Open Access. Powered by Scholars. Published by Universities.®

International Economics Commons

Open Access. Powered by Scholars. Published by Universities.®

Discipline
Institution
Keyword
Publication Year
Publication
Publication Type
File Type

Articles 1 - 30 of 2349

Full-Text Articles in International Economics

The Effect Of Inflation Targeting Policies On Dollarization-A Cross-Country Analysis, Dweepobotee Brahma Sep 2019

The Effect Of Inflation Targeting Policies On Dollarization-A Cross-Country Analysis, Dweepobotee Brahma

The Hilltop Review

This paper attempts to review the experiences of various dollarized economies from the adoption of an explicit inflation-targeting framework for domestic monetary policy. Dollarization is the phenomenon where agents in a country choose to use a foreign currency instead of their domestic currency. This often occurs in response to episodes of high inflation rate in the domestic economy. Central Banks of these countries often respond by adopting an inflation-targeting regime. This paper attempts to evaluate the effectiveness of such a policy by conducting a cross-country comparison. A panel dataset from 14 dollarized economies from 2001-2015, is used to compare between ...


The Origins Of The Jones Act Of Puerto Rico, Stephanie Mercedes Sep 2019

The Origins Of The Jones Act Of Puerto Rico, Stephanie Mercedes

All Dissertations, Theses, and Capstone Projects

After the Spanish-American War that ended in 1898, Puerto Rico was given to the United States by Spain as a war booty, becoming a US colony. The first law ever created by the United States to control Puerto Rico was the Foraker Act (also known as the Organic Act of 1900). This established a civilian government in Puerto Rico. It also extended the federal government rulings to the island. After its creation, the Puerto Rican population began to wonder what their political status was since nothing was concretized until the Jones Act was signed. The Merchant Marine Act of 1920 ...


The Oppressive Pressures Of Globalization And Neoliberalism On Mexican Maquiladora Garment Workers, Jenna Demeter Jul 2019

The Oppressive Pressures Of Globalization And Neoliberalism On Mexican Maquiladora Garment Workers, Jenna Demeter

Pursuit - The Journal of Undergraduate Research at the University of Tennessee

The international economic trends of globalization and neoliberalism have exposed and enabled the exploitation of Mexican workers, especially women in the maquiladora garment industry. During the 1950s, globalization gave rise to the new international division of labor and transnational corporations (TNCs) that have offshored labor-intensive phases of production to developing countries, many of which have pursued export-led industrialization. Export processing in Mexico was encouraged in the 1960s by Item 807 of the U.S. Tariff Code and Mexico’s Border Industrialization Program. Especially following the Latin American debt crisis of the 1980s, advanced capitalist countries and International Financial Institutions foisted ...


Becoming A Superpower: China’S Rise And The Belt And Road Initiative In Latin America, Garrett Bullock Jul 2019

Becoming A Superpower: China’S Rise And The Belt And Road Initiative In Latin America, Garrett Bullock

History Summer Fellows

Is China a Superpower? Will it become one? After half a century of establishing a strong international military presence, thriving economic growth, domestic/international political authority, and considerable cultural “soft power”, the PRC has emerged as a hegemon capable of competing in international geopolitics. Nevertheless, these questions remain unanswered. For this reason, this research explores what it means to be a superpower, whether China is or will be a superpower, and, importantly, what impact China’s rise has on the world. To do this, this research explores existing debates surrounding China’s current global status, the historical emergence of the ...


Local Environmental Quality And Inter-Jurisdictional Spillovers, John W. Hatfield, Katrina Kosec Jul 2019

Local Environmental Quality And Inter-Jurisdictional Spillovers, John W. Hatfield, Katrina Kosec

Katrina Kosec

We investigate the classic question of how the provision of a local publicly-provided good--air quality--varies with the degree of decentralization of policymaking. Exploiting exogenous variation in the natural topography of the United States to instrument for the number of local government jurisdictions in a metropolitan area, we show that areas with more jurisdictions have significantly lower air quality, and significantly higher concentrations of the toxic air pollutants most closely associated with cancer and non-cancer health risks. Moreover, we estimate that this increase in pollution lowers housing values by at least 3%. By contrast, local drinking water quality--a publicly-provided good not ...


