Universities as Engines of Development

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Shubha Ghosh
Keyword(s):  
United States ◽  
South Africa ◽  
Human Capital ◽  
Economic Development ◽  
Property Rights ◽  
The United States ◽  
University Research ◽  
Law And Development ◽  
Is Research ◽  
Economic Development And Growth

Abstract The Bayh–Dole Act was enacted in the United States in 1980 to promote economic development and growth at regional and national levels. A key engine is research generated within universities. This article addresses the question of how universities can serve as engines of development. Drawing on Cooter and Shaeffer’s work on law and development, specifically what they call the double trust problem, this article shows how the Bayh–Dole Act was justified as resolving the double trust problem arising from lack of property rights in university research. This article presents the argument that this goal of the Bayh–Dole Act ignores how universities solve another dimension of the double trust problem, namely the generation of human capital. The author examines the theoretical justifications for the Bayh–Dole Act and universities and the empirical policy literature assessing university patenting and commercialization in the United States, South Africa, and India.

Law and Development in the United States

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Yong-Shik Lee
Keyword(s):  
United States ◽  
Developing Countries ◽  
Economic Development ◽  
Developed Countries ◽  
The United States ◽  
Economic Conditions ◽  
Law And Development ◽  
Economic Problems ◽  
The Third World ◽  
Unexpected Outcome

Abstract Economic development is the term that has been associated with less developed countries in the Third World (“developing countries”), not the economically advanced countries (“developed countries”), such as the United States. However, the changing economic conditions in recent decades, such as the widening income gaps among individual citizens and regions within developed countries, stagnant economic growth deepening economic polarization, and an institutional incapacity to deal with these issues, render the concept of economic development relevant to the assessment of the economic problems in developed countries. In the United States, these economic problems caused a significant political consequence such as the unexpected outcome of the presidential election in 2016. This article examines the applicability of the legal and institutional approaches, which were originally adopted to stimulate economic development in successful developing countries, to the economic problems in the United States.

scholarly journals In the Name of the Son (and the Daughter): Intergenerational Mobility in the United States, 1850 –1940

2015 ◽  
Vol 105 (8) ◽  
pp. 2695-2724 ◽  
Author(s):  
Claudia Olivetti ◽  
M. Daniele Paserman
Keyword(s):  
United States ◽  
Nineteenth Century ◽  
Socioeconomic Status ◽  
Human Capital ◽  
Economic Development ◽  
Marriage Market ◽  
The United States ◽  
Regional Disparities ◽  
Development Trends

This paper estimates historical intergenerational elasticities between fathers and children of both sexes in the United States using a novel empirical strategy. The key insight of our approach is that the information about socioeconomic status conveyed by first names can be used to create pseudo-links across generations. We find that both father-son and father-daughter elasticities were flat during the nineteenth century, increased sharply between 1900 and 1920, and declined slightly thereafter. We discuss the role of regional disparities in economic development, trends in inequality and returns to human capital, and the marriage market in explaining these patterns. (JEL D63, J12, J16, J24, J62, N31, N32)

scholarly journals All In: The Urban Mission

2020 ◽  
Vol 31 (2) ◽  
pp. 3-6
Author(s):  
Nyeema Watson ◽  
Jennifer Johnson Kebea
Keyword(s):  
United States ◽  
South Africa ◽  
Economic Development ◽  
The United States ◽  
Annual Conference ◽  
Urban Mission ◽  
Metropolitan Universities

The Coalition of Urban and Metropolitan Universities (CUMU) celebrated its 25th annual conference in October 2019. Convening in Philadelphia PA, this conference was the largest for CUMU to date, selling out weeks in advance and drawing representatives from across the United States, Canada, and South Africa. With the theme of “All In: The Urban Mission”, attendees gathered purposefully to examine how universities are striving to intentionally align their goals with the priorities of their host cities to affect desired change, drive economic development and inclusion, and address issues of shared importance.

scholarly journals Occupational Safety and Health of Coal Mine Workers in Kenya: Filling the Lacuna in the Law

2016 ◽  
Vol 1 (2) ◽  
pp. 119-139
Author(s):  
Ikoha Muhindi
Keyword(s):  
United States ◽  
South Africa ◽  
Economic Development ◽  
Best Practices ◽  
Coal Mine ◽  
Occupational Safety ◽  
Mineral Resources ◽  
The United States ◽  
Occupational Safety And Health ◽  
Safety And Health

Mining is essential in the economic development of any country endowed with mineral resources. In Kenya, for instance, one block of coal in the Mui Basin has enough coal to bring in KES. 3.4 trillion into the economy. However, disasters such as the Monongah disaster in a coal mine in the United States have resulted in the loss of lives of numerous workers. It is therefore important to ensure the enactment of legislation safeguarding these workers. This article seeks to assess the extent to which the Occupation Safety and Health Act safeguards these concerns in Kenya. It also undertakes a brief comparative study of the best practices employed in Australia and South Africa in safeguarding the safety and health of workers in coal mines. Finally, the article makes recommendations on how Kenya can follow suit and adopt various aspects of the legislations from these jurisdictions.

