scholarly journals Determinants of Poverty in ASEAN Countries

2021 ◽  
Vol 1 (3) ◽  
pp. 110-114
Author(s):  
Sri Rahayu Budi Hastuti ◽  
Didit Welly Udjianto

Poverty reduction is a significant concern of all governments in the world, including in Southeast Asia. The research objective is to analyze the determinant of poverty in eight countries of ASEAN using panel data analysis, with an analysis period of 2015-2019. The results show that economic openness and inflation variables can influence the poverty level in eight ASEAN countries. In contrast, the financial sector and economic growth variables do not affect the poverty level. The implication of the results of this study is that the financial sector only facilitates the upper-middle class, and the economic growth has not been inclusive to the poor.

Mathematics ◽  
2020 ◽  
Vol 8 (12) ◽  
pp. 2217
Author(s):  
Ioan Batrancea ◽  
Larissa Batrancea ◽  
Malar Maran Rathnaswamy ◽  
Horia Tulai ◽  
Gheorghe Fatacean ◽  
...  

Each country designs its own scheme to achieve green financing and, in general, credit is considered to be a fundamental source of greening financial systems. The novelty of this study resides in that we examined green financing initiatives in USA, Canada and Brazil by focusing on major components of the financial systems before, during and after the 2008 world financial crisis. By means of panel data analysis conducted on observations ranging across the period 1970–2018, we investigated variables such as domestic credit from banks, domestic credit from the financial sector, GDP, N2O emissions, CO2 emissions and the value added from agriculture, forest and fishing activities. According to our findings, domestic credit from banks was insufficient to achieve green financing. Namely, in order to increase economic growth while reducing global warming and climate change, the financial sector should assume a bigger role in funding green investments. Moreover, our results showed that domestic credit from the financial sector contributed to green financing, while CO2 emissions remained a challenge in capping global warming at the 1.5 °C level. Our empirical study supports the idea that economic growth together with policies targeting climate change and global warming can contribute to green financing. Over and above that, governments should strive to design sustainable fiscal and monetary policies that promote green financing.


Media Ekonomi ◽  
2015 ◽  
Vol 23 (2) ◽  
pp. 107
Author(s):  
Desyana Eka Pramasty ◽  
Lydia Rosintan

<p><em>Economic growth is also one of the most important indicators</em><em> </em><em>in determining the standard of living of people in a country, because of an increase in the production capacity of an economy that is manifested in the form of national income. Economic growth is an indication of the success of economic development, measured by comparing, for example, for domestic size, Gross Domestic Product (GDP) in the current year with the previous year. This study aimed to analyze the factors that affect economic growth in seven ASEAN countries period from 1996-2013. This study use panel data analysis. The factors that affect economic growth in seven ASEAN countries, namely foreign debt, foreign direct investment, and the rate of inflation. Based on panel data analysis of the results showed that the foreign debt has negative effect and significant on economic growth, foreign direct investment has positive effect and significant on economic growth and inflation rate has negative effect and significant on economic growth in seven ASEAN countries period from 1996-2013.</em></p>


2016 ◽  
Vol 13 (2) ◽  
pp. 110-128
Author(s):  
William Amone

This article provides a discussion of economic growth and development, including new perceptions that have arisen. It covers the trending issues of inclusive growth, global poverty and the miraculous economic growth of the East Asian economies. The article identifies the major determinants of economic growth and the key objectives of economic development. It also acknowledges the fact that inclusive and sustainable economic growth is crucial for long-term poverty reduction, and that for growth to be effective in reducing poverty it must be broad-based, targeting the poor or those formerly bypassed by development. Although most regions of the world are achieving rapid economic growth, poverty, unemployment and food shortages seem to be persisting. Inequality and social exclusion are even rising in many countries. Women remain most affected globally in all forms of afflictions. Despite the global advocacy for inclusive growth by the World Bank, IMF, WTO , WHO and OECD, many developing countries are yet to appreciate the concept and to achieve holistic sustainable growth that benefits all people. Asia seems to have witnessed more stable and inclusive growth than other developing regions in the past four decades.


Author(s):  
Mesut Savrul ◽  
Ahmet İncekara

Globalization is generally expressed as the integration of countries into the external world in economic, social and political contexts. One of the most important indicators of the level of development of a country is the economic growth performance of the mentioned country. It is therefore important to examine whether the globalization process affects economic growth. Although both the developing countries and the developing ones are deeply affected by the globalization process, it's clearly visible that developing South Asian economies get use of globalization better than many other regions of the world by implementing successful policy planning and policy implementations. In this framework, this study investigates the effect of globalization on economic growth of the member countries of ASEAN. The data used in the study is obtained from globalization index of KOF Swiss Economic Institute and national accounts database of UNCTAD. GDP and three dimensions of globalization variables of the ASEAN countries are evaluated using panel data analysis within the scope of study. The results of the analysis show that globalization has a significant effect on economic growth of the member countries of the ASEAN.


2020 ◽  
Vol 2 (2) ◽  
pp. 20
Author(s):  
Rahmi Nuraini Purnomo

The era of globalization demands an increasingly broad economic openness from every country in the world, both openness in foreign trade (trade openness) and openness to the financial sector. In theory, economic openness benefits all countries involved. The advantages of trade openness include opening up wider market access to achieving higher levels of efficiency and economic competitiveness, as well as opportunities for greater employment. Openness in the financial sector can encourage the entry of foreign capital (capital inflow), and accelerate the occurrence of capital accumulation and technology transfer. This study aims to analyze the effect of economic openness on economic growth in ASEAN (Indonesia, Malaysia, Singapore, Thailand, Philippines, Vietnam, Brunei Darussalam, Cambodia) for the period 2000 - 2017. This study uses panel data regression analysis with a fixed effect approach.               The method in this study uses quantitative research by conducting hypothesis testing. The data used are secondary data from ASEAN countries in 2007-2017 by looking at publications at the World Bank. This study uses panel data, where the panel data is a combination of cross section and time series data. The analytical tool used is panel data regression analysis using the Eviews9 program. Then the best panel data regression model is estimated.               From the stages of analysis carried out, the results of data analysis showed that the results of the panel data estimation selected the best model were Fixed Effext Model (FEM). Hypothesis testing of the results of the Trade Openness (TO) and Foreign Direct Investment (FDI) model have a positive and significant effect on ASEAN Economic Growth (G), while the government expenditure variable (GOV) has no significant positive effect. The inflation variable (INF) has no effect on economic growth.


Author(s):  
Jock R. Anderson ◽  
Regina Birner ◽  
Latha Najarajan ◽  
Anwar Naseem ◽  
Carl E. Pray

Abstract Private agricultural research and development can foster the growth of agricultural productivity in the diverse farming systems of the developing world comparable to the public sector. We examine the extent to which technologies developed by private entities reach smallholder and resource-poor farmers, and the impact they have on poverty reduction. We critically review cases of successfully deployed improved agricultural technologies delivered by the private sector in both large and small developing countries for instructive lessons for policy makers around the world.


Sign in / Sign up

Export Citation Format

Share Document