Effect Of Oil Price Shock On Monetary Policy In Nigeria: A Vector Autoregressive Analysis, Ama Agyeiwaa Abokwah Jul 2019

Effect Of Oil Price Shock On Monetary Policy In Nigeria: A Vector Autoregressive Analysis, Ama Agyeiwaa Abokwah

International Journal of African Development

This paper examines the effects of oil price shocks on interest rate, real GDP and real effective exchange rate in Nigeria using a vector autoregressive (VAR) model. The results from the impulse response function suggests that positive oil price shocks have no effect on the interest rate (monetary policy), real exchange rate and real GDP. This result suggests that monetary policy in Nigeria does not respond to oil price shocks. Both the impulse response functions and variance decomposition analysis to a large extent confirmed that oil price shocks are only able to explain a small proportion of the forecast error ...


Intergovernmental Authority On Development And East African Community: Viability Of Merger, Andualem Zewdie Jul 2019

Intergovernmental Authority On Development And East African Community: Viability Of Merger, Andualem Zewdie

International Journal of African Development

Constituting a regional economic community has immense benefits to the societies within a given region. Regional Economic Communities (RECs) would play an inevitable role in increasing people to people interactions and gradually forging interdependence in different sectors, which used to limit government to government. Often, such bondage within given RECs among states in general and societies in particular paves the way to address the ills of the respective societies in a collaborative manner. In fact, it is plausible to argue that there is a conducive environment to constitute and build up RECs in the present globalizing world. Parallel to the ...


Opportunities And Challenges For Community-Based Ecotourism Development: The Case Of Alatish National Park, Northwest Ethiopia, Kassegn Berhanu Jul 2019

Opportunities And Challenges For Community-Based Ecotourism Development: The Case Of Alatish National Park, Northwest Ethiopia, Kassegn Berhanu

International Journal of African Development

Contrary to traditional forms of tourism such as mass tourism, ecotourism has widely been recognized as an economic diversification and developmental tool, and an appropriate approach for conservation of natural resources for destinations with tourism heritage possessions as it provides protection and economic incentives. The aim of this study is to assess opportunities and challenges for community-based ecotourism development. A mixed research approach was devised and a cross-sectional research design was used. Tools of primary data collection were questionnaires, focus group discussions, interviews and observation checklists. Secondary data were collected from related articles, research and documents obtained from offices. Quantitative ...


Nutrition And Trade Liberalization In Africa, Ismaelline Eba Nguema Jul 2019

Nutrition And Trade Liberalization In Africa, Ismaelline Eba Nguema

International Journal of African Development

Trade openness and nutrition are concepts that are closely related. Openness could contribute to an improvement in nutrition under only certain conditions. These include improved export earnings, ultimately the import capacity of the countries participating in the exchange, and maintaining a sufficient level of agricultural production. The objective of this article is to analyze the link between trade liberalization and nutrition in Africa.

Trade openness and nutrition are concepts that are closely related. Openness could contribute to an improvement in nutrition under only certain conditions. These include improved export earnings, ultimately the import capacity of the countries participating in the ...


Understanding Remittances In Eritrea: An Exploratory Study, Fikresus Amahazion Jul 2019

Understanding Remittances In Eritrea: An Exploratory Study, Fikresus Amahazion

International Journal of African Development

Migration has been characterized as a fundamental component of the human experience, and today there are several hundred million international migrants around the world. Although migrants leave their home country, they maintain links, particularly through remittances. Economic remittances supplement the domestic incomes of millions of poor families and are vital for many developing countries. This paper explores economic remittances into Eritrea, examining the particular trends, amounts received, and how remittances are generally consumed. Additionally, the paper explores general perceptions about remittances and their impact upon society in Eritrea. Based on interviews and focus group discussions with individuals and households across ...


Editorial Note, Sisay Asefa Jul 2019

Editorial Note, Sisay Asefa

International Journal of African Development

Chief Editor Sisay Asefa discusses the articles in Vol 5 n. 2 of the International Journal of African Development.


