S. Sunardi, M. Ariyani, R. Febriani, G. Maharani, FU Regina Hoi Yee, R. Fujikura
The construction of dams and reservoirs often comprises the displacement of not only communities but also the livelihood of the communities itself. This study aims to explore the effects of Saguling Dam construction on the livelihood re-establishment of the displaced people, by paying more attention on the sociographic localities of the new settlement, i.e. the rural and peri-urban areas. A survey was conducted on two groups of resettlers equiped with structured questionnaire. The results indicated that the project has imposed hardship on the displaced people in the process of livelihood re-establishment. Beside changes and lost of occupation, lost of resources, and insufficient cash compensation, sociographic localities of the two groups determined their social capital, which was also vital to their livelihood reconstruction.
{"title":"Rebuilding Livelihood of the Rural and Peri-Urban Resettlers in Post-Involuntary Displacement of Saguling Dam Construction","authors":"S. Sunardi, M. Ariyani, R. Febriani, G. Maharani, FU Regina Hoi Yee, R. Fujikura","doi":"10.5296/JAD.V5I1.14421","DOIUrl":"https://doi.org/10.5296/JAD.V5I1.14421","url":null,"abstract":"The construction of dams and reservoirs often comprises the displacement of not only communities but also the livelihood of the communities itself. This study aims to explore the effects of Saguling Dam construction on the livelihood re-establishment of the displaced people, by paying more attention on the sociographic localities of the new settlement, i.e. the rural and peri-urban areas. A survey was conducted on two groups of resettlers equiped with structured questionnaire. The results indicated that the project has imposed hardship on the displaced people in the process of livelihood re-establishment. Beside changes and lost of occupation, lost of resources, and insufficient cash compensation, sociographic localities of the two groups determined their social capital, which was also vital to their livelihood reconstruction.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"44 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76366937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The People’s Republic of China (China) is a key leading economy in the Asia Pacific region. This study examines the relationship between the financial health, as measured by the Altman Z-Score, and corporate performance, as measured by the Return on Equity (ROE), of listed manufacturing companies in this market. A linear regression has been conducted between these variables to determine the magnitude and direction of their relationships. The trends of Z-Scores over a five-year period have also been analysed. The analysis covers the period from 2013 to 2017 (inclusive) and yields a statistically positive correlation between ROE and the Z-Score for the market. China registered moderate-to-strong mean and median Z-Scores. These findings further support the strong economic position of this market as an Asian giant.
{"title":"Financial Health & Corporate Performance: A Comparison of Manufacturing Companies in China","authors":"Foo See Liang, Shaakalya Pathak","doi":"10.5296/jad.v4i2.13839","DOIUrl":"https://doi.org/10.5296/jad.v4i2.13839","url":null,"abstract":"The People’s Republic of China (China) is a key leading economy in the Asia Pacific region. This study examines the relationship between the financial health, as measured by the Altman Z-Score, and corporate performance, as measured by the Return on Equity (ROE), of listed manufacturing companies in this market. A linear regression has been conducted between these variables to determine the magnitude and direction of their relationships. The trends of Z-Scores over a five-year period have also been analysed. The analysis covers the period from 2013 to 2017 (inclusive) and yields a statistically positive correlation between ROE and the Z-Score for the market. China registered moderate-to-strong mean and median Z-Scores. These findings further support the strong economic position of this market as an Asian giant.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"6 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81282072","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Development, as an ideology and practice, has been a matter of much contestation since its inception at the enlightened period. The way development has been understood, explained and practiced has undergone various experiments and directions over the time. Yet, what development is theoretically and what it should be in practice remains as contested and vague. This article is an attempt to examine the trajectory of development from its origin in the classical modernization to the more contemporary neo-liberal and post-development discourses. It is argued that the way development has been propagated by the modernists as economic growth and positive change has been vehemently challenged by the post-modernists on the ground that development is not only hegemonic, authoritative and dependency creating mechanism that routinely fails and but also produces unintended consequences on the lives of the people. Thus, there has been a growing realization that development needs to be rethought in a way that would promote an alternative development or even an alternative to development. Such a shift in perspectives and continuing deliberations on development has given rise to the question whether development has reached an impasse which needs to be pushed forward. By reviewing the existing literature, this article aims at unfolding the dynamic trajectory of development both as theory and practice, and argues that development is and continues to be an interesting and stimulating topic in social sciences given its vibrant engagement with and implications on various stakeholders both at the global and local contexts.
