This study aims to examine the role of green governance in the quality of sustainability reports. We also examine the moderating role of sustainability commitment between green governance and the quality of sustainability reports. This research is a quantitative study by using unbalanced data...

The relationship between India and ASEAN has emerged as a crucial basis of their foreign policy. Both the regions signed a Free Trade Agreement in 2009, which came into effect in 2010. They are now reviewing the FTA to further enhance their economic cooperation. At this critical juncture, this...

In the past few years, the Indo-Pacific region has emerged as a pivotal geostrategic arena against the backdrop of China's growing power and influence. As the United States and other Western countries have deepened their own strategic engagement in the region, IR scholars and regional experts...

The role of economic growth has been central in the discussion about sustainability. Economic growth has been linked to the social development of societies, to the improvement in welfare and to poverty alleviation. Economic growth has also been seen as a driver of climate change and...

This paper examines the policy dilemmas facing developing countries in ASEAN in working within, and participating in, international negotiations toward making permanent the WTO tariff moratorium on duties applicable to electronically transmitted goods. In the context of ASEAN's countries'...

As energy transition to respond to the global climate crisis has emerged as an important issue not only in developed countries but also in developing countries, the Association of Southeast Asian Nations (ASEAN) region is also expanding their efforts to build an energy system centered on...

The stock market has used price limits to prevent bankruptcy in the market. The question of the effectiveness of price limits has long attracted the attention of researchers. Proponents of price limits claim that price limits reduce the volatility of stock returns, overcome overreaction, and do...

This study attempts to investigate the interdependence and risk spillover effects between China and ASEAN-6 stock markets by using the Copula-TV-GARCH-CoVaR model and the MES model covering the period from January 04, 2010 to April 30, 2021. The results indicate that these stock markets, except...

Export is a main driver for economic growth. Korean economic development has heavily depended on trade expansion. However, recently Korea economy has experienced sluggish exports. To regain economic vitality, Korea has to find out ways to expand exports. For this purpose, Korea needs to keep a...

Although empirical studies of the link between foreign direct investment, foreign portfolio investment, and economic development have long influenced economic studies, the results have been inconclusive. Focusing on ten countries, this study contributes to our understanding of foreign investment...

This study investigates how non-interest income affects the performance of commercial banks in the ASEAN region. Using data from 36 commercial banks in ASEAN countries from 2008 to 2020 and Bayesian analysis techniques, the results of this study indicate that non-interest income negatively...

This study investigates the relationship between closing-opening prices of stocks in the US, UK, and European markets and the prices of stocks in the five Association of Southeast Asian Nations (ASEAN-5) markets, a group consisting of five founding members, namely, Indonesia, Malaysia, the...

In this study, the DCC-MIDAS approach and its extension are adopted to reveal the long-run correlations among Chinese currency and those of ASEAN countries, and the role of RMB internationalization in driving the movements of the long-run currency correlations. The findings show that: (1)...

This paper investigates the impacts of corruption, economic freedom, interest rate, capital regulation and transparency on bank risk-taking in both theoretical and empirical analysis. The data were collected from 6 chosen ASEAN countries from 2011–2020. The generalized method of moments (GMM)...

This paper analyzes the entire distribution of stock market returns/volatility in five emerging markets (ASEAN5) and figures out the conditional distribution of the CHI_EPU index. The aim is to examine the impact of CHI_EPU on the stock returns/volatility density of ASEAN5 markets. It also...

Recently, sustainable economic development has become a global requirement and also has gained the attention of recent studies and policymakers nowadays. Thus, the present study has examined the impact of corporate social responsibility (CSR) along with renewable energy consumption, energy usage...

This study aims to determine the ranking and also to describe the indicators of human resources as a dimension to increase competitiveness. This research uses secondary data from various relevant sources, namely the Central Bureau of Statistics of the Republic of Indonesia, the World Bank, the...

