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.

Factors Driving Openness in China Trade: Corruption, Exchange Rate Volatility, and Macro Determinants

2021 ◽  
pp. 2150016
Author(s):  
Thong Trung Nguyen ◽  
Toan Luu Duc Huynh ◽  
Wing-Keung Wong
Keyword(s):  
Exchange Rate ◽  
Positive Impact ◽  
Critical Role ◽  
Trade Openness ◽  
Generalized Method Of Moments ◽  
Exchange Rate Volatility ◽  
Political Stability ◽  
Economic Factors ◽  
Efficient Management ◽  
Negative Effect

Trade openness plays a critical role in the growth of China and its partners. Using a system generalized method of moments (system GMM) estimator and quantile regression, a new viewpoint is presented on trade openness in China for institutional and economic factors over 15 years with 192 economies. The empirical findings provide two contrasting views. Intriguingly, China is seeking to broaden this strategy to countries with less control over corruption and low political stability. By categorizing countries as advanced, emerging, and developing, the study provides the evidence that exchange rate volatility has a negative effect on trade openness, while investment, labor force, and broad money share a positive impact. This study suggests that Chinese policymakers should further boost financial reform to promote trade development. Other countries desirous of greater trade openness with China should have more efficient management of macroscopic economic factors. Finally, the study also examines the two main groups of international offshore financial center from econometric convergence test and club clustering for trade openness in China from the worldwide perspective.

South-east Asia lacks unified riposte to Islamic State

2018 ◽  
Keyword(s):  
East Asia ◽  
East Asian ◽  
Civil Liberties ◽  
South East Asia ◽  
Islamic State ◽  
Asian Countries ◽  
Security Risks ◽  
Content Type ◽  
Counter Terrorism ◽  
Legal Frameworks

Subject South-east Asia's regional response to Islamic State. Significance South-east Asian countries face security risks from Islamic State (IS)-affiliated militants. States are seeking to coordinate action at a region-wide level, with the ASEAN-Australia Special Summit last month including a parallel Counter-Terrorism Conference. Impacts Washington will likely use support for counterterrorism to develop defence relations in South-east Asia. Tougher legal frameworks to combat terrorism could result in laws that constrain civil liberties. For Australia, stronger ties with ASEAN could encourage a more conciliatory approach to the region’s autocratic regimes.

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.

Determinants of Terrorism in South Asia

2018 ◽  
Vol 8 (4) ◽  
pp. 16-34 ◽  
Author(s):  
Ramesh Chandra Das ◽  
Sovik Mukherjee
Keyword(s):  
South Asian ◽  
Youth Unemployment ◽  
Political Stability ◽  
Economic Factors ◽  
Asian Countries ◽  
Education Expenditure ◽  
Dynamic Panel ◽  
The World ◽  
Dynamic Panel Models ◽  
Socio Economic Factors

Terrorist activities in the post-Paris Peace Treaties have emerged as one of the most perilous agendas that are troubling the world economies and political figures in securing their nations and regions. Several socio-economic factors were evidenced to be the crucial factors in determining terrorist activities all around the world. The present article strives to identify the significance of several socio economic factors, namely, refugee population, access to good sanitation facilities, youth unemployment rate, percentage of education expenditure to GDP, percentage of military expenditure to GDP, per capita GDP and political stability in the panel of seven South Asian countries and China for the period 2002-2016. By applying both static and dynamic panel models, the article observes that all of the selected variables explain the terrorism index with expected signs. The article thus prescribes that the governments of the selected countries should concentrate on allocating their budgets on the improvements of sectors underlying the associated indicators.

scholarly journals Causes Of Corruption: Dynamic Panel Data Analysis Of Some Post Soviet Countries And East Asian Countries

2011 ◽  
Vol 27 (1) ◽  
Author(s):  
Güzin Bayar
Keyword(s):  
Panel Data ◽  
Panel Data Analysis ◽  
Ethical Problem ◽  
East Asian ◽  
Civil Liberties ◽  
Dynamic Panel Data ◽  
Political Rights ◽  
Asian Countries ◽  
Dynamic Panel ◽  
Country Level

Corruption is an important social and ethical problem. Determining root causes of it should be the first step to fight it. In this study, using a dynamic panel data approach, we try to determine the likely causes of level of corruption in some of the former USSR countries and East Asian countries. Regression results show that, past values of corruption and the level of political rights in a country are the factors that are most affecting the level of corruption in a country. Degree of opennes to the foreign trade, interference of government in the economy, FDI inflows, degree of civil liberties seem not to have significant effect on corruption level in a country. Level of inflation, unemployment, per capita GDP seems not to be among the causes of corruption, but rather they are <span>“caused by the corruption”. There seems no significant differences between East </span><span>Asian Countries and post-communist countries in terms of corruption level, when the effect of other variables are kept constant. </span>

Creativity in East Asian Countries

Asia Review ◽  
2015 ◽  
Vol 4 (2) ◽  
pp. 31
Author(s):  
Cheong-Tag Kim
Keyword(s):  
East Asian ◽  
Asian Countries

“YOUTH BULGES” IN EUROPE AND ASIA: HISTORICAL PERSPECTIVE AND ECONOMIC FACTORS OF RISK ACTIVATION

2020 ◽  
Vol 1 (6) ◽  
pp. 214-224
Author(s):  
Yu. V ZIN’KINA ◽  
Keyword(s):  
Population Structure ◽  
Historical Perspective ◽  
Scientific Literature ◽  
Political Stability ◽  
Economic Factors ◽  
Key Factors ◽  
Political Demography ◽  
Economic Nature

The article considers the phenomenon of “youth bulges” - the appearance in the population structure of numerous youth cohorts. The connection between the emergence of a “youth bulges” in society and the risks of political destabilization, which attracted the attention of a number of experts in the field of political demography, is analyzed and confirmed by examples from countries of two regions - Europe and Asia, where, unlike Europe, the influence of the phenomenon of “youth bulges” on political stability was not previously considered systematically. A significant layer of scientific literature has been analyzed and systematized, considering economic factors that increase the risk of political destabilization against the backdrop of a “youth bulges”; the key factors of an economic nature and their relationship with each other are highlighted.

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