Thesis (J.S.D.)--Stanford University, 1997. / Includes bibliographical references (leaves 101-105). Also available online.

This thesis empirically investigates the effects of two main financial liberalisation policies namely interest rate liberalisation and capital market liberalisation on capital formation and economic growth in ten Sub-Saharan African countries for the period 1970 to 2014. The empirical analysis employs revised time series and panel estimation techniques. The time series methodology allows for structural breaks in the multiple regression analysis, unit root tests, cointegration tests as well as Granger causality tests. The panel data methodology employs both fixed effects and random effects estimation techniques. A major novelty of this thesis is that it incorporates the so-called Mundlak procedure in the panel data methodology that enables the decomposition of the effects of each of the two financial liberalisation policies on capital formation and growth into transitory effects and permanent effects. Overall, the time series results provide evidence of mixed effects. Although, interest rate liberalisation and capital market liberalisation have significant positive short run effects on capital formation and economic growth in majority of the countries, there is evidence that the long run effects of both liberalisation policies are insignificant. The Mundlak decomposition provides evidence that the transitory effect of interest rate liberalisation is to boost capital formation and economic growth, and that capital market liberalisation tends to be insignificant to capital formation and growth in the short run. The Mundlak decomposition also provides evidence that both interest rate liberalisation and capital market liberalisation have a permanent effect on economic growth, but the permanent effect of both liberalisation policies on capital formation is insignificant. On the balance of evidence, there is an indication that the introduction of both financial liberalisation policies may not be as beneficial as the World Bank and the International Monetary Fund claim and may not be a safe road to capital formation and growth, at least in the Sub-Saharan African region.

After the cold war, the world situation has already changed drastically. The development of economic in Vietnam and China are also changing by time. In order to develop national economy and improve the living standard of the people, Vietnam and China implemented a lot of economic reform policies. These policies included opened to outside world, promoted industrial modernization, and attraction of foreign direct investment etc, and the two countries¡¦ economy have become better during several years. But because of Vietnam¡¦ reformation implemented later than that in China, her investment environment and policy is incomplete, especially the ratio of reward of foreign investments implementing direct investment were not high, the foreign investments turned into China. Therefore, my focus on the research and comparison the policy difference investment environment and FDI in Vietnam and China. I am trying to find the reason why the foreign investment China much more than in Vietnam? Why China¡¦s investment environment is much more better than in Vietnam? What is the difference from the policies of attraction of FDI in the two countries? Eventually, how the two countries¡¦ economic development in the future?

Thesis (Ph. D.)--University of Missouri-Columbia, 2001. / Typescript. Vita. Includes bibliographical references (leaves 112-118). Also available on the Internet.

Thesis (Ph. D.)--University of Missouri-Columbia, 2001. / Typescript. Vita. Includes bibliographical references (leaves 112-118). Also available on the Internet.

Thesis (Ph. D.)--Carleton University, 2002. / Includes bibliographical references (p. 84-87). Also available in electronic format on the Internet.

Thesis (Ph. D.)--University of Massachusetts, Amherst, 2004. / Includes bibliographical references (leaves 174-194).

This thesis studies the impact of labor markets on economic growth in both developed and developing countries and China's urbanization, by formalizing dual labor market characteristics and China's Hukou system in two theoretical models. The first is a unified growth model in an open economy environment that captures dual labor market characteristics. The mechanism involves economic growth driven by capital accumulation in the country with Lewisian labor market leading to increasing labor participation at a near constant wage. The model shows that surplus labor plays a critical role in explaining different economic growth paths and structural changes in developing and developed countries, such as China and the US. The second is a dynamic general equilibrium model with endogenous rural-urban migration to analyze the provision of rural and urban government services in China, with special emphasis on the role of the household registration (Hukou) system in shaping its urbanization process. It argues that China’s urban bias policy, which is enabled by the Hukou system restricting rural-urban migration, did not necessarily reduce economic efficiency, rather it might have only raised urban welfare at the expense of rural residents. As the Hukou system also ties people to particular geographical locations, our model argues that China's continuous bias towards coastal and big cities has started to cause economic inefficiency as well as inequality. It suggests that progressive Hukou reform reducing barriers to cross-region migration would improve economic efficiency and welfare.

This paper examines the phenomenon of economic nationalism within market interactions of different economic models of governance in the European Union. The first section offers a retrospective of economic nationalism interpretations at different periods of time, with a focus on the past century. It also introduces the reader to new forms of economic nationalism, particular for the European integration context and which ultimately represent the subject of this paper. Next the study focuses on the particularities of the European economic model and its relation to state interventionism. It also attempts to identify EU's mandate of action and instruments in this direction, with a special attention to the key economic sectors and dominant forms of interventionism. The last chapter provides a closer look at national regulatory traditions of three economic models: British, German and French and traces approaches to economic nationalism within these distinct models of economic governance.

This work is trying to establish and answer three questions about the concept of Intermarium: Which concepts of the Intermarium that were formed in the past, are still relevant in modern geopolitical circumstances? What political conditions force the country to become a potential participant of the Intermarium? What minimal number of countries is sufficient enough for membership in the Intermarium to provide its effective activity in the political arena? The questions are answered through the implementation of a comparative method. The chosen method is applied to the selected states of the specified region on the basis of two selected cases that correspond to analogical situations in the history of these countries and resulted in the birth of the concept of the Intermarium as one of the possibilities for solving the political crisis in the historical period, which is chosen for the case. This work with case studies will allow the researcher to obtain a high level of conceptual validity as well as to evaluate the indicators that fully explain the theoretical concepts. Since certain internal and external factors such as political system, political culture, state power, economic independence, defensive capabilities, cultural and historical mentality, membership in international organizations are...