|
Caroline Freund
Caroline L. Freund is an American economist who is currently the dean of UC San Diego School of Global Policy and Strategy, University of California San Diego’s School of Global Policy and Strategy (GPS). She was Director of Trade, Regional Integration and Investment Climate at the World Bank and a Senior Fellow at the Peterson Institute for International Economics since 2013, a position from which she is on leave. Education and work Freund graduated from Bowdoin College with a Bachelor of Arts in Mathematics and Economics in 1988. She received her Ph.D. in Economics from Columbia University in 1997. Freund is a student of Jagdish Bhagwati at Columbia University. Prior to receiving her doctorate, she joined the Peace Corps in Ghana for two years, teaching math in a village school near the town of Kumasi. Besides her fellowship with the Peterson Institute for International Economics and recent position with the World Bank, Freund has served in three previous roles with the W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regionalism (politics)
Regionalism is a political ideology that seeks to increase the political power, influence, and/or self-determination of the people of one or more subnational regions. It focuses on the "development of a political or social system based on one or more" regions and/or the national, normative or economic interests of a specific region, group of regions or another subnational entity, gaining strength from or aiming to strengthen the "consciousness of and loyalty to a distinct region with a homogeneous population", similarly to nationalism. More specifically, "regionalism refers to three distinct elements: movements demanding territorial autonomy within unitary states; the organization of the central state on a regional basis for the delivery of its policies including regional development policies; political decentralization and regional autonomy". Regions may be delineated by administrative divisions, culture, language and religion, among others. Regionalists' demands occur in "stron ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2012 United States Presidential Election
The 2012 United States presidential election was the 57th quadrennial presidential election, held on Tuesday, November 6, 2012. Incumbent Democratic President Barack Obama and his running mate, incumbent Vice President Joe Biden, were re-elected to a second term. They defeated the Republican ticket of businessman and former Governor Mitt Romney of Massachusetts and Representative Paul Ryan of Wisconsin. As the incumbent president, Obama secured the Democratic nomination without serious opposition. The Republicans experienced a competitive primary. Romney was consistently competitive in the polls and won the support of many party leaders, but he faced challenges from a number of more conservative contenders. Romney secured his party's nomination in May, defeating former Senator Rick Santorum, former Speaker of the House Newt Gingrich, and Texas congressman Ron Paul, among other candidates. The campaigns focused heavily on domestic issues, and debate centered largely ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republican Party (United States)
The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the two major contemporary political parties in the United States. The GOP was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act, which allowed for the potential expansion of chattel slavery into the western territories. Since Ronald Reagan's presidency in the 1980s, conservatism has been the dominant ideology of the GOP. It has been the main political rival of the Democratic Party since the mid-1850s. The Republican Party's intellectual predecessor is considered to be Northern members of the Whig Party, with Republican presidents Abraham Lincoln, Rutherford B. Hayes, Chester A. Arthur, and Benjamin Harrison all being Whigs before switching to the party, from which they were elected. The collapse of the Whigs, which had previously been one of the two major parties in the country, strengthened the party's electoral success. Upon its founding, it supported c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2016 United States Presidential Election
The 2016 United States presidential election was the 58th quadrennial presidential election, held on Tuesday, November 8, 2016. The Republican ticket of businessman Donald Trump and Indiana governor Mike Pence defeated the Democratic ticket of former secretary of state and First Lady of the United States Hillary Clinton and the United States senator from Virginia Tim Kaine, in what was considered a large upset. Trump took office as the 45th president, and Pence as the 48th vice president, on January 20, 2017. It was the fifth and most recent presidential election in which the winning candidate lost the popular vote. It was also the sixth presidential election, and the first since 1944, in which both major party candidates were registered in the same home state. Per the Twenty-second Amendment to the United States Constitution, then-incumbent president Barack Obama was ineligible to seek a third term. Clinton defeated self-described democratic socialist Senator Ber ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Median
In statistics and probability theory, the median is the value separating the higher half from the lower half of a data sample, a population, or a probability distribution. For a data set, it may be thought of as "the middle" value. The basic feature of the median in describing data compared to the mean (often simply described as the "average") is that it is not skewed by a small proportion of extremely large or small values, and therefore provides a better representation of a "typical" value. Median income, for example, may be a better way to suggest what a "typical" income is, because income distribution can be very skewed. The median is of central importance in robust statistics, as it is the most resistant statistic, having a breakdown point of 50%: so long as no more than half the data are contaminated, the median is not an arbitrarily large or small result. Finite data set of numbers The median of a finite list of numbers is the "middle" number, when those numbers are list ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Endogeneity (econometrics)
