Category Archives: Economy

Employees at ‘Green’ Companies are Significantly more Productive, Study Finds

Bucking the idea that environmentalism hurts economic performance, a new UCLA-led study has found that companies that voluntarily adopt international “green” practices and standards have employees who are 16 percent more productive than the average. (more…)

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How Technology is Changing Kenya

It is not often you think about how technology can affect an entire country, but the upsurge of affordable smart phones and portable internet have made a huge impact on the everyday lives on Kenyans. Not only do people now have access to things around the world, but they also have educational and health opportunities they have never had before. The idea of using smart phones as makeshift computers is nothing new, especially in developing countries. Where the income is limited, a smartphone can be a costly expense. However, having access to current technology will allow Kenyans to expand and grow in the world economy. To that end, here are some examples of improvements that new technology has had in the lives of Kenyans: (more…)

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National Deficit Outlook Unchanged Under Obama: UMD Policy Analysis

Public Policy’s Philip Joyce Offers Election Policy Fact Check

COLLEGE PARK, Md. – From a public policy point of view, the national debt accumulation since President Obama took office is largely a result of policies put in place prior to his inauguration, says a new analysis by University of Maryland expert Philip Joyce. He adds that Obama’s policies will make little impact in the debt over the next decade.

“The best that can be said about presidential fiscal policies thus far is that they would slow the bleeding, but they neither would stop it nor would they do much to heal the patient,” Joyce says.

The size of the debt has been one of the biggest issues of the presidential campaign, with Republicans arguing that the President has allowed the debt to rise out of control and Obama saying that he inherited the policies that led to an increase in debt and deficits. (more…)

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Witch Hunts Targeted by Grassroots Women’s Groups

EAST LANSING, Mich. — Witch hunts are common and sometimes deadly in the tea plantations of Jalpaiguri, India. But a surprising source – small groups of women who meet through a government loan program – has achieved some success in preventing the longstanding practice, a Michigan State University sociologist found.

Soma Chaudhuri spent seven months studying witch hunts in her native India and discovered that the economic self-help groups have made it part of their agenda to defend their fellow plantation workers against the hunts. (more…)

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New Report Reveals Food, Water Disparities along U.S.-Mexico Border

A UA study has found poverty, water scarcity, food insecurity and interdependence between the United States and Mexico along the border.

The U.S.-Mexico border is the border in the world with the greatest disparity in access to food and water needed for human survival, according to a report commissioned and published by the Southwest Center at the University of Arizona.

An endowment from the Kellogg Foundation and a UA Confluencenter for Creative Inquiry grant supported the study and its focus on assessing transborder food systems to understand water scarcity and food insecurity within the borderlands region.

The report underscores how in the globalized economy, Arizona and the rest of the United States rely on the skilled labor, water, fresh produce, fish, shellfish and livestock originating in northern Mexico; while in Mexico, the population is increasingly dependent upon frozen and processed foods originating in the United States. (more…)

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Beliefs Drive Investors More than Preferences, Study Finds

COLUMBUS, Ohio – If experts thought they knew anything about individual investors, it was this: their emotions lead them to sell winning stocks too soon and hold on to losers too long.

But new research casts doubt on this widely held theory that individual investors’ decisions are driven mainly by their feelings toward losses and gains. In an innovative study, researchers found evidence that individual investors’ decisions are primarily motivated by their beliefs about a stock’s future. (more…)

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Financial Crisis to Blame for Increased Suicides in Italy

ANN ARBOR, Mich.— The global financial crisis has contributed to an increase in the rates of suicide and attempted suicide for economic reasons in Italy, new research shows.

A team of researchers, co-led by Roberto De Vogli, associate professor of health behavior and health education at the University of Michigan School of Public Health,

looked at data from 2000-10 and found an increase in suicides and attempted suicides for economic reasons during the entire period. (more…)

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