scholarly journals DAMPAK PERTUMBUHAN EKONOMI, KONTROL KORUPSI, DAN YIELD TERHADAP INVESTASI ASING DI PASAR SUN

2021 ◽  
Vol 5 (2) ◽  
Author(s):  
Wahyu Tri Rahmawati ◽  
Willem A. Makaliwe
Keyword(s):  
Economic Growth ◽  
Emerging Markets ◽  
Foreign Investment ◽  
Quantitative Methods ◽  
Panel Data Analysis ◽  
Developed Countries ◽  
High Yield ◽  
Foreign Investor ◽  
Pull Factors ◽  
The Government

ABSTRACT   Foreign investment in debt securities in Indonesia continues to grow. Foreign investor ownership in Government Securities (SUN) reached 39% at the end of 2019 from initially only less than 1% at the end of 2002. Foreign investor hold the largest ownership in tradable Government Securities. This study discusses the push and pull factors of foreign portfolio in debt securities investment in emerging markets and Indonesia on the period of 2000-2017. This research uses quantitative methods with panel data analysis. The results showed that economic growth, corruption control, dan financial openness were the main pull factors for foreign investment in debt instruments in emerging markets. Low yield in developed countries was the push factor of foreign investment in debt securities into emerging markets. In addition to economic growth and corruption control, yield on local debt instruments attract foreign investment in debt securities in Indonesia. The results showed that the yield on local debt securities have a negative effect on foreign investment in Indonesian debt securities so that the government does not need to provide too high yield on Government Securities.

Growth and Social Capital: Empirical Analysis of the Relationship

2019 ◽  
pp. 128-134
Author(s):  
Ksenia V. Bagmet
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Economic Development ◽  
Social Development ◽  
Empirical Analysis ◽  
Panel Data Analysis ◽  
Well Being ◽  
Developed Countries ◽  
International Institute ◽  
Level Of Economic Development

The article provides an empirical test of the hypothesis of the influence of the level of economic development of the country on the level of development of its social capital based on panel data analysis. In this study, the Indices of Social Development elaborated by the International Institute of Social Studies under World Bank support are used as an indicators of social capital development as they best meet the requirements for complexity (include six integrated indicators of Civic Activism, Clubs and Associations, Intergroup Cohesion, Interpersonal Safety and Trust, Gender Equality, Inclusion of Minorities), comprehensiveness of measurement, sustainability. In order to provide an empirical analysis, we built a panel that includes data for 20 countries divided into four groups according to the level of economic development. The first G7 countries (France, Germany, Italy, United Kingdom); the second group is the economically developed countries, EU members and Turkey, the third group is the new EU member states (Estonia, Latvia, Lithuania, Romania); to the fourth group – post-Soviet republics (Armenia, Georgia, Russian Federation, Ukraine). The analysis shows that the parameters of economic development of countries cannot be completely excluded from the determinants of social capital. Indicators show that the slowdown in economic growth leads to greater cohesion among people in communities, social control over the efficiency of distribution and use of funds, and enforcement of property rights. The level of tolerance to racial diversity and the likelihood of negative externalities will depend on the change in the rate of economic growth. Also, increasing the well-being of people will have a positive impact on the level of citizens’ personal safety, reducing the level of crime, increasing trust. Key words: social capital, economic growth, determinant, indice of social development.

scholarly journals Determinants of Foreign Portfolio Inflows: Analysis and Implications for China

2015 ◽  
Vol 7 (2) ◽  
pp. 66 ◽  
Author(s):  
Fayyaz Ahmad ◽  
Muhammad Umar Draz ◽  
Su-chang Yang
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Emerging Markets ◽  
Foreign Investment ◽  
Multiple Regression Model ◽  
Vital Role ◽  
Gdp Growth ◽  
Significant Determinant ◽  
Earnings Expectations ◽  
Number Of Factors

