Causal Relation Between Economic Growth And Fdi: Evidence from South and East Asia

2011 ◽  
Vol 4 (6) ◽  
pp. 123-127
Author(s):  
Abdus Samad ◽  
Keyword(s):  
Economic Growth ◽  
East Asia ◽  
Causal Relation

The Developmental Trading State

2017 ◽  
Author(s):  
Alex J. Bellamy
Keyword(s):  
Economic Growth ◽  
East Asia ◽  
National Economy ◽  
East Asian ◽  
The State ◽  
State Model ◽  
Principal Function ◽  
Mass Violence ◽  
The Way

This chapter demonstrates that the downwards pressure that state consolidation placed on mass violence was amplified by the type of state that emerged. Across East Asia, governments came to define themselves as “developmental” or “trading” states whose principal purpose was to grow the national economy and thereby improve the economic wellbeing of their citizens. Governments with different ideologies came to embrace economic growth and growing the prosperity of their populations as the principal function of the state and its core source of legitimacy. Despite some significant glitches along the way the adoption of the developmental trading state model has proven successful. Not only have East Asian governments succeeded in lifting hundreds of millions of people out of poverty, the practices and policy orientations dictated by this model helped shift governments and societies away from belligerent practices towards postures that prioritized peace and stability. This reinforced the trend towards greater peacefulness.

Has the Internet increased FDI, economic growth, and trade? Evidence from Asian economies

2021 ◽  
pp. 026666692199974
Author(s):  
Zi Hui Yin ◽  
Chang Hwan Choi
Keyword(s):  
Economic Growth ◽  
East Asia ◽  
South Asia ◽  
Internet Use ◽  
The Internet ◽  
Economic Factors ◽  
Vector Autoregressive ◽  
Western Asia ◽  
Asian Economies ◽  
Transaction Efficiency

This study examines the causal relationship between the Internet and economic factors in Asian economies between 1997 and 2017. The economic factors consist of gross domestic product (GDP), foreign direct investment (FDI), imports, and exports. A comparative analysis of East, South, and Western Asia was conducted using a panel vector autoregressive model. The findings show bidirectional causality between FDI and Internet use in South Asia, unidirectional causality from Internet use to FDI in East Asia, and unidirectional causality from FDI to Internet use in Western Asia. Moreover, the findings indicate unidirectional causality from exports to Internet use in East Asia and unidirectional causality from Internet use to exports in South Asia, but no impact in Western Asia. Finally, the results show unidirectional causality from Internet use to GDP in Western Asia. As these results suggest that Internet use has boosted economic performance in Asia, policy makers in the region should improve Internet use with a focus on economic growth, improving transaction efficiency, and facilitating foreign investment.

Status and Prospects of Economic Development in East Asia

2014 ◽  
pp. 42-52
Author(s):  
M. Potapov
Keyword(s):  
Economic Growth ◽  
East Asia ◽  
Industrial Development ◽  
Free Trade Area ◽  
Chinese Economy ◽  
Domestic Investment ◽  
Trade Area ◽  
Structural Problems ◽  
East Asia Region ◽  
Post Industrial

The East Asia region had survived the global economic crisis of 2008–2009. However, the general slowdown in the region indicates many structural problems. The Chinese economy actively switches to the domestic market, giving priority to domestic investment and consumer demand in the maintenance of the economic growth. The development of integration processes in East Asia leaves open the question of the formation of a region-wide free trade area. East Asia is capable to retain the role of economic growth locomotive, moving towards the level of post-industrial development.

scholarly journals The Rise of Container Tonnage and Port Developments in East Asia

2015 ◽  
Vol 1 (2) ◽  
pp. 189 ◽  
Author(s):  
Mariner Wang
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
East Asia ◽  
Container Terminals ◽  
The World ◽  
Substantial Investment ◽  
Huge Impact

1990’s saw the robust expansion of international trade in East Asia generating a remarkable record high and sustained economic growth unmatched by any other region in the world. In line with this, container tonnage in the region has been ever increased annually. In light of this, the governments in the main ports of the region have plunged substantial investment in expanding and developing new container terminals to cope with the ever increased cargoes out/to the region. Though Lehman Shock in 2008 has given a huge impact on the container volumes in Asia, ports in the East Asia are seen to continue to handle the lion’s share of global container business. In 2013, the container throughput of East Asia accounted for 51.2 per cent out of that of the world, becoming the world container center.

scholarly journals Infrastructure And Economic Growth In East Asia

2008 ◽  
Author(s):  
Stephane Straub ◽  
Charles Vellutini ◽  
Michael Warlters
Keyword(s):  
Economic Growth ◽  
East Asia

scholarly journals Pakistan’s Productivity Performance and TFP Trends, 1980–2015: Cause for Real Concern