{"title":"Conceptualizing Development and Underdevelopment: From Classical Modernization to Contemporary Post-Development Discourse","authors":"M. Islam","doi":"10.5296/JAD.V4I2.13463","DOIUrl":"https://doi.org/10.5296/JAD.V4I2.13463","url":null,"abstract":"Development, as an ideology and practice, has been a matter of much contestation since its inception at the enlightened period. The way development has been understood, explained and practiced has undergone various experiments and directions over the time. Yet, what development is theoretically and what it should be in practice remains as contested and vague. This article is an attempt to examine the trajectory of development from its origin in the classical modernization to the more contemporary neo-liberal and post-development discourses. It is argued that the way development has been propagated by the modernists as economic growth and positive change has been vehemently challenged by the post-modernists on the ground that development is not only hegemonic, authoritative and dependency creating mechanism that routinely fails and but also produces unintended consequences on the lives of the people. Thus, there has been a growing realization that development needs to be rethought in a way that would promote an alternative development or even an alternative to development. Such a shift in perspectives and continuing deliberations on development has given rise to the question whether development has reached an impasse which needs to be pushed forward. By reviewing the existing literature, this article aims at unfolding the dynamic trajectory of development both as theory and practice, and argues that development is and continues to be an interesting and stimulating topic in social sciences given its vibrant engagement with and implications on various stakeholders both at the global and local contexts.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"95 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90335909","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The development of the industrial sector stimulates economic growth and development by reducing poverty and regional disparity, increasing export income, generating quality employment, as well as developing technological capabilities and productive capacities. It has been more than four decades since removing trade-related barriers, and tax incentives liberalized the Sri Lankan economy offered to foreign investors to attract FDI and promote the industrial sector. Hence, the objective of this study is to investigate the relationship between inward FDI and industrial sector performance of Sri Lanka at the aggregate level for the period 1980-2016. We use the Auto Regressive Distributed Lag (ARDL) model to identify the long-run relationship and short-run dynamics of the selected variables. ARDL bounds test verifies the existence of co-integration among the selected variables. The study fails to find a significant relationship between FDI and industrial sector growth of Sri Lanka in the long run as well as in the short run. The attraction of vertically integrated FDI that consists with advanced technology and value-added production is one of the solutions for overcoming the issue of low technology and knowledge of Sri Lankan industrial sector. Sri Lankan FDI strategy associated with industrial sector should consider the pull and push factors related to recipient and source country respectively. To promote the industrial sector via FDI, the government policy should focus on attracting more FDI that could be channeled into those sectors that would contribute to national competitiveness.
{"title":"The Effect of Foreign Direct Investment on Industrial Sector Growth: Evidence from Sri Lanka","authors":"Npg Samantha, Haiyun Liu","doi":"10.5296/JAD.V4I2.13339","DOIUrl":"https://doi.org/10.5296/JAD.V4I2.13339","url":null,"abstract":"The development of the industrial sector stimulates economic growth and development by reducing poverty and regional disparity, increasing export income, generating quality employment, as well as developing technological capabilities and productive capacities. It has been more than four decades since removing trade-related barriers, and tax incentives liberalized the Sri Lankan economy offered to foreign investors to attract FDI and promote the industrial sector. Hence, the objective of this study is to investigate the relationship between inward FDI and industrial sector performance of Sri Lanka at the aggregate level for the period 1980-2016. We use the Auto Regressive Distributed Lag (ARDL) model to identify the long-run relationship and short-run dynamics of the selected variables. ARDL bounds test verifies the existence of co-integration among the selected variables. The study fails to find a significant relationship between FDI and industrial sector growth of Sri Lanka in the long run as well as in the short run. The attraction of vertically integrated FDI that consists with advanced technology and value-added production is one of the solutions for overcoming the issue of low technology and knowledge of Sri Lankan industrial sector. Sri Lankan FDI strategy associated with industrial sector should consider the pull and push factors related to recipient and source country respectively. To promote the industrial sector via FDI, the government policy should focus on attracting more FDI that could be channeled into those sectors that would contribute to national competitiveness.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"50 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91390438","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Industrial development is increasing in complexity by economic inter-dependence within an economy. Between 1975 and 2010, Thailand’s industrial deepening was evidenced by an increase in average aggregate linkages. Backward linkages for manufacturing sectors is found to be above the agricultural and primary sectors as well as service sectors. Backward linkage improvement in the agricultural and primary sectors is matched by forward linkage improvement in the service sectors. Through the growth of intra-industry trade of the global supply chain, structural change is driven by the strong growth of manufacturing sectors, relative to the agricultural and primary sectors as well as the service sectors. Stationary backward and forward linkages in manufacturing sectors indicate constant reliance on imports and equally on the agricultural, primary and service sectors for input requirements and a strong reliance on export market for growth.
