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ID164385
Title ProperEconomic Globalization and Democratic Development in East Asia
Other Title Informationthe indirect link
LanguageENG
AuthorKim, 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 NoteJournal of Asian and African Studies Vol. 54, No.2; Mar 2019: p.248-266
Journal SourceJournal of Asian and African Studies 2019-03 54, 2
Key WordsGlobalization ;  Democracy ;  Economic Development ;  East Asia