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Full-Text Articles in Other Economics

Summary: Service Exports And The Us Trade Deficit, Joao F. Gomes Sep 2019

Summary: Service Exports And The Us Trade Deficit, Joao F. Gomes

Wharton PPI B-School for Public Policy Seminar Summaries

A trade deficit is defined by the amount by which a country’s imports exceeds the value of its exports. The US has consistently held a trade deficit since the 1970s; as of the end of 2016, the deficit had risen to $502 billion. This trade deficit has been a “political hot potato,” particularly with respect to China, on the assumption that a sustained deficit weakens the overall economy. But is that accurate? In this B-School for Public Policy Seminar Summary, Professor Gomes takes a closer look at the economics of boosting service exports as a means of rebalancing the ...


An Inquiry Into The Sources Of Funding For Qard Hasan Based Mfis: A Case Study Of Akhuwat, Adnan Zikri Jaafar Jan 2018

An Inquiry Into The Sources Of Funding For Qard Hasan Based Mfis: A Case Study Of Akhuwat, Adnan Zikri Jaafar

Wharton Research Scholars

In the last several years, there have been mixed views on the economic and social impacts of microfinance. To respond to some of the criticisms facing the microfinance industry, some microfinance practitioners are experimenting with new alternative lending models and management frameworks. One of these models that has recently gained increasing attention among economists and practitioners is qard hasan based microfinance. We take a close look at Akhuwat, a qard hasan based MFI offering interest-free microcredits to the poor, focusing on its sources of financing.


Integrating Zakat With Development Impact Bond (Dib): Assessing Possible Approaches To Maximizing Impact From Zakat Investment, Adnan Zikri Jaafar Jan 2017

Integrating Zakat With Development Impact Bond (Dib): Assessing Possible Approaches To Maximizing Impact From Zakat Investment, Adnan Zikri Jaafar

Social Impact Research Experience (SIRE)

Zakat is one of the five pillars of Islam and forms the foundation of Islamic economic system. The practice of zakat combines both the elements of ritual and revenue-raising. From zakat payers’ perspectives, paying zakat is a ritual act intended to purify their wealth. From a system of revenue-raising perspective, the main objective of zakat is to alleviate the hardships of zakat recipients, particularly the poor. We discuss the purposes of zakat and the historical development of zakat administration and management in Malaysia. We examine the current challenges and criticisms of zakat distribution and propose an integration between zakat and ...


The Economic Costs And Benefits Of Implementing The Clean Power Plan, Jose Miguel Abito, Christopher R. Knittel, Konstantinos Metaxoglou, Andre Trindade Nov 2016

The Economic Costs And Benefits Of Implementing The Clean Power Plan, Jose Miguel Abito, Christopher R. Knittel, Konstantinos Metaxoglou, Andre Trindade

Wharton Public Policy Initiative Issue Briefs

This brief looks at the costs of implementing the EPA’s Clean Power Plan. Specifically, it examines whether implementing the CPP on a state-by-state basis—that is, with each state meeting its own individual target for emissions reduction by 2030, rather than establishing regional targets—is economically efficient. The economic analysis uses data from electricity-generating firms participating in the Pennsylvania-New Jersey-Maryland (PJM) Interconnection to examine the relative economic efficiency of regional versus state-by-state implementation of the CPP. The research indicates that state-by-state implementation would yield the lowest electricity prices in 2030.


Grameen Microfinance: An Evaluation Of The Successes And Limitations Of The Grameen Bank, Ana Maria Moreno Aug 2010

Grameen Microfinance: An Evaluation Of The Successes And Limitations Of The Grameen Bank, Ana Maria Moreno

Honors Theses (PPE)

The Grameen Bank has attracted worldwide attention by providing small loans to poor people across rural villages in Bangladesh. In 2006 the Nobel Committee awarded the Grameen Bank and its founder Professor Mohammad Yunus the Nobel Peace Prize for their, “efforts to create economic and social development from below.”[1] The Nobel committee asserted that microfinance is “an important liberating force and an ever more important instrument in the struggle against poverty.”[2] Since then, a global microfinance revolution has emerged and the Grameen Bank has been at the vanguard of this movement, showing the potential to alleviate poverty by ...