2016 ◽  
Vol 21 (Special Edition) ◽  
pp. 33-63 ◽  
Author(s):  
Rashid Amjad ◽  
Namra Awais
Keyword(s):  
Economic Growth ◽  
East Asia ◽  
Total Factor Productivity ◽  
Labor Productivity ◽  
Productivity Growth ◽  
Output Growth ◽  
Factor Productivity ◽  
Sustained Growth ◽  
Growth Prospects ◽  
High Output

This paper reviews Pakistan’s productivity performance over the last 35 years (1980–2015) and identifies factors that help explain the declining trend in labor productivity and total factor productivity (TFP), both of which could have served as major drivers of productivity growth – as happened in East Asia and more recently in India. A key finding is that the maximum TFP gains and their contribution to economic growth are realized during periods of high-output growth. The lack of sustained growth and low and declining levels of investment appear to be the most important causes of the low contribution of TFP to productivity growth, which has now reached levels that should be of major concern to policymakers vis-à-vis Pakistan’s growth prospects.

scholarly journals Analysis on the Effects of Quality of Financial Statements, Over GDP Forecasting Models. An Empirical Cross-Country Approach

2020 ◽  
Vol 15 (3) ◽  
pp. 236-260
Author(s):  
Burca Valentin ◽  
Mates Dorel ◽  
Bogdan Oana
Keyword(s):  
Economic Growth ◽  
Financial Reporting ◽  
Structural Changes ◽  
Causal Relation ◽  
Forecast Error ◽  
Financial Statements ◽  
Institutional Framework ◽  
Gdp Growth ◽  
The Impact

Abstract Under increasing macroeconomic uncertainty, governments base their economic policies on high-precision GDP estimates. The models considered based on building-up government budgets incorporate main drivers of economic growth, identified along a large range of empirical studies, mostly focused on economic productivity, factor accumulation, human capital, innovation and transfer of technology, structural changes, or institutional framework. However, there is little evidence related to the impact of accounting and assurance regulation on economic growth. Our study attempts to assess the significance of causal relation between forecasting error on GDP growth and quality of accounting standards, respectively quality of financial statements. The study analyzes the causal relation between country level measures of quality of financial reporting, synthetized by Isidro et. al. (2019), and the measure of GDP growth estimate mean error. Our results confirm a significant impact of quality of the output of financial reporting practice, related to disclosure quality and asymmetric timeliness. The results remain similar, even after controlling for accounting convergence influence. Checking for robustness of the model, we observe the main drivers of one year ahead GDP forecast error are related to institutional framework to issue high quality standards and enforce them properly. The results emphasize once again the role of economic development and corresponding complexity of economic activities and political framework impact on accounting regulation and subsequently on macroeconomic measures.

scholarly journals East Asian ‘Econophoria’ in Theory and Practice

2016 ◽  
Vol 17 (1) ◽  
pp. 101-120
Author(s):  
Brendan Howe
Keyword(s):  
Economic Growth ◽  
East Asia ◽  
Wealth Distribution ◽  
East Asian ◽  
Theory And Practice ◽  
Operating Environment ◽  
Economic Growth And Development ◽  
Success Stories ◽  
Governance Challenges ◽  
Low Tension

‘Econophoria’ is the hope that the solution of all governance challenges, whether international or domestic, can be sought through economic growth and development. It is prevalent in the East Asian region, where tremendous economic development success stories have gone hand-in-hand with lengthy periods without interstate war. This paper explores the theoretical underpinnings and antecedents for econophoria, and how it has manifest in practice in East Asia. It also raises, however, a number of questions which challenge the underlying assumptions of peace though trade and economic growth paradigms in East Asia. How does the skewed wealth distribution that is associated with macro-economic growth affect the internal stability and peace of the societies in East Asia? Does this have an impact on the propensity of the governments to contain the conflicts they have with their neighbours at a level of low tension? Is the pursuit of economic growth prior to, or at the expense of, human rights and the wellbeing of the most vulnerable sustainable in the contemporary international operating environment?

South East Asia in Conditions of World Financial and Econommic Crisis

2010 ◽  
pp. 38-46
Author(s):  
E. Kanaev ◽  
A. Kurilko
Keyword(s):  
Economic Growth ◽  
Financial Crisis ◽  
East Asia ◽  
South East Asia ◽  
Structural Reforms ◽  
Domestic Consumption ◽  
Communication Partners ◽  
Detailed Specification ◽  
Asean Countries

The 1997–1998 financial crisis brought the issue of necessity to implement deep structural reforms to the agenda in South-East Asia countries. Domestic consumption encouragement, increase of cooperation between different countries' real sectors of economy and strengthening the role of the ASEAN countries in both anti-crisis arrangements and arriving at consensus on interaction with communication partners became focus areas. The detailed specification of measures assumed by particular countries of the region to mitigate crisis effects, stabilize economy and formulate a strategy of economic growth is presented in the article.

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