are keys to Europe’s economic vitality
Two-Year And Four-Year Tertiary Education: Measuring Human Capital Effects On Economic Growth In Developing And Developed Countries With The Uzawa-Lucas Model,
2015
Old Dominion University
Two-Year And Four-Year Tertiary Education: Measuring Human Capital Effects On Economic Growth In Developing And Developed Countries With The Uzawa-Lucas Model, Darryl M. Tyndorf
Educational Leadership & Workforce Development Theses & Dissertations
Tertiary education is believed to be a driver of economic development through the relationship between human capital development and economic output. Global massification efforts of tertiary education have led to increased global demand. Countries with limited tertiary education systems, like developing countries, have employed policies to increase domestic tertiary education opportunities instead of sending students abroad. Many tertiary education policies have focused on importing tertiary education from countries with established tertiary education systems. Import efforts first emphasized university models, but limited success prompted the import of more flexible short-cycle education modeled after the United States’ community college system. Limited empirical …
Mexico Consensus Economic Forecast, Volume 18, Number 4,
2015
University of Texas at El Paso
Mexico Consensus Economic Forecast, Volume 18, Number 4, Thomas M. Fullerton Jr., Adam G. Walke
Border Region Modeling Project
No abstract provided.
Clamoring For Greenbacks: Explaining The Resurgence Of The U.S. Dollar In International Debt,
2015
Portland State University
Clamoring For Greenbacks: Explaining The Resurgence Of The U.S. Dollar In International Debt, Hiro Ito, Cesar M. Rodriguez
Economics Faculty Publications and Presentations
This paper investigates the determinants of currency denomination in international debt. Using data on currency shares for international debt securities for 82 countries from 1995 through 2013, we find that while the extent of foreign currency issuance has not changed much since the 1990s, especially for developing countries, the currency composition has shifted, especially between the U.S. dollar and the euro. Before the Global Financial Crisis (GFC) of 2008, the share of the U.S. dollar has been on a downward trend while that of the euro had been on a steady rising trend, but since the crisis, the U.S. dollar …
Fair Trade Or Fake Trade? Specialty Coffee Certifications And Development In Uganda,
2015
SIT Graduate Institute - Study Abroad
Fair Trade Or Fake Trade? Specialty Coffee Certifications And Development In Uganda, Eliza Cummings
Independent Study Project (ISP) Collection
This project examined the relationship between specialty coffee certifications and development. The focus was exploring the local and national implications Fairtrade coffee certifications have in Uganda. Coffee is a critical commodity, accounting for 15 percent of Uganda’s foreign exchange and engaging over one million households in production. Currently, specialty certified coffees including Fairtrade, Rainforest Alliance, and 4C make up only four percent of total production. However, under Uganda’s 2013 National Coffee Policy, there is a target to expand specialty production to 24 percent. It is therefore imperative to understand how these specialty certifications affect primary producers participating as well as …
An Interactive Research Study On For-Profit Microfinance And Its Continued Social Impact,
2015
SIT Graduate Institute - Study Abroad
An Interactive Research Study On For-Profit Microfinance And Its Continued Social Impact, Rachael Peroutky
Independent Study Project (ISP) Collection
Though the world is changing rapidly, the problem of poverty and the push for human development have been debated for as long as anyone can remember. Outdated strategies for human development are not sustainable in this new globalized world. The relatively young and growing field of microfinance is hoping to be the answer for sustainable human development and poverty elimination. This study analyzes the impact of microfinance on human development through two major questions. Firstly, to what extent and in what ways can microfinance impact the poor? This research question is multifaceted and will seek to address some of the …
International Trade In Telecommunication Services: A Cross Sectional Gravity Regression,
2015
California State University, Fullerton
International Trade In Telecommunication Services: A Cross Sectional Gravity Regression, Justin C. Doty
Undergraduate Economic Review
The gravity model has been successful in measuring the effects of institutions, trade barriers, and other characteristics on trade in goods. Kimura and Lee [2004] find the gravity model is also suitable for measuring trade in services. The Organization for Economic Co-Development [2009a] develop gravity models for pilot service sectors such as construction, computer, professional, and telecommunication services. The purpose of this paper is to extend the findings of the OECD paper for telecommunication services. The paper finds that a 10 percent increase in distance between countries will decrease imports by 11.77 percent. Imports of telecommunication services are influenced by …
Comparing Advantages: Us Trade With The Rest Of The World, 1968-2008,
2015
Whittier College
Comparing Advantages: Us Trade With The Rest Of The World, 1968-2008, Roger White, David Buelher
Economics
Calibrating a stylized version of the Dornbusch-Fischer-Samuelson model, this paper finds that relative to a cohort of 97 trading partners, the US capital stock, labor force, and nominal GDP per capita decreased, while the level of technology embodied in its output increased. These observed dynamics suggest a shift in comparative advantage that, coupled with increased production at the extensive and intensive margins, yields an expectation of labor market churning. Grouping trading partners by World Bank income classifications reveals that observed changes for low and lower middle income cohorts resulted in more pronounced shifts in comparative advantage. Examining employment and earnings …
Implication Of Closure Of Rdas And Wdas Segment Of The Foreign Exchange Market In Nigeria,
2015
City Bank PLC
Implication Of Closure Of Rdas And Wdas Segment Of The Foreign Exchange Market In Nigeria, Akin Dawodu
Bullion
The Nigeria foreign exchange market has transitioned a great deal since the country gain independence. Nigeria had a pegged exchange control until the introduction of the structural adjustment program (SAP) in 1986. which brought about dual exchange rate system, the first and second tier foreign exchange market that later metamorphosed into the Foreign Exchange Market (FEM). Hence there continue to be policy reversals as a result of the volatility in the exchange rate.
