Millennial Asia最新文献

{"title":"Institutional Quality and Economic Performance: A Study of Asian Countries","authors":"Alfa Rani Nayak, Kailash Chandra Pradhan","doi":"10.1177/09763996241233818","DOIUrl":"https://doi.org/10.1177/09763996241233818","url":null,"abstract":"The objective of this article is to investigate the influence of institutional quality on the economic performance of 47 Asian countries, categorized into four income levels (low-income, lower-middle-income, upper-middle-income and high-income countries) over the period 1981–2021. The study utilizes six governance indicators, and a composite governance index is constructed to evaluate institutional quality. Economic performance is assessed through three key indicators: real gross domestic product (GDP), real GDP per capita (GDPPC) and the human development index (HDI). Except for HDI data, all variable data were sourced from the World Bank, while HDI data were obtained from the UNDP. The study employed panel regression, panel co-integration techniques and the autoregressive distributed lag model. The findings indicate that governance indicators have a positive and significant impact on GDP, GDPPC and HDI in Asian countries. Moreover, the study reveals that the influence of governance indicators on economic performance is more pronounced in high-income countries compared to other income levels in Asia. Consequently, the research emphasizes the importance of focusing on governance indicators for fostering economic growth and enhancing HDI in Asian countries.","PeriodicalId":41791,"journal":{"name":"Millennial Asia","volume":"281 1","pages":""},"PeriodicalIF":1.6,"publicationDate":"2024-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140075816","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Book review: Lakhwinder Singh and K. J. Joseph (Eds), 2024. Reimagining Innovation Systems In The COVID And Post-COVID World","authors":"Pooja Sikka","doi":"10.1177/09763996241229362","DOIUrl":"https://doi.org/10.1177/09763996241229362","url":null,"abstract":"Lakhwinder Singh and K. J. Joseph (Eds), 2024. Reimagining Innovation Systems In The COVID And Post-COVID World. Routledge, xxii+278 pp., £104 (hardback), £28.79 (paperback and e-book).","PeriodicalId":41791,"journal":{"name":"Millennial Asia","volume":"11 1","pages":""},"PeriodicalIF":1.6,"publicationDate":"2024-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139951667","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Book review: Chang Kyung-Sup, 2022. The Logic of Compressed Modernity","authors":"Deepak Kumar","doi":"10.1177/09763996231220987","DOIUrl":"https://doi.org/10.1177/09763996231220987","url":null,"abstract":"Chang Kyung-Sup, 2022. The Logic of Compressed Modernity. Polity Press, Cambridge, xiii + 240 pp., $24.95. ISBN-13: 978-1-5095-5288-7 (hardback) $69.95, ISBN-13: 978-1-5095-5289-4 (paperback).","PeriodicalId":41791,"journal":{"name":"Millennial Asia","volume":" 8","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139143742","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Governance Assessment of Local Restorative Justice System: A Case Study of Village Court in Bangladesh","authors":"Nasir Uddin, Ismat Ara","doi":"10.1177/09763996231213681","DOIUrl":"https://doi.org/10.1177/09763996231213681","url":null,"abstract":"Access to local justice resolutions is significant not only for the rule of law but also for human rights, democratic governance, poverty reduction and security. Since many rural residents do not have access to formal courts, local justice resolution, namely village court (VC), is the only restorative mechanism in Bangladesh that is accessible and convenient for the grassroots community. This study investigates the management of restorative justice in Bangladesh and evaluates its effectiveness in terms of participation, accountability and transparency. Using key informant interviews and focus group discussions with Union Parishad officials and locals, the study collected empirical data from 60 respondents, who were purposefully selected from four unions covering two districts in Bangladesh. To understand judicial proceedings and interpret the data accordingly, the research team also observed the hearing procedures of the VC with the permission of the proper authorities. Since the local justice resolution system only handles minor and petty cases related to civil and criminal matters, the study indicates that the VC allows a great deal of popular participation in adjudication processes and ensures partial transparency through an open hearing system without incorporating formal mechanisms of accountability. This analysis also shows that ensuring good governance practices in the VC becomes imperative for impartial and credible justice for the local community. Despite having several gaps in the governance framework and drawbacks, the study concludes that a strengthened restorative justice mechanism might contribute to the performance of the formal judiciary, provide a feasible option for locals, and empower them. Therefore, ensuring good governance requires a comprehensive approach that looks beyond legal and judicial reforms and tackles broader structural, social and economic factors. By exploring governance performance and gaps in the local justice system, the article significantly contributes to the government’s and policymakers’ efforts to measure progress and reduce weaknesses. Although the VC