Political Choices and Economic Outcomes

2003 ◽  
Vol 36 (6) ◽  
pp. 679-698 ◽  
Author(s):  
Uk Heo ◽  
Alexander C. Tan
Keyword(s):  
South Korea ◽  
Political Development ◽  
Growth Strategy ◽  
The Past ◽  
Political Choices ◽  
The Difference ◽  
The Government ◽  
Economic Developments ◽  
Development Paradigm ◽  
Similar Experience

South Korea and Taiwan have gone through similar experience of political and economic development in the past several decades. Both countries have achieved miraculous economic developments under the government-led development paradigm and have gone through democratization process in the 1990s. Despite the similarity in developing history, the 1997 financial crisis experiences are quite different between the two countries. South Korea was hit hard by the crisis, whereas the crisis barely touched Taiwan. What caused the difference? The authors argue that the difference in the impacts of the crisis and the resulting outcomes on South Korea and Taiwan is a result of existing political and economic institutions and structures and the choices that were made within those institutions. They support this argument by using institutional explanation, such as growth strategy, market liberalization, and political development.

Capaian pembangunan manusia: analisis komparatif Provinsi Banten, Jawa Barat dan DKI Jakarta

2018 ◽  
Vol 13 (1) ◽  
Author(s):  
Adriwati Adriwati
Keyword(s):  
Human Development ◽  
Human Development Index ◽  
Human Population ◽  
Provincial Government ◽  
Healthy Life ◽  
Development Index ◽  
Long Life ◽  
The Difference ◽  
The Government ◽  
Development Paradigm

Human development is a development paradigm that puts human (population) as the focus and final target of all development activities, namely the achievement of control over resources (income to achieve decent living), improvement of health status (long life and healthy life) and improve education. To see the success rate of human development, UNDP publishes an indicator of Human Development Index (HDI). This study discusses the achievements of human development that have been pursued by the government. The problem analyzed in this research is the difference of human development achievement in some provincial government in Indonesia. This paper aims to compare the achievements of human development in some provincial governments seen from the achievement of human development index of each province. Research location in Banten Province, West Java and DKI Jakarta.Keywords:Human Development Index, Human Development Achievement

The Golf Boom in South Korea: Serving Hegemonic Interests

1992 ◽  
Vol 9 (4) ◽  
pp. 372-384 ◽  
Author(s):  
Minseok An ◽  
George H. Sage
Keyword(s):  
Economic Growth ◽  
South Korea ◽  
Political Stability ◽  
Golf Courses ◽  
Farm Land ◽  
The Past ◽  
Social Incentives ◽  
The Social ◽  
Industrial Productivity ◽  
The Government

In the past decade, to help maintain political stability and promote economic growth, South Korea has committed substantial resources to commercialized sports, including golf. A major source of support for building golf courses has come from government leaders and economic and social incentives as well. In the past 4 years the government has given permission to build 135 new golf courses. The official government discourse about the new golf courses is that they are being built in the interest of “sport for all.” But the golf courses overwhelmingly require membership, which is extremely expensive. Despite the enormous power and resources of the dominant groups in Korea, there are elements of opposition. The golf boom has been severely criticized because it removes large amounts of land from agricultural and industrial productivity, contaminates farm land, and pollutes water. It also represents the worst aspects of the social imbalance of wealth.

scholarly journals Esham, the Origin of Sukuk for Facing the Crisis: Historical Experience

2021 ◽  
Vol 10 (1) ◽  
pp. 45
Author(s):  
Khairunnisa Musari
Keyword(s):  
Lower Cost ◽  
Low Cost ◽  
Foreign Debt ◽  
Historical Experience ◽  
The Public ◽  
Goods And Services ◽  
The Past ◽  
State Budgets ◽  
The Difference ◽  
The Government

Pandemic brings a crisis. This makes world leaders have to work hard and smartly in managing state budgets. During the heyday of Islam, Muslims also faced crises. Given that time the power of Islam mastered many areas of the world, it can be assumed that the crisis that occurred in the past was a global crisis as it is happening today. The difference is the crisis that occurred at the time because of losing the war. This paper tries to describe the historical experience of the esham, one of the fiscal instruments in the Islamic world that helped the Ottoman Empire overcome the crisis. Esham has mobilized low-cost funds from the public in a relatively concise time. Esham served as a better choice than looking for foreign debt. As the origin of sukuk, esham has simpler structure so that can be used as an alternative to sukuk with a lower cost. To deal with a crisis, esham may intervene in the economy. Esham funds to the real sector in turn will help the government drive the economy as well as control prices in the market for goods and services. Therefore, esham has the potential in facing the crisis.

Economic Voting in South Korea: Pocketbook or Sociotropic?

