A Small Open Economy and Integration Processes

Strašek, Sebastjan

doi:10.1080/00128775.1994.11648546

Cited by 6 publications

(2 citation statements)

References 2 publications

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“…In general, the discussion of previous studies was based on the two categories of perspective, i.e., the economic perspective in the integration process, and the institutional perspective. Researchers with an economic point of view used trade liberalization theory (Cho & Díaz, 2020;Festić & Bekő, 2006;Kehoe & Kehoe, 1995;Kehoe, 2003;Lavrač & Majcen, 2006;Stanojević & Broder, 2012) and the concept of international economic cooperation (Strašek, 1994). The previous studies were discussing the integration process of Slovenia through economic approach, stating that Slovenia seeks to increase its profits in the economic sector by joining the European Union, while at the same time, struggling to transform economic policies to adapt and meet the European Community standards (Cho & Díaz, 2020;Festić & Bekő, 2006;Lavrač & Majcen, 2006;Stanojević & Broder, 2012;Strašek, 1994).…”

Section: Jurnal Ilmu Sosialmentioning

confidence: 99%

Democracy In Slovenia: Slovenia’s Entry Into The European Union After The Disintegration Of Yugoslavia

Hiswi

2020

JURNAL ILMU SOSIAL

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After the disintegration of Yugoslavia, Slovenia made changes in its ideology and political system to become part of the European Union. However, as a newly independent country, Slovenia faces an unfinished successional political transition. Undertaking a democratic system shift will cause Slovenia to face several challenges: accepting and implementing new democratic laws, introducing a liberal economy with free initiative, and achieving national sovereignty as an independent country. Apart from being a newly independent country, Slovenia also has a history of war with Italy when it was under Yugoslavia during the Second World War. These conditions make Slovenia’s entry into the European Union problematic. This article aims to understand Slovenia’s policy transition process after the disintegration of Yugoslavia and its consideration to join the European Union. This article uses qualitative methods with data and literatures collection from various official documents, books, journals, and online news which discuss integration process and democracy implementation in Slovenia related to its integration to European Union. This article concludes that Slovenia’s decision to join the European Union - despite its position as a newly independent country and the history of war with Italy - was due to the belief that a common liberal democratic system could help open relations with fellow democracies. The similarity of this system can be seen from the application of the three pillars of liberal democracy in democratic peace theory. The theory postulates that when the three pillars are applied, liberal countries will not go to war with each other

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Section: Jurnal Ilmu Sosialmentioning

confidence: 99%

Democracy In Slovenia: Slovenia’s Entry Into The European Union After The Disintegration Of Yugoslavia

Hiswi

2020

JURNAL ILMU SOSIAL

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“…Throughout the 1990s, the taps of the economy in developing countries were opened wide by the governments of their respective countries (Salazar-Xirinachs et al, 2014). The policies adopted in implementing an open economic system are carried out by eliminating restrictions on the domestic market (Strašek, 1994dan Edeme et al, 2020. The removal of restrictions on the domestic market in these developing countries was accompanied by domestic capital markets and foreign portfolio investment (FPI).…”

Section: Introductionmentioning

confidence: 99%

Effectiveness of controlling foreign portfolio investment inflows using macroeconomic policy instruments and institutional strengthening (case study in Indonesia and Thailand)

Zainuri

2021

JPEB

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This study analyzed the influence of macroeconomic and institutional variables on foreign portfolio investment inflows in two ASEAN countries, Namely Indonesia and Thailand, in 2005 – 2019. The analytical tools used in this research are Panel Vector Error Correction Model (PVECM) and Panel Ordinary Least Square (POLS). The estimation results show that the macroeconomic variables that are proxied using inflation and openness economy and institutional variables that are proxied using the variable level of corruption and quality of regulation have a significant effect. In the long term, the inflation rate, the openness economy, and the quality of regulation variables significantly affect foreign portfolio investment. Meanwhile, in a short time, only the inflation rate variable and the openness ratio have a significant effect on foreign portfolio investment. The two analytical tools used found that macroeconomic and institutional variables consistently affect foreign portfolio investment.

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Macroeconomic Stabilization and the Reform Process in Slovenia

Bojnec¹

1996

Eastern European Economics

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A Small Open Economy and Integration Processes

Cited by 6 publications

References 2 publications

Democracy In Slovenia: Slovenia’s Entry Into The European Union After The Disintegration Of Yugoslavia

Democracy In Slovenia: Slovenia’s Entry Into The European Union After The Disintegration Of Yugoslavia

Effectiveness of controlling foreign portfolio investment inflows using macroeconomic policy instruments and institutional strengthening (case study in Indonesia and Thailand)

Macroeconomic Stabilization and the Reform Process in Slovenia

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