Economic Policy Commons^™

The Effect Of Fiscal And Monetary Policy On Public Debt In Egypt, Malak Mohamed

Theses and Dissertations

The thesis aims to examine the effect of monetary policies and fiscal policies on public debt in Egypt during the period from 2006 until 2021. Egypt is witnessing aggravated levels of debt, with limited fiscal and monetary space. Therefore, the objective of the paper is to analyze the effect of discount rates, inflation rates, subsidies, taxes and economic growth on debt-to-GDP in Egypt using a VAR model with an extended test of Impulse Response Function. The results suggest that a positive shock in government expenditures initially decreases public debt but leads to a fluctuating increase in the debt-to-GDP ratio in …

Assessing The Effects Of Climate Change On Vulnerability To Poverty: The Case Of Heat Waves And Construction Workers In Egypt, Rachad Bani Samari

Theses and Dissertations

“Doomsday, humanity’s extinction, the end of days”. Apocalyptic adjectives abound to highlight the danger looming over the planet, as the earth is warming up due to global warming and climate change. The picture painted over the canvas has consistently projected a gloomy image of low-income countries and of the poor. As the earth is gently boiling with heat, low-income groups in the Global South are predicted to be most affected. However, most of such warnings and studies focused on sectors directly dependent on suitable weather conditions such as agriculture, and sea tourism. While the climatic phenomena of heat waves may …

Policy Frameworks And Citizens’ Use Of Fintech Solutions: The Pros And Cons In Egypt, Salma Al-Mohamady

Theses and Dissertations

This thesis provides a comprehensive analysis of the significant influence of financial technology (FinTech) on the banking industry, consumer finance, and economic growth. It specifically concentrates on the swiftly changing FinTech environment in Egypt. The study investigates the impact of incorporating advanced technologies on worldwide financial practices, which has significantly transformed traditional banking models and facilitated the emergence of inventive financial services. The transition is clearly apparent in Egypt, where the expansion of FinTech has been driven by advances in regulations, adaptation to technology, and a population that is becoming more comfortable with digital solutions.

Using a combination of quantitative …

Foreign Direct Investment And Forest Land: A Sectoral Investigation, Nadia Doytch, Ayesha Ashraf, Canh Phuc Nguyen

Ateneo School of Government Publications

This is a study of the effects of sectoral FDI inflows on the rates of change of forest land and the ecological footprint of economic activity measured in forest land. We test the “FDI ecological halo” hypothesis (Doytch, 2020) for nine distinct sectoral FDI inflows, including agricultural FDI, mining FDI, manufacturing FDI, construction FDI, financial FDI, transport FDI, tourism FDI, communications FDI, and trade services FDI, in addition to total FDI, using a global sample of countries and a GMM econometric approach. We find that one percentage increase (% GDP) in agricultural FDI, mining FDI, manufacturing FDI, and construction FDI …

Strategic Pathways To Minimal Deterrence And Counter-Terrorism: Enhancing Brunei’S Defense Capabilities, Brice Tseen Fu Lee, Filip Komšić, Juan Pablo Sims

Journal of Terrorism Studies

This paper explores the strategic enhancement of Brunei’s military capabilities under the guidelines of the Brunei Defense White Paper 2021, focusing on establishing a robust minimal level deterrence. It emphasizes transitioning from conventional defense paradigms to an integrated, technologically advanced military structure tailored to contemporary and future security challenges. The significance of minimal level deterrence is analyzed, illustrating how a proportionate and efficient military force not only deters potential aggressors but also supports counter-terrorism efforts. This approach underscores the dual benefits of ensuring national security while facilitating economic stability and growth, allowing Brunei to allocate resources more effectively between defense …

Dollarization Dynamics In Ecuador And Argentina: Assessing Its Viability And Success As A Remedy For Weak Latin American Economies, Margarita Maria Fernandez Pereira

Senior Theses

The history of currency reflects political histories, the shifting currents of the global market, and the enduring legacies of previous governments, offering a compelling narrative of a nation’s economic evolution deeply entwined with broader historical forces. Many contemporary nations are faced with the decision to replace their currencies with those of another country. In the face of economic and political instability, adopting another currency can influence the national wealth and its position in the global market. This thesis explores dollarization as an economic strategy, examining its viability and success, particularly in weak Latin American economies. The paper navigates Ecuador and …

Essays On The Application And Improvement Of The Geographical Economics Models To Policy Analysis: The Case Of Road Infrastructure In Central America, Ignacio Penagos