International Journal Of African Development, Vol. 5, Issue 2 Jul 2019

International Journal Of African Development, Vol. 5, Issue 2

International Journal of African Development

Complete issue of International Journal of African Development, Volume 5, Issue 2 - Spring 2019.


International Welfare Spillovers Of National Pension Schemes, James Staveley-O'Carroll, Olena Staveley-O'Carroll Jul 2019

International Welfare Spillovers Of National Pension Schemes, James Staveley-O'Carroll, Olena Staveley-O'Carroll

Economics Department Working Papers

We employ a two-country overlapping-generations model to explore the international dimension of household portfolio choices induced by the asymmetric provision of government-run pensions. We study the resulting patterns of risk-sharing and the corresponding welfare effects on both home and foreign agents. Introducing the defined benefits pay-as-you-go system at home increases the welfare of all other agents at the expense of the home workers and improves the degree of intergenerational risk sharing abroad. Conversely, a defined contributions system leads to welfare losses of both home cohorts accompanied by gains abroad, but does increase the extent of intergenerational risk sharing at home.


Factors Related To Depression Among Latina Immigrant Mothers, Dawn Browder, Kimberly A. Greder, Sedahlia Jasper Jun 2019

Factors Related To Depression Among Latina Immigrant Mothers, Dawn Browder, Kimberly A. Greder, Sedahlia Jasper

Kimberly A. Greder

Latinos account for 16.3 percent (50.5 million) of the total U.S. population, for more than half of the total growth of the U.S. population in the last decade (Humes, Jones, and Ramirez, 2011), and halting, and in some cases reversing, the gradual population decline in pockets of rural America (Kandel and Cromatie, 2004). However, as the Latino population has grown, so has the prevalence of poverty (21.5% in 2000; 26.6% in 2010) (DeNavas-Walt C, Proctor BD, and Smith, 2011) and food insecurity (21.8% in 2000; 26.2% in 2010) (Nord, Andrews and Carlson ...


Winning The War: Sanction Effectiveness And Consequences, Kevin Allen Jun 2019

Winning The War: Sanction Effectiveness And Consequences, Kevin Allen

Kevin Allen

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 ...


Global Value Chains And The Cptpp, Pao-Li Chang, Tran Bao Phuong Nguyen Jun 2019

Global Value Chains And The Cptpp, Pao-Li Chang, Tran Bao Phuong Nguyen

SMU Economics and Statistics Working Paper Series

The CPTPP, or the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, is an example of a “mega-regional” free trade agreement, whose provisions on the rules of origin and trade facilitation can have potentially large impacts on the CPTPP-wide supply chains. In this paper, we investigate whether the CPTPP members are key upstream and downstream trade partners to each other in the global value chains. We develop formulas of bilateral upstreamness and downstreamness, based on the gross-export decomposition framework of Koopman, Wang and Wei (2014) and Borin and Mancini (2017). We demonstrate how the decomposition of gross exports can be used ...


Impact Of Climate Change On Wildfire Across China, Based On Plot-Level Data From National Forest Inventory - June 2019, Shilei Liu, Jintao Xu Jun 2019

Impact Of Climate Change On Wildfire Across China, Based On Plot-Level Data From National Forest Inventory - June 2019, Shilei Liu, Jintao Xu

Forest Collaborative Research

Presentation focus on the impact of climate change on wildfires across China.


Economics Of Modern Plantation Forests In China - June 2019, Jintao Xu, Miaoying Shi Jun 2019

Economics Of Modern Plantation Forests In China - June 2019, Jintao Xu, Miaoying Shi

Forest Collaborative Research

Presentation focuses on eucalyptus forest development in Guangxi, China


The Shifting Dynamics Of International Reserve Currencies, Robert Righi Jun 2019

The Shifting Dynamics Of International Reserve Currencies, Robert Righi

Honors Theses

Throughout most of post World War II period, the United States dollar has been globally accepted as the dominant reserve currency. This dominance comes with “exorbitant privilege” or special benefits such as not having a balance of payments problem. Therefore, with the shifting of global geopolitical balance of power in the age of Trump, along with the recognition by the IMF of the Chinese renminbi as an international reserve currency in 2015, it is important to understand the modern influence of reserve currencies. We provide an updated study of the status of the dollar, the euro, and in particular, the ...


