National average life expectancies of developing countries remain significantly below the attainable levels of their more developed counterparts. Utilizing data from the current 135 developing countries from 1985-2010, this paper evaluates the effectiveness of various health interventions in terms of promoting human capital formation through improvements in life expectancy. Subsequently, the impact of life expectancy is applied to a production function in order to quantify the impact of its increasing levels on promoting per capita economic growth. While inconsistent in magnitude, the results show a tangible positive effect of increasing life expectancy on promoting economic growth that is consistent within existing literature. Ultimately, the analysis demonstrates the plausible impact of various health interventions on increasing human capital proxied by life expectancy and thereby increasing both the national economic activity and standard of living for citizens of developing countries, advocating for public health interventions by government officials or private aid organizations.
This study examines the impact of primary commodity exports on to the human development index (HDI). Recent literature suggests Least Developed Countries engage in export policies that focus on a select number of primary commodities. I use The World Bank data from 92 countries, from 1981 to 2013. Export commodity reliance is measured through the percentage of merchandise exports devoted to agriculture, foods, ores and metals, fuel, and technology. This study finds that greater GDP per capita, general government final consumption expenditure, the price of commodity goods, percentage of permanent cropland, fuel exports, greater trade openness, and lowered corruption promote greater human development. Other factors such as gross capital formation, agricultural exports, food exports, high technological exports, and ores and metal exports hinder human development.
This thesis studies the effect of macroeconomic factors on investor valuation in developing countries. Currently, more and more investors are looking to developing countries for investment, but few of them know how to accurately value companies in these countries. Investors feel that there is extra risk involved when investing in developing countries, but how much? And what determines this risk? This study first finds the discount rate, the rate by which investors discount a company in a foreign country as compared to a similar company in the United States, in each of 17 countries. Then, these discount rates are compared to macroeconomic variables that describe development, infrastructure, and business environment in a country. We believe that if a country is less developed and has less infrastructure in place investors will place a larger discount on companies in that country.
Janet Lee, Technical Services Librarian and Associate Professor, Regis University, devoted her sabbatical leave for joining Yohannes Gebregeorgis, 2008 CNN Hero, and establishing the Segenat Children and Youth Library in Mekelle, Ethiopia. Lee discusses successes and challenges in setting up a library in a developing country.
The Riecken Foundation provides support to communities in developing countries to create sustainable partnership library programs focusing on collection development, technology applications, and assembling professional staff and volunteers. This article studies the experience of the Foundation through research gathered in interviews with Bill Cartwright, President and CEO of the Foundation, along with on-site observations at six participating libraries, and offers analysis of documentation related to these sustainability initiatives. The study also examines the transition of the Foundation from a private foundation to a public charity and the effect this has had in its programming.