Agricultural policy within the European Union (EU) is but one of the founding pillars upon which unification was developed. Negotiated out of a post-war Europe, the Common Agricultural Policy (CAP) emphasized the protection of the domestic market, through government subsidies and payment programmes, artificially raising the price of domestic products while restricting access for the foreign agricultural producers. The objective of this paper is to explore the link between the agricultural decisions made by the EU and the effects on citizens in the Least Developed Countries (LDC). To develop a comprehensive understanding of the issue at hand a review of the existing literature will be necessary, as well as an analysis of the available quantitative data. The findings revealed that the CAP is but one factor that impacts development of agriculture in LDC’s, many other factors, such as international and bi-lateral trade agreements, government institutions, and political lobbying also influence the outcome.

<p> </p><p> </p><p> </p><p> </p><p> </p><p><strong>Abstract</strong></p><p><strong>Problem: </strong>The desire for development in less privileged countries like Uganda has created the need for the privileged countries like Sweden to embark on external knowledge transfer through different projects, as one of the objectives to achieve development. However, some factors tend to limit the success of this external knowledge transfer process.<strong> </strong></p><p><strong>Purpose: </strong>The purpose of this research is to find out the factors that lead to the barriers and limitations of knowledge transfer in development projects. Since there are differences in objectives between nonprofit and profit making projects, the research is also aimed at highlighting the extent to which the affecting factors hinder the achievement of objectives and goals. <strong> </strong></p><p><strong>Method: </strong>Qualitative methods were used in this research. Telephone interviews were conducted after sending questionnaires to four respondents from different organizations that were actively involved in the projects. In order to have balanced results, two respondents each from Uganda and Sweden were interviewed. Trustworthiness and ethical issues were put into consideration while conducting the interviews, in a bid to create a desirable atmosphere for conducting the study.<strong> </strong></p><p><strong>Result: </strong>External knowledge transfer is affected by factors like culture, individual factors, and knowledge management factors. Apart from the mentioned factors, research found that instead of organizational factors that would affect profit making projects to a greater extent, factors like the political will, ownership and local needs are the ones that affect development projects.</p><p><strong>Conclusion: </strong>The factors that affect the external knowledge transfer process are to a greater extent human, and are controllable. In development projects, the recipient country should identify the needs that would initiate the external knowledge transfer process. Most of the affecting factors would be controlled through building of relationships and strong ties, local ownership, and political considerations. All this put into consideration, external knowledge transfer between developed and developing countries stand a high chance to succeed.</p><p> </p><p> </p><p> </p><p> </p>

Renormalization group analysis is a useful tool for studying critical behaviour of stochastic systems. In this thesis, field-theoretic renormalization group will be applied to the scalar model representing directed percolation, known as Gribov model, in presence of the random velocity field. Turbulent mixing will be modelled by the compressible form of stochastic Navier-Stokes equation where the compressibility is described by an additional field related to the density. The task will be to find corresponding scaling properties.

When tourism is growing fast it is important to develop it in a sustainable way which benefits the communities involved as much as possible. Homestay tourism can benefit local communities such as mass tourism has been widely criticized for failing to do. Homestay has shown to be successful as a tool for building sustainable tourism and contributing to locals involved in other countries. The concept has given hosts an opportunity to gain from their local resources. This gives the resources importance thereby locals preserve them. Although, there is a lack of studies on how the homestay concept can contribute to sustainable tourism development and how the concept is implemented in the Philippines. The aim with the research is to explore impacts of the homestay concept in sustainable tourism development through following perspectives: assess the social and economic impacts of having a homestay, identify motivational factors behind local peoples' decisions to put up a homestay, explore further ways of developing homestays in a developing country with focus on the central part of The Philippines. In the research, several challanges for implementing the homestay concept in a sustainable way have been identified and given suggestions on. The biggest challenge identified is that hosts do not have the skills and knowledge for the purpose of the homestay concept. The study argue that this challenge could be overcome by host-training to a large extent. This host-training should preferably be facilitated by the government, which in the Philippines has internal challenges such as reversed hierarchy and low commitment to overcome before being able to facilitate the homestays for a more sustainable tourism development.

