Search

Begin New Search Topic Economics

5661. Focal Points and International Financial Markets: The Maastricht Convergence Criteria

Author:
Layna Mosley
Publication Date:
03-1998
Content Type:
Working Paper
Institution:
International Studies Association
Abstract:
A central research problem in comparative and international political economy concerns the implications of economic globalization - and more specifically, of international capital mobility - for national economic policy choice. A large body of recent literature suggests that governments are, at least to some extent, constrained by relatively high levels of international capital mobility (Garrett, 1998; O'Brien, 1992). At the very least, the asset allocation decisions of financial market participants affect interest rate levels, and, therefore, the cost of borrowing for governments and private actors.
Topic:
International Relations, Economics, and International Organization
Political Geography:
Europe

5662. Science, Technology, and the Law

Author:
Peter Huber, Susan Raymond, Rodney W. Nichols, Kenneth Dam, Kenneth R. Foster, George Ehrlich, Debra Miller, Alan Charles Raul, Ronald Bailey, and Alex Kozinski
Publication Date:
08-1998
Content Type:
Working Paper
Institution:
New York Academy of Sciences
Abstract:
As science and technology push the edges of understanding, innovation makes the once unimaginable merely quotidian. The flow—the torrent—of change inevitably meets the stock of laws and regulations that structure society. And, often, the legal system and the judiciary must cope with the resulting swirls, eddies, and, at times, whirlpools of ethical controversy and economic and societal choice.
Topic:
Economics, Government, International Law, and Science and Technology
Political Geography:
United States, New York, and America

5663. Science and Technology for African Development: Partnerships in a Global Economy

Author:
Soodursun Jugessur, Susan U. Raymond, Stephen Chandiwana, Clive Shiff, Pieter J.D. Drenth, D. N. Tarpeh, Iba Kone, Jacques Gaillard, and Roland Waast
Publication Date:
03-1998
Content Type:
Working Paper
Institution:
New York Academy of Sciences
Abstract:
This paper examines the eureka factor in science based development and underscores the increasing concern that Africa lags behind in S due to political and social instability coupled by low investments in technologies. The paper emphasises that African science should come up with a decisive policy for investment in new style education and capacity building for S that is relevant to the African experience and addresses problems of real concern to the community. Science led development in Africa should reduce replication of foreign technologies and invest in social capital of its scientists and its R institutions for sustainable economic development. The aim of the paper is not to offer prescriptive solutions but to highlight areas which should stimulate debate in small working groups examining how Africa can learn from its own experience as well as that of other nations in developing an appropriate system of innovation for science led development.
Topic:
Economics, Education, Emerging Markets, Government, Industrial Policy, International Cooperation, and Science and Technology
Political Geography:
Africa and United States

5664. Women Coping with Crisis: Social Consequences of Export-Led Industrialization in the Dominican Republic

Author:
Helen I. Safa
Publication Date:
04-1998
Content Type:
Working Paper
Institution:
The North-South Center, University of Miami
Abstract:
What are the social consequences of export-led industrialization, and are they a deterrent to sustainable development? This paper explores these questions by examining the link between export-led industrialization, the feminization of labor, and the growth of female-headed households in the Dominican Republic in a community that has undergone a marked shift in economic base from sugar production, employing mostly men, to export manufacturing, employing mostly women. Employment in export manufacturing gives women greater economic autonomy and greater leverage in the household, which, combined with deterioration in male employment, raises women's resistance to marriage and weakens the role of the male breadwinner. While female-headed households have increased in number, the economic and emotional support provided by consanguineal kin, often living in extended families, has enabled these households to function quite adequately. Under these circumstances, the female-headed household should not be seen as a deterrent to sustainability.
Topic:
Development, Economics, and Gender Issues
Political Geography:
Caribbean