In 2010, following the Global Financial Crisis of 2007–2009, 13 Asian countries (including Hong Kong, China) introduced the Chiang Mai Initiative Multilateralization (CMIM) to significantly expand the ability of member countries to provide liquidity to each other to address potential liquidity...

Established on August 5, 1977, by the five central banks of the Association of Southeast Asian Nations (ASEAN), the ASEAN Swap Arrangement (ASA) was one of several regional financial safety nets developed during a decade defined by macroeconomic instability, with the collapse of the gold...

Global economic shocks, geopolitical tensions, and an intensified backlash against globalization are changing the outlook for growth and economic cooperation in trade-oriented economies. We provide a comprehensive review of these developments using a new CGE model that also analyzes effects on...

In this analysis we investigate the relationship between the Sustainable Development Goals (SDGs) and air pollution in 37 countries of the European Union (EU) and the Association of Southeast Asian Nations (ASEAN). By using an extensive panel data set covering the time span from 2000 to 2019, we...

All the organizations are striving for the high financial performance that could influence by many factors and attained the attention of regulators and recent studies. Thus, the present study examined the impact of corporate social responsibilities (CSR), entrepreneurship and financial factors...

Abstract: This research is a descriptive and explanative research on the effect of imports and interest rates on inflation. This study tries to understand the factors that influence inflation in ASEAN countries for the 2006-2019 period. The results show that: 1) Imports have a significant effect...

This first edition of ‘The ASEAN Access to Digital Finance Study’, aims to provide valuable data and insights into how individual households, consumers, and micro, small and medium enterprise (MSME) customers use digital alternative finance channels, such as online digital lending and...

(Korean Abstract) 최근 들어 미국과 중국의 패권 경쟁은 ‘미국과 뜻을 같이하는 자유주의 국가’와‘러시아, 중국 등 권위주의 국가’로 블록화되고 있다. 예전부터 아세안은 미국과 중국 사이에서 일정한 거리를 유지하며...

There are rare studies which assess the economic gains derived from trade in services for this specific group of 26 economies. This paper seeks to add to the existing body of literature. Two models (import and export) are created, and the 13 variables (data obtained from various international...

Although empirical studies of the link between foreign direct investment, foreign portfolio investment, and economic growth have long influenced economic studies, the results have been inconclusive. Focusing on the ten countries, this study contributes to our understanding of foreign investment...

Canadian business and political leaders have long looked to strengthen bilateral economic relations with the ASEAN Economic Community based on its openness to trade, its dynamism and its integration into Asian production chains. Given the shift from an Asia-Pacific to an Indo-Pacific framing for...

The paper is aimed at assessing the impact of capital flows from commercial banks and FDI on sustainable economic growth in ASEAN countries. The study has conducted quantitative secondary analysis on data collected from 1980 to 2018 for Thailand, Vietnam and Malaysia. Descriptive statistics,...

In recent years, the U.S.-China hegemony competition has intensified, dividing the world into two blocs. ASEAN has long culti-vated its position on the international stage by maintaining a certain distance between the United States and China. In that sense, ASEAN is the best partner for Korea to...

This article assesses the opportunities and challenges for different categories of FinTechs in the SAARC and ASEAN regions. We consider the global financial inclusion data released by the World Bank and map the responses to gain insights into the opportunities and challenges for FinTechs in the...

Quality education is a key determinant for ASEAN's aspiration to be a single market and production base and to attract foreign investment. However, the region is characterized by an education divide in terms of quality and output, and this is likely to increase in the post-COVID-19 period. A...

Objective: The objective of the article is to empirically investigates the role played by financial development in determining the relationship between working capital financing and firms' performance. Research Design & Methods: Employing data of publicly listed manufacturing firms in five ASEAN...

The Regional Comprehensive Economic Partnership (RCEP) is a forward-looking trade agreement between member economies of the Association of Southeast Asian Nations (ASEAN) and its free trade agreement (FTA) partners (AFPs) namely Australia, China, Japan, Korea, and New Zealand (i.e., non-ASEAN...