EOTM Research Fellow Graduates from Columbia University

Pablo Andres Bejar EOTM 2010-2011 Research Fellow

Pablo Andres Bejar EOTM 2010-2011 Research Fellow

Pablo Andres Bejar, Economics On The Move’s (EOTM) 2010-11 Research Fellow has graduated with a Masters Degree from Columbia University’s School of International and Public Affairs (SIPA).

EOTM awarded Pablo a Research Fellowship in 2010 to support the revision of his thesis paper: “A Current Analysis of Firm Foundation Giving and its Effects on Corporate Financial Performance for American Companies” for presentation at the Imgard Conix Foundation’s “Workshop II: Financialization and Corporate Social Responsibility” in Berlin, Germany in 2011.

Pablo has made many important contributions to EOTM; he has written grant applications and letters of inquiry to private foundations and government agencies on our behalf.

Please join me in congratulating Economics On The Move Research Fellow Pablo Bejar on his remarkable achievements. We are grateful to have been able to contributed to his success.

EOTM Support Foundation/ Nigeria

EOTM Support Foundation

From left-to-right: Zakari Ribadu, Idris Ribadu, Nuruddeen Nyako, Abdul Mahmood, Mustapha Nyako, Muhammed Murtala, Abdulsalam Ahmed and Abubakar Radda

Economics On The Move (EOTM) Support Foundation is an an registered Nigerian NGO  (CAC/IT/NO 82892) whose mission is to promote the social and economic development of Nigeria.

Our innovative projects and programs include: (1) Training Internally Displaced Individuals (IDPs) and (2) the economic development and integration of Nigeria’s industrial clusters.

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National Bureau of Statistics of China Tour

On November 24th Dr. Barkley’s  Macroeconomics and Statistics students from the International College Beijing went on a 2 hour tour of the National Bureau of Statistics (NBS) in Beijing, China. The NBS collects data and publishes hundreds of statistics on China’s economy including inflation rate, GDP, wages, energy consumption and CPI. In addition to a museum collection documenting the use of statistics in China dating back several centuries, the NBS has English and Mandarin reading rooms.

















NBS Beijing, China

NBS Beijing, China

PEPFAR and Preventing HIV Transmission: Evidence from Sub-Saharan Africa


President’s Emergency Plan for AIDS Relief or PEPFAR is the US Government’s global strategy for preventing AIDS/HIV. PEPFAR’s main prevention program featured the controversial ABC strategy: Abstain, Be faithful, and correct and consistent use of Condoms. This study uses the “difference-in-differences” (DID) estimator to assess impact of ABC on slowing the spread of HIV in PEPFAR’s Sub-Saharan recipient countries. Applying DID analysis to a panel of 40 African countries in 2001 and 2009, we found PEPFAR’s preventative measuresdid not reduce adult HIV rates. These results call into question the effectiveness of ABC as a HIV preventative strategy in Sub-Saharan Africa.


                                        Daniel Barkley, EOTM Executive Director                                           Opeyemi Adeniyi, EOTM Research Fellow

                   International Journal of Business and Social Science Vol. 6, No. 7; July 2015

Panteka Cluster Featured in UN Publication

Making It


Nurturing an industrial cluster in Nigeria 


                                      Daniel Barkley, EOTM Executive Director                                                                             Nuruddeen Nyako, EOTM Research Fellow                                                                             Abduhameed Mahmood, American University of Nigeria IT Student 

Making It is a quarterly magazine to stimulate debate about global industrial development issues. Published by UNIDO, the specialized agency of the United Nations promoting inclusive and sustainable industrial development.

The Performance of Islamic Equity Indexes In Global Capital Markets


In the wake of the global financial crisis of September 2008, Islamic financial products were thrust into the spotlight as alternatives to the shaken conventional equity markets. To examine the resilience of Islamic equities indexes, we compare the performance of the Dow Jones Islamic Market Index (DJIMI) against the Wilshire 5000 (W5000), FTSE All Share Index (ASX), and Shanghi Stock Exchange Composite Index (SSECI) between 2008 and 2011. We found the DJIMI had lower levels of volatility relative to the W5000, ASX and the SSE. The DJIMI annual returns were less than the W5000 but comparable to those of the ASX and SSE. Although these equity indexes are highly correlated, our cointegration analysis revealded no the long-term relationships between the DJIMI and its international counterparts. Although the DJIMI is comprised of equity shares from over 50 countries, our Granger causality results suggest that the DJIMI is the least susceptible the global contagion effects.

Daniel Barkley, Ph.D. ,Executive Director                                                                              Zubair Akbar, Research Fellow

Journal of Islamic Economics, Banking and Finance Vol. 11, No. 14, January – March 20, 2015

EOTM: Making Sustainable Development Safe!


