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The World Economy In 2014, Singapore Management University 2014 Singapore Management University

The World Economy In 2014, Singapore Management University

Perspectives@SMU

The U.S., European Union, and China have their own battles to fight


A Form In The Road: U.S. Foreign Policy And The Path Toward Globalization In The Middle East, 1945-2014, Joshua P. Brotka 2014 State University of New York, Buffalo State College

A Form In The Road: U.S. Foreign Policy And The Path Toward Globalization In The Middle East, 1945-2014, Joshua P. Brotka

History Theses

This thesis examines the history of U.S. foreign policy in the Middle East since 1945. From the start of the Cold War immediately following the conclusion of WWII and up to the present day (2014), U.S. policy has been subject to many revisions and simultaneously, upheld national security measures. As the world heads toward an era where globalization is most prevalent, the United States will have to make drastic decisions regarding its foreign policy in the Middle East. Its alliance with Israel, oil interests, Islamic fundamentalism, an evolving Muslim society, and supporting a national security agenda has forced the United …


The Political History Of Sugarcane-Based Ethanol In Brazil, Joshua Gagner 2014 Bemidji State University

The Political History Of Sugarcane-Based Ethanol In Brazil, Joshua Gagner

Political Science Theses and Capstones

With the Middle East putting an embargo on oil in 1973, oil prices ascended to levels that made importation of oil expensive. Brazil also faced another issue with sugar prices going down in 1973, putting much of their sugar supply on reserve. Brazil’s military government then made a decision to adopt the sugarcane-based ethanol program, Pro-Alcool. Pro-Alcool’s goal was to produce an alternative energy source to gasoline and take pressure off of oil importation. While initially intended to be a short-term fix, a second oil strike in 1979 pushed Pro-Alcool to higher levels. Oil industries were initially opposed to ethanol …


The Viability Of Mercosur In The Face Of The Euro Crisis, Philip A. Murry 2014 University of Arkansas, Fayetteville

The Viability Of Mercosur In The Face Of The Euro Crisis, Philip A. Murry

Economics Undergraduate Honors Theses

This research examines the successes and challenges of the European Union, especially in the face of the crisis of 2008 and 2009. Based on the current structures of the European Union and Mercosur, this paper looks to assess the viability of further integration of Mercosur using the evolution of the European Union as a model of reference. Analysis of key economic measures provides the framework for assessment, with a special focus on the asymmetries between member countries within Mercosur. Differences in debt-to-GDP ratios, regional trade levels, and exchange rate fluctuations are the primary indicators used to provide policy recommendations for …


Transnational Organized Crime And The Illegal Wildlife Trade Global Ties And Global Crime, Zachariah Edward Long 2014 Old Dominion University

Transnational Organized Crime And The Illegal Wildlife Trade Global Ties And Global Crime, Zachariah Edward Long

Graduate Program in International Studies Theses & Dissertations

World biodiversity is faced with many different threats in today's globalized world. One such threat is the emergence of transnational organized crime in the illegal wildlife trade. But why would transnational organized crime which is traditionally associated with such crimes like illegal drugs, weapons, and human trafficking be interested in the illegal wildlife trade? This thesis seeks to explore why transnational organized crime as a rational business actor would it be interested in participating in the illegal wildlife trade. To explore this relationship, this thesis will look at several different variables. First the economic conditions oflocals living with wildlife and …


Spreading The Char: The Importance Of Local Compatibility In The Diffusion Of Biochar Systems To The Smallholder Agriculture Community Context, Laura C. V. Munoz 2014 Pomona College

Spreading The Char: The Importance Of Local Compatibility In The Diffusion Of Biochar Systems To The Smallholder Agriculture Community Context, Laura C. V. Munoz

Pomona Senior Theses

This thesis enters the context of smallholder agriculture communities in the developing world. It explores the potentials of biochar and what biochar systems could bring to the smallholder communities while simultaneously bringing environmental benefits. It then acknowledges the challenges of diffusion –the spreading of an unfamiliar innovation. It seeks to answer the question of what will make diffusion of biochar systems more successful in the smallholder context, fixating on the characteristic of compatibility as well as the role local community members can play in making a new biochar system more visible to the rest of the communities.


The Effect Of Macroeconomic Conditions On Applications To Supplemental Security Income, Ke Xu 2014 Syracuse University

The Effect Of Macroeconomic Conditions On Applications To Supplemental Security Income, Ke Xu

Renée Crown University Honors Thesis Projects - All

This study examines whether macroeconomic conditions affect applications to the Supplemental Security Income program. Specifically, we focus on the impact of unemployment rate on under age 18 applications. Using data from 2002 through 2012, we found that a higher unemployment rate is associated with an increased intention to apply for Supplemental Security Income benefits for both disabled adults and children. However, the effect is much higher for adults. These findings suggest that under age 18 applications of Supplemental Security Income is sensitive to the macroeconomic conditions.