{"title":"Changing Trade Structure and Industrial Deepening in the Thai Economy","authors":"S. Kunnoot","doi":"10.5296/JAD.V4I2.13200","DOIUrl":"https://doi.org/10.5296/JAD.V4I2.13200","url":null,"abstract":"Industrial development is increasing in complexity by economic inter-dependence within an economy. Between 1975 and 2010, Thailand’s industrial deepening was evidenced by an increase in average aggregate linkages. Backward linkages for manufacturing sectors is found to be above the agricultural and primary sectors as well as service sectors. Backward linkage improvement in the agricultural and primary sectors is matched by forward linkage improvement in the service sectors. Through the growth of intra-industry trade of the global supply chain, structural change is driven by the strong growth of manufacturing sectors, relative to the agricultural and primary sectors as well as the service sectors. Stationary backward and forward linkages in manufacturing sectors indicate constant reliance on imports and equally on the agricultural, primary and service sectors for input requirements and a strong reliance on export market for growth.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"42 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81039459","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abrupt climate change is a reformulation of climate change theory that must be taken seriously. Building upon the speedy melting of the Arctic, the emergence of massive methane emissions and constantly increasing Keeling curve, the time span for global warming has been considerably reduced. This calls for a strong policy response from global coordination efforts in order to avoid Hawking irreversibly time point. Thus far, the UN bodies have done investigations into and conferences onto climate change. Faced with abrupt climate change, rapid policy implementation and management is the priority.
{"title":"Management of the Cop21 Policies: What Is Lacking in the Cop21 Project","authors":"J. Lane","doi":"10.5296/JAD.V4I2.13274","DOIUrl":"https://doi.org/10.5296/JAD.V4I2.13274","url":null,"abstract":"Abrupt climate change is a reformulation of climate change theory that must be taken seriously. Building upon the speedy melting of the Arctic, the emergence of massive methane emissions and constantly increasing Keeling curve, the time span for global warming has been considerably reduced. This calls for a strong policy response from global coordination efforts in order to avoid Hawking irreversibly time point. Thus far, the UN bodies have done investigations into and conferences onto climate change. Faced with abrupt climate change, rapid policy implementation and management is the priority.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"9 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-06-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75688388","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-05-04DOI: 10.1080/15339114.2017.1318710
Ergin Akalpler
ABSTRACT In this study, annual time series data is utilized to estimate the effects of unemployment, wages and inflation on the enlargement of trade and growth for Turkey between 1985 and 2015. Calculations show that OLS results can be spread and considered for a selected sample period where the results indicate that devaluing the Turkish lira made a limited contribution to Turkish trade. According to the Johansen cointegration test results for CPI and unemployment, the relationship reaches equilibrium in the long run. However, the effect of inflation and unemployment on trade enlargement is not significant and did not contribute to making Turkish producers competitive in international markets.
