http://muse.jhu.edu/journals/journal_of_developing_areas Project MUSE®: Latest articles in The Journal of Developing Areas. daily 1 2013-04-11T00:05:02-05:00 text/html en-US The Johns Hopkins University Press Vol. 37 (2003) through current issue Latest Articles: The Journal of Developing Areas Economics TWO Project MUSE® The Journal of Developing Areas 1548-2278 0022-037X Latest articles in The Journal of Developing Areas. Feed provided by Project MUSE® http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.lash.html <p>By Nicholas A. Lash, Bala Batavia</p> Corruption is prevalent throughout the world. The anti-corruption agency, Transparency International has devised the Corruption Perceptions Index. According to this index in 2010, of 178 countries, 57 (32 %) had “serious” corruption and, even worse, 73 (41 %) had “rampant” corruption. Empirical evidence, however, has shown that corruption has numerous negative economic effects such as slowing economic growth (Mo 2001, Mauro 1997) reducing both the amount and productivity of investment (Mauro 1995, 1997; Keefer and Knack 1995, Tanzi and Davoodi 1997), and discouraging foreign direct investment (Alesina and Weder 1999, Wei 2000). Corruption may also stifle innovation because entrepreneurs may require government ... <a href="http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.lash.html">Read More</a> Project MUSE® http://muse.jhu.edu/ 2013-04-11T00:05:02-05:00 Government Economic Intervention and Corruption 2013-04-10 text/html en-US The Johns Hopkins University Press Government Economic Intervention and Corruption Corruption 2013-04-10 2013 TWO Project MUSE® 0 2013-04-10T00:00:00-05:00 2013-04-10 http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.fowowe.html <p>By Babajide Fowowe</p> Fiscal incentives have been in existence in Nigeria since the Colonial era in 1949 and they are still very much on the agenda of the government. There have been recent efforts at introducing more fiscal incentives and this is evident from the fact that between 2007 and 2010, three different technical committees have been constituted by the Ministry of Finance to review the existing system of incentives and recommend additional incentives to attract investment. Thus, it can be deduced that fiscal incentives will still feature on the Nigerian investment climate for years to come. This is interesting because among other things, there is no agreement about the efficacy of incentives. Indeed there have been ... <a href="http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.fowowe.html">Read More</a> Project MUSE® http://muse.jhu.edu/ 2013-04-11T00:05:02-05:00 Do Fiscal Incentives Promote Investment? Empirical Evidence from Nigeria 2013-04-10 text/html en-US The Johns Hopkins University Press Do Fiscal Incentives Promote Investment? Empirical Evidence from Nigeria Industrial promotion 2013-04-10 2013 TWO Project MUSE® 0 2013-04-10T00:00:00-05:00 2013-04-10 http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.abdel-baki.html <p>By Monal Abdel-Baki</p> Whilst most emerging economies have adequately weathered the global financial crisis (GFC), the protracted impact on youth unemployment has proved quite detrimental. Soaring food prices are also exerting additional pressures on the lowermost socioeconomic groups of these nations, hence raising concerns of looming social hazards and political instability (Boorman, 2009). In actuality, these two factors have fed into deepening the apprehension of scholars and policymakers of the populous emerging world, especially in the wake of the Egyptian Revolution of 2011. Since the escalating anti-government demonstrations raised fears of contagion among other developing and emerging nations, governments were alerted to the ... <a href="http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.abdel-baki.html">Read More</a> Project MUSE® http://muse.jhu.edu/ 2013-04-11T00:05:02-05:00 How Can Bank Reforms Assuage Socioeconomic Ordeals in Emerging Economies? Lessons for Egypt from the Turkish Experience 2013-04-10 text/html en-US The Johns Hopkins University Press How Can Bank Reforms Assuage Socioeconomic Ordeals in Emerging Economies? Lessons for Egypt from the Turkish Experience Banks and banking 2013-04-10 2013 TWO Project MUSE® 0 2013-04-10T00:00:00-05:00 2013-04-10 http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.kagochi.html <p>By John M. Kagochi, Omar M. Al Nasser, Ellene Kebede</p> Many