2012 ◽  
Vol 13 (3) ◽  
pp. 337-353 ◽  
Author(s):  
AIE-RIE LEE ◽  
YONG U. GLASURE
Keyword(s):  
South Korea ◽  
Voting Behavior ◽  
Economic Voting ◽  
Study Data ◽  
Survey Study ◽  
Economic Evaluations ◽  
The Past ◽  
Political Choices ◽  
Different Dimensions ◽  
Voter Choice

AbstractUsing 2003 Asian Barometer Survey study data, this paper examines the economic voting model in the 2002 presidential election in South Korea. The core emphasis of the paper is on an investigation of the relative effects of different dimensions/scopes of economic evaluations on voting behavior, namely whether one form of assessment (e.g., pocketbook vs. sociotropic) can have similar consequences for electoral participation as others. The findings indicate that the overall economy is salient for Koreans to shape their political choices. In other words, voting behavior in Korea depends on how she or he thinks the national economy has been for the past five years. Also found is that voters’ perceptions of their own personal financial situations did not matter much as a predictor of voter choice.

scholarly journals The Lithuanian Forest Sector Towards the 21st Century: the Strategic Problems of the Transitional Period

Ekonomika ◽  
1997 ◽  
Vol 41 (2) ◽  
Author(s):  
Algis Gaižutis
Keyword(s):  
Political Development ◽  
Forest Policy ◽  
Present Situation ◽  
Value Orientation ◽  
Transitional Period ◽  
Forest Sector ◽  
Operating Environment ◽  
The Past ◽  
The Government

Strategy specifies the direction. Long-term strategy usually means the ability to answer the following questions:• Where are we now?• Where do we want to go?• How do we get there?Changes in the economical, demographic and political development of the country, the value orientation of the Government expressed by the Forest Policy, the availability of resources, the demand-supply situation in the markets, and the past and present performance of business all greatly affect the formulation of Forest Sector Strategies for the future.This paper examines the first two questions presented above. Firstly, we shall introduce ourselves shortly to the present situation in which the Lithuanian Forest Sector exists. Secondly, we shall look at future possibilities. The important changes of the operating environment of the transitional period in the whole economy of Lithuania are also discussed.

Political Memoirs and Collective Memory in South Korea- Turning Points in the Autobiographical Writings of Kim Taejung and No Muhyŏn

2017 ◽  
pp. 1-24
Author(s):  
Natalia Kim
Keyword(s):  
South Korea ◽  
Collective Memory ◽  
Political Development ◽  
Turning Points ◽  
Contemporary History ◽  
Historical Discourse ◽  
Korean History ◽  
The Past ◽  
Liberal Democratic ◽  
Wide Range

Emerging as an independent nation in 1948, South Korea went through a difficult phase of political development shifting from a martial and authoritarian regime toward a liberal–democratic one. The April Revolution in 1960, the May 16 coup in 1961, the October Yusin in 1972, the Kwangju Uprising in 1980, and the June Democratic Uprising are the turning points of South Korean history which changed the political landscape of the state and extensively influenced its future. The successful democratic transition has provided substantial grounds for various interpretations of the critical moments in the contemporary history of Korea. Although the official historical discourse has become more democratic and critical in recent times, it still leans towards conservatism. The collective memory of important historical events has been continuously constructed by a wide range of educational tools, cultural products, and governmental programs in South Korea. The collective memory comprises individual memories of the past, but these individual memories are subordinate to the collective memory because they are subject to generalization and objectification, which result in the adoption of commonly shared views of the past. There are different sources through which the interdependence of collective memory and individual memories can be studied. One of them is an autobiography.

scholarly journals The Temple of Besakih, Sukuh, and Cetho: The Dynamics of Cultural Heritage in the Context of Sustainable Tourism Development in Bali and Java

2019 ◽  
Vol 6 (1) ◽  
pp. 26
Author(s):  
I Ketut Ardhana ◽  
I Ketut Setiawan ◽  
Sulanjari Sulanjari
Keyword(s):  
Cultural Heritage ◽  
Political Development ◽  
Cultural Context ◽  
Hindu Temple ◽  
Cultural Economic ◽  
Sustainable Tourism Development ◽  
The Past ◽  
Central Java ◽  
The Difference ◽  
The Temple