This thesis explores professional visions for the planning of everyday life during the period of developed socialism. Considering a wide range of disciplinary literature, including architecture, urban planning, design and sociology, this thesis analyses how professionals imagined residential and domestic life in an urbanised and technologically advanced socialist society. Continuing the narrative of Khrushchev’s modernising programme to reform everyday life (<i>byt</i>) into the post-Khrushchev period, the thesis follows professionals of the last two Soviet decades who criticised the rationalising and collectivising planning paradigm inaugurated during the preceding decades. Professionals argued that this paradigm had produced a dehumanised and alienating everyday environment in the city and the home. After setting out the theoretical framework and the historical context of developed socialism, the first empirical section addresses urban residential life. It focuses on the microdistrict planning unit to illustrate how professionals, disillusioned with functionalist planning, searched for ways to humanise the city and adapt it to the behaviours and needs of urban residents. Part two investigates shifting professional views on the home and the everyday processes associated with it, such as cooking and cleaning. No longer seen as a utilitarian space in which everyday processes transpire, the home came to be understood as a personal and emotionally resonant place. Part three focuses on material culture, investigating evolving views on consumption and aesthetics. It illustrates how professionals endeavoured to rehabilitate the object world and align it with populist preferences while nonetheless maintaining a commitment to technological and forward-looking principles. In contributing to the scholarly understanding of developed socialism, this thesis contends that the 1970s-1980s saw experts embrace individual agency and popular sentiments. This turn did not, however, signify a turn towards individualism or de-politicised malaise: professionals maintained their utopian aspirations to engineer and control everyday life.

This work focuses on globalization, more closely on the economic aspects of this process. Small countries, especially developing ones are in the spotlight, as they face unique challenges that have been addressed by the international community for decades at least. The success rate of the intervention is very questionable and leaves room for improvement, which may be a platform to elevate millions out of poverty, solve crippling problems, provide access to technology and improve the global economic system. The uniting hypothesis is that that small developing nations are functioning in a hostile environment when it comes to trade, intellectual property protection and debt, which makes it extremely difficult for them to globalize competitively. Economic history, trade and technology are the main filters of this research. Conventional economic theory like market fundamentalism, and international trade theories will be discussed. A holistic literature review, will try to depict the many sides of the argument. The data used will be from the World Competitiveness Report, World Bank's World Development Indicators, other World Bank data, apropriatiate statistical offices. A case study is implemented to conclude the thesis and in this case to evaluate the hypothesis as only partly true, since small...

Charles University in Prague Faculty of Social Sciences Institute of Economic Studies MASTER THESIS Financial Stress Transmission from Developed to Emerging Countries Author: Bc. Nicolae Gavrilenco Supervisor: doc. Roman Horvàth, Ph.D. Academic Year: 2012/2013 Abstract In this research we have analyzed the financial system as it is today, describing the implications financial innovation had and the impact of the recent financial crisis. We tried to understand the nature of the financial stress and its measures. In the context of world financial integration it was also necessary to have a review upon the financial stress transmission channels from developed to emerging countries, determining the linkages and their measures. We employed a structural VAR model to determine whether there is empirical proof of financial Stress transmission from developed to emerging countries and see if financial integration represents the decisive factor in financial stress transmission. Our results suggest that there is a significant impact of financial stress in developed countries on the output of emerging ones. However we can observe an increasing influence of country-specific factors in explaining the variation in the rest of the variable of our model. The results also indicate the level of international financial...

Due to the rapid growth of Internet technology, universities and higher educational institutions around the world are investing heavily in web-based learning systems to support their traditional teaching and to improve their students’ learning experience and performance. However, the success of an e-learning system depends on the understanding of certain antecedent factors that influence the students’ acceptance and usage of such e-learning systems. Previous research indicates that technology acceptance models and theories may not be applicable to all cultures as most of them have been developed in the context of developed countries and particularly in the U.S. So far little research has investigated the important role that social, cultural, organizational and individual factors may play in the use and adoption of the e-learning systems in the context of developing countries and more specifically there is almost absence of this type of research in Lebanon. This study aims to fill this gap by developing and testing an amalgamated conceptual framework based on Technology Acceptance Model (TAM) and other models from social psychology, such as Unified Theory of Acceptance and Use of Technology (UTAUT) and TAM2 that captures the salient factors influencing the user adoption and acceptance of web-based learning systems. This framework has been applied to the study of higher educational institutions in the context of developing as well as developed countries (e.g. Lebanon and UK). Additionally, the framework investigates the moderating effect of Hofstede’s four cultural dimensions at the individual level and a set of individual differences on the key determinants that affect the behavioural intention to use e-learning. A total of 1197 questionnaires were received from students who were using web-based learning systems at higher educational institutions in Lebanon and the UK with opposite scores on cultural dimensions. Confirmatory Factor Analysis (CFA) was used to perform reliability and validity checks, and Structural Equation Modeling (SEM) in conjunction with multi-group analysis method was used to test the hypothesized conceptual model. As hypothesized, the findings of this study revealed that perceived usefulness (PU), perceived ease of use (PEOU), subjective norms (SN), perceived quality of work Life (QWL), self-efficacy (SE) and facilitating conditions (FC) to be significant determinants of behavioural intentions and usage of e-learning system for the Lebanese and British students. QWL; the newly added variable; was found the most important factor in explaining the causal process in the model for both samples. Our findings proved that there are differences between Lebanese and British students in terms of PEOU, SE, SN, QWL, FC and AU; however no differences were detected in terms of PU and BI. The results of the MGA show that cultural dimensions as well as demographic factors had a partially moderated effect on user acceptance of e-learning. Overall, the proposed model achieves acceptable fit and explains for 68% of the British sample and 57% of the Lebanese sample of its variance which is higher than that of the original TAM. Our findings suggest that individual, social, cultural and organisational factors are important to consider in explaining students’ behavioural intention and usage of e-learning environments. The findings of this research contribute to the literature by validating and supporting the applicability of our extended TAM in the Lebanese and British contexts and provide several prominent implications to both theory and practice on the individual, organizational and societal levels.

