Description

This is a textbook designed for undergraduate and graduate students and is the result of the author's more than twenty years of involvement with econometrics as both teacher and researcher. It contains theory, problems and answers, many of which have already been tested extensively in classrooms and tutorials and then refined for the book. It includes the following topics: single equation regressions, dummy and limited dependent variable models, simultaneous equations models, dynamic regression models, unit roots, cointegration and error correction models, aggregation over time issues, forecasting and panel data models. The book does not attempt to duplicate the many standard econometrics books. Rather, it supplements them by focusing exclusively on theoretical and empirical exercises in a systematic way. In this respect, the book has four innovations. First, it develops theoretical exercises useful in interpreting empirical results. Second, the book contains essay questions related to important econometric issues. Third, at times it deals with questions with no clear cut answers. Fourth, its development of aggregation over time issues is almost unique in econometrics textbooks. Although much of the material has a Caribbean flavour, its rigorous and clear presentation will appeal to students and teachers worldwide.

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Nlandu Mamingi is Senior Lecturer, Department of Economics, University of the West Indies, Barbados. He received his PhD from the State University of New York, Albany, and has taught in the Democratic Republic of Congo and has worked for the World Bank. He is also a published poet.

Description

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Founded in 1948, the Mona campus of the University of the West Indies is located in Kingston, Jamaica, and is the largest campus in the unique multi-campus, multi-island university system. Internationally known for its scholarship, the Mona campus is also renowned for its commitment to and preservation of a rich historical legacy. Built on the site of former sugar and slave plantations, the campus has several outstanding historical features which have been partially preserved. This carefully researched and well-written publication investigates the historical ruins on the campus, which include an eighteenth-century aqueduct, an intact bookkeeper's house, a distillery, a boiling and curing house, and the wooden barracks of Gibraltar Camp, which housed at various times during World War II Jewish refugees, Gibraltarian evacuees, and interned Germans and Italians. Beautiful photographs of historic campus landmarks are featured, including the exquisite University Chapel, which was originally part of an eighteenth-century sugar estate in Trelawny. The Georgian building was disassembled, moved and reconstructed on the Mona campus in the 1950s. The book provides a useful guide for a walking tour of the campus, and survey maps point out where slave villages were originally located. It is replete with charming anecdotes that capture the spirit of the times and bring the rich history of the campus to life.

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Landslides and flooding in the Caribbean are destructive, endemic forces that destroy homes, businesses and schools, cost millions of dollars annually and kill hundreds of men, women and children. This book promotes a holistic approach for managing geohazards in the region. It emphasizes a preventive, proactive approach rather than a reactive one. It demonstrates and evaluates the use of current approaches and technologies such as geographical information science, remote sensing and geographical positioning systems for managing geohazards. The book is structured in three parts: the first focuses on landslides; the second on floods; and the third on managing geohazards in small island nations including the development of early warning systems.The book is useful for both undergraduate and postgraduate students interested in geohazards and geohazards management, geographical information science, remote sensing, engineering, geography, geology, hydrology, environmental sciences and management. Decision makers in government, industry and commerce will find in this compact overview of flooding and landslides in the region, the best approaches and technologies for managing them.

Description

Caribbean firms cope with international competition both in their small domestic economies and as they extend their operations outside their home countries. This volume explores their struggles and successes in fifteen case studies developed from interviews with Caribbean firms at key decision points in their internationalizing processes. The cases ask the reader to offer direction; to evaluate choices made or to opine on paths not taken. The cases feature over thirty countries in the Americas, Europe and the Caribbean. These appear as markets, domiciles or hosts of subsidiaries of the internationalizing Caribbean firm. For example, one of the Barbadian cases describes a food caterer operating in ten countries in South, Central and North America.

The cases cover multiple industries including cement manufacturing, supermarkets, shipping, remittances, banking, tourism, rum production, shrimp harvesting, food manufacturing and airline catering, and reflect the conversations with practising managers, who raised such questions as, ""How does one define the Caribbean manager?"" ""How do we exploit our diaspora markets?"" ""How can small firms scale up?"" ""Where should we locate headquarters?"" ""What should be the role of regional governments?"" ""How do we pick allies and manage alliances?""

The managerial challenges described are diverse: decision-makers from GraceKennedy, Goddard's Enterprises or Trinidad Cement Group share practical experiences including decisions on marketing (e.g., pricing and retail locations); financing and accounting (e.g., alternative financing options); international strategy (e.g., alliances and take-overs); corporate governance; operations and personnel. All fifteen cases add to understanding emerging market multinationals, particularly those domiciled in small island developing states characterized by tiny internal markets, limited international influence and environmental fragility. They add insight to work on Caribbean entrepreneurship, business and economics and to studies of international business in developing countries.

Bibliography

MAXINE GARVEY is a member of the leadership team at CGIAR Fund Office, World Bank, Washington, DC. Her publications include, most recently, Jamaica's International Business Performance and Managing Risk and Opportunity: The Governance of Strategic Risk-Taking.

GORDON SHIRLEY is President, CEO and Chairman, Port Authority of Jamaica; former Principal and Pro Vice Chancellor, University of the West Indies, Mona, Jamaica, and former Jamaican Ambassador to the United States.