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Economic development

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Full-Text Articles in International Economics

21st Century Chinese Art Market Boom, Ayca Deniz Ergin Jan 2018

21st Century Chinese Art Market Boom, Ayca Deniz Ergin

Summer Program for Undergraduate Research (SPUR)

This research paper provides a detailed analysis of how China has become the fastest growing art market around the world. How did the economic development in China led the country to the top in recent years, in contrast to its Western competitors? What is China’s role in the global art market scene? What changes have been made, in a socialist system, to accommodate foreign investors and what future changes should be made to sustain its growth?

Through focusing on the correlation between economic growth and art market expansions, this research develops the relationship through referencing various quantitative and qualitative ...


Disaster And Recovery: The Effects Of Post-Disaster Aid On Economic Development, Joshua M. Drouin Nov 2017

Disaster And Recovery: The Effects Of Post-Disaster Aid On Economic Development, Joshua M. Drouin

Steeplechase: An ORCA Student Journal

The effects of aid on economic development is topic typically studied from the perspective of corruption and allocative efficiency. We examine aid to less developed nations from a different viewpoint; assuming aid reaches the intended recipients, does it actually benefit them? We utilize Indonesia and the 2004 earthquake and tsunami as a natural experiment to observe the influx of aid, and compare the regions development before and after the disaster. By establishing a baseline before the disaster, and utilizing a new start point after the destruction, we can gauge the reconstruction efforts and observe whether aid is beneficial or harmful ...


The Effectiveness Of Public Development Banks: Designing Good Impact Evaluations, Alessandro Maffioli, Cesar M. Rodriguez Jul 2017

The Effectiveness Of Public Development Banks: Designing Good Impact Evaluations, Alessandro Maffioli, Cesar M. Rodriguez

Cesar M. Rodriguez

PDB programs have become a fundamental ingredient of productive development policy strategies in most emerging economies. Although the overall need for these interventions is rarely questioned, academics and policymakers often debate their effectiveness, as well as the optimal approaches and instruments necessary to implement them. Therefore, the need to produce rigorous evaluations of PDBs has become increasingly relevant for both government and civil society (see Chapter 2). This chapter presents the main concepts and operational arguments regarding the execution of indepth impact evaluations of PDB initiatives and instruments. For a more practical approach, these arguments are presented with examples of ...


The Effectiveness Of Public Development Banks: Designing Good Impact Evaluations, Alessandro Maffioli, Cesar M. Rodriguez Jun 2017

The Effectiveness Of Public Development Banks: Designing Good Impact Evaluations, Alessandro Maffioli, Cesar M. Rodriguez

Cesar M. Rodriguez

PDB programs have become a fundamental ingredient of productive development policy strategies in most emerging economies. Although the overall need for these interventions is rarely questioned, academics and policymakers often debate their effectiveness, as well as the optimal approaches and instruments necessary to implement them. Therefore, the need to produce rigorous evaluations of PDBs has become increasingly relevant for both government and civil society (see Chapter 2).

This chapter presents the main concepts and operational arguments regarding the execution of indepth impact evaluations of PDB initiatives and instruments. For a more practical approach, these arguments are presented with examples of ...


Financial Crisis, Inclusion And Economic Development In The Us And Oic Countries, Shadiya T. Hossain Dec 2016

Financial Crisis, Inclusion And Economic Development In The Us And Oic Countries, Shadiya T. Hossain

University of New Orleans Theses and Dissertations

The following dissertation contains two distinct empirical essays which contribute to the overall field of Financial Economics. Chapter 1, entitled “Financial Inclusion and Economic Development in OIC Member Countries,” examines whether the presence of Islamic finance promotes development and alleviates poverty. To do so, we estimate the influence of financial inclusion variables on development and poverty variables for OIC countries. Using data from the World Bank, we use dynamic panel analysis using methodology similar to Beck et al (2000) to study the effects of financial inclusion on economic development and use simple cross-sectional analysis similar to Beck et al (2004 ...


The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee Aug 2016

The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee

Dissertations

This study measures the impact that electrical outages have on manufacturing production in 135 less developed countries using stochastic frontier analysis and data from World Bank’s Investment Climate surveys. Outages of electricity, for firms with and without backup power sources, are the most frequently cited constraint on manufacturing growth in these surveys.

Outages are shown to reduce output below the production frontier by almost five percent in Africa and by a lower percentage in South Asia, Southeast Asia and the Middle East and North Africa. Production response to outages is quadratic in form. Outages also increase labor cost, reduce ...