<p>In emerging markets, a number of factors like GDP growth, market efficiency and higher earnings expectations play a vital role in attracting stable and smooth foreign investment. This work is intended to explore the determinants of FPI in China and compare the results with determinants of FPI in India explored by Garg and Dua (2014). We have applied multiple-regression model for ten years’ data ranging from 2001 to 2010. The results indicate that external debts are the most significant determinant of FPI for China. We concur with Garg and Dua (2014) that GDP growth, FDI and exchange rate are among the significant determinants of FPI. Our findings suggest that China needs to sustain its economic growth in order to attract more FPI.</p>

MODERATING EFFECT OF ECONOMIC GROWTH ON FINANCIAL PERFORMANCE OF MERGED INSTITUTIONS

2017 ◽  
Vol 1 (1) ◽  
pp. 38
Author(s):  
Dr. Agnes Ogada ◽  
Dr. George Achoki ◽  
Dr. Amos Njuguna
Keyword(s):  
Economic Growth ◽  
Financial Performance ◽  
Financial Services ◽  
Panel Data Analysis ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
Moderating Effect ◽  
Primary Data ◽  
The Government ◽  
To Come

Purpose: The purpose of the study was to determine the moderating effect of economic growth on financial performance of merged institutions Methodology: The study adopted a mixed methodology research design. The study population included all the 51 merged financial service institutions in Kenya. Purposive sampling was used. Primary data was obtained from questionnaires and a secondary data collection template was also used. The researcher used quantitative techniques in analyzing the data. Descriptive analysis for the study included the use of means, frequencies and percentages.  Inferential statistics such as correlation analysis was also used. Panel data analysis was also applied. Further, a pre and post merger analysis was used.Results: There was a significant relationship between the moderating effect of economic growth and financial performance of merged institutions.Unique contribution to theory, practice and policy: The government and Central Bank of Kenya to come up with strategies and policies to protect the financial services sector due to its immense contribution to the economy of the country by formulating policies aimed at controlling the effects of rapid fluctuations of the macro economic factors and their effects on the sector.

Political uncertainty will deter investment in Fiji

2015 ◽  
Keyword(s):  
Economic Growth ◽  
Foreign Investment ◽  
Political Stability ◽  
Asian Countries ◽  
Content Type ◽  
Ethnic Populations ◽  
Regional Demand ◽  
Growth Prospects ◽  
The Government ◽  
Economic Outlook

Subject The economic outlook for Fiji. Significance Fiji has returned to political stability and a degree of international legitimacy in recent years, albeit in a context of poor to moderate economic growth. GDP growth of 4.0 % is forecast for 2015, but the outlook for Fiji's main industries (tourism, gold and services) remains stagnant as aggregate regional demand for resources slumps and Fiji's comparative advantage as a regional services hub erodes. Impacts The government will actively promote FDI to boost Fiji's lacklustre economic growth prospects. The government will promote agriculture and fisheries to provide opportunities for disadvantaged rural and ethnic populations. Foreign investment in tourism will probably increase slowly as demand from Asian countries grows. Fiji's dominance in the South Pacific economy will likely diminish as advances in ICT allow it to be bypassed. Ways must be found to prevent loss of trained and educated personnel if Fiji is to maintain its central role.

Australia will seek foreign infrastructure money

2019 ◽  
Keyword(s):  
Population Growth ◽  
Foreign Investment ◽  
Foreign Investor ◽  
State Governments ◽  
Foreign Investors ◽  
Content Type ◽  
Competitive Disadvantage ◽  
The Government ◽  
Budget Surplus ◽  
Tax Cuts

Significance Tax cuts were announced earlier this month for foreign investment in infrastructure, including transport, energy, water and communication. The move follows concerns that spending on infrastructure is too low for Australia’s projected population growth. Impacts The stimulus does not involve any new spending and will require the support of state governments, which co-fund some projects. Tax concessions will help ease a competitive disadvantage faced by foreign investors, but there will still be market barriers. Uncertain confidence in the current government could depress foreign investor interest. If it maintains the budget surplus, the government will keep backbenchers’ support.

scholarly journals The Impact of International Capital Flows on Jordan’s Economic Growth