factors including internal government policies, political stability, domestic capital formation, development of human capital, banking infrastructure, export policies, foreign direct investment, and foreign aid influence the country’s economic growth and provide the most profound platform for economic development. However, for the vast majority of the developing countries especially in sub-Saharan Africa (SSA), these factors are yet to be realized with a majority of their population living in meager subsistence levels (Neelankavil, Stevens, and Roman, 2009). The way forward out of economic stagnation for these countries continues to occupy the work of scholars and other stake holders alike. The role ... <a href="http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.kagochi.html">Read More</a> Project MUSE® http://muse.jhu.edu/ 2013-04-11T00:05:02-05:00 Does Financial Development Hold the Key to Economic Growth? The Case Of Sub-Saharan Africa 2013-04-10 text/html en-US The Johns Hopkins University Press Does Financial Development Hold the Key to Economic Growth? The Case Of Sub-Saharan Africa Economic development 2013-04-10 2013 TWO Project MUSE® 0 2013-04-10T00:00:00-05:00 2013-04-10 http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.salahuddin.html <p>By Mohammad Salahuddin, Shahjahan Khan</p> The 2009 United Nations Climate Change Conference is the latest reference on global efforts toward climate change mitigation initiatives. (de Freitas and Kaneko, 2011). The increasing threat of global warming and climate change has been a major ongoing concern during the last two decades. The ever increasing amount of carbon dioxide emission- the dominant contributor to the greenhouse effect seems to be aggravating this problem. Among the greenhouse gases, carbon dioxide is responsible for more than 60% of the greenhouse effect (Ozturk and Acaravci, 2010). Thus the impacts of global warming and climate change on the world economy have been assessed intensively by researchers both in developing and developed ... <a href="http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.salahuddin.html">Read More</a> Project MUSE® http://muse.jhu.edu/ 2013-04-11T00:05:02-05:00 Empirical Link Between Economic Growth, Energy Consumption and CO2 Emission in Australia 2013-04-10 text/html en-US The Johns Hopkins University Press Empirical Link Between Economic Growth, Energy Consumption and CO2 Emission in Australia Atmospheric carbon dioxide 2013-04-10 2013 TWO Project MUSE® 0 2013-04-10T00:00:00-05:00 2013-04-10 http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.cantavella-jorda.html <p>By Manuel Cantavella-Jordá, Carlos Guerra</p> Most of the empirical work on foreign trade relationships has been addressed to less developing countries. However, insignificant attention has been paid to a country like Cuba. It is true that the Cuban economy is marginal in the world economy (0.09 percent of gross domestic product in 2007 according to CEPAL, Comisión Económica para América Latina), but probably more important is the lack of official data on some macroeconomic variables what it makes it difficult, more often than not, to undertake economic research on this country. The idea of this research is to examine the external sector of tobacco in Cuba. More specifically, we contrast the hypothesis about to what extent estimates of income and ... <a href="http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.cantavella-jorda.html">Read More</a> Project MUSE® http://muse.jhu.edu/ 2013-04-11T00:05:02-05:00 A Demand for Cuban Tobacco Exports 2013-04-10 text/html en-US The Johns Hopkins University Press A Demand for Cuban Tobacco Exports Cuba 2013-04-10 2013 TWO Project MUSE® 0 2013-04-10T00:00:00-05:00 2013-04-10 http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.kabubo-mariara.html <p>By Jane Kabubo-Mariara, Abdelkrim Araar, Jean-Yves Duclos</p> We explore in this paper the normative and informational interest of considering the distribution of children’s well-being from a multidimensional perspective. We do this in the context of a developing country, Kenya, where child mortality rates have remained high in spite of the government’s commitment to create an enabling environment for the reduction of child mortality levels. There has been an important historical contrast in Kenya between the trends in mortality rates of the last two decades and those of the 1960s to the early 1980s. Between 