Aiding The Underdevelopment Of African Economies, Hannah Storey Jan 2016

Aiding The Underdevelopment Of African Economies, Hannah Storey

Student Scholarship & Creative Works By Year

This paper tested competing arguments that foreign aid can substantially aggravate the patterns of underdevelopment in previous British colonies. I followed the Center for Global Development in taking into account Amartya Sen’s understanding of development: “development consists of more than improvements in the well-being of citizens, even broadly defined: it also conveys something about the capacity of economic, political and social systems to provide the circumstances for that well-being on a sustainable, long-term basis” (Barder 2012). Generally in cases of underdevelopment the economic, political, or social system (or a combination of these three) in place is not sustainable and ...


Three Essays On The Economics Of Foreign Aid, Hongwei Song Jul 2015

Three Essays On The Economics Of Foreign Aid, Hongwei Song

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 ...


Planet Of The Celtic Tiger, Alexid Wai Kit Lam May 2015

Planet Of The Celtic Tiger, Alexid Wai Kit Lam

Syracuse University Honors Program Capstone Projects

Due to the vast developments in technology and information sharing, developing countries now have instant access to a library full of articles documenting the growth of various developed countries in the world. As these countries are searching for an economic model and hoping to replicate its result, they often come across Ireland’s economic success during the Celtic Tiger times. During this period, Ireland transformed from the “poorest of the rich” to “one of Europe’s shining lights.” Although Ireland's economic growth seems extremely appealing, how likely is it that another country could follow Ireland’s success by adopting ...


Economic Development And Female Labor Force Participation In The Middle East And North Africa: A Test Of The U-Shape Hypothesis, Kelsey A. Chapman Jan 2015

Economic Development And Female Labor Force Participation In The Middle East And North Africa: A Test Of The U-Shape Hypothesis, Kelsey A. Chapman

Gettysburg Economic Review

This paper investigates the relationship between economic development and female labor force participation in the Middle East and North Africa (MENA). Using a panel data set of 20 countries in the region for the period of 1990-2012, I develop an econometric model that tests the U-shape hypothesis. This study builds upon previous literature examining the U-shape hypothesis in time series studies for developing countries, and cross-country studies. The results of this paper suggest that there is a U-shaped relationship between economic growth and female labor force participation rates. The MENA region’s low female labor force participation rates can be ...


Ubiquitous Consumer-Centric System To Combating Product Counterfeiting And Boosting Entrepreneurship In Developing Economies, Kingsley C. Nwosu Jan 2014

Ubiquitous Consumer-Centric System To Combating Product Counterfeiting And Boosting Entrepreneurship In Developing Economies, Kingsley C. Nwosu

Journal for the Advancement of Developing Economies

Counterfeiting has been a menacing problem to global economies; however, it has been more devastating to developing and under-developed countries as a result of its impacts on various aspects of the economic development and health conditions of those countries. The consequences are abundantly documented, evidential and troubling. In addition to the fact that counterfeiting results in distribution of fake, cheap, and substandard products, it has very dissuasive effects on the entrepreneurial fabrics of a society. As various governments and agencies attempt to combat the menace and mitigate the consequences, the perpetuators are becoming even more sophisticated and resolute – encouraged and ...


Evaluate The Effect Of Imf’S Longer-Term Concessional Lending Programs On Growth In The Development Background Of Sub-Saharan Region, Guanyi Yang Sep 2013

Evaluate The Effect Of Imf’S Longer-Term Concessional Lending Programs On Growth In The Development Background Of Sub-Saharan Region, Guanyi Yang

Undergraduate Economic Review

Despite different voices from critics, the IMF has put development at the center of its policies. This paper tries to separate the effect of SAF, ESAF, PRGF, and ECF on growth empirically. Selecting a sample of 44 countries in the Sub-Saharan region from 1986 to 2011, it analyzes whether the IMF’s longer-term structural adjustment programs influences economic growth in participating countries. Consistent with previous studies, this research shows that SAF and ESAF have statistically insignificant impact on growth in the short term and long term. PRGF and ECF, on the other hand, are found to have a large and ...


Valuation Of The Ecosystem Services Provided By Coastal Ecosystems In Shandong, China: Developing A Non- Market Valuation System, Jing Guo Aug 2013

Valuation Of The Ecosystem Services Provided By Coastal Ecosystems In Shandong, China: Developing A Non- Market Valuation System, Jing Guo

Working Papers

Non-market valuation assesses the contributions of ecosystem services to human well-being by determining the preference of users. That is how much money users are willing to pay for ecosystem improvements or how much they are willing to accept for ecosystem losses. Through exploring these preferences, the natural capital can be accounted for economically and quantitatively. It can not only lead to better understanding of ecosystem benefits, but also make it possible to compare ecosystem services with other conventional goods and services (e.g. real estate) in monetary terms.

