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Full-Text Articles in Macroeconomics

Restructuring And Forgiveness In Financial Crises B: The Asian Crisis Of 1997, June Rhee, Andrew Metrick Apr 2020

Restructuring And Forgiveness In Financial Crises B: The Asian Crisis Of 1997, June Rhee, Andrew Metrick

Journal of Financial Crises

Asia’s economy, Thailand in particular, was booming when the financial crises hit in the 1990s. However, troubles were brewing underneath the seemingly buoyant economy. With a fragile financial system and ineffective domestic government responses to these troubles, an exchange rate crisis took over Thailand, and this crisis started a financial contagion in the neighboring countries. This case reviews the background and domestic government responses to contain the crisis, and the international intervention provided by the International Monetary Fund including the assistance and the required reforms accompanying the support.


The Sustainability Of Child Protection Services In The Republic Of Kosovo, Shpetim Bylykbashi Mar 2020

The Sustainability Of Child Protection Services In The Republic Of Kosovo, Shpetim Bylykbashi

Capstone Collection

Today, in Kosovo, are services provided for the children most in need sustainable? Do these services have stable and long-term funding? Did the decentralization of the Kosovo government strengthen or weaken the existing child protective environment? In an attempt to answer these questions, a review of available literature was completed, as well as direct interviews conducted with relevant stakeholders engaged in Kosovo’s child protection services at both the governmental and civil society levels. The main finding of my research is that vulnerable children in Kosovo, such as children without parental care, children with special needs, and child victims of ...


Understanding The Characteristics Of Remittance Recipients In Venezuela: A Country In Economic Crisis, Nicole A. Degla Nov 2019

Understanding The Characteristics Of Remittance Recipients In Venezuela: A Country In Economic Crisis, Nicole A. Degla

Undergraduate Economic Review

This essay analyzes household surveys from the World Bank Global Financial Inclusion Database for the years 2011, 2014, and 2017, as a means to distinguish individual level characteristics of remittance recipients in Venezuela. Remittances are defined as “crossborder, person-to-person payments of relatively low value. The transfers are typically recurrent payments by migrant workers to their relatives in their home countries (World Bank, 2015). Through the use of a linear probability model and probit regressions, I examine the variables age, gender, education level, and income quintile. Results of the analysis find that age has a statistically significant negative effect on the ...


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 ...


Given Today's New Wave Of Protectionsim, Is Antitrust Law The Last Hope For Preserving A Free Global Economy Or Another Nail In Free Trade's Coffin?, Allison Murray Feb 2019

Given Today's New Wave Of Protectionsim, Is Antitrust Law The Last Hope For Preserving A Free Global Economy Or Another Nail In Free Trade's Coffin?, Allison Murray

Loyola of Los Angeles International and Comparative Law Review

No abstract provided.


Foreign Capital Inflows And Economic Well-Being: A Statistical Analysis Of 46 Sub-Saharan African Countries From 1995-2015, Alexander M. Csanadi Oct 2018

Foreign Capital Inflows And Economic Well-Being: A Statistical Analysis Of 46 Sub-Saharan African Countries From 1995-2015, Alexander M. Csanadi

Undergraduate Economic Review

Variation in the economic well-being among sub-Saharan African countries is among the highest of any region in the world. This paper attempts to address this disparity by exploring the role of foreign capital inflows. This project extends the concept of well-being beyond GDP growth, to include measures of poverty and inequality. A multivariate regression analysis finds that the observed capital inflows have significant effects on all three measurements of well-being. Findings suggest that the level of affluence of the domestic population has significant effects on the ability of those populations to translate diaspora remittances into improvements in well-being.


Resource Nationalism And Energy Integration In Latin America: The Paradox Of Populism, Brian Hollingsworth Jun 2018

Resource Nationalism And Energy Integration In Latin America: The Paradox Of Populism, Brian Hollingsworth

FIU Electronic Theses and Dissertations

This dissertation examines the relationship between resource nationalism and energy integration, and uses Bolivia and Brazil as a test case. Essentially, does resource nationalism affect energy integration? The findings nest within more expansive questions on international political economy and export-driven models of development. Why do populist regimes, historically operating under an economic nationalist cum protectionist paradigm, simultaneously pursue policies of economic integration? What is the relationship between resource nationalists and open markets, especially in the hydrocarbons sector? What is the relationship between populists, who are typically resource nationalists, and their decision to choose policies of energy integration?

