Even under optimistic assumptions about the rate of urbanization and growth of non-farm employment, agriculture will still be the main source of livelihood for the majority of Africans for at least the next several decades (Losch 2012). Non-farm wage jobs in Sub-Saharan Africa will be able to...

This study examines how extreme weather in the context of on-going economic shocks influence regional inequality and polarization within Mozambique. Utilizing satellite-based estimates of rainfall that we spatially analyze within a GIS, we establish a 16-year rainfall climatology and calculate...

Over the past two decades public investment analysis has increased considerably, both in theory and practice. This can be observed from the vast amount of literature which is now available in this field compared to the interwar period, and the use being made of benefit cost analysis and other...

Economic planning is undertaken in the belief that development can be brought about or accelerated by government intervention. Referring to the countries of South Asia, Myrdal points out that these countries have long remained in a state of relative stagnation, and that "a strong impetus is...

Islamic banking is a relatively new and rapidly growing phenomenon, particularly in the Muslim world. Islamic banking prohibits all kinds of financial transactions based on interest. Its primary approach to financing is the mudaraba profit-loss contract, where the financing partner, the bank,...

Municipal bonds have recently been of national interest and Michigan’s strained economy over the past decade has made bond issuance in the state of particular interest to a variety of stakeholders. Given the close connection between municipal bonds and property taxes, the fall-off in the...

This paper focuses on differentials between rental and owner costs as a primary determinant of local homeownership. In simultaneous equations to estimate the separate effects of owner cost and rent on homeownership rates, the control variables are various household and geographical factors...

In the appendix to this paper an overview of Michigan economic incentive legislation is presented (MSU Ag Econ Staff paper No. 79-79). This described Michigan's economic incentive program without conducting an analysis of the consequences of the program. The purpose of the following discussion...

This report summarizes the financial and production records of 18 dairy farms across the Upper Peninsula (UP) of Michigan. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State...