2019 ◽  
pp. 214-220
Author(s):  
Basem M. Lozi ◽  
Mamoun Shakatreh
Keyword(s):  
Economic Growth ◽  
Capital Flows ◽  
Time Series Data ◽  
Developed Countries ◽  
International Capital Flows ◽  
Capital Inflows ◽  
Series Data ◽  
International Capital ◽  
The Government ◽  
The Impact

The aim of this study is to examine the impact of international capital flows on the economic growth in Jordan during the period from 2005 to 2017, The study also examines trends and composition of capital inflows. The study used descriptive analytical research method which was appropriate for the purpose of research. By using time series data, the study found that Foreign Direct Investment (FDI), foreign portfolio investment (FPI), grants (Gr) and Worker remittances (WR) are positively affecting the economic growth direct contribution. Based on the research results, the study came with a several recommendations, the most important recommendation is; the government of Jordan should create and relax the rules and regulations to attract more investors, and also the government should work hand in hand with the developed countries to create economic and employment opportunities, improve the country’s competitiveness, and expand growth within the private sector so that everyone in Jordan has the opportunity to contribute to a brighter future.

scholarly journals The Macro Effect Of Foreign Capital And Aid On The Economic Growth In Malaysia

2011 ◽  
Vol 1 (9) ◽  
Author(s):  
Caroline Geetha
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Multinational Corporations ◽  
Economies Of Scale ◽  
Foreign Capital ◽  
Developed Countries ◽  
Economic Interdependence ◽  
Developing Nation ◽  
The Government ◽  
The Developed Countries

Economic interdependence among nations of the world has become important and enormously complex. Foreign capital and aid is an important form of economic interdependence because they are the main components of capital formation especially for the developing nation. A significant amount of foreign capital and aid which has amounted to around $30 billion of the worlds gross domestic product, grows at an annual rate of 15 percent (higher than the economic growth rate of certain nation). Multinational corporations in search for profits in the developing nation undertake inflow and outflow of foreign capital in the form of foreign direct investment, skills and technology. This creates internal economies of scale for the parent company and external economies of scale for its subsidiaries. Overwhelming performance of foreign capital can also create external diseconomies of scale known as stunting effects for the developing nation. The government of the developed countries for political and humanitarian reasons also offers foreign aid. Foreign aid should be paired well with the stages of the economic development of a country to create increasing returns. This paper provides a critical analysis of growth in relation to foreign capital and aid in Malaysia. The analysis is divided into two sections. The first section looks at foreign capital and aid as an independent variable while the second section looks at foreign capital and aid as the dependent variable. Foreign capital is found to be positively correlated to economic growth and it is also highly significant compared to foreign aid which has no positive correlation and hardly contributes to Malaysias economic growth. Finally some policy options are recommended to improve the economic growth in Malaysia.

scholarly journals PENGARUH PERTUMBUHAN EKONOMI DAN TINGKAT PENDIDIKAN TERHADAP DISPARITAS PENDAPATAN DI WILAYAH GERBANGKERTOSUSILA

2017 ◽  
Vol 5 (1) ◽  
pp. 52
Author(s):  
Emi Nuraini
Keyword(s):  
Economic Growth ◽  
Educational Level ◽  
Regression Models ◽  
Total Population ◽  
Panel Data Analysis ◽  
Education Level ◽  
Income Disparity ◽  
Level Of Education ◽  
The Subject ◽  
The Government

This study aims to analyze the influence of economic growth and educational level towards income disparity on Gerbangkertosusila region either partially or simultaneously. Gerbangkertosusila in 2003-2012 becomes the subject of this research. In addition, the research uses sampling saturated and regression models for panel data analysis to achieve the aims of this study.The results of this study showed that (1) partially economic growth significantly does not influence the income disparity in Gerbangkertosusila region. The invention indicates that economic growth can not be distributed evenly. (2) The level of education have a significant effect on the income disparity of Gerbangkertosusila. The total population of high educated people in Surabaya is higher than others. So, Surabaya has higher income disparity too. (3) While simultaneously, economic growth and education level significanly influence the income disparity in Gerbangkertosusila region. The findings showed that Surabaya has different income disparity. It is because Surabaya as a capital area than other regencies as supporting area. So there is a high gap between capital and supporting area. The government is expected to be able to increase the industrial sector’s output, services and capital goods so that high economic growth can be achieved and more attention to the education sector, especially in the central areas of growth

scholarly journals THE IMPLEMENTATION OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) IN ANTI-CORRUPTION TO SUSTAIN ECONOMIC GROWTH