{"title":"Impact of Unemployment, Wages and Inflation on the Increase of Trade and Growth","authors":"Ergin Akalpler","doi":"10.1080/15339114.2017.1318710","DOIUrl":"https://doi.org/10.1080/15339114.2017.1318710","url":null,"abstract":"ABSTRACT In this study, annual time series data is utilized to estimate the effects of unemployment, wages and inflation on the enlargement of trade and growth for Turkey between 1985 and 2015. Calculations show that OLS results can be spread and considered for a selected sample period where the results indicate that devaluing the Turkish lira made a limited contribution to Turkish trade. According to the Johansen cointegration test results for CPI and unemployment, the relationship reaches equilibrium in the long run. However, the effect of inflation and unemployment on trade enlargement is not significant and did not contribute to making Turkish producers competitive in international markets.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"1 1","pages":"135 - 160"},"PeriodicalIF":0.0,"publicationDate":"2017-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78714719","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-05-04DOI: 10.1080/15339114.2017.1334565
Danuvas Sagarik
ABSTRACT This integrative study aims to answer the important question whether size of government together with government effectiveness have a positive relationship with selected socioeconomic development in ASEAN countries from 2000 to 2015. Public expenditure is used to represent the size of government and it has been and is still a common tool for many governments used to serve their goals in socioeconomic development, service provision, raising living standards, and many other objectives. Literature has linked public expenditure to positive outcomes of long-term economic growth and other dimensions of development. However, there can be certain factors affecting efficacy in public expenditure and socioeconomic development, especially institutional capacity. Therefore, from the public administration aspect, government effectiveness was incorporated to assess the relationship with socioeconomic development. This study argues that ASEAN countries which limited the growth of public expenditure perform as well as those with relatively big government.
{"title":"Size of Government, Effectiveness and Socioeconomic Development: A Comparative Analysis of ASEAN Countries","authors":"Danuvas Sagarik","doi":"10.1080/15339114.2017.1334565","DOIUrl":"https://doi.org/10.1080/15339114.2017.1334565","url":null,"abstract":"ABSTRACT This integrative study aims to answer the important question whether size of government together with government effectiveness have a positive relationship with selected socioeconomic development in ASEAN countries from 2000 to 2015. Public expenditure is used to represent the size of government and it has been and is still a common tool for many governments used to serve their goals in socioeconomic development, service provision, raising living standards, and many other objectives. Literature has linked public expenditure to positive outcomes of long-term economic growth and other dimensions of development. However, there can be certain factors affecting efficacy in public expenditure and socioeconomic development, especially institutional capacity. Therefore, from the public administration aspect, government effectiveness was incorporated to assess the relationship with socioeconomic development. This study argues that ASEAN countries which limited the growth of public expenditure perform as well as those with relatively big government.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"368 1","pages":"112 - 91"},"PeriodicalIF":0.0,"publicationDate":"2017-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74186574","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-05-04DOI: 10.1080/15339114.2017.1319285
S. Katircioğlu, Setareh Katircioglu, M. Altinay
ABSTRACT The present study investigates interactions between imports and energy consumption in the case of Turkey, which heavily depends on enervngy imports over the years. Empirical results reveal that energy consumption exerts significant effects on imports both in the long-term and short-term periods. Results from causality, impulse responses, and variance decompositions do also show that energy consumption exerts significant effects on real income and real exchange rates in Turkey. The major findings of this study reveal that alternative local energy sources and renewable energy sources are needed in order to reduce foreign import dependency and current account deficits in Turkey.
{"title":"Interactions between Energy Consumption and Imports: Empirical Evidence from Turkey","authors":"S. Katircioğlu, Setareh Katircioglu, M. Altinay","doi":"10.1080/15339114.2017.1319285","DOIUrl":"https://doi.org/10.1080/15339114.2017.1319285","url":null,"abstract":"ABSTRACT The present study investigates interactions between imports and energy consumption in the case of Turkey, which heavily depends on enervngy imports over the years. Empirical results reveal that energy consumption exerts significant effects on imports both in the long-term and short-term periods. Results from causality, impulse responses, and variance decompositions do also show that energy consumption exerts significant effects on real income and real exchange rates in Turkey. The major findings of this study reveal that alternative local energy sources and renewable energy sources are needed in order to reduce foreign import dependency and current account deficits in Turkey.","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"30 1","pages":"161 - 178"},"PeriodicalIF":0.0,"publicationDate":"2017-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80743174","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-04-20DOI: 10.1080/15339114.2017.1313752
J. Cheng
{"title":"Asian Countries and the Arctic Future","authors":"J. Cheng","doi":"10.1080/15339114.2017.1313752","DOIUrl":"https://doi.org/10.1080/15339114.2017.1313752","url":null,"abstract":"","PeriodicalId":53585,"journal":{"name":"Journal of Comparative Asian Development","volume":"2 1","pages":"179 - 181"},"PeriodicalIF":0.0,"publicationDate":"2017-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74887109","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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