Foreign aid as an economic policy was previously widely accepted as a way to assist least developed economies to achieve economic growth. Over the years, aid effectiveness has been questioned, whilst aid dependency has continued to rise. To assist in aid reduction, various economists have proposed aid exit strategies that countries could adopt to reduce aid dependency. However, the adoption of these strategies has been rather slow. The purpose of this study was to review and assess the current literature on the different proposed foreign aid exit strategies, in terms of their feasibility and ease of implementation, taking into account the current state of African economies. The analysis focused on the exit strategies recommended by Tandon (2008), Moyo (2009) and Fee (2012). The main finding of this study suggests that the aforementioned exit strategies are feasible, but not necessarily easy to implement, due to the limitations faced by many least developed countries. / Economics / M. Com. (Economics)

This study investigates the peer effect in the asset pricing models in the international stock market. The peer effect theory proposes a dependence between individual decisions due to interactions that create a social network structure. The idea is that we need to understand the correlation between outcomes of individuals that interact in an environment and which could lead to a homogenous pattern of movement especially on asset pricing models. We use a sample of almost 7,000 companies listed on fourteen countries from 2006 to 2016 and arrange them in four peer groups. Since the peer effect has a reflection problem, we divide our empirical models in two aspects. First, we analyze the relationship between stock return from the firm, its financial aspects and the financial aspects for the peer group using a fixed effect regressor. Then, we try to understand the relationship between stock return from a firm, the stock return from the peer firms, the financial aspects from the firm and the financial aspects for the peer group by estimating a 2SLS model with an instrumental variable. Our findings show the existence of peer effects on stock return for all the peer groups. Also, the effects are always positive regardless if we select emerging or developed markets. Moreover, there is exogenous peer effect from the characteristics of the peer firms in the stock return that depends on the indicator and the peer group. Market-to-book ratio of the peers presents a positive relationship with the stock return. As a robustness test, we re-estimate the models for two subsamples and find that the results are consistent to the previous ones. / Este estudo investiga o efeito dos pares nos modelos de precificação de ativos no mercado acionário internacional. A teoria do efeito de pares propõe uma dependência entre decisões individuais devido a interações que criam uma estrutura de rede social. A ideia é entender a correlação entre os resultados de indivíduos que interagem em um ambiente e que podem levar a um padrão de movimento homogêneo, especialmente em modelos de precificação de ativos. Utiliza-se uma amostra de quase 7.000 empresas de capital aberto em catorze países de 2006 a 2016 considerando quatro grupos de referência. Como o efeito par tem o conhecido problema de reflexão, divide-se os modelos empíricos em dois aspectos. Primeiro, analisa-se a relação entre o retorno das ações, os aspectos financeiros da firma e os aspectos financeiros do grupo de referência utilizando um modelo de efeito fixo em painel. Em seguida, busca-se entender a relação entre o retorno das ações de uma empresa, o retorno das ações das empresas pares, os aspectos financeiros de ambas, estimando um modelo 2SLS com uma variável instrumental. Os resultados mostram a existência de comovimento no retorno das ações para todos os grupos de referência. Os efeitos do retorno das ações dos pares são positivos e mais intensos para a indústria e país independentemente se se escolhe mercados emergentes ou desenvolvidos. Além disso, existe um efeito de pares exógeno a partir das características das empresas pares, principalmente para razão market-to-book, que depende do indicador financeiro e do grupo de referência. Como teste de robustez, reestimou-se os modelos para duas subamostras que mostraram resultados consistentes com os anteriores.