2020 ◽  
Vol 5 (2) ◽  
pp. 191
Author(s):  
Muhammad Arfan Pratama
Keyword(s):  
Economic Growth ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Developed Countries ◽  
Poverty Rate ◽  
High Poverty ◽  
Blockchain Technology ◽  
Information And Communication ◽  
The Government

Corruption is an extraordinary crime which gives domino effect on government systems. The impacts include low economic growth and high poverty rate. Corruption enriches certain class only so that the budget which is allocated for the development of the country cannot be fully absorbed. Public service facilities for health, education, and administration cannot operate optimally due to the stalled building construction. To increase the economic growth of a country, a structured improvement is needed by involving the role of citizen in monitoring the government system. The development of Information and Communication Technology (ICT) enhances the transparency of ongoing government systems and public services. Studies conducted by Qiang (2009) and Andersen (2009) showed that the implementation of ICT proved to be able to increase economic growth in developing and developed countries with an increase in GDP. Khan and Majeed (2019) also proved that the implementation of ICT and E-Government also increased GDP for Southeast Asian countries in the period 1980-2015. The ICT developments include e-government, big data analysis, blockchain technology, and whistleblowing systems. The implementation of ICT in government systems, such as licensing systems and procurement systems, provides increased transparency and quality so that economic growth also increases. It takes a lot of money to implement ICT in the government system, but it also becomes an opportunity for state officials to abuse their authority. An example of the use of ICT in Indonesia is the procurement of E-ID Cards. Therefore, the integrated whistleblowing system can be sought to guard the benefits of implementing ICT in increasing economic growth.

scholarly journals Inequality and Economic Growth: An Analysis of 8-Panels

2017 ◽  
Vol 3 (2) ◽  
pp. 173
Author(s):  
Khadijah A. Idowu ◽  
Yusuf Bababtunde Adeneye
Keyword(s):  
Economic Growth ◽  
Panel Data Analysis ◽  
Random Effect ◽  
Random Effect Model ◽  
Specific Effect ◽  
Developed Countries ◽  
Fixed Effect Model ◽  
Fixed Effect ◽  
Effect Model ◽  
The World

<p><em>Purpose: This paper investigates the effects of inequality on economic growth in the world using continental approach.</em><em></em></p><p><em>Design/methodology:<strong> </strong>Gini Coefficient and Gross Domestic Products (GDP) per capita were used to measure inequality and economic growth respectively. The study conducted a panel data analysis of the relationship between inequality and economic growth. The data span from 1991-2015. Five countries were selected each from seven continents and were also pooled together to constitute a single panel for 35 countries, thus establishing 8 panels. The Hausman test was conducted to determine whether a random or fixed effect model best fit pooled countries analysis or not.</em><em></em></p><p><em>Findings: Findings revealed that for the developing countries, high income inequality retards economic growth while for the developed countries such as Europe countries; the situation seems to be different. European countries as revealed in the findings showed that developed countries have benefited from inequality which has significantly and positively affected their economic growth. The results for Panel II (Asia countries) and Panel III (Europe countries) are in line with the study of Forbes (2000) and Li and Zou (1998) that documented that inequality boosts economic growth. Importantly, we found that inequality positively affects economic growth for Panels/Continents with fixed effect model while inequality negatively affects economic growth for Panels/Continents with random effect model.</em></p><p><em>Research Limitation: The study did not control for each continent differences. For African countries, weak institutional settings and environment is a key factor contributing to high inequality.</em><em></em></p><p><em>Originality: The paper was able to know the specific effect of inequality on economic growth in each continent in the World. This documents continents that have benefited from inequality and those that inequality has greatly affected their economies negatively.</em><em></em></p>

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