The Effects Of Nafta On Consumption, Income, And Employment,
2015
University of North Dakota
The Effects Of Nafta On Consumption, Income, And Employment, Warren Mills
Theses and Dissertations
A significant amount of concern exists in popular and political culture concerning the effects of trade liberalization on the domestic economy in the U.S. Difficulty exists in isolating the effects of a particular trade agreement due to unrelated trade policy changes that happen preceding, during, and following the signing of an agreement. This research seeks to do an analysis of the big picture involving consumption, income, and employment not with the intent of determining causation, which has proven highly problematic in previous research; instead, the focus is on whether we can exclude a negative effect by NAFTA on these measures …
Do Immigrants Reduce Bilateral Trade Costs? An Empirical Test,
2015
Whittier College
Do Immigrants Reduce Bilateral Trade Costs? An Empirical Test, Roger White, Bedassa Tadesse
Economics
We use the first comprehensive estimates of bilateral trade costs to test the extensively stated, but rarely evaluated, hypothesis that immigrants reduce trade-related transaction costs. Our results provide robust and direct evidence supporting this often-posited hypothesis. We examine the period from 1995 through 2010 using data that represent 174 immigrant home countries and 19 OECD member host countries. We find that a 10% increase in the stock of immigrants from a given home country that reside in a given host country corresponds with a 1.04% decrease in the overall bilateral trade costs between the home and host countries. While different …
Greece Caught In Death Spiral,
2015
Singapore Management University
Greece Caught In Death Spiral, Augustine H. H. Tan
Research Collection School Of Economics
The country is trapped between twin evils akin to the sea monsters Scylla and Charybdis that threatened Odysseus' voyage.
A Curious Study Of China,
2015
School of Economic And Trade, Human University (North Campus), Changsa, Hunan, China
A Curious Study Of China, Sana Khalil
Business Review
China seems well-positioned in terms of innovation output; nonetheless, have underperformed with regards to innovation input which presents a very curious case for study. I investigate the determinants of China's cross-regional innovation output and link the variations in innovation output with the level of economic development. Using panel dataset from 31 regions of China, I show that the differences in China's regional innovation output can significantly be explained by variations in R&D manpower and expenditure, share of highly educated students, and public education spending. Additionally, domestic patent stock, high-tech export share and output value of new products are positively and …
Three Essays On The Economics Of Foreign Aid,
2015
University of Arkansas, Fayetteville
Three Essays On The Economics Of Foreign Aid, Hongwei Song
Graduate Theses and Dissertations
Recent years have seen a burgeoning interest in the issue of foreign aid especially in the context of developmental economics. As foreign aid is designed to help those less-privileged nations with developmental objectives such as poverty reduction and/or economic growth, fundamental questions include whether aid has been effective and what motivates donors to provide aid. This dissertation is composed of three essays that examine different issues concerning foreign aid. First, I focus on the Millennium Development Goals (MDGs) and its impact on aid allocation among sectors. If specification of the MDGs affected aid flows, it should be observed that more …
Mexico Consensus Economic Forecast, Volume 18, Number 3,
2015
University of Texas at El Paso
Mexico Consensus Economic Forecast, Volume 18, Number 3, Thomas M. Fullerton Jr., Adam G. Walke
Border Region Modeling Project
No abstract provided.
Role For Singapore In Mobile Phone Remittances,
2015
Singapore Management University
Role For Singapore In Mobile Phone Remittances, Tan Swee Liang, Singanallore Narayanan Venkataramanan, Anil Kishora
Research Collection School Of Economics
As sending money home this way takes off, the country can provide a Pan-Asian platform
Is There A Future For The Euro?,
2015
Singapore Management University
Is There A Future For The Euro?, Augustine H. H. Tan
Research Collection School Of Economics
A Greek exit could spell the euro zone's disintegration. The Greek referendum last Sunday resoundingly backed its embattled government over its tortuous negotiations with the Troika of the European Central Bank (ECB), the European Union (EU) and the International Monetary Fund (IMF). Greece is now back at the negotiating table, which may ease the terms of loan repayment and lighten the reforms demanded or it may lead to a Grexit.
Greece Caught In Death Spiral,
2015
Singapore Management University
Greece Caught In Death Spiral, Augustine H. H. Tan
Research Collection School Of Economics
The country is trapped between twin evils akin to the sea monsters Scylla and Charybdis that threatened Odysseus' voyage.
