Does corruption play a role in the process of financial globalization in emerging countries?
Zuhairan Yunmi Yunan,
No information about this author
W. Alejandro Pacheco-Jaramillo
No information about this author
Journal of Financial Crime,
Journal Year:
2024,
Volume and Issue:
unknown
Published: Aug. 1, 2024
Purpose
This
paper
aims
to
examine
various
indicators
related
corruption
and
determine
their
impact
on
financial
globalization
in
emerging
countries.
It
will
consider
other
factors
that
may
focus
how
within
political,
executive
public
sector
institutions
can
affect
this
process.
Design/methodology/approach
uses
a
generalized
method
of
moments
(GMM)
for
data
sample
countries
covering
2000–2020.
Corruption
measurements
are
derived
from
the
varieties
democracy
sets
Transparency
International.
also
includes
foreign
direct
investment,
portfolio
flows,
exchange
international
debt
as
separate
globalization.
These
measures
provide
more
detailed
information
types
transactions
occurring
across
Findings
The
results
reveal
investors
be
less
likely
enter
certain
sectors
economy
due
concerns
about
unethical
practices
difficulties
navigating
regulatory
landscape
with
high
levels
corruption.
lead
underdevelopment
attractive
investment
reliance
narrow
range
sectors.
Originality/value
offers
valuable
insights
by
integrating
indicators,
using
GMM
robust
analysis.
highlights
influences
decisions,
potentially
leading
sectoral
overreliance
Language: Английский
Uncovering Economic Growth Dynamics: The Role of Idiosyncratic Risk
Signifikan Jurnal Ilmu Ekonomi,
Journal Year:
2024,
Volume and Issue:
13(1), P. 59 - 72
Published: Oct. 27, 2024
Research
Originality:
This
study
provides
a
new
perspective
on
the
dynamics
between
foreign
direct
investment
(FDI),
idiosyncratic
risk,
and
economic
growth
in
ASEAN
countries
using
structural
equation
modeling
(SEM).
It
contributes
to
literature
by
highlighting
nuanced
role
of
risk
shaping
regional
outcomes.Research
Objectives:
The
aims
examine
indirect
impacts
FDI
inflows,
sectoral
variables
(manufacturing,
agriculture,
services)
from
2013
2023.Research
Methods:
uses
data
Statistical
Database
applies
SEM
estimate
relationships
these
variables.Empirical
Result:
main
findings
indicate
that
inflows
have
minimal
impact
as
evidenced
regression
coefficients
below
0.001
for
inward
intra-ASEAN
FDI.
In
contrast,
significantly
growth.
results
also
reveal
such
manufacturing,
services
exhibit
weaker
associations
with
growth.Implications:
information
suggests
policymakers
should
focus
exploiting
improve
development,
while
acknowledging
limited
management,
thereby
debating
more
appropriate
strategies
promote
sustainable
growthJEL
Classification:
A11,
E60,
H11
Language: Английский
Does Indonesia's High Level of Corruption Affect Its Trade Volume?
Signifikan Jurnal Ilmu Ekonomi,
Journal Year:
2023,
Volume and Issue:
12(2), P. 425 - 440
Published: Oct. 22, 2023
This
article
aims
to
examine
the
connection
between
corruption
and
amount
of
trade
in
several
commodities,
including
raw
materials,
capital
goods,
intermediate
products,
consumer
with
a
specific
emphasis
on
Indonesian
situation.
Indicators
utilized
this
include
Corruption
Perception
Index
(CPI)
Control
(COC).
Meanwhile,
sum
Indonesia's
exports
imports
indicated
country's
volume.
For
issue,
employs
gravity
model
regresses
it
either
fixed
effect
or
random
model.
The
empirical
findings
show
that
both
CPI
COC
levels
Indonesia
have
negative
impact
goods.
However,
only
shows
correlation
prevalence
Indonesia,
whereas
materials
all
positive
correlation.
partners
is
complicated
for
commodities
looked
at.
insights
generated
from
study
hold
significant
value
shaping
more
informed
accurate
representation
how
permeates
impacts
international
dynamics,
thus
contributing
nuanced
understanding
critical
issue.JEL
Classification:
D73,
F10,
C01How
Cite:Yunan,
Z.
Y.
(2023).
Does
Indonesia’s
High
Level
Affects
Its
Trade
Volume?
Signifikan:
Jurnal
Ilmu
Ekonomi,
12(2),
425-440.
https://doi.org/10.15408/sjie.v12i2.35156.
Language: Английский