Alexander Hamilton and the Early Republic in Edwardian Imperial Thought

2019 ◽  
Vol 12 (1) ◽  
pp. 28-50 ◽  
Author(s):  
Patrick M. Kirkwood
Keyword(s):  
United States ◽  
South Africa ◽  
Early Republic ◽  
The United States ◽  
Alexander Hamilton ◽  
George Washington ◽  
American Federation ◽  
Treaty Of Versailles ◽  
The Federalist ◽  
The Federalist Papers

In the first decade of the twentieth century, a rising generation of British colonial administrators profoundly altered British usage of American history in imperial debates. In the process, they influenced both South African history and wider British imperial thought. Prior usage of the Revolution and Early Republic in such debates focused on the United States as a cautionary tale, warning against future ‘lost colonies’. Aided by the publication of F. S. Oliver's Alexander Hamilton (1906), administrators in South Africa used the figures of Hamilton and George Washington, the Federalist Papers, and the drafting of the Constitution as an Anglo-exceptionalist model of (modern) self-government. In doing so they applied the lessons of the Early Republic to South Africa, thereby contributing to the formation of the Union of 1910. They then brought their reconception of the United States, and their belief in the need for ‘imperial federation’, back to the metropole. There they fostered growing diplomatic ties with the US while recasting British political history in-light-of the example of American federation. This process of inter-imperial exchange culminated shortly after the signing of the Treaty of Versailles when the Boer Generals Botha and Smuts were publicly presented as Washington and Hamilton reborn.

Anne O. Krueger, Constantine Michalopoulos and Vernon W. Ruttan. Aid and Development. Baltimore: The Johns Hopkins University Press. 1989. xiv + 386 pp.Price: U.S. $ 52.00

1991 ◽  
Vol 30 (2) ◽  
pp. 213-217
Author(s):  
Mir Annice Mahmood
Keyword(s):  
United States ◽  
Economic Development ◽  
International Development ◽  
Western Europe ◽  
Development Assistance ◽  
The United States ◽  
Social Infrastructure ◽  
Low Literacy ◽  
The Subject ◽  
The Impact

Foreign aid has been the subject of much examination and research ever since it entered the economic armamentarium approximately 45 years ago. This was the time when the Second World War had successfully ended for the Allies in the defeat of Germany and Japan. However, a new enemy, the Soviet Union, had materialized at the end of the conflict. To counter the threat from the East, the United States undertook the implementation of the Marshal Plan, which was extremely successful in rebuilding and revitalizing a shattered Western Europe. Aid had made its impact. The book under review is by three well-known economists and is the outcome of a study sponsored by the Department of State and the United States Agency for International Development. The major objective of this study was to evaluate the impact of assistance, i.e., aid, on economic development. This evaluation however, was to be based on the existing literature on the subject. The book has five major parts: Part One deals with development thought and development assistance; Part Two looks at the relationship between donors and recipients; Part Three evaluates the use of aid by sector; Part Four presents country case-studies; and Part Five synthesizes the lessons from development assistance. Part One of the book is very informative in that it summarises very concisely the theoretical underpinnings of the aid process. In the beginning, aid was thought to be the answer to underdevelopment which could be achieved by a transfer of capital from the rich to the poor. This approach, however, did not succeed as it was simplistic. Capital transfers were not sufficient in themselves to bring about development, as research in this area came to reveal. The development process is a complicated one, with inputs from all sectors of the economy. Thus, it came to be recognized that factors such as low literacy rates, poor health facilities, and lack of social infrastructure are also responsible for economic backwardness. Part One of the book, therefore, sums up appropriately the various trends in development thought. This is important because the book deals primarily with the issue of the effectiveness of aid as a catalyst to further economic development.

Comparative analysis of the trade policy of Barack Obama and Donald Trump

2020 ◽  
pp. 59-71
Author(s):  
V. Iordanova ◽  
A. Ananev
Keyword(s):  
United States ◽  
Economic Development ◽  
Comparative Analysis ◽  
Trade Policy ◽  
World Economy ◽  
The United States ◽  
Barack Obama ◽  
Scientific Article ◽  
Donald Trump ◽  
Entire World

The authors of this scientific article conducted a comparative analysis of the trade policy of US presidents Barack Obama and Donald Trump. The article states that the tightening of trade policy by the current President is counterproductive and has a serious impact not only on the economic development of the United States, but also on the entire world economy as a whole.

Global Power Shift

2017 ◽  
Author(s):  
Roberts Cynthia ◽  
Leslie Armijo ◽  
Saori Katada
Keyword(s):  
United States ◽  
South Africa ◽  
Data Analysis ◽  
The United States ◽  
Rising Powers ◽  
Extensive Data ◽  
Power Shift ◽  
Multiple Dimensions ◽  
Global Power ◽  
Rise Of China

This chapter evaluates multiple dimensions of the global power shift from the incumbent G5/G7 powers to the rising powers, especially the members of the BRICS (Brazil, Russia, India, China, and South Africa). Taking note of alternative conceptualizations of interstate “power,” the text maps the redistribution of economic capabilities from the G7 to the BRICS, most particularly the relative rise of China and decline of Japan, and especially Europe. Given these clear trends in measurable material capabilities, the BRICS have obtained considerable autonomy from outside pressures. Although the BRICS’ economic, financial, and monetary capabilities remain uneven, their relative positions have improved steadily. Via extensive data analysis, the chapter finds that whether one examines China alone or the BRICS as a group, BRICS members have achieved the necessary capabilities to challenge the global economic and financial leadership of the currently dominant powers, perhaps even the United States one day.

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