In econometrics, endogeneity broadly refers to situations in which an explanatory variable is correlated with the error term. The distinction between endogenous and exogenous variables originated in simultaneous equations models, where one separates variables whose values are determined by the model from variables which are predetermined; ignoring simultaneity in the estimation leads to biased estimates as it violates the exogeneity assumption of the Gauss–Markov theorem. The problem of endogeneity is often ignored by researchers conducting non-experimental research and doing so precludes making policy recommendations. Instrumental variable techniques are commonly used to address this problem. Besides simultaneity, correlation between explanatory variables and the error term can arise when an unobserved or omitted variable is confounding both independent and dependent variables, or when independent variables are measured with error. Exogeneity versus endogeneity In a sto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gravity Model Of Trade
The gravity model of international trade in international economics is a model that, in its traditional form, predicts bilateral trade flows based on the economic sizes and distance between two units. Research shows that there is "overwhelming evidence that trade tends to fall with distance." The model was first introduced in economics world by Walter Isard in 1954. The basic model for trade between two countries (''i'' and ''j'') takes the form of : F_ = G \cdot \frac. In this formula G is a constant, F stands for trade flow, D stands for the distance and M stands for the economic dimensions of the countries that are being measured. The equation can be changed into a linear form for the purpose of econometric analyses by employing logarithms. The model has been used by economists to analyse the determinants of bilateral trade flows such as common borders, common languages, common legal systems, common currencies, common colonial legacies, and it has been used to test the effective ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belt And Road Initiative
The Belt and Road Initiative (BRI, or B&R), formerly known as One Belt One Road ( zh, link=no, 一带一路) or OBOR for short, is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 150 countries and international organizations. It is considered a centerpiece of the Chinese leader Xi Jinping's foreign policy. The BRI forms a central component of Xi's "Major Country Diplomacy" ( zh, 大国外交) strategy, which calls for China to assume a greater leadership role for global affairs in accordance with its rising power and status. It has been compared to the American Marshall Plan. , 149 countries were listed as having signed up to the BRI. Xi originally announced the strategy as the "Silk Road Economic Belt" during an official visit to Kazakhstan in September 2013. "Belt" is short for the " Silk Road Economic Belt," referring to the proposed overland routes for road and rail transportation through landlocked Central A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multilateralism
In international relations, multilateralism refers to an alliance of multiple countries pursuing a common goal. Definitions Multilateralism, in the form of membership in international institutions, serves to bind powerful nations, discourage unilateralism, and gives small powers a voice and influence that they could not otherwise exercise. For a small power to influence a great power, the Lilliputian strategy of small countries banding together to collectively bind a larger one can be effective. Similarly, multilateralism may allow one great power to influence another great power. For a great power to seek control through bilateral ties could be costly; it may require bargaining and compromise with the other great power. Miles Kahler defines multilateralism as "international governance" or global governance of the "many," and its central principle was "opposition obilateral discriminatory arrangements that were believed to enhance the leverage of the powerful over the weak an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Distortion (economics)
In signal processing, distortion is the alteration of the original shape (or other characteristic) of a signal. In communications and electronics it means the alteration of the waveform of an information-bearing signal, such as an audio signal representing sound or a video signal representing images, in an electronic device or communication channel. Distortion is usually unwanted, and so engineers strive to eliminate or minimize it. In some situations, however, distortion may be desirable. For example, in noise reduction systems like the Dolby system, an audio signal is deliberately distorted in ways that emphasize aspects of the signal that are subject to electrical noise, then it is symmetrically "undistorted" after passing through a noisy communication channel, reducing the noise in the received signal. Distortion is also used as a musical effect, particularly with electric guitars. The addition of noise or other outside signals (hum, interference) is not considered dist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Diversion
Trade diversion is an economic term related to international economics in which trade is diverted from a more efficient exporter towards a less efficient one by the formation of a free trade agreement or a customs union. Total cost of good becomes cheaper when trading within the agreement because of the low tariff. This is as compared to trading with countries outside the agreement with lower cost goods but higher tariff. The related term Trade creation is when the formation of a trade agreement between countries decreases the price of the goods for more consumers, and therefore increases overall trade. In this case the more efficient producer with the agreement increases trade. The terms were used by 'old' Chicago School economist Jacob Viner in his 1950 paper ''The Customs Union Issue''. Notable uses An early use of the terms was by Jacob Viner in his 1950 paper ''The Customs Union Issue''. Later in same decade Richard Lipsey noted that not only the location of production but ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