Shandong is a coastal province of China, which is located on the ...


Blue Growth In The Middle Kingdom: An Analysis Of China’S Ocean Economy, Rui Zhao, Stephen Hynes, Guang Shun He Jun 2013

Blue Growth In The Middle Kingdom: An Analysis Of China’S Ocean Economy, Rui Zhao, Stephen Hynes, Guang Shun He

Working Papers

This paper builds on the work carried out by OEAS in China, which established the framework of ocean economy accounting in China. It also demonstrates how it is possible to compile ocean economy data, from the existing government databases in China. The Chinese ocean economy was divided into two separate parts for the purpose of the analysis presented; the ocean industry and ocean-related industry. Data was collected for 12 major ocean industries. Using a similar methodology to that developed in previous international studies, it was found that the major ocean industries produced US$239.09 billion in value added output ...


Inclusive Business: Using For-Profit Business Models To Address Global Poverty, Samuel James Conner Apr 2013

Inclusive Business: Using For-Profit Business Models To Address Global Poverty, Samuel James Conner

Senior Honors Theses

Due to the rise of globalization, modernization, and the Internet revolution, awareness of global poverty has expanded, making its eradication a chief goal of the global development community for the twenty-first century. Though corporations are often expected to participate in social and community development initiatives without regard for profits, this paper presents inclusive business as a way for businesses to profitably engage impoverished segments of society. Inclusive businesses seek to expand their consumer bases or strengthen their supply chains by moving into new markets among the poor that have limited access to global markets and remain largely untapped. The research ...


The Dangers Of Diversity: Ethnic Fractionalization And The Rule Of Law, Michael Touchton Mar 2013

The Dangers Of Diversity: Ethnic Fractionalization And The Rule Of Law, Michael Touchton

Michael Touchton

Research linking ethnic cleavages to economic underdevelopment is a hallmark of recent efforts to explain economic growth. Similarly, the rule of law as a credible commitment to property rights and contract enforcement is also identified with economic development. Rather than treating these factors as rival explanations for economic development around the world, I propose the rule of law as the causal mechanism through which ethnic fractionalization (EF) influences growth in many countries. I argue ethnic diversity negatively impacts the rule of law due to the prevalence of ethnically-based patronage networks in developing countries. Public officials, I argue, face greater incentives ...


American Influence In The International Financial Institutions, Shawn Rosen, Jonathan R. Strand Jan 2013

American Influence In The International Financial Institutions, Shawn Rosen, Jonathan R. Strand

McNair Poster Presentations

As the world becomes more globalized and the prosperity of new, rising powers begins to challenge that of long-standing powers, many scholars and policy-makers have begun to examine America’s place in the global political economy. Ongoing changes in the world politi­cal economy such as the flourishing economies in the BRICS countries (Brazil, Russia, India, China, and South Africa), continued integration in Europe, as well as questions about eco­nomic policies derived from American dominated neoliberal ideology have raised many doubts regarding how long the United States can remain the world leader. The conventional wisdom holds that the United ...


The Effectiveness Of Public Development Banks: Designing Good Impact Evaluations, Alessandro Maffioli, Cesar M. Rodriguez Jan 2013

The Effectiveness Of Public Development Banks: Designing Good Impact Evaluations, Alessandro Maffioli, Cesar M. Rodriguez

Economics Faculty Publications and Presentations

PDB programs have become a fundamental ingredient of productive development policy strategies in most emerging economies. Although the overall need for these interventions is rarely questioned, academics and policymakers often debate their effectiveness, as well as the optimal approaches and instruments necessary to implement them. Therefore, the need to produce rigorous evaluations of PDBs has become increasingly relevant for both government and civil society (see Chapter 2).

This chapter presents the main concepts and operational arguments regarding the execution of indepth impact evaluations of PDB initiatives and instruments. For a more practical approach, these arguments are presented with examples of ...


Exchanging Salvadorians For Dollars: The Effects Of Remittances And Dollarization In El Salvador, Liliana Ventura May 2012

Exchanging Salvadorians For Dollars: The Effects Of Remittances And Dollarization In El Salvador, Liliana Ventura

Eckardt Scholars Projects

No abstract provided.