Global Value Chains And The Cptpp, Pao-Li Chang, Tran Bao Phuong Nguyen Jun 2019

Global Value Chains And The Cptpp, Pao-Li Chang, Tran Bao Phuong Nguyen

Research Collection School Of Economics

The CPTPP, or the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, is an example of a “mega-regional” free trade agreement, whose provisions on the rules of origin and trade facilitation can have potentially large impacts on the CPTPP-wide supply chains. In this paper, we investigate whether the CPTPP members are key upstream and downstream trade partners to each other in the global value chains. We develop formulas of bilateral upstreamness and downstreamness, based on the gross-export decomposition framework of Koopman, Wang and Wei (2014) and Borin and Mancini (2017). We demonstrate how the decomposition of gross exports can be used ...


Public Authority And Private Prisons: How Private Prison Labor Contributes To National Employment Precarity, Kaitlyn Oder May 2019

Public Authority And Private Prisons: How Private Prison Labor Contributes To National Employment Precarity, Kaitlyn Oder

International Political Economy Theses

Private uses of prison labor are illegal internationally, and not without reason. A lack of public oversight and regulations of wages mean that prison labor is often exploited in exchange for increased profitability for private prisons and sometimes the private companies they contract with. This paper will explicate the ways in which private uses of prison labor contribute to wage and employment precarity and ultimately cost numerous non incarcerated low wage individuals in the United States their jobs and livelihoods. It offers potential policy solutions and paths forward for new research to better link the sociological and economic considerations of ...


Empowering Female Entrepreneurs Through Mentorship In Medellin, Colombia: Results From The Field, Theresa Solenski May 2019

Empowering Female Entrepreneurs Through Mentorship In Medellin, Colombia: Results From The Field, Theresa Solenski

Master's Theses

Utilizing the power of local knowledge and peer networking, this study attempts to quantify the impacts of mentorship among female micro-entrepreneurs in Medellin, Colombia on empowerment. Developing countries such as Colombia have disproportionately high rates of unprofitable micro-businesses, many of which are managed by women. Internal constraints, such as disempowerment, play a central role in perpetuating poverty. We implement a 6-month mentoring intervention by pairing 18 successful entrepreneurs with 52 disadvantaged female, micro-entrepreneurs in Medellin, Colombia to measure the additional benefit of localized knowledge to micro-borrowers. Using a process of random assignment, I measure the change in female empowerment, measured ...


The Long-Run Effects Of Tropical Cyclones On Infant Mortality, Isabel Miranda May 2019

The Long-Run Effects Of Tropical Cyclones On Infant Mortality, Isabel Miranda

Master's Theses

In the United States alone, each tropical cyclone causes an average of $14.6 billion worth of damages. In addition to the destruction of physical infrastructure, natural disasters also negatively impact human capital formation. These losses are often more difficult to observe, and therefore, are over looked when quantifying the true costs of natural disasters. One particular effect is an increase in infant mortality rates, an important indicator of a country’s general socioeconomic level. This paper utilizes a model created by Anttila-Hughes and Hsiang, that takes advantage of annual variation in tropical cyclones using annual spatial average maximum wind ...


Are Menstrual Cycles A Biological Determinant Of Well-Being Amongst Sierra Leonean Schoolchildren?, Ashwini Shridhar May 2019

Are Menstrual Cycles A Biological Determinant Of Well-Being Amongst Sierra Leonean Schoolchildren?, Ashwini Shridhar

Master's Theses

The influence of hormones and biology on behavior is a topic that is rife with controversy, especially when it comes to sexual hormones. There is even more murkiness when it comes to the topic of menstruation and knowledge about women’s menstrual cycles. Recent research on this topic have seen a link between the hormonal fluctuations during menstrual cycles and various behavioral implications on competition, cooperation, and risk behavior. This study tries to expand existing knowledge by examining whether there is a link between hormonal fluctuations during menstrual cycles and risk preferential behavior using economic experiments in the largely understudied ...


