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Cost of Issuing Debt: An Analysis of the Factors Affecting the Net Interest Cost of State Bonds
The major purpose of this dissertation is to explore the determinants of interest cost for state bonds. Various kinds of variables pertaining to issue characteristics, market characteristics, economic conditions, and political variables were statistically tested to assess their impact on the interest cost of state bonds. This research examines the variables found to be significant for local bonds, as well as some factors unique to state bonds, e.g., the types state agencies issuing debt and the effect of different state income tax policies.
Democratization and the Information Revolution: A Global Analysis for the 1980s
Comparative studies of democratization point to a multitude of explanatory factors, while often lacking empirical evidence and theoretical foundation. This study introduces the revolution in information technology as a significant contributor to democratization in the 1980s and beyond. Utilizing a cybernetic version of an evolutionary interpretation of democratization an amended model for 147 countries is tested by bivariate and multiple regression analysis. The focus of the analysis is on how the first-ever use of an indicator of information technology explains democratization. The overall findings show that information technology is a meaningful element in the study of democratization today.
Hazardous Waste Policy: a Comparative Analysis of States' Enforcement Efforts
The major purpose of this study is to analyze hazardous waste enforcement by the states as mandated by the Resource Conservation and Recovery Act of 1976 (RCRA). States' historical enforcement records from 1980 to 1990 are analyzed to determine the pattern of variations in enforcement. This study differs from previous studies on hazardous waste regulation in that it employs longitudinal data from 1980 to 1990 to analyze states' enforcement effort.
Linkages between the Texas Supreme Court and Public Opinion
This investigation sought to identify linkages between the Texas Supreme Court and public opinion through 1) a matching of written decisions with scientifically conducted public opinion polls; 2) direct mention of public opinion and its synonyms in Texas justices' decisions; 3) comparison of these mentions over time; and 4) comparison of 10 personal attributes of justices with matched decisions. The study moved the unit of analysis from the U.S. Supreme Court to the state court level by using classification schemes and attribute models previously applied to the U.S. Supreme Court. It determined that linkages exist between the Texas Supreme Court's written decisions and public opinion from 1978 to July 1994.
Municipal Bond Ratings and the Willingness to Issue Debt: A Pooled Cross-sectional Analysis of Texas Cities
This dissertation deals with one aspect of how city officials respond to community needs. It is about the decisions of governments on how to secure the financial resources needed to fulfill their obligations to the public. The study explores the factors that influence officials' decisions to issue debt. It is different from other municipal bond studies in that it focuses on the behavior of bond issuers rather than bond investors and the rating agencies.
The State of Democracy in the Arab World
This comparative study assesses the state of democracy and examines the process of democratization in the Arab World between the years 1980-1993. It addresses shortcomings in the mainstream democracy literature that excluded the Arab World from the global democratic revolution on political cultural grounds. To fulfil the objectives of this study, I employ both the qualitative and quantitative research approaches to test a number of hypothesized relationships. I hypothesize that transition to democracy is negatively associated with economic development, militarism, U.S. foreign policy, the political economy of oil, and dependency. I contend that emerging civil society institutions so far have had no significant effect on democratization in the Arab World. Finally, I hypothesize that the level of democracy in the Arab World is influenced greatly by the issue of civil rights. In order to investigate the hypothesized relationships, the following data sets have been used: Gastil's Freedom House Data set, "Repression and Freedom in the 1980s" data set, and Vanhanen's 1990 data set. The findings of this study support the aforementioned hypothesized relationships. I find that Arab countries, in general have made modest progress toward democracy, making the Arab World part of the global revolution.
Structural Adjustment, Civil Society, and Democratization in Sub Saharan Africa
Two recent developments dominate the political economy of Sub Saharan Africa -- the adoption of economic structural adjustment reforms and the emergence of pressures for the democratization of the political process. Economic reform measures have spawned civil society, made up of anti-authoritarian, anti-statist, non-governmental organizations, that demand political liberalization. This study is an attempt to analyze, theoretically and quantitatively, the unanticipated association between these developments. Democratic institutions inherited by Sub Saharan Africa at independence were subverted either through military coups or by the abuse and misuse of the institutions by an inordinately ambitious political elite. Thus, about a decade into independence more than three quarters of the sub continent virtually came under authoritarian rule. Contemporaneously there was a decline in the economies of these countries, forcing them to borrow from international financial institutions, in order to offset their balance of payment difficulties. By the mid-1980s most of Sub Saharan Africa had also instituted structural adjustment programs. Using a pooled cross-sectional time series model of analysis, data gathered from Sub Saharan African countries are analysed to test the explanatory power of the three extant contending theories of development: classical, dependency, and neoliberal. Then, most importantly, the analysis examines the relationship between structural adjustment, the development of civil society, and democratization. Overall, the results indicate that the institutional structures generated by, and the political millieu created by structural adjustment are conducive for the evolution of civil society and for its activities for democracy. This political opportunity, however, is also found to be dependent on the level of restructuring involved. The more the political system is restructured, the more the freedom of political participation by civil society, and the higher the level of democratization. The study found a very weak relationship between structural adjustment and economic growth, thereby calling into question many current …
U. S. China Policy During the Cold War Era (1948-1989)
In this study a comprehensive multivariate time-series model is built to explain American foreign policy toward the People's Republic of China, during the cold war era from 1948 to 1989.
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