Economics Theses and Dissertations

The novel models of Geographical Economy have analyzed the effects on the distribution of economic activity over the area of a given region, generated by different socio-economic shocks. For example, the costs of migrating from one place to another, as shown in Desmet et al. (2018). A key advantage of such models is that, given the structural definition of the market interactions, they can first create counterfactual scenarios based on the economic fundamentals. And second, a broad set of variables can account for that impact. These dynamic spatial general equilibrium models embody features such as measures for amenities, trade and …

Emotion Regulation Strategies And Perceived Emotional Intelligence: The Effect Of Age., Iwanna Sepiadou

Adultspan Journal

The aim of this study was to investigate the relationship between perceived emotional intelligence and the reported use of cognitive reappraisal and expressive suppression. We also investigated the possible effects of age on the aforementioned variables. The total sample consisted of 379 people (158 men, 220 women, 1 unreported). Across participants, 273 were young (20-39 years old) and 106 were middle-aged (40-65 years old). We found statistically significant positive correlations between the dimensions of perceived emotional intelligence and the reported use of cognitive reappraisal and negative primarily correlations between the dimensions of perceived emotional intelligence and the reported use of …

Reaping What You Subsidize: A Comprehensive Review Of Outcomes From Crop Subsidies In The United States, Sawyer J. Knox

Economics Undergraduate Honors Theses

The motivation for researching this topic comes from an interest in public policy and public health. In this paper, we will examine the impact of farm subsidies on the health of citizens, look at who benefits financially and economically from these subsidies, and examine the environmental impact of these programs. The paper will be structured as follows: Section II, the wealth distribution results from farm subsidies; Section III, the disproportionate impacts on health from farm subsidies; Section IV, the impact on global economies from farm subsidies; Section V, the environmental impact from farm subsidies; and Section VI, conclusions and policy …

Risk Perception, Dread, And The Value Of Statistical Life: Evidence From Occupational Fatalities, Perry Singleton

Center for Policy Research

In a model of occupational safety, biased perceptions of risk decrease welfare, which may justify government regulation. Bias is examined empirically by the correlation between subjective and objective risk, the former measured by self-reported exposure to death on the job. The correlation is negligible among workers with no high school diploma, consistent with underestimating risk in more dangerous occupations, and strongest among more educated workers when objective risk is specific to harmful and noxious substances, which in psychological studies rank high in dread. Biased perceptions of risk may also lead to biased estimates of value of statistical life. VSL estimates …

Government Program Decision Analysis In Nebraska At The Farm Level, Tatum R. Brunkow

Department of Agricultural Economics: Dissertations, Theses, and Student Research

The one-year extension of the 2018 Farm Bill until September 30, 2024, has extended several government programs for the 2024 crop year including those in Title I: Commodities. This analysis looks at three different financial scenarios and analyzes five different alternatives for a case farm to select the optimal farm program decision for the operation by evaluating net farm income. Since 2021, eligible producers have been able to elect either Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) for their operation on an annual basis. Support levels for these programs are trending close together making the election decision more …

A Red Awakening: An Analysis Of China’S Quest For Global Dominance Through Economic Alternative Warfare Methods, Sarah Beddingfield

Senior Honors Theses

In the 2023 annual meeting of China’s parliament, Chinese President Xi made it clear to his political leaders and the world that he was preparing for war. This should come as no surprise after analysis of China's grand strategy points clearly to the intent to surpass the U.S. as the premier global superpower in all respects. China has been building towards this goal for years through untraditional methods of warfare, forcing the national security community to reevaluate its own strategy and assess the Chinese threat through a different lens. This thesis seeks to address one specific area in which China …

Roger Altman’S 2008 Public Policy Analysis: At Fault Without The Blame, Isaac Deak

Helm's School of Government Conference - American Revival: Citizenship & Virtue

Roger Altman published “Globalism in Retreat” in 2009, in which he offers analysis of the 2008 financial crisis, blaming free-markets and globalism as causes of the calamity, only to praise China’s “state-capitalism”, which he believes allowed the Chinese to emerge ahead of the globalists in recovery. This article, despite its age, provides a timeless example of a dangerous tendency in public policy. It demonstrates how policymakers can implement deleterious policies which result in inevitable crisis, and then, they subsequently escape blame by explaining away the crisis with bad analysis and even worse policy suggestions for the future. Policy suggestions, in …

Rethinking Supply Chains: Mitigating The Risk Of Chinese Dependence And Protecting Us Semiconductor Intellectual Property, Jamison Finnamore