The Impact Of 2018 Tariffs On U.S. Trade Values Across Relevant Categories, Lydia Murray May 2019

The Impact Of 2018 Tariffs On U.S. Trade Values Across Relevant Categories, Lydia Murray

Undergraduate Economic Review

The Office of the United States Trade Representative, under the direction of President Donald Trump, has implemented protectionist tariffs to an extent not seen in the past several decades. This paper explores data from the U.S. Census Bureau to analyze how the values of U.S. imports and exports have differed from what would have been expected for 2018 in the absence of tariffs. This is done by using past years’ data to create a predictive curve for 2018 trade values across several different product categories, which have been subject to tariffs. The general finding of this paper is ...


Demystifying Poverty In Tourism: Looking Into Pro-Poor Tourism In India, Sara Burke May 2019

Demystifying Poverty In Tourism: Looking Into Pro-Poor Tourism In India, Sara Burke

International Political Economy Theses

Poverty and tourism have a unique relationship; poverty can serve as a form of tourism or poverty can create barriers that hinder the development of the tourism sector. There is no better example of the complicated interplay between poverty and tourism than India. The use of Pro-Poor Tourism (PPT) as a methodological lense that can be applied to any form of tourism shows howthe poor can benefit from the sector. This International Political Economy thesis is broken into three parts: a context section, a case study, and a policy proposal. The first part will focus on Pro-Poor Tourism in an ...


Utilizing Blockchain Trade Finance To Promote Financial Inclusion, Bryce Ciccaglione May 2019

Utilizing Blockchain Trade Finance To Promote Financial Inclusion, Bryce Ciccaglione

Honors Scholar Theses

This paper examines the use of blockchain, or distributed ledger, technology for the potential supplantation of the antiquated process of international trade financing. Using the technology for this purpose has the potential to narrow the enormous gap in unmet demand for trade finance experienced by small-and medium-sized enterprises in the developing world. The current process of trade finance is still paper-based and relies heavily on manual labor. After the 2008 Global Financial Crisis, banks became restrictive in their lending, especially to small-and medium-sized enterprises in developing countries, leading to the aforementioned trade finance gap. Blockchain technology could narrow this gap ...


Essays On Convex Weighting For Global Vector Autoregressive Models, Garrison Leach May 2019

Essays On Convex Weighting For Global Vector Autoregressive Models, Garrison Leach

Economics Theses and Dissertations

This dissertation focuses on studying the impact that weighting schemes can have on forecasting performance and dynamic analysis in global vector autoregressive (GVAR) models. The first chapter discusses an existing gap in the literature regarding weighting scheme choice and develops a simple, yet powerful method for defining richer spatial linkages in a way that doesn’t sacrifice economic context. The new technique called convex weighting, extends the set of available options for defining spatial linkages in models that handle the curse of dimensionality via compression and offers a justifiable approach to alleviating uncertainty. The second and third chapters apply the ...


Toward A More Universal Currency: The Impact Of The Clearing Mechanism On Developing Economies, Evan Ross Kaderbeck May 2019

Toward A More Universal Currency: The Impact Of The Clearing Mechanism On Developing Economies, Evan Ross Kaderbeck

Applied Economics Theses

Toward a More Universal Currency:

The Impact of the Clearing Mechanism on Developing Economies

As part of a broader plan to reform the system of international finance, experts have indicated the need to modify the system of international money. They point to problems such as the difficulties faced by developing countries in obtaining hard currency needed for imports, or the flows of hot money which make the financing of long-term development projects difficult. Some have called for a form of universal currency, used only in international trade. Developing nations especially need access to a clearing mechanism which would eliminate the ...


Labor Market Policies And Women’S Labor Market Activity In The United States And Germany, Brianna Repke May 2019

Labor Market Policies And Women’S Labor Market Activity In The United States And Germany, Brianna Repke

Senior Honors Projects

In terms of per capita Gross Domestic Product (GDP) and many other measures, the United States and Germany are both economic leaders in the global world. However, gender gaps persist in the labor markets of both countries. This paper examines these gender gaps and various labor market policies that are intended to reduce them. The policies examined include gender equality policies and family-oriented policies in the two countries. Over the last few decades, most of the OECD (Organisation for Economic Co-operation and Development) countries have experienced low and decreasing birth rates. In response, several countries have introduced parental leave regulations ...