system is still relatively new in many countries, it could be an excellent resource for restorative justice systems across the globe.","PeriodicalId":41791,"journal":{"name":"Millennial Asia","volume":"17 1","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138603020","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Circular Economy from a Consumer Perspective: Malaysia Versus Pakistan","authors":"Muhammad Tahir Jan","doi":"10.1177/09763996231211491","DOIUrl":"https://doi.org/10.1177/09763996231211491","url":null,"abstract":"The industrial revolution has fuelled excessive production and consumption of products to the extent that is decimating the environment. To mitigate this issue, the newly discovered procedure of ‘The Circular Economy’ is entrenched. This concept encourages new and innovative systems of production, consumption and disposal with less to no adverse effects on the environment. The topic of circular economy, however, has been hardly researched by marketing scholars. The present research, therefore, attempts to consider the consumer stance in the circular economy, while reflecting on 757 consumers in two developing circular nations. Analysis was performed to test the proposed model and the hypotheses. Results evince that circular economy accelerates resource regeneration for both nations such that individual social norms, attitude and concern for the ecosystem are more relatively important than appropriacy and the right to control how consumer perceived their intention which aligned with sustainability and circular economy initiatives.","PeriodicalId":41791,"journal":{"name":"Millennial Asia","volume":"43 15","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138602193","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"An Analytical Study on Managerial Competencies and Business Performance of Farmer Producer Organizations (FPOs): A Value Chain Perspective from India","authors":"Y. Prabhavathi, N. T. K. Kishore, Siddayya, C. T. Ramachandra","doi":"10.1177/09763996231200180","DOIUrl":"https://doi.org/10.1177/09763996231200180","url":null,"abstract":"Farmer producer organizations (FPOs) act as an effective institutional mechanism in addressing the constraints of small holders in India. But only a very few FPOs are prospering in their life stages, demanding a need for competent managerial team to understand the business dynamics and improve the organization performance. Hence, the present study attempted to understand the relation between business competencies and financial performance of FPOs operating in the state of Andhra Pradesh, India mediated through business approach. A proportionate representative sample of 4 FPOs and 11 FPOs registered under cooperatives act and companies act, respectively, were selected randomly. Primary data from 50 % of managerial team of FPOs ( n = 94) and secondary data from audited financial reports from 2019–2020 to 2021–2022 were obtained. The major findings of the study showed that business competencies and financial performance of market-centric approached FPOs are significantly higher over production-centric FPOs. A strong and significant correlation existed between competencies and performances. Variables namely education, business exposure, leadership role in community-based organizations and digital media exposure showed moderate correlation with various competency spheres. Due to relatively higher level of these factors in the respondents of market-centric approached FPOs over their counterparts, they possessed comparatively higher business competencies and as such identified business opportunities on the upstream value chain (market-centric) and accordingly showed better financial performance over the FPOs that identified opportunities on the downstream value chain (production-centric). Thus, a strong relationship existed between business approach, business competencies and financial performance.","PeriodicalId":41791,"journal":{"name":"Millennial Asia","volume":"18 17","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138603227","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Locating the Evolving Vietnam–India Security Partnership in Hanoi’s Hedging Strategy with Major Powers: A Neoclassical Realist Analysis","authors":"Don McLain Gill","doi":"10.1177/09763996231211510","DOIUrl":"https://doi.org/10.1177/09763996231211510","url":null,"abstract":"Since the beginning of the twenty-first century, Vietnam has consistently strengthened its security ties with India. However, notable gaps remain in theorizing the burgeoning security partnership in the context of Hanoi’s foreign policy decision-making. Common arguments revolve around structural, material, and utility-maximizing motivations. However, these overlook the dynamism of Vietnamese foreign policy vis-à-vis the emerging structural power dynamics and the motivations behind domestic-level decision-making. While the role of structural forces has been irrefutable given Hanoi’s desire to hedge with major powers since the Cold War period, they are not enough to determine the nature, motivations, speed and scope of the Southeast Asian state’s strengthening security ties with India since the beginning of the twenty-first century. Therefore, through a neoclassical realist analysis, this article seeks to explain how enhancing security ties with India fits in Hanoi’s overarching hedging strategy since the mid-twentieth century in ways beyond