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1 – 10 of 34C. Stephen White, Greta G. Fein, Brenda H. Manning and Anne Daniel
Richardson Kojo Edeme and Chigozie Nelson Nkalu
In addition to their effects on economic growth, prolonged terrorist activities can reduce government revenue. Apart from the destruction of physical infrastructure and human…
Abstract
In addition to their effects on economic growth, prolonged terrorist activities can reduce government revenue. Apart from the destruction of physical infrastructure and human capital, terrorism also has lagged-effect on investment, which ultimately dampens the fiscal position and further affects the economic growth. This chapter is devoted to the discussion on the interaction between terrorism, growth, and fiscal variables in Nigeria using real per capita income, government revenue, government expenditure and defense expenditure. The findings show that terrorism is associated with low economic growth which has the potency to reduce government expenditure. It was also observed that government expenditure can be improved by fostering government revenue. In view of this, apart from domestic efforts, interventions of international communities are further needed to reduce the drastic effects of terrorism, especially in meeting and improving expenditure on growth-enhancing sectors.
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Rajmund Mirdala and Júlia Ďurčová
Asynchronous current account trends between North and South of the Euro Area were accompanied by significant appreciations of real exchange rate originating in the strong shifts…
Abstract
Asynchronous current account trends between North and South of the Euro Area were accompanied by significant appreciations of real exchange rate originating in the strong shifts in consumer prices and unit labor costs in the periphery economies relative to the core countries of the Euro Area. The issue is whether the real exchange rate is a significant driver of persisting current account imbalances in the Euro Area considering that, according to some authors, differences in domestic demand are more important than is often realized. In the paper we examine relative importance of real exchange rate and demand shocks according to the current account adjustments in the Euro Area member countries. Our results indicate that while the prices and costs related determinants of external competitiveness affected current account adjustments primarily during the pre-crisis period, demand drivers shaped current account balances mainly during the crisis period.
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Evidences show that the annual total of all incidents along with the number of bombing incidents steadily rose through the late 1970s and began a steady decline in the early…
Abstract
Evidences show that the annual total of all incidents along with the number of bombing incidents steadily rose through the late 1970s and began a steady decline in the early 1990s. Before the 1979 takeover of the US embassy in Tehran, the motivation of transnational terrorism was primarily nationalism, separatism, Marxist ideology, and nihilism. The jump in the number of incidents in the early 1980s corresponded to the rise of religious-based fundamentalism. The downward trend in the early 1990s is attributed to the demise of the Soviet Union. A surge in religious fervor and the hostilities in Iraq and Afghanistan account for the prevailing high levels of transnational terrorism. Terrorism surely affects the economy as a whole both in terms of domestic and international trade-related parameters. In this chapter we have used a general equilibrium trade model with special emphasis on terrorism activities to capture the impact of international trade on the production system of the assumed stylized developing economy. In this connection, the presence of defense sector dualism to control or defend the domestic economy has been considered from the perspective of terrorism attack, thereby helping to relate defense, terrorism, and trade within a single framework. Apart from these, the terrorism augmented welfare aspect of the said developing economy has also been introduced in this chapter. Overall, we have claimed that the gains from trade in the presence of terrorism augmented externality exclusively depend on the pattern of trade.
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In an ongoing process of globalization and technology improvements and due to an increase in worldwide actors in the economic sector, commercial diplomacy is an important tool for…
Abstract
In an ongoing process of globalization and technology improvements and due to an increase in worldwide actors in the economic sector, commercial diplomacy is an important tool for countries to support their business community during the internationalization process and afterwards. Nevertheless, commercial diplomacy literature is still in its infancy. Therefore, this chapter reviews existing research on the topic and develops a framework, which integrates the topics examined so far and provides the reader with a more complete picture of the topic at hand.
By means of a literature review, this chapter shows that the body of literature involving research of both disciplines, International Relations and International Management, is still rather limited. As a consequence, we determine a future research agenda and call for more empirical studies, especially in the field of (political) economy.
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Ertugrul Uysal, Sascha Alavi and Valéry Bezençon
Anthropomorphism in Artificial Intelligence (AI)-powered devices is being used increasingly frequently in consumer-facing situations (e.g., AI Assistants such as Alexa, virtual…
Abstract
Purpose
Anthropomorphism in Artificial Intelligence (AI)-powered devices is being used increasingly frequently in consumer-facing situations (e.g., AI Assistants such as Alexa, virtual agents in websites, call/chat bots, etc.), and therefore, it is essential to understand anthropomorphism in AI both to understand consequences for consumers and to optimize firms' product development and marketing. Extant literature is fragmented across several domains and is limited in the marketing domain. In this review, we aim to bring together the insights from different fields and develop a parsimonious conceptual framework to guide future research in fields of marketing and consumer behavior.
Methodology
We conduct a review of empirical articles published until November 2021 in Financial Times Top 50 (FT50) journals as well as in 41 additional journals selected across several disciplinary domains: computer science, robotics, psychology, marketing, and consumer behavior.
Findings
Based on literature review and synthesis, we propose a three-step guiding framework for future research and practice on AI anthropomorphism.
Research Implications
Our proposed conceptual framework informs marketing and consumer behavior domains with findings accumulated in other research domains, offers important directions for future research, and provides a parsimonious guide for marketing managers to optimally utilize anthropomorphism in AI to the benefit of both firms and consumers.
Originality/Value
We contribute to the emerging literature on anthropomorphism in AI in three ways. First, we expedite the information flow between disciplines by integrating insights from different fields of inquiry. Second, based on our synthesis of literature, we offer a conceptual framework to organize the outcomes of AI anthropomorphism in a tidy and concise manner. Third, based on our review and conceptual framework, we offer key directions to guide future research endeavors.
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