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The Relation between Economic Development and International Trade: A Comparative Analysis of East Asian and Southeast Asian Economies

Abstract

The impressive economic development of East Asian and Southeast Asian countries, like China, Japan, South Korea, or Singapore, is often described as the ‘Asian economic miracle’. The transition from a less developed economy to an industrialised country and successful integration into the global economy within a relatively short period of time are characteristics of the economic development process. Academic research is dominated by a general agreement on the causal relationship between economic development and international trade. The research goal of this paper is to analyse the impact of the level of economic development on the degree of international trade in the economies of China, Japan, South Korea, Singapore and Thailand. The applied research model does not follow the traditional research mainstream but rather introduces relative shares of GDP-related industrial output and of manufactures exports by adopting national as well as international perspectives instead. Descriptive trend analysis, correlation analysis and regression analysis are conducted in order to test the hypotheses. The results do not support conventional academic wisdom. A statistically reasonable causality between the level of economic development, in terms of relative industrial output, and the degree of international trade, in terms of relative industrial exports, could not be confirmed.

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The Meaning and Functions of the Concept of Yuanfen 缘分 in Contemporary China: A Qualitative Study with Students from East China Normal University

de guānniàn yǔ xíngwéi 中国人的观念与行为 [Concepts and Behaviour of Chinese People], edited by Qiáo Jiàn 乔健 and Pān Nǎigǔ 潘乃谷. Tiānjīn: Tiānjīn rénmín chūbǎnshè 天津人民出版社, 1995, pp. 240-252 Lǐ, Xīnmín 李新民 and Chén Mìtáo 陈密桃. “Shíyòng zhìnéng, yuánfèn xìnniàn yǔ xīnlǐ jiànkāng, gōngzuò biǎoxiàn zhī xiāngguān: yǐ yòu’ěr jiàoshī wéilì” 实用智能,缘分信念与心理健康,工作表现之相关:以幼儿教师为例 [Correlations Between Practical Intelligence, Yuanfen-Beliefs, Mental Health and Job Performance: A Study Among Taiwanese Preschool Teachers]. In Zhōnghuá xīnlǐxué kān 中华心理学刊 [Chinese Journal of

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The Theory and Empirics of Financial Development in the East Asian Bond Markets

Market Development.” ERD Working Papers No 67, 2005 Drukker, David M. “Testing for Serial Correlation in Linear Panel-data Models.” In The Stata Journal, 3/2, 2003, pp. 168-177 ECB. “Yield Curve - Technical Notes.” 2012, http://www.ecb.int/stats/money/yc/html/technical_notes.pdf, accessed Febuary 2012 Eichengreen, Barry, and Pipat Luengnaruemitchai. “Why Doesn’t Asia have Bigger Bond Markets?” In “Asian Bond Markets: Issues and Prospects.” BIS Papers No 30. Bank for International Settlements, 2006 Emmers

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Environmental Sustainability Practices of Immigrant-Owned Small and Medium Enterprises in South Africa

Abstract

Environmental sustainability of immigrant-owned small and medium enterprises (SMEs) is important to a country’s long-term sustainable development. The study investigated the environmental sustainability practices (ESP) of immigrant-owned SMEs. In addition, the study examined the effect of demographic factors (age, gender and level of education) on ESP. The study also investigated the relationship between ESP and financial performance of SMEs. Data was collected from one hundred and eighty two immigrant small business owners. The survey method (self-administered questionnaire) was used for data collection. The participants in the study were conveniently sampled. Descriptive statistics, T-test, Pearson correlation and regression analysis were used for data analysis. The results indicated that immigrant-owned SMEs are engaged in recycling, energy efficiency and reduction of waste and pollution. Their involvement in environmentally friendly products and environmental management policy is limited. Females exhibit higher levels of recycling, waste reduction energy efficiency and reduction of pollution. Age and level of education positively affect environmental sustainability practices. Waste reduction, energy efficiency and reduction of pollution have significant positive relationships with financial performance. Recommendations to improve EPS are suggested.

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Pay Satisfaction and Organizational Politics as Predictors of Quality of Work Life among Government Employees

Abstract

The study investigated the predictive role of pay satisfaction and organisational politics on quality of work life. Herzberg’s Two-Factor Theory was used as a theoretical framework in this study. Cross sectional survey research design was adopted. Data were collected from 429 respondents consisting of (Females = 231(53.8%), Males = 198(46.2%) (Mean age = 39.14, S.D = 12.07) via a simple random and convenience sampling techniques. Work-Related Quality of life scale (WRQLS), Pay Satisfaction Questionnaire (PSQ) and Perceived Organisational Politics Scale (POPS) were used as instrument for data collection. Data collected were analysed using Pearson moment correlation (PPMC) and Multiple Regression analysis. There was significant positive relationship between pay satisfaction and quality of work life. Positive relationship was found between organisational politics and the quality of work life. Finally, pay satisfaction and organisational politics jointly predict quality of work life. These findings have implications for putting up psychological interventions aim at improving the quality of work life of government employees.

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Social Capital and Political Participation: A Case Study from Rural Bangladesh

Bangladesh. Developing Country Studies , 4(7).55-61 Skoric, M. M., Ying, D., & Ng, Y. (2009). Bowling online, not alone: Online social capital and political participation in Singapore. Journal of Computer-Mediated Communication , 14(2), 414-433. Sun, X., Rehnberg, C., & Meng, Q. (2009). How are individual-level social capital and poverty associated with health equity? A study from two Chinese cities. International Journal for Equity in Health , 8(1), 2. Suh, H. (2013). Correlation between Social Capital and Political Participation: Considering

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