utility-maximizing models.","PeriodicalId":41791,"journal":{"name":"Millennial Asia","volume":"30 42","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134953824","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Investigating Asymmetric Effects of Electronic Payment on Money Supply for India using Non-linear ARDL Model","authors":"Archna Chaudhry, None Chandni, Garima Dudeja","doi":"10.1177/09763996231192155","DOIUrl":"https://doi.org/10.1177/09763996231192155","url":null,"abstract":"Money supply in India is analysed using a non-linear autoregressive distributed lag (NARDL) model to see how several factors, such as electronic payments, exchange rate, interest rates and inflation, affect the money supply. The Augmented Dickey–Fuller unit root test and the Phillips–Perron unit root test are utilized to confirm that the variables are stationary. In the bounds test of the NARDL as well as Johansen–Juselius cointegration test, this study finds evidence of cointegration amongst variable used in the study. NARDL testing model is employed to investigate the dissimilar influences on variables with short- and long-run dynamics. Short-term estimates suggest that the money supply ( M1) is most responsive to positive shocks involving retail payments, the exchange rate and interest rates, but negative shocks involving card payment and prepaid payment instruments. A reduction in card payment, as well as a positive increase in retail payment, the prepaid payment instrument, the exchange rate and the interest rate, would all have major effects on M3 in short run. In addition, a long-term finding demonstrates that all of the variables have a significant influence on the money supply ( M1) in its mixed form while all of the factors, with the exception of the one involving card payments, have a considerable impact on the money supply ( M3). Wald test results confirm the existence of asymmetric influences which can have significant lessons for policymakers.","PeriodicalId":41791,"journal":{"name":"Millennial Asia","volume":" 19","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135241660","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Economic Convergence Among Asia-Pacific Economic Cooperation Members. A Comparative Analysis, 1960–2020","authors":"César Lenin Navarro-Chávez, Francisco Javier Ayvar-Campos, Julio César Morán-Figueroa","doi":"10.1177/09763996231191574","DOIUrl":"https://doi.org/10.1177/09763996231191574","url":null,"abstract":"The process of global economic integration is justified by the primary goal of inclusive and balanced growth for all economies, so it is relevant to identify the extent to which this goal has been achieved. This research evaluates whether the member economies of the Asia-Pacific Economic Cooperation (APEC) have experienced economic convergence during the 1960–1990 (pre-APEC) and 1990–2020 (post-APEC) periods. For this purpose, beta, sigma and gamma convergence are estimated, which are methodological approaches proposed by Barro and Sala-i-Martin (1991, Brookings Papers on Economic Activity, 1991(1), 170–182) and Marchante et al. (2006, Fundación de Estudios de Economía Aplicada Working Papers No. 2006-05), for APEC as a region and for the high- and middle-income economies that conform it. The results show that the process of economic convergence among APEC members intensified after its formation in 1989 and that the region can be categorized as an ‘economic convergence club’. As well as that, the high- and middle-income groups are converging towards their respective stationary state.","PeriodicalId":41791,"journal":{"name":"Millennial Asia","volume":" 11","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135241666","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Demystifying United States’ ‘Iran Myth/s’: How Not, and How to Fix the Tehran Conundrum?","authors":"Arshid Iqbal Dar, Irfan UL Haq","doi":"10.1177/09763996231195682","DOIUrl":"https://doi.org/10.1177/09763996231195682","url":null,"abstract":"This article explores United States’ Iran policy, especially the current debate over the revival of Joint Comprehensive Plan of Action (JCPOA) that has gained momentum ever since Joe Biden became the new US president. Despite Biden’s initial desire to restore the nuclear deal, the trajectory so far has been that of a roller-coaster ride. The parties are yet to reach an agreement. While exploring why, this article argues that the United States has been entrapped into an intractable rivalry with Iran. In fact, many neoconservative academic and policymaking Iran hawks falsely portray Tehran as pursuing ‘regional hegemony’ and bringing back the dangerous ‘Persian Empire’ to encourage and favour a harsh policy towards Iran. Besides, the United States allies such as Israel and Saudi Arabia also lured Washington to pursue aggressive policy towards Iran. However, as this article demonstrates these false narratives and myths while hurting the United States’ national interest blinds Washington to possible areas of mutual interest with Iran. The trajectory of JCPOA underscores this. Therefore, it is very crucial to scrutinize the ‘Iran myth/s’ and offer valuable lessons to the United States as to how not, and how to fix the Iran conundrum.","PeriodicalId":41791,"journal":{"name":"Millennial Asia","volume":"38 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136157967","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}