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, namely Indonesia, Thailand, Vietnam and the Philippines. The World Bank provided the data for this study. The variables … relationship with the gross domestic product (GDP) of ASEAN member countries, especially Indonesia, Thailand, Vietnam and the … Philippines. Therefore, it is recommended that the governments of ASEAN member countries jointly determine foreign investment …
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For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis,...
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—Turkey, Indonesia, Korea, and the Philippines …
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This study investigates the relationship between external debt and military spending in case of India over the period of 1970–2012. In doing so, we have applied the structural break unit root tests to examine stationarity properties of the variables. The Auto-Regressive Distributed Lag (ARDL)...
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