Pigeonpea: Alleviating The Poverty Cycle Sustainable Agriculture And Economic Development, Natalie Lipkowitz, Courtney Harding, Lucas Westcott 2014 College of Business and Economics, Boise State University

Pigeonpea: Alleviating The Poverty Cycle Sustainable Agriculture And Economic Development, Natalie Lipkowitz, Courtney Harding, Lucas Westcott

College of Business and Economics Presentations

Guatemala is the most malnourished nation-state in the Western hemisphere and considered a developing nation. The Guatemalan government and nonprofit organization Semilla Nueva are inquiring into what solutions, if any, can impact economic development through sustainable agriculture. This article will analyze the pigeon pea crop, considered a highly nutritious supplemental crop that can be planted between current cash crops maize and sesame for a nominal cost. Simultaneously, India is in high demand of the pigeon pea in its processed form dal, which is widely used in the Indian diet, as its citizens become less impoverished and increase the frequency and …


Mexico Consensus Economic Forecast, Volume 17, Number 2, Thomas M. Fullerton Jr., Adam G. Walke 2014 University of Texas at El Paso

Mexico Consensus Economic Forecast, Volume 17, Number 2, Thomas M. Fullerton Jr., Adam G. Walke

Departmental Papers (E & F)

No abstract provided.


Economic Voting, Sociotropic Vs. Checkbook: Cases From Greece And Germany, Matthew Coen-Tuff 2014 Bemidji State University

Economic Voting, Sociotropic Vs. Checkbook: Cases From Greece And Germany, Matthew Coen-Tuff

Political Science Theses and Capstones

Economic voting, the theory that when the economy is good the party in control gains support and when the economy is bad the party in power suffers. This is a simplistic definition and economic voting is so much more. In this paper I seek to prove how economic voting can be broken down into two categories, sociotropic and checkbook. I do this by looking at two countries in very different situation. Greece is a country going through economic turmoil and is constantly changing which party is in control of the government. It has been suffering especially hard from a debt …


Energizing Europe: The Geopolitics Of Energy Security And Energy Diversification In The European Union, Gabriel Alfredo Uribe 2014 SIT Study Abroad

Energizing Europe: The Geopolitics Of Energy Security And Energy Diversification In The European Union, Gabriel Alfredo Uribe

Independent Study Project (ISP) Collection

Europe has always had an interesting relationship with Russia, be it social, political, or economic. From the days of the Cold War, when there was the ideological battle of communism versus capitalism, with the alliance of NATO representing a front against the Iron Curtain, certain remnants of this dynamic have still survived. Russia has not always had the best of relations with the European Union (EU), which has not made it easy for the EU to have fully functioning foreign relations with them. This is problematic specifically because of the importance that Russia has on EU energy security, as it …


Externalities Of The Transatlantic Trade And Investment Partnership: Effects On Emerging Economies And The Developing World, Eric Stroiman 2014 SIT Study Abroad

Externalities Of The Transatlantic Trade And Investment Partnership: Effects On Emerging Economies And The Developing World, Eric Stroiman

Independent Study Project (ISP) Collection

The process of globalization and the liberalization of the global trade regime has become an integral part of the modern political and economic landscape. The Transatlantic Trade and Investment Partnership (TTIP) currently being negotiated between the United States and the European Union has the potential to be the most impactful free trade agreement of the 21st century as these blocks represent the two largest economies in the world. This paper analyzes the conceivable effects of this agreement on the uninvolved emerging economies and developing countries of the world. The two main theories on the outcome heavily involve the fate …


Living With The Trilemma Constraint: Relative Trilemma Policy Divergence, Crises, And Output Losses For Developing Countries, Joshua Aizenman, Hiro Ito 2014 University of Southern California

Living With The Trilemma Constraint: Relative Trilemma Policy Divergence, Crises, And Output Losses For Developing Countries, Joshua Aizenman, Hiro Ito

Economics Faculty Publications and Presentations

This paper investigates the potential impacts of the degree of divergence in open macroeconomic policies in the context of the trilemma hypothesis. Using an index that measures the relative policy divergence among the three trilemma policy choices, namely monetary independence, exchange rate stability, and financial openness, we find that emerging market countries have adopted trilemma policy combinations with the least degree of relative policy divergence in the last fifteen years. We find that a developing or emerging market country with a higher degree of relative policy divergence is more likely to experience a currency or debt crisis. However, a developing …


A Laplace Stochastic Frontier Model, William C. Horrace, Christopher F. Parmeter 2014 Syracuse University

A Laplace Stochastic Frontier Model, William C. Horrace, Christopher F. Parmeter

Center for Policy Research

We propose a Laplace stochastic frontier model as an alternative to the traditional model with normal errors. An interesting feature of the Laplace model is that the distribution of inefficiency conditional on the composed error is constant for positive values of the composed error, but varies for negative values. Therefore, it may be ideally suited for analyzing industries with many forms on or close to the efficient frontier. A simulation study suggests that the model performs well relative to the normal-exponential model when the two-sided error is misspecified. A brief application to US Airlines is provided.


