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Political economic determinants of growth acceleration : A Korea-Indonesia comparative study

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  • Political economic determinants of growth acceleration
  • Wardhana, Wisnu Irwanda
  • Fiscal Policy Agency, Ministry of Finance


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Title Political economic determinants of growth acceleration
Similar Titles
Sub Title

A Korea-Indonesia comparative study

Material Type Articles
Author(English)

Wardhana, Wisnu Irwanda

Publisher

[Jakarta],[Indonesia] : Fiscal Policy Agency, Ministry of Finance

Date 2016-04
Journal Title; Vol./Issue Kajian Ekonomi Keuangan:vol.20(no.1)
Pages 19
Subject Country Indonesia(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Industry and Technology < General
Holding Fiscal Policy Agency, Ministry of Finance
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Abstract

This paper conducts an empirical and comparative analysis in political economy of growth acceleration determinants in Korea and Indonesia. It aims to reveal plausible explanations on Korean development success compared to Indonesia. This research provides an in-depth study parallel to a case study by using comparable variables. It examines five determinants namely initial conditions, quality of institutions, public policy innovations, socio-political circumstances, and access to external resources. The evidence exhibits Korea has better conditions in all determinants. Lesson learned from its development experiences could improve the effectiveness of the Korea official development aid.