The most common ...


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 ...


Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 1: Econometric Analyses), Eric S. Peters Jan 2018

Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 1: Econometric Analyses), Eric S. Peters

Select or Award-Winning Individual Scholarship

In 2014 the European Union, in concert with a number of other nations, enacted multiple rounds of sanctions against the Russian Federation. These sanctions were implemented due to the perceived role of the Russian Federation in the Ukrainian Euro Maiden Revolution of February 2014, and the subsequent annexation of the Crimean region. The following work investigates the resulting impacts of these sanctions on V4 (Czech, Hungarian, Polish, & Slovak) economies before ultimately concluding sanctions did not result in long term economic harm to the respective nations. The work is divided into 6 essays (Econometric Analyses, Energy, Financial Services & Governance, Defense & Dual-Use ...


Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 2: Energy), Eric S. Peters Jan 2018

Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 2: Energy), Eric S. Peters

Select or Award-Winning Individual Scholarship

In 2014 the European Union, in concert with a number of other nations, enacted multiple rounds of sanctions against the Russian Federation. These sanctions were implemented due to the perceived role of the Russian Federation in the Ukrainian Euro Maiden Revolution of February 2014, and the subsequent annexation of the Crimean region. The following work investigates the resulting impacts of these sanctions on V4 (Czech, Hungarian, Polish, & Slovak) economies before ultimately concluding sanctions did not result in long term economic harm to the respective nations. The work is divided into 6 essays (Econometric Analyses, Energy, Financial Services & Governance, Defense & Dual-Use ...


Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 3: Financial Services & Governance), Eric S. Peters Jan 2018

Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 3: Financial Services & Governance), Eric S. Peters

Select or Award-Winning Individual Scholarship

In 2014 the European Union, in concert with a number of other nations, enacted multiple rounds of sanctions against the Russian Federation. These sanctions were implemented due to the perceived role of the Russian Federation in the Ukrainian Euro Maiden Revolution of February 2014, and the subsequent annexation of the Crimean region. The following work investigates the resulting impacts of these sanctions on V4 (Czech, Hungarian, Polish, & Slovak) economies before ultimately concluding sanctions did not result in long term economic harm to the respective nations. The work is divided into 6 essays (Econometric Analyses, Energy, Financial Services & Governance, Defense & Dual-Use ...


Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 4: Defense & Dual-Use), Eric S. Peters Jan 2018

Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 4: Defense & Dual-Use), Eric S. Peters

Select or Award-Winning Individual Scholarship

In 2014 the European Union, in concert with a number of other nations, enacted multiple rounds of sanctions against the Russian Federation. These sanctions were implemented due to the perceived role of the Russian Federation in the Ukrainian Euro Maiden Revolution of February 2014, and the subsequent annexation of the Crimean region. The following work investigates the resulting impacts of these sanctions on V4 (Czech, Hungarian, Polish, & Slovak) economies before ultimately concluding sanctions did not result in long term economic harm to the respective nations. The work is divided into 6 essays (Econometric Analyses, Energy, Financial Services & Governance, Defense & Dual-Use ...


Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 6: Policy Recommendations), Eric S. Peters Jan 2018

Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 6: Policy Recommendations), Eric S. Peters

Select or Award-Winning Individual Scholarship

In 2014 the European Union, in concert with a number of other nations, enacted multiple rounds of sanctions against the Russian Federation. These sanctions were implemented due to the perceived role of the Russian Federation in the Ukrainian Euro Maiden Revolution of February 2014, and the subsequent annexation of the Crimean region. The following work investigates the resulting impacts of these sanctions on V4 (Czech, Hungarian, Polish, & Slovak) economies before ultimately concluding sanctions did not result in long term economic harm to the respective nations. The work is divided into 6 essays (Econometric Analyses, Energy, Financial Services & Governance, Defense & Dual-Use ...


Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Preface), Eric S. Peters Jan 2018

Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Preface), Eric S. Peters

Select or Award-Winning Individual Scholarship

In 2014 the European Union, in concert with a number of other nations, enacted multiple rounds of sanctions against the Russian Federation. These sanctions were implemented due to the perceived role of the Russian Federation in the Ukrainian Euro Maiden Revolution of February 2014, and the subsequent annexation of the Crimean region. The following work investigates the resulting impacts of these sanctions on V4 (Czech, Hungarian, Polish, & Slovak) economies before ultimately concluding sanctions did not result in long term economic harm to the respective nations. The work is divided into 6 essays (Econometric Analyses, Energy, Financial Services & Governance, Defense & Dual-Use ...


Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 5: Agriculture), Eric S. Peters Jan 2018

Exploring The Visegrád-Russia Connection: Understanding The Political And Economic Ramifications Of Sanction Policies Four Years Later (Essay 5: Agriculture), Eric S. Peters

Select or Award-Winning Individual Scholarship

In 2014 the European Union, in concert with a number of other nations, enacted multiple rounds of sanctions against the Russian Federation. These sanctions were implemented due to the perceived role of the Russian Federation in the Ukrainian Euro Maiden Revolution of February 2014, and the subsequent annexation of the Crimean region. The following work investigates the resulting impacts of these sanctions on V4 (Czech, Hungarian, Polish, & Slovak) economies before ultimately concluding sanctions did not result in long term economic harm to the respective nations. The work is divided into 6 essays (Econometric Analyses, Energy, Financial Services & Governance, Defense & Dual-Use ...


Why Not Mexico? Policy Recommendations For A Globally-Oriented Economic Strategy, Víctor Manuel Hernández-Rodríguez Jan 2018

Why Not Mexico? Policy Recommendations For A Globally-Oriented Economic Strategy, Víctor Manuel Hernández-Rodríguez

CMC Senior Theses

Mexico, one of the world’s largest economies and an increasingly relevant actor in international affairs, is at a crucial point in defining its future policy course. Given the uncertainty surrounding the global economy, as well as the political situation in Mexico, it is important to have a clear vision for policy going forward. This thesis offers a foundation for a national economic strategy with a long-term vision, upon which future administrations can build as appropriate to maximize on the country’s economic potential. The task is undertaken through a three-part approach. First, a thorough and analytical overview of the ...


Considerations For Mexican Immigration Policy Reform: How Motivations To Migrate Align With U.S. And Mexican Macroeconomic Conditions, Alix Naugler May 2017

Considerations For Mexican Immigration Policy Reform: How Motivations To Migrate Align With U.S. And Mexican Macroeconomic Conditions, Alix Naugler

Undergraduate Honors Theses

The nationalistic rhetoric adopted by the newly-elected president’s administration along with the public’s climaxing anti-immigrant hysteria has recently forced Mexican immigration intervention to the top of the U.S. agenda. Misconceptions regarding Mexicans’ role in stealing jobs, threatening cultural and ethnic traditions, and straining public welfare, educational, and healthcare resources have spurred a fear among the American people. This politically-fabricated “schizophrenia” has ceased the political and economic collaboration between the two nations and has resulted in the unilateral militarization of the U.S.-Mexico border. In this evaluation of the U.S. government’s immigration policies, the proposed ...


The Latina Women & The Informal Microenterprise, Ivette Olmeda May 2017

The Latina Women & The Informal Microenterprise, Ivette Olmeda

International Development, Community and Environment (IDCE)

ABSTRACT

THE LATINA WOMEN & THE INFORMAL MICROENTERPRISE

Ivette Olmeda

The informal economy refers to economic transactions that are not generally recorded through formal business compliance systems such as licensing, taxes, permitting and others. Informal economic activities are primarily completed through cash transactions.

This research explores the perceptions, intentions, and motivations of Latina women to operate informal microenterprises in an open market. The research consisted of interviews with five Latina women from Worcester, Massachusetts to gather information and ultimately understand why they are not entering formal entrepreneurship systems. The interviews supported existing research in which women state that they operate these ...