Besakih is one of the biggest Hindu temple in Bali and the temple of Sukuh and Cetho are the Hindu temple that stillexisting in Central Java. These temples have their similarity and differences in the context of how to develop thesustainable tourist development in Indonesia. However, there are not many experts who understand about the culturalrelation between the temple of Besakih in Bali, Sukuh and Cetho in Central Java.This becomes important since the indigenization process that took place in the past of history in the two islands aresignificant to be understood in terms of social cultural, economic and political development in which their influencescan be seen at the modern and postmodern Balinese culture. The development of Balinese temple of Besakih can beconsidered in the 11th century, while for Sukuh and Cetho temple after the fall of Majapahit kingdom in the 15thcentury. Therefore, it can be said that Hindu did not only develop in Bali, but also in Central Java, in which thedevelopment of Hindu for the beginning already took place indeed in the 7th to 8th in the context of Hindu Mataramnamely in the era of king Sanjaya.The main questions that are need to be addressed in this paper are how was the process of the end of Majapahitculture that caused the cultural indigenization in the central Java such as shown in the temple of Sukuh and Cetho?Secondly,in which cultural context that occurred since the Javanese kingdoms did not influence the strength of theHindu culture in the later period? Thirdly, how can it be compared the similarity and the difference between theindigenization in Bali and in Central Java?and lastly how the Balinese and the Javanese interprete their own culturein terms of local wisdom? By addressing these questions, it is expected to have a better understanding on how bothcommunities can strengthen their own culture in the context of their prosperity.

scholarly journals THE TEMPLE OF BESAKIH, SUKUH, AND CETHO: THE DYNAMICS OF CULTURAL HERITAGE IN THE CONTEXT OF SUSTAINABLE TOURISM DEVELOPMENT IN BALI AND JAVA

2018 ◽  
pp. 1
Author(s):  
I Ketut Ardhana ◽  
Sulandjari Sulandjari ◽  
I Ketut Setiawan
Keyword(s):  
Political Development ◽  
Cultural Context ◽  
Hindu Temple ◽  
Cultural Economic ◽  
Sustainable Tourism Development ◽  
The Past ◽  
Central Java ◽  
15Th Century ◽  
The Difference ◽  
The Temple

Besakih is one of the biggest Hindu temple in Bali and the temple of Sukuh and Cetho are the Hindu temple that still existing in Central Java. These temples have their similarity and differences in the context of how to develop the sustainable tourist development in Indonesia. However, there are not many experts who understand about the cultural relation between the temple of Besakih in Bali, Sukuh and Cetho in Central Java. This becomes important since the indigenization process that took place in the past of history in the two islands are significant to be understood in terms of social cultural, economic and political development in which their influences can be seen at the modern and postmodern Balinese culture. The development of Balinese temple of Besakih can be considered in the 11th century, while for Sukuh and Cetho temple after the fall of Majapahit kingdom in the 15th century. Therefore, it can be said that Hindu did not only develop in Bali, but also in Central Java, in which the development of Hindu for the beginning already took place indeed in the 7th to 8th in the context of Hindu Mataram namely in the era of king Sanjaya. The main questions that are need to be addressed in this paper are how was the process of the end of Majapahit culture that caused the cultural indigenization in the central Java such as shown in the temple of Sukuh and Cetho? Secondly, in which cultural context that occurred since the Javanese kingdoms did not influence the strength of the Hindu culture in the later period? Thirdly, how can it be compared the similarity and the difference between the indigenization in Bali and in Central Java?and lastly how the Balinese and the Javanese interprete their own culture in terms of local wisdom? By addressing these questions, it is expected to have a better understanding on how both communities can strengthen their own culture in the context of their prosperity.

Fiscal Policy in Europe

2007 ◽  
Vol 201 ◽  
pp. 33-36 ◽  
Author(s):  
Ray J Barrell ◽  
Sylvia Gottschalk
Keyword(s):  
Budget Deficit ◽  
Stochastic Simulations ◽  
Forecast Errors ◽  
Budget Deficits ◽  
Government Budget ◽  
The Past ◽  
Large Numbers ◽  
The Difference ◽  
The Government ◽  
One Year

In the past twelve months the government budget situation in Germany has improved markedly, and the budget deficit has moved from 3.2 per cent of GDP in 2005 to 1.7 per cent in 2006, with further improvements in prospect. Over the same period in France, the budget deficit moved marginally from 3 per cent of GDP in 2005 to 2.5 per cent of GDP in 2006. The prospects for further improvement appear limited as the new government plans to cut taxes to stimulate the economy. Projections for budget deficits are very uncertain, as they are the difference between two large numbers (receipts and spending) that are difficult to predict accurately. Figures 1 and 2 plot the errors around our budget projections for France and Germany based on stochastic simulations on NiGEM. The 95 per cent confidence limit for our forecast one year ahead is around 1 per cent of GDP around our central forecast, and uncertainty increases into the future. As we can see from figures 3 and 4, our forecast errors for France and Germany have been well within the 95 per cent bands in the past three years, except for our one year ahead forecast for Germany for 2006. The budget improved by 1.5 per cent of GDP more than we had anticipated, and this appears to have been due to unexpectedly high tax receipts, rather than to changed policy.

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