Recent Developments in Asian Economics

William A. Barnett is the Oswald Distinguished Professor of Macroeconomics at the University of Kansas, USA. He is also the Director of the Center for Financial Stability in New York City, Founder and First President of the Society for Economic Measurement, and editor of the Cambridge University Press journal, Macroeconomic Dynamics.Bruno S. Sergi is an instructor on the Economics of Emerging Markets and the Political Economy of Russia and China at Harvard University, and an Associate of the Harvard’s Davis Center for Russian and Eurasian Studies and the Harvard Ukrainian Research Institute. He is the co-director of the Lab for Entrepreneurship and Development (LEAD), a social science research lab based in Cambridge, MA that aims to generate and share knowledge about entrepreneurship, development, and sustainability.

• Chapter 1. The Impact of Online Market toward Social Welfare on Fourth Industrial Revolution (Industry 4.0) Era: A Case at Bulan Terang Utama (BTU) Online Market Malang; Ermita Yusida, Vika Annisa Qurrata, Vidya Purnamasari and Wen-Chi Huang Chapter 2. Structural Equation Model on Triple Bottom Line Performance of Large Manufacturing Companies in Region XII, Philippines; Vergil Joseph I. Literal and Eugenio S. Guhao, Jr. Chapter 3. Determinants of Students’ Perceptions of the Green University; Sylvia Veronica Siregar and Bayu Tenoyo Chapter 4. Analysis on Sources of Inefficiency in the Construction Sector: High Cost of Infrastructure Development in Indonesia; Anang Muftiadi, Rivani and Dian Fordian Chapter 5. Can Reelection Strengthen the Relationship Between Local Government Spending and Financial Performance?; Hidayah Asfaro Saragih and Dyah Setyaningrum Chapter 6. Integrating Interdisciplinary Studies with the HCM Accounting Certificate to Reach the Milestone of Finalizing Post-Crisis Reforms (Basel III) Considering the Aggravating Effect of the COVID-19 Deficit; John P. Koeplin and Pascal Lélé Chapter 7. A Vulnerability Spillover Index for the Indian Financial System; Indrani Manna Chapter 8. Is Inflation Targeting Successful in Emerging Economies?; Vidhi Agarwal and Taniya Ghosh Chapter 9. Impact of Economic Policy Uncertainty on FDI inflows: Evidence from India; Aishanee Sinha and Taniya Ghosh Chapter 10. Consumption Life and Satisfaction of Chinese Rural Residents; Liying Xia, Jianbo Zhang and Xuelin Ma Chapter 11. The Impact of Institutional Quality on Stock Market Performance in Emerging Economy: Evidence from the ARDL Bound Approach; Woon Leong Lin, Aneeq Inam and Siong Hook Law Chapter 12. Herding Behavior: Evidence from Southeast Asian Stock Markets; Harjum Muharam, Aditya Dharmawan, Najmudin and Robiyanto RobiyantoChapter 13. Private Information from Extreme Price Movements (Empirical Evidences from Southeast Asia Countries); Usman Arief and Zaäfri Ananto Husodo  Chapter 14. The Impacts of Divisia Money on MYR/USD Exchange Rate Determination in Malaysia; Choi-Meng Leong, Chin-Hong Puah, Venus Khim-Sen Liew and Nadiya Matviychuk-Soskina Chapter 15. Modelling Exchange Market Pressure in East Asian Economies; Evan Lau, Jenny Yong and Nurul Bariyah Chapter 16. The Impact of Equity Historical Market Price on Capital Structure; Miswanto Miswanto  Chapter 17. Sharia Disclosure, Sharia Supervisory Board and the Moderating Effect of Regulatory Framework: The Impact on Soundness of Islamic Banking; Siti Khomsatun, Hilda Rossieta, Fitriany and Mustafa Edwin Nasution Chapter 18. Implementation Green Banking and Financial Performance of Commercial Bank in Indonesia; Tria Ratnasari, Arni Surwanti and Firman Pribadi Chapter 19. The Implementation of Human Capital Disclosures on the Financial Statements of Local Governments in Indonesia based on the Institutional Theory; Henny Murtini, Djoko Suhardjanto, Djuminah and Agung Nur Probohudono Chapter 20. Disclosure, Information Asymmetry and The Cost of Equity Capital: Evidence from Indonesia; Erna Setiany and Djoko Suhardjanto  Chapter 21. Financial Technology and Bank Risk: A Cross Country Study; Nugroho Saputro, Ariyanto Adhi Nugroho and Irwan Trinugroho Chapter 22. The Use of Discretionary Spending as an Opportunistic Motive to Win the Election; Dewi Darmastuti and Dyah Setyaningrum Chapter 23. The Dynamic Impacts of Financial Determinants and Ownership Concentration towards Firm Survival in Malaysia; Suzaida Bakar and Bany Ariffin Amin NoordinChapter 24. Heterogeneity of Inflation Expectations: An Analysis using IESH data; Ashima Goyal and Prashant Parab