Modernization Losers, Political Winners: Assessing The Role Of The Declining Position Of Labor In Right-Wing Electoral Successes Across Western Europe, Eva-Marie C. Quinones Jan 2017

Modernization Losers, Political Winners: Assessing The Role Of The Declining Position Of Labor In Right-Wing Electoral Successes Across Western Europe, Eva-Marie C. Quinones

Senior Projects Spring 2017

This Senior Project advances the modernization losers thesis, wherein the electoral successes of the far right in Western Europe are attributable to neoliberal fiscal policy, labor market shifts, and the institutional structure of the euro. Building on an existing body of literature that primarily assesses voting behavior through survey research, this paper assesses the relationship between right-wing electoral successes and the socioeconomic status of semi-skilled, blue-collar laborers thought to comprise the core voting base of extreme right parties, by using panel data at the national and provincial levels to answer the question, “To what extent has the declining position of ...


Invitation Strategy For Cutting Edge Industries Through Mncs And Global Talents: The Case Of Singapore, Kim Song Tan Nov 2016

Invitation Strategy For Cutting Edge Industries Through Mncs And Global Talents: The Case Of Singapore, Kim Song Tan

Research Collection School Of Economics

Singapore presents an interesting case of how a country achieves dynamic economic development and innovation through the "invitation" strategy of a business hub. Despite being a small city-state with limited domestic market size and no meaningful hinterland or natural resources to speak of, Singapore has managed to transform its economy dramatically over the past 50 years by leveraging the strengths of other economies. Specifically, it has been able to attract (or "invite") various types of productive resources, including foreign capital, foreign technology and foreign workers (both skilled and unskilled) to make up for what it lacks. This has helped Singapore ...


Why Ireland: How Bank Failure Was Their Key To Success, Nia R. Gillenwater Sep 2016

Why Ireland: How Bank Failure Was Their Key To Success, Nia R. Gillenwater

Claremont-UC Undergraduate Research Conference on the European Union

Despite Ireland’s status as the first EU country to receive a bailout, Ireland appears to be bouncing back extremely well from the ongoing financial crisis in Europe and the EU. Looking at recent Irish economic statistics it begs the question whether the government’s complete guarantee of all Irish debts was the best response. Ireland’s financial crisis seemed quite similar to America’s: for both the root causes are freely lending for real estate and property. The responses however, were very different. While America let Lehman Brothers fail and only provided a partial guarantee to its banks, Ireland ...


Natural Disasters In Latin America: The Role Of Disaster Type And Productive Sector On The Urban-Rural Income Gap And Rural To Urban Migration, Madeline Alice Messick Aug 2016

Natural Disasters In Latin America: The Role Of Disaster Type And Productive Sector On The Urban-Rural Income Gap And Rural To Urban Migration, Madeline Alice Messick

Dissertations

This research provides insight into the impact of natural disasters as drivers of rural to urban migration in Latin America and the Caribbean (LAC). Disasters of varying types are predicted to have differing impacts on the productive sectors of agriculture, industry, and services; which due to the concentration of the various productive sectors in either urban or rural areas, subsequently changes the urban-rural wage differential. Changes to the wage differential (as measured by the urban-rural income gap) are predicted to lead to movement between urban and rural areas until a new equilibrium wage is reached.

This dissertation first identifies a ...


International Trade Effects Of Regional Economic Integration In Africa: The Case Of The Southern African Development Community (Sadc), Mengesha Yayo, Sisay Asefa Jul 2016

International Trade Effects Of Regional Economic Integration In Africa: The Case Of The Southern African Development Community (Sadc), Mengesha Yayo, Sisay Asefa

International Journal of African Development

Empirical studies on regional economic integration process in Africa exhibit sluggish progress, and there by limited level of intra-trade. The existing literature in Africa, particularly in the Southern African regional integration bloc, has neglected the effects of regional economic integration dealing with disaggregated data. This study analyzes trade creation and diversion effects of the Southern African Development Community (SADC) using disaggregated data. The investigation estimates an augmented gravity model using panel data and random effect estimator methods applying instrumental variables where needed.

The results show that intra-SADC trade is growing in the fuel and minerals and the heavy manufacturing sectors ...


The Distribution Of Globalized Power, Rachel Canter Apr 2016

The Distribution Of Globalized Power, Rachel Canter

Best Integrated Writing

Canter reviews Thomas Friedman’s The Lexus and the Olive Tree and observes the dissonance between our notions of globalization and global society; she offers an alternate worldview that pays respect to regional cultures and values.


