scholarly journals The East-Asian Happiness Gap: Causes and Implications

2021 ◽  
pp. 133-143
Author(s):  
Yew-Kwang Ng
Keyword(s):  
Economic Growth ◽  
East Asian ◽  
Public Spending ◽  
Relative Importance ◽  
Asian Countries ◽  
Outward Appearance ◽  
Negative Attitudes ◽  
Future Growth ◽  
Environmental Disruption

AbstractDespite spectacular economic growth, most East Asian countries (especially those with the Confucian cultures) score relatively low in happiness surveys. This chapter discusses the reasons for this East-Asian happiness gap, including environmental disruption, excessive competitiveness, repressive education, excessive conformity, negative attitudes towards enjoyment, and the emphasis on outward appearance. Implications on the desired direction of future growth especially regarding the relative importance of public spending on the environment and research and the non-material aspects of life are also briefly touched on.

scholarly journals Public spending efficiency and political and economic factors: Evidence from selected East Asian countries

2012 ◽  
Vol 57 (193) ◽  
pp. 7-23 ◽  
Author(s):  
Sok-Gee Chan ◽  
Mohd Karim
Keyword(s):  
East Asian ◽  
Civil Liberties ◽  
Public Spending ◽  
Political Stability ◽  
Economic Factors ◽  
Asian Countries ◽  
Tobit Regression ◽  
Parametric Data ◽  
Negative Effect ◽  
Equal Income

This paper analyses public spending efficiency and the effect of political and economic factors on public spending efficiency in East Asian countries for the period 2000-2007. In the first stage, the non-parametric Data Envelopment Analysis (DEA) approach is used to estimate public spending efficiency scores. In the second stage, the Tobit regression model is then used to determine the effect of political and economic factors on public spending efficiency. Results of the study show that China is relatively efficient in public spending on education, health, and maintaining economic performance and stability, Japan on infrastructure, and Singapore on promoting public services. In addition, countries in East Asia are relatively less efficient in public spending for promoting equal income distribution. The results also indicate that political stability and financial freedom have a positive effect on public spending efficiency. However, voice, accountability, and civil liberties have a negative effect on public spending efficiency.

The interaction between economic growth in the EU and South‐East Asia

1995 ◽  
Vol 95 (2) ◽  
pp. 40-47
Author(s):  
Mokhtar M. Metwally
Keyword(s):  
Economic Growth ◽  
East Asian ◽  
Simultaneous Equation ◽  
Equation Model ◽  
South East Asia ◽  
Simultaneous Equation Model ◽  
Asian Countries ◽  
Feedback Effects ◽  
Asian Economy ◽  
The Eu

Develops and tests a simultaneous equation model to assess the effect of growth in exports to the EU on the economic development of five South‐East Asian countries. Emphasizes the role played by economic interdependence and estimates the degree of feedback effects between each Asian economy and the EU.

scholarly journals Foreign capital flows and economic growth in East Asian countries

2006 ◽  
Vol 17 (1) ◽  
pp. 70-83 ◽  
Author(s):  
Ahmad Zubaidi BAHARUMSHAH ◽  
Marwan Abdul-Malik THANOON
Keyword(s):  
Economic Growth ◽  
Capital Flows ◽  
Foreign Capital ◽  
East Asian ◽  
Asian Countries ◽  
Foreign Capital Flows

Economic Growth and Poverty Reduction in Contemporary India

2018 ◽  
Author(s):  
Stuart Corbridge
Keyword(s):  
Economic Growth ◽  
Social Science ◽  
Social Exclusion ◽  
Poverty Reduction ◽  
East Asian ◽  
Institutional Quality ◽  
Income Poverty ◽  
Asian Countries ◽  
The Stability

India is an exception to many so-called rules in social science. This chapter considers why accounts of long-term economic growth, which assume that either institutional quality or geography is a foundational driver of change, are confounded by India. Attention is directed instead to consistency of economic policymaking, competition between provinces, and the stability of underlying political settlements. The chapter also considers why India’s growth success has been so much less efficient at reducing extreme income poverty than is the case in most East Asian countries. Poverty reduction in the east and centre-north of India has been undercut by persistent underinvestment in state capacity and public services. It has also been harmed by systems of political calculation that made investments in security and growth seemingly unnecessary for incumbent re-election. This is now changing in areas not under Maoist control, but the legacies of persistent social exclusion cast a long shadow.

REAL EXCHANGE RATE AND ECONOMIC GROWTH IN EAST ASIAN COUNTRIES: THE ROLE OF FINANCIAL INTEGRATION

2017 ◽  
Vol 62 (01) ◽  
pp. 163-177 ◽  
Author(s):  
PHAM VAN DAI ◽  
SARATH DELPACHITRA ◽  
SIMON COTTRELL
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Real Exchange Rate ◽  
Financial Integration ◽  
East Asian ◽  
Asian Countries ◽  
Explanatory Variables ◽  
Interaction Terms ◽  
Low Degree

This study examines the role of financial integration in determining the relationship between the real exchange rate (RER) and economic growth in East Asian countries. It hypothesizes that a competitive RER could play a greater role in promoting economic growth in countries with a low degree of financial integration. A growth model was specified using a RER misalignment index and its interaction terms with financial integration as explanatory variables. Different proxies for financial integration were employed to verify the interaction. The empirical results demonstrate the significance of the interaction terms and largely validate the hypothesis. This result demonstrates that a competitive RER policy is not a general solution for economic growth and its effectiveness could largely depend on a country’s degree of financial integration.

scholarly journals The Effects of Lending Interest Rates, Inflation Rates, and Investment on Economic Growth of South East Asian Countries

2020 ◽  
Vol 8 (06) ◽  
pp. 1830-1835
Author(s):  
Rika Yuliastanti ◽  
Ali Farhan ◽  
Sri Rahayu ◽  
Roy Sumaryono ◽  
Nindya Kartika Kumayati
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Interest Rates ◽  
World Bank ◽  
East Asian ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Asian Countries ◽  
The World Bank ◽  
The World

This study aims to determine the effect of lending interest rates, inflation and the investment rate on economic growth in South East Asiancountries over the past seventeen years (2000-2017). This study uses a quantitative method with multiple linear regression analysis, the sample used is data from the World Bank about lending interest rates, inflation, and investment in South East Asian countries that are members of the World Bank during the period 2000-2017. From the results of multiple linear regression analysis it was found that both the lending interest rate, inflation and investment rate variables had a positive effect but unsignificant on the economic growth of South East Asian countries during 2000-2017.

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