Helm's School of Government Conference - American Revival: Citizenship & Virtue

This paper explores the complex economic interdependence between the US, China, and Taiwan, specifically in the semiconductor industry. China’s increased aggression and intellectual property (IP) theft threatens to unbalance the iron triangle of US, China, and Taiwan trade relations. The problem overview elaborates on Taiwan’s crucial role in the semiconductor supply chain, and China’s threat against it. The argument is made that the US must take a nuanced and multifaceted approach to solving the diplomatic, economic, and military policy problem. Criteria for success are outlined, emphasizing the need to address root causes and not compromise US commitment to a free …

Upholding Liberty And Justice Through The Virtue Of Citizen Volunteerism, David W. Bolton

Helm's School of Government Conference - American Revival: Citizenship & Virtue

Alexis de Tocqueville observed that colonial Americans were preoccupied with civic duty, and he spoke to the beneficial power of early American volunteer associations which did not rely on government solutions. Colonial Americans resolved immediate communal needs through volunteerism and charity via civic and religious organizations. From de Tocqueville’s perspective, an essential element of being a good citizen was contributing to your community through volunteerism and charity. State and federal government overreach could be avoided by resolving local issues locally. The true nature of citizenship was to ensure liberty and justice through voluntary, philanthropic efforts and avoiding the mandated funding …

Unmasking The Holder Of The Purse Strings: Countering Chinese Economic Coercion In The Indo-Pacific, Rachel L. Davis

Senior Honors Theses

The Indo-Pacific is a key focal point of U.S.-China competition due to its geographical, economic, and military significance. China is using political warfare to achieve its strategic goals in the region, influencing other nations to align with its interests. Economic coercion is a key tool of this warfare. This is evident in the Pacific Islands, among America’s treaty allies, in Southeast Asia, and in South Asia. To prove itself the superior partner, maintain access to key points of land, and keep the Indo-Pacific open for trade, the U.S. must counter China’s activities. This can be achieved via a stronger economic …

Apprenticeships In The Mountain West, Fy2023, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data on apprenticeships for the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. The original dataset from the U.S. Department of Labor includes data on all 50 states as well as U.S. territories. This fact sheet examines the number of apprenticeships, the average and median hourly wages, the education level of those in apprenticeships, the union status, and the industries that support apprenticeships in each Mountain West state.

How Much Does It Cost To Operate Tiny Home Villages For People Experiencing Homelessness, Celeste Benitez, Cooper Conway, Declan Maddern

School of Public Policy Capstones

Los Angeles is in a homelessness crisis. Millions of dollars are poured into preventing its causes and curtailing the increased medical costs and crime rates that stem from it. The solutions vary, but one new solution in the form of tiny home villages hopes to provide a cheap and effective way to get people experiencing homelessness off the streets.

In 2021, Los Angeles began opening tiny home villages, also referred to as cabin communities, for unhoused people during the COVID-19 pandemic. There are currently 11 tiny home villages in Los Angeles, operated in a joint effort between the government and …

Green Transition And Financial Stability: The Role Of Green Monetary And Macroprudential Policies And Vouchers, Ying Tung Chan, Maria Teresa Punzi, Hong Zhao

Sim Kee Boon Institute for Financial Economics

This paper analyzes a mix of alternative policies in supporting the green transition and the phase-out of fossil fuels, without compromising financial stability. An environmental dynamic stochastic general equilibrium (E-DSGE) model with two sectors (green and brown) and endogenous default is developed to assess potential climate-induced financial stability threats that can be mainly generated through physical and transition risks mechanism. Those risks are evaluated through a compound capital depreciation shock and a carbon tax shock. The paper offers several findings. First of all, a too stringent carbon tax would increase the medium-term default rate in both sectors, harming financial stability …

The Safety Net Should Work For Working Age Adults, Lauren Bauer

Brookings Scholar Lecture Series

This lecture focuses attention on a population that is ill-served by the safety net but rarely acknowledged: low-income, working-age adults without dependents or government-determined disabilities. In this lecture, Brookings Scholar Lauren Bauer, a former Special Assistant in the Office of the Secretary at the US Department of Education, argues that a safety net that is inaccessible to ABAWDs (able-bodied adults without dependents) fails to recognize the precarious state of the low-wage labor market or how safety-net programs allow these workers to remain in the workforce. By modernizing the parameters of who qualifies for access to safety-net programs, assistance can be …