This chapter offers a historical and analytical introduction to the school of thought that views 'development as freedom'. Since it is impossible to do justice to the depth and complexity of this...
Haider Ali Khan, Jyh-Jeng Wu, Chao-Chung Kang
This study draws upon a firm level database from Taiwan to study the foreign direct investment (FDI) behavior of firms. An econometric model based on economic theories of the MNC behavior is used for...
In the fast developing digital technological revolution connectedness has emerged as a major characteristic of both firms and markets. For multinational firms in high technology area in general this...
"Globalization: Challenges and Opportunities"
The word globalization, as commonly used, is largely a descriptive and not an analytical category. This paper attempts to give the term analytic content. It then focuses on both the positive and...
Juan Pineiro Chousa, Haider Ali Khan, Davit N. Melikyan, Artur Tamazian
The paper tests the democratization-development hypothesis, namely that democratization has a positive impact on growth, economic development and changes in well-being. We employ a probit model to...
The purpose of this paper is to look at a recent technology of information transmission in the fiber optics area. The technology in question is known as WDM or wavelength division multiplexing. The...
"On Paradigms, Theories and Models"
The purpose of this brief note is to alert the reader to the existing confusing state of affairs in the social sciences regarding the terms paradigm, theories and models, trace a few of the causes,...
"China's Entry into the WTO: ICT Sectors, Innovation, Growth and Distribution"
During the debate about PRC's entry into the WTO, it was assumed by the proponents of joining the WTO that the export-led growth will continue and under WTO regime it will also lead to the...
Cheng-Min Feng, Chao-Chung Kang, Haider Ali Khan
The dynamic and multi-objective programming is used here to establish a risk measurement model. We develop an iterative algorithm and the convergence conditions for the model solution. The results...
"The Extended Panda's Thumb and a New Global Financial Architecture"
An evolutionary theory of international financial institutions is developed and two broad types of possible (evolutionary) equilibrium Global Financial Architectures(GFAs) are identified. The first...
How does Japanese aid influence the allocation of government expenditures and the raising of government revenues? Using a non-linear model with an asymmetric loss function the case of Japanese aid to...
"Can the neuro fuzzy model predict stock indexes better than its rivals?"
Chin-Shien Lin, Haider Ali Khan, Chi-Chung Huang
This paper develops a model of a trading system by using neuro fuzzy framework in order to better predict the stock index. Thirty well-known stock indexes are analyzed with the help of the model...
In this paper,following an evolutionary theory of international financial institutions-- called "the extended panda's thumb" approach-- the role of IMF under the present globalization moves is...
"The Mangled Miracle and the Alchemy of Finance"
In this chapter I introduce the basic problems for a new theory of 21st century financial crises in light of the Asian and other subsequent crises. Do these crises all have somethimg in common, or...
"General Conclusions: From Crisis to A Global Political Economy of Freedom"
In this chapter I sum up the basic problems for a new theory of 21st century financial crises in light of the Asian and other subsequent crises. My conclusion is that there are indeed deep structural...
Foreign aid and fiscal behavior in a bounded rationality model: Different policy regimes
We examine how the source of foreign aid affects the composition of the recipient government's spending. Does the source of aid - bilateral or multilateral - influence recipient policy-makers' choice...
Foreign Aid and Fiscal Behavior in a Bounded Rathionality Model: Different Policy Regimes
We examine how the source of foreign aid affects the composition of the recipient government's spending. Does the source of aid -- bilateral or miltilateral -- influence ricipient policy-makers'...