GDP vs genuine progress quantification of economic performance in South Korea and Malaysia

Malaysia and South Korea, successful graduates of Asian Financial Crisis, employed different paths to recovery via Capital Control and IMF bail-out respectively. This paper tracks recovery trajectories of the two nations via orthodox and emergent growth indicators: GDP and GPI. We report unemploymen...

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Main Authors: Hashim, Mastura, Mohammad Sifat, Imtiaz, Mohamad, Azhar
Format: Article
Language:English
English
Published: Oviedo University Press 2018
Subjects:
Online Access:http://irep.iium.edu.my/68820/1/68820_GDP%20vs%20genuine%20progress%20quantification.pdf
http://irep.iium.edu.my/68820/2/68820_GDP%20vs%20genuine%20progress%20quantification_SCOPUS.pdf
http://irep.iium.edu.my/68820/
https://www.unioviedo.es/reunido/index.php/EBL/article/view/12779/11951
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spelling my.iium.irep.688202019-02-11T09:18:24Z http://irep.iium.edu.my/68820/ GDP vs genuine progress quantification of economic performance in South Korea and Malaysia Hashim, Mastura Mohammad Sifat, Imtiaz Mohamad, Azhar HC94 By region or country HJ Public Finance Malaysia and South Korea, successful graduates of Asian Financial Crisis, employed different paths to recovery via Capital Control and IMF bail-out respectively. This paper tracks recovery trajectories of the two nations via orthodox and emergent growth indicators: GDP and GPI. We report unemployment, open-trade, fixed capital accumulation, and prior crisis to be influential determinants of both metrics, while credit and foreign exchange rate lack significance. Oviedo University Press 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/68820/1/68820_GDP%20vs%20genuine%20progress%20quantification.pdf application/pdf en http://irep.iium.edu.my/68820/2/68820_GDP%20vs%20genuine%20progress%20quantification_SCOPUS.pdf Hashim, Mastura and Mohammad Sifat, Imtiaz and Mohamad, Azhar (2018) GDP vs genuine progress quantification of economic performance in South Korea and Malaysia. Economics and Business Letters, 7 (4). pp. 169-179. ISSN 2254-4380 https://www.unioviedo.es/reunido/index.php/EBL/article/view/12779/11951 10.17811/ebl.7.4.2018.169-178
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
English
topic HC94 By region or country
HJ Public Finance
spellingShingle HC94 By region or country
HJ Public Finance
Hashim, Mastura
Mohammad Sifat, Imtiaz
Mohamad, Azhar
GDP vs genuine progress quantification of economic performance in South Korea and Malaysia
description Malaysia and South Korea, successful graduates of Asian Financial Crisis, employed different paths to recovery via Capital Control and IMF bail-out respectively. This paper tracks recovery trajectories of the two nations via orthodox and emergent growth indicators: GDP and GPI. We report unemployment, open-trade, fixed capital accumulation, and prior crisis to be influential determinants of both metrics, while credit and foreign exchange rate lack significance.
format Article
author Hashim, Mastura
Mohammad Sifat, Imtiaz
Mohamad, Azhar
author_facet Hashim, Mastura
Mohammad Sifat, Imtiaz
Mohamad, Azhar
author_sort Hashim, Mastura
title GDP vs genuine progress quantification of economic performance in South Korea and Malaysia
title_short GDP vs genuine progress quantification of economic performance in South Korea and Malaysia
title_full GDP vs genuine progress quantification of economic performance in South Korea and Malaysia
title_fullStr GDP vs genuine progress quantification of economic performance in South Korea and Malaysia
title_full_unstemmed GDP vs genuine progress quantification of economic performance in South Korea and Malaysia
title_sort gdp vs genuine progress quantification of economic performance in south korea and malaysia
publisher Oviedo University Press
publishDate 2018
url http://irep.iium.edu.my/68820/1/68820_GDP%20vs%20genuine%20progress%20quantification.pdf
http://irep.iium.edu.my/68820/2/68820_GDP%20vs%20genuine%20progress%20quantification_SCOPUS.pdf
http://irep.iium.edu.my/68820/
https://www.unioviedo.es/reunido/index.php/EBL/article/view/12779/11951
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score 13.211869