Economic Development And The Problem With The Problem-Solving Approach, Justin Desautels-Stein Jan 2012

Economic Development And The Problem With The Problem-Solving Approach, Justin Desautels-Stein

Washington University Jurisprudence Review

Scholars and practitioners alike have recently pointed to the idea of a “new moment” in the field of law and economic development, as well as a hope for a fruitful rethinking of political economy. The idea is that we have passed out of the period of high “neoliberalism,” associated at one time with Reagan, Thatcher, and the so-called Washington Consensus and now eclipsed by the ascendance of the Obama Administration. The hope attending the new consensus is that, in the wake of neoliberal law and policy, the field of law and development might be on the verge of a new ...


Institutionalizing Democracy In Africa: A Comment On The African Charter On Democracy, Elections And Governance, Patrick J. Glen Jan 2012

Institutionalizing Democracy In Africa: A Comment On The African Charter On Democracy, Elections And Governance, Patrick J. Glen

Georgetown Law Faculty Publications and Other Works

This article provides an exegesis of the recently entered-into-force African Charter on Democracy, Elections and Governance. Democracy has a decidedly mixed history in Africa and, despite a concerted effort by the African Union (AU), it has made only halting inroads in those states that are nondemocratic or struggling to consolidate democracy. That may change as more states ratify and implement the Charter, a comprehensive regional attempt to promote, protect, and consolidate democracy that entered into force in February 2012. This Charter, the culmination of two decades of African thinking on how democracy should develop on the continent, represents the AU ...


From The Alliance Of Economies To The Alliance Of Civilizations: Turkey's Strategic Role And Importance, Murat Doral Jun 2010

From The Alliance Of Economies To The Alliance Of Civilizations: Turkey's Strategic Role And Importance, Murat Doral

Journal of Global Initiatives: Policy, Pedagogy, Perspective

In "The Clash of Civilizations;' Huntington hypothesized that the principal conflicts of global politics will occur between groups of different civilizations, and concluded that the "clash of civilizations" will dominate global politics in the future. In addition, Huntington declared Turkey as one of the "torn countries" and tried to make connections between its Muslim identity and its delayed ED membership. The growing trade and investments volume tell us that regardless of our differences, people around the world understand the benefits of economic cooperation and would prefer this route to starting a war of civilizations.


China’S Economic Conditions, Wayne M. Morrison Mar 2008

China’S Economic Conditions, Wayne M. Morrison

Federal Publications

[Excerpt] Since the initiation of economic reforms in 1979, China has become one of the world’s fastest-growing economies. From 1979 to 2007 China’s real gross domestic product (GDP) grew at an average annual rate of 9.8%. Real GDP grew 11.4% in 2007 (the fastest annual growth since 1994). While China is expected to continue to enjoy rapid economic growth in the years ahead and could become the world’s largest economy within a decade or so, it faces a number of challenges, including widespread corruption, an inefficient banking system, over-dependence on exports and fixed investment for ...


The North-South Dialogue, Thomas Ehrlich Jan 1980

The North-South Dialogue, Thomas Ehrlich

Articles by Maurer Faculty

No abstract provided.


Economic And Social Development Of The Traditional Society: Studies Of Ecuador, Turkey, And Vietnam, Charles M. Corbin May 1972

Economic And Social Development Of The Traditional Society: Studies Of Ecuador, Turkey, And Vietnam, Charles M. Corbin

Graduate Thesis Collection

No abstract provided.


Book Review. The Effectiveness Of International Decisions And Foreign Development Lending -- Legal Aspects, A. A. Fatouros Jan 1972

Book Review. The Effectiveness Of International Decisions And Foreign Development Lending -- Legal Aspects, A. A. Fatouros

Articles by Maurer Faculty

No abstract provided.


The Computer And The Mud Hut: Notes On Multinational Enterprise In Developing Countries, A. A. Fatouros Jan 1971

The Computer And The Mud Hut: Notes On Multinational Enterprise In Developing Countries, A. A. Fatouros

Articles by Maurer Faculty

No abstract provided.


An International Code To Protect Private Investment -- Proposals And Perspectives, A. A. Fatouros Jan 1961

An International Code To Protect Private Investment -- Proposals And Perspectives, A. A. Fatouros

Articles by Maurer Faculty

No abstract provided.


Book Review. Development Banks By W. Diamond And The Design Of Development By J. Tinbergen, A. A, Fatouros Jan 1959

Book Review. Development Banks By W. Diamond And The Design Of Development By J. Tinbergen, A. A, Fatouros

Articles by Maurer Faculty

No abstract provided.