ID | 164385 |
Title Proper | Economic Globalization and Democratic Development in East Asia |
Other Title Information | the indirect link |
Language | ENG |
Author | Kim, Hayam |
Summary / Abstract (Note) | Over the past decades, East Asian states have enjoyed economic development and progress toward democracy through extensive economic transformation: trade and financial liberalization. To explain the theoretical mechanism of these variables, we investigate the direct and indirect effects of globalization on democratic development via economic development. To this end, a two-equation model is specified and estimated using data from 1972 to 2010 for 12 East Asian countries. The results show that globalization has not only a direct effect, but also an indirect effect on democracy via economic development. |
`In' analytical Note | Journal of Asian and African Studies Vol. 54, No.2; Mar 2019: p.248-266 |
Journal Source | Journal of Asian and African Studies 2019-03 54, 2 |
Key Words | Globalization ; Democracy ; Economic Development ; East Asia |