5665. Global Economics and Local Politics in Trinidad's Divestment Program

Author:
Anthony P. Maingot
Publication Date:
12-1998
Content Type:
Working Paper
Institution:
The North-South Center, University of Miami
Abstract:
This study focuses on the complex interaction between local political, social, and economic exigencies and the imperatives of the global economy in Trinidad. Local systems operate according to the perceived needs of their elites and the moral codes and biases of the political culture. In Trinidad, the dominant biases have to do with racial competition. For more than five decades, efforts have been made to use the state to extend economic rights to underprivileged Afro-Trinidadians. In the mid-1980s, however, a shift in macroeconomic thinking led to liberalization and a growing gap between the traditional nationalist/statist ideology and the actual decisions of political elites. This paper explores this unresolved incongruity through a case study of Petrotrin, the national petroleum company that oversees the fast-growing oil and gas sector.
Topic:
Development, Economics, Emerging Markets, International Political Economy, and Politics
Political Geography:
Caribbean

5666. Democracy and Reform in Cardoso's Brazil: Caught Between Clientelism and Global Markets?

Author:
Willian C. Smith and Nizar Messari
Publication Date:
09-1998
Content Type:
Working Paper
Institution:
The North-South Center, University of Miami
Abstract:
This paper explores President Fernando Henrique Cardoso's record and his attempt to seek reelection on October 4 over the challenge of Luiz Inácio Lula da Silva, candidate of the Workers' Party (PT) and the left. These events are examined in the context of a central, inescapable dilemma of contemporary Brazilian politics: how to reconcile the exigencies of the market and globalization with the equally compelling needs to promote democracy while combating poverty, violence, and social exclusion. The paper concludes with analyses of various alternative politico-economic scenarios for Brazil following the October elections.
Topic:
Democratization, Development, Economics, Globalization, Government, and Politics
Political Geography:
Brazil

5667. Stabilization and Its Discontents: Argentina's Economic Restructuring in the 1990s

Author:
Manuel Pastor and Carol Wise
Publication Date:
05-1998
Content Type:
Working Paper
Institution:
The North-South Center, University of Miami
Abstract:
Even as multilateral officials adamantly oppose the implementation of currency boards as a way of stabilizing exchange rates and inflation in the wake of the recent Asian financial crisis, Argentina remains committed to such an arrangement. This paper explores the political and economic conditions that prompted Argentine policymakers to adopt an economic management model in 1991 that is generally considered to be less flexible than other approaches now prevailing in Latin America. Short-term outcomes as well as longer-term patterns of economic restructuring now underway in Argentina are analyzed. The authors argue that, despite considerable success on the macro-stabilization front, policymakers still have their work cut out in terms of designing a set of second-phase measures to facilitate smoother adjustment at the microeconomic level.
Topic:
Economics and Political Economy
Political Geography:
Latin America

5668. Maintaining prosperity in an ageing society

Publication Date:
06-1998
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Population ageing in OECD countries over the coming decades could threaten future growth in prosperity. Governments should take action now across a broad range of economic, financial and social policies to ensure the foundations for maintaining prosperity in an ageing society. While reforms are already underway, much deeper reforms will be needed to meet the challenges of population ageing.
Topic:
Economics, Government, and International Trade and Finance

5669. Maintaining Prosperity in an Ageing Society

Publication Date:
05-1998
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Population ageing in OECD countries over the coming decades could threaten future growth in prosperity. Governments should take action now across a broad range of economic, financial and social policies to ensure the foundations for maintaining prosperity in an ageing society. While reforms are already underway, much deeper reforms will be needed to meet the challenges of population ageing.
Topic:
Economics, Government, International Cooperation, and International Trade and Finance

5670. The 1998 Per Jacobsson Lecture: Managing the International Economy in an Age of Globalisation

Author:
Peter D. Sutherland
Publication Date:
10-1998
Content Type:
Policy Brief
Institution:
Overseas Development Council
Abstract:
Good afternoon. Thank you, Sir Jeremy, for that kind introduction. I am honored, not merely to have been selected to deliver this year's Per Jacobsson lecture, but by the presence of so many distinguished guests. I am also delighted that two previous Per Jacobsson lecturers could be here this afternoon, and I would like to recognize them: Jacques de Larosiere, the former Managing Director of the IMF and more recently the President of the European Bank for Reconstruction and Development, and Joseph Yam, the Chief Executive of the Hong Kong Monetary Authority.
Topic:
Economics, Globalization, Government, International Trade and Finance, and Politics
Political Geography:
Europe