1960 and 1980, Kenya enjoyed impressive and sustained falls in under-five mortality rates, partly attributable to the favorable macroeconomic environment that spurred ... <a href="http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.kabubo-mariara.html">Read More</a> Project MUSE® http://muse.jhu.edu/ 2013-04-11T00:05:02-05:00 Multidimensional Poverty and Child Well-Being in Kenya 2013-04-10 text/html en-US The Johns Hopkins University Press Multidimensional Poverty and Child Well-Being in Kenya Children 2013-04-10 2013 TWO Project MUSE® 0 2013-04-10T00:00:00-05:00 2013-04-10 http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.giannias.html <p>By Dimitrios A Giannias, Eleni Sfakianaki</p> This paper puts forward a theoretical framework for regional classifications and rankings based on the development of environmental indices. This framework can be used to classify European Union countries according to the extent to which they are influenced by supply-side (producer) and demand-side (consumer) responses to their specific bundle of economic and environmental attributes. This kind of classification is useful because it provides information about the relative attractiveness to producers and consumers of the combination of economic and environmental attributes indigenous to each region. It, therefore, has implications for the design and focus of the regional and environmental policies of the European ... <a href="http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.giannias.html">Read More</a> Project MUSE® http://muse.jhu.edu/ 2013-04-11T00:05:02-05:00 Regional and Environmental Classifications of the 27 EU Countries 2013-04-10 text/html en-US The Johns Hopkins University Press Regional and Environmental Classifications of the 27 EU Countries Quality of life 2013-04-10 2013 TWO Project MUSE® 0 2013-04-10T00:00:00-05:00 2013-04-10 http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.ferre.html <p>By Zuleika Ferre, Mariana Gerstenblüth, Máximo Rossi, Patricia Triunfo</p> Concerns on teenage motherhood come from various perspectives, such as sanitary, demographic and economic. In the case of Uruguay, as indicated by several authors, teenage motherhood might be partly responsible for the spread of poverty and social deterioration (Varela, 1998, 1999, 2004, 2007; Peri and Pardo, 2006). In fact, the poorest families and the less educated are beginning their reproductive cycle earlier and have the highest fertility rates (Hobcraft and Kiernan, 2001). In turn, the younger the age of the mother in having her first child, the faster the family growth in the short term (number of children at the same mothers’ age), the higher the fertility rate (greater number of children), and the faster ... <a href="http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.ferre.html">Read More</a> Project MUSE® http://muse.jhu.edu/ 2013-04-11T00:05:02-05:00 The Impact of Teenage Childbearing on Educational Outcomes 2013-04-10 text/html en-US The Johns Hopkins University Press The Impact of Teenage Childbearing on Educational Outcomes Teenage pregnancy 2013-04-10 2013 TWO Project MUSE® 0 2013-04-10T00:00:00-05:00 2013-04-10 http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.khan.html <p>By Rana Ejaz Ali Khan, Qazi Muhammad Adnan Hye</p> In developed countries, the demand for narrow and broad money has become temporally unstable after continuous changes in the financial sector due to financial reforms1. Generally, the reforms increase the competition, introduce additional money substitutes, enhance the use of credit cards and electronic money transfers, increase liquidity of the time deposits and raise the international capital mobility which may make the demand for money function instable. Consequently central banks of many developed economies have abandoned money supply as a policy instrument because it makes difficult to predict demand for money with a temporally unstable function. Furthermore, the use of bank rate as the policy instrument has ... <a href="http://muse.jhu.edu/journals/journal_of_developing_areas/v047/47.2.khan.html">Read More</a> Project MUSE® http://muse.jhu.edu/ 2013-04-11T00:05:02-05:00 Financial Liberalization and Demand for Money: A Case of Pakistan 2013-04-10 text/html en-US The Johns Hopkins University Press Financial Liberalization and Demand for Money: A Case of Pakistan Demand for money 2013-04-10 2013 TWO Project MUSE® 0 2013-04-10T00:00:00-05:00 2013-04-10