EOTM Executive Director, Dr. Daniel Barkley  and EOTM Research Associate Nuruddeen Nyako deliver safety items

EOTM Executive Director, Dr. Daniel Barkley and EOTM Research Associate Nuruddeen Nyako deliver safety items

EOTM Research Associate Nuruddeen Nyako and EOTM Executive Director delivered safety items to the PantekaYola Industrial District last week. This included spirits (isopropyl alcohol), plasters (bandages), hydrogen peroxide, gauze, cotton balls, Repel anti-mosquito wipes, anti-diarrhea tablets, throat lozenges,100 pairs of rubber gloves and a 6000 kg fire extinguisher. The proceeds from the sale of safety goggles were use to purchase these safety items.


Panteka Safety Campaign

EOTM Research Associate, Nuruddeen Nyako interviewing Panteka worker of benefits wearing safety glasses

EOTM Research Associate, Nuruddeen Nyako interviewing Panteka workers on the benefits of wearing safety glasses.

Panteka workers say they prefer the EOTM safety glasses because they cost less and are more durable than the ones sold locally.

Panteka workers say they prefer the EOTM safety glasses because they cost less and are more durable than the ones sold locally.

Some of the beneficiaries of EOTM safety glasses have been children.

Some of the beneficiaries of EOTM safety glasses have been children.

Economics On The Move’s (EOTM) Research Associate Nuruddeen Nyako began interviews with PantekaYola workers on the use of safety glasses.

The PantekaYola Industrial District is where hundreds of blacksmiths, craftsmen, welders use Yola’s refuge to make everything from deep freezers to automobile spare parts. Many Panteka workers labor without the benefit of hard hats, face masks, protective shoes or gloves. Some of these workers are children.

EOTM purchased 35 safety glasses in the U.S. and paid to ship them to Yola where they were subject to: “Custom Duties,” “Recall Fees,” “Redirection Charges,” “Trade Charges,” “Retention Fees,” and “Parcel Handling Charges” totaling 4,957 naira. However, the glasses were sold to Panteka workers at cost, or N250 each. Proceeds from the sales are going toward the purchase of first-aid kits and a fire extinguisher for Panteka workers.

During the interviews, workers mentioned that the glasses help protect their eyes and they purchased the EOTM glasses instead of ones sold locally because of the cost and quality.

Nuruddeen believes that high prices for safety items discourages Panteka workers and Nigerians in general from developing a “work-safe” environment/ attitude.  He plans to use examples from Panteka to advocate for policy reforms that promote worker safety.

Karatu Library Book Drive

Dear All,
In March EOTM sponsored the delivery of braille reading materials from the Clovernook Center for the Blind in Cincinnati, Ohio to the Karatu Library Foundation in Yola, Nigeria. The donation included books, magazines, newspapers, crossword puzzles, sheet music and chess games. These braille reading materials were manufactured by blind and visually impaired people at the Clovernook Center Center. The Clovernook donation will support the education of some 184 blind children at the the Jada Special Education Center, Nigeria, who have no access to such valuable reading materials.

ETOM is continuing this book drive for Karatu for the remainder of 2012. You can make your tax-deductable donations to the Karatu book drive through PayPal on the EOTM home page.

Daniel Barkley, Ph.D.
Executive Director Economics On The Move

EOTM at Yale University

richardDear All,
I am honored to announce that this summers Yale Exploration program (http://www.explo.org/360/yale) will (again) feature two people from Economics On The Move (EOTM): Dr. Hannah Mugambi and Richard Sanchez (see attached photos). Dr. Mugambi who is on EOTM’s Board of Directors, began her teaching career at the University of Nairobi and has since enjoyed teaching at Goucher College, Johns Hopkins University, Morgan State University, Egerton University and the American University of Nigeria. Hannah other interests include Women Leadership and Community Literacy.

This summer, Hannah will be the “Curriculum Coordinator” for Exploration course. In addition to being a great role model for our youths, EOTM will benefit from Hannah’s skills and professional experience. This summer Exploration will again feature EOTM instructor Richard Sanchez. Richard will be teaching Economics (Micro and Macro) as well as Business Etiquette. Richard’s courses will include many of the hands-on learning activities that have made EOTM a success. Through the use of grant funding, EOTM will sponsor highly motivated and qualified students who could not otherwise afford to enroll in Richard’s classes. Richard is a product of EOTM and currently teaches for the Mecklenburg School District located in Charlotte, North Carolina.

Please join me in congratulating Hannah and Richard on their special achievements. Respectfully,

Daniel Barkley, Ph.D.
Executive Director Economics On The Move