A Critical Examination Of Oil Wealth Management Strategies And Their Effects On Economic Growth In The Gulf Cooperation Council Countries, Caroline J. Belmont Jan 2016

A Critical Examination Of Oil Wealth Management Strategies And Their Effects On Economic Growth In The Gulf Cooperation Council Countries, Caroline J. Belmont

CMC Senior Theses

Despite their natural resources, the countries of the Gulf Cooperation Council (Kuwait, the United Arab Emirates, Saudi Arabia, Bahrain, Qatar, and Oman) have failed to live up to their economic potential, primarily due to their dependence on a revenue source with volatile prices and political significance in an unstable region. This thesis argues that the best way to convert oil wealth into consistent long term growth is through diversification, both by investing in foreign assets and by growing domestic sectors that are independent from oil and gas prices. The research further investigates the primary tool these countries have used to ...


Inflation, External Market Performance And Government Policy: An Empirical Investigation Using Var-Vecm Approach In The Context Of Ethiopia, Nardos M. Beyene Dec 2015

Inflation, External Market Performance And Government Policy: An Empirical Investigation Using Var-Vecm Approach In The Context Of Ethiopia, Nardos M. Beyene

International Journal of African Development

This study aims at determining the effectiveness of demand management policies in stabilizing the macroeconomic environment of Ethiopian economy. Inflation and Balance of Payments are used as the two indicators of stability. The researcher made use of Co-integrated VAR approach and estimates inflation and balance of payments equations. All together the researcher used data for the period 1976-2011. The findings of the study imply the existence of two-way relationship between inflation and balance of payments. Excess balance of payment surplus leads to inflationary pressures in the economy while inflation booming deteriorates the country’s external balance.


Impact Of International Remittances On Schooling In The Philippines: Does The Relationship To The Household Head Matter?, Tomoki Fujii Sep 2015

Impact Of International Remittances On Schooling In The Philippines: Does The Relationship To The Household Head Matter?, Tomoki Fujii

Research Collection School Of Economics

We study the impact of international remittances on schooling in the Philippines, taking into account the school-age individual's relationship to the household head. This consideration is important because employment opportunities abroad may be taken at the expense of the quality of child rearing. Our estimation results indicate that there are, indeed, significant negative guardian effects on school attendance and education expenditures when children with overseas parents are looked after by a relative other than a parent or grandparent. However, these negative effects tend to be outweighed by the positive impact of remittance flows from overseas.


The Role Of The State In Singapore: Pragmatism In Pursuit Of Growth, Kim Song Tan, Manu Bhaskaran Aug 2015

The Role Of The State In Singapore: Pragmatism In Pursuit Of Growth, Kim Song Tan, Manu Bhaskaran

Research Collection School Of Economics

This paper looks at how government intervention shapes the evolution of the Singapore economy and accounts for its successes and failures over the past 50 years. Compared with other dynamic Asian economies, the Singapore government's approach to intervene in the economy is both more extensive and more intrusive, but with a narrow focus on GDP growth and surplus accumulation as the primary objectives. The ruling government's near complete dominance in politics has enabled it to mobilize resources to create the preconditions for strong GDP growth and high savings. But the impact on the broader development of the economy ...


Determinants Of Farm And Non-Farm Family-Controlled Child Labor, Kofi Acheampong Jul 2015

Determinants Of Farm And Non-Farm Family-Controlled Child Labor, Kofi Acheampong

International Journal of African Development

Ninety five percent of the child labor in Africa takes place in private households where children are controlled by their relatives. While this is a major problem, the literature provides little discussion on the determinants of this form of child labor. To fill this gap, I examine the determinants of farm and non-farm family-controlled child labor using data from the 2009 Ghana Time Use Survey. The findings indicate that school networks, the education level of the head of household, and religion play important roles in determining children’s activities in both farm and non-farm work.


Foreign Investors In Vietnam: An Increasingly Attractive Market, Tony Diep, Hawkins Pham May 2015

Foreign Investors In Vietnam: An Increasingly Attractive Market, Tony Diep, Hawkins Pham

Asian Management Insights

A new wave of mergers and acquisitions and foreign direct investments is coming into Vietnam thanks to macro stability, an emerging middle class and changes in Asia’s manufacturing landscape.