State Of The U.S. Ocean And Coastal Economies 2014, Judith T. Kildow, Charles S. Colgan, Jason D. Scorse, Pat Johnston, Matt Nichols 2014 NOEP

State Of The U.S. Ocean And Coastal Economies 2014, Judith T. Kildow, Charles S. Colgan, Jason D. Scorse, Pat Johnston, Matt Nichols

Publications

The nation's coasts and oceans contribute much to the United States economy. For the past 14 years, the National Ocean Economics Program (NOEP), now a program of the Center for the Blue Economy at the Monterey Institute of International Studies, has compiled time-series data that track economic activities, demographics, ports and cargo volume and value, natural resource production and value, non-market values, and federal expenditures in the U.S. coastal zone both on land and in the water. A report on the ocean and coastal economies of the United States was released by NOEP in 2009 covering data through 2005. The …


An Analysis Of Risk-Taking Behavior For Public Defined Benefit Pension Plans, Nancy Mohan, Ting Zhang 2014 University of Dayton

An Analysis Of Risk-Taking Behavior For Public Defined Benefit Pension Plans, Nancy Mohan, Ting Zhang

Economics and Finance Faculty Publications

This paper presents the first comprehensive study on the determinants of public pension fund investment risk and reports several new important findings. Unlike private pension plans, public funds undertake more risk if they are underfunded and have lower investment returns in the previous years, consistent with the risk transfer hypothesis. Furthermore, pension funds in states facing fiscal constraints allocate more assets to equity and have higher betas. There also appears to be a herding effect in that CalPERS equity allocation or beta is mimicked by other pension funds. Finally, our results suggest that government accounting standards strongly affect pension fund …


International Migration And Economic Development Of Global Metropolitan Areas, Neil Ruiz 2014 Brookings Mountain West

International Migration And Economic Development Of Global Metropolitan Areas, Neil Ruiz

Brookings Scholar Lecture Series

International migration is a global and local development issue. Migrants across international borders are transformative agents with economic, social, and political ties to origins and destinations. Migrants are the agents that link local economies through global flows of knowledge, trade, capital, and production. Through their networks, international migrants serve as valuable bridges between U.S. metropolitan areas and regional economies in other countries, and can facilitate trade networks through exports, imports, or the circulation of knowledge and the production process.


History, External Influence And Political Volatility In The Central African Republic (Car), Henry Kam Kah 2014 University of Buea, Cameroon

History, External Influence And Political Volatility In The Central African Republic (Car), Henry Kam Kah

Journal for the Advancement of Developing Economies

This paper examines the complex involvement of neighbours and other states in the leadership or political crisis in the CAR through a content analysis. It further discusses the repercussions of this on the unity and leadership of the country. The CAR has, for a long time, been embroiled in a crisis that has impeded the unity of the country. It is a failed state in Africa to say the least, and the involvement of neighbouring and other states in the crisis in one way or the other has compounded the multifarious problems of this country. Some of these states have …


Foreign Direct Investment And Total Factor Productivity In The Mining Sector: The Case Of Chile, Prince Stanislas Ilboudo 2014 Connecticut College

Foreign Direct Investment And Total Factor Productivity In The Mining Sector: The Case Of Chile, Prince Stanislas Ilboudo

Economics Honors Papers

This thesis investigates the impact of Foreign Direct Investment (FDI) on the Total Factor Productivity (TFP) in the Mining Sector of Chile. We use the Solow model and developed a Cobb-Douglas production function to estimate total output as a function of labor, capital and productivity. Hence, TFP is the portion of output that is not attributed to labor or capital and it is derived as the Solow ‘residual’. We estimate the capital variable as a function of capital stock corrected for depreciation and utilization rate. We derive the labor variable as a function of hours worked corrected for quality (education …


An Analysis Of A High School Dropout In The United States, Matthew Walsh 2014 Bryant University

An Analysis Of A High School Dropout In The United States, Matthew Walsh

Empirical Economic Bulletin, An Undergraduate Journal

The study explores the socioeconomic factors that lead to a student dropping out of high school. Unlike other papers this study focuses on the whole United States and the three primary ethnic groups within the country. Data from the National Center for Education Statistics, is used to investigate the crisis facing the future of the American economy across all fifty states. The results show that socioeconomic differences are predictive in the probability of a high school student dropping out prior to graduation


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