As an effort to achieve sustainable development and increase people’s welfare, financial inclusion has become the policy agenda of many countries. Therefore, the effect of financial inclusion on economic growth, poverty, income inequality, and financial stability in several countries in Asia has become the goal and this is the subject of this study. Financial inclusion is measured by 3 dimensions, namely banking penetration, access to banking services, and use of banking services. Poverty ratio below the national poverty line and the Gini coefficient are used as indicators of poverty and income inequality. Financial stability is measured by Bank Z-Score and bank nonperforming loans. The results from the hypothesis test shows that all dimensions of financial stability simultaneously have significant influence on economic growth, poverty, income inequality, and financial stability. On the other hand, the partial impact of financial inclusion dimension on economic growth, poverty alleviation, income inequality, and financial stability in ten countries of Asia has not been optimal. The derived results of this study is required to be interpreted and considered by the Governments of each country in developing strategies for increasing financial inclusion, so that the policy to achieve sustainable development and enhancement of people’s welfare can be achieved.

This study aims to investigate whether and why the disclosure of full financial information to estimate taxable income (TI) is incrementally useful for investors’ decision making at earnings announcements. This paper shows analytically that the information content of TI beyond book income is determined by the relative informativeness of TI exceeding that of book-tax differences (BTDs), and therefore should be affected by the earnings quality of TI relative to BTDs. This study collects data on earnings announcements from Korean listed firms and employs multiple regression tests for earnings persistence, a major indicator of earnings quality, of TI and BTDs and their information content. The empirical test results show that TI is more persistent than BTDs for the entire sample in this study. Further, the investors’ reaction to TI is greater than that to BTDs, and the market response to TI controlling for BI is positive. However, the market test results are significantly observed only in the subsample group with full disclosure of financial statements, not in the samples with disclosure of aggregated earnings only. In sum, this study provides new evidence that the TI information obtained from a detailed earnings announcement is useful for investors in addition to book income.

This study sees a critical gap in the previous body of research, which it seeks to fill; the disclosure of the unemployment ratio correlation has only been measured by the level of economic growth. This study is to add investment variables and government expenditure variables that objectively aim to measure the level of effectiveness in handling the unemployment ratio, which is then a measurement of the effectiveness of unemployment. Economic growth is measured by its impact on income inequality through empirical, conceptual relationships as a critical review and economic strategy for the future. The research uses secondary data on Indonesian macro and microeconomics since 2003-2018, then testing uses a quantitative approach to correlation, regression, and scatterplot. The results of this study show correlations between variables, and volatiles on the graphs show a similar trend. In other words, variables are bound together and support each other. The strategy of prioritizing the scale of government expenditure and investment to reach the target is the primary concern, so that the economic cycle can be optimal and equipped to face the possibility of an economic recession in the future. Many factors cause complex income inequality, though investment does not show a correlation to income inequality.

In many countries, the Government enacts tax laws in order to manage tax collection and regulate the macro-economy. According to Noor, Jamaludin, Omar, and Aziz (2013), tax non-compliance is a growing concern because of its negative effects on the state budget. The main objectives of this article are to identify the factors affecting corporate income tax non-compliance of enterprises in Ho Chi Minh City in accordance with the current situation of Vietnamese tax administration. We use several research methods, including the exploitation of information and practical experiences from both taxpayers and tax authorities; with Probit regression model on a sample of 187 enterprises that have been inspected or examined by tax authorities in Vietnam during the period from 2013 to 2017.The article identified eight factors affecting corporate income tax (CIT) non-compliance: (1) working capital/total assets; (2) revenue/total assets; (3) total debt/total assets; (4) loss in the previous year; (5) receivables/revenue; (6) the size of enterprises; (7) tax administrative penalties/tax payable; and (8) business field. In particular, the tax non-compliance was studied as a violation of Vietnamese tax laws by enterprises declaring an insufficient amount of CIT payable to the State budget.

Income inequality is a problem that is not only faced by developing countries such as Indonesia, but also developed countries. The difference lies in the proportion of an inequality that occurs and the solution to the level of difficulty experienced. Thus, this study aims to empirically analyze the unequal distribution of population income in Java island, Indonesia, by including the human development index, open unemployment rate, foreign investment, and the degree of fiscal decentralization. The research model used in this study was multiple linear regression to analyze the panel data with a fixed-effect model approach. The results of the study showed that human development index, open unemployment rate, and the degree of fiscal decentralization had a positive and significant effect on income inequality in Java island. Meanwhile, foreign investment had a negative and insignificant effect on income inequality in Java. It is because the value of the investment is more invested in the capital-intensive sector. The government is expected to be more selective in accepting foreign investments that enter the country, especially in Java, and it should be labor-intensive investments. In addition, the government has to equalize locations for foreign investment without reducing good cooperation with these foreign investors.

The purpose of this paper is to investigate the impact of total factor productivity (TFP), institutional quality, and interactive variable between them on economic growth in 13 low-middle income countries in Asia for the period 2000-2018. The paper uses the difference Generalized Method of Moments (GMM) to explore the dataset provided by the World Bank. The empirical results show that TFP and the interactive variable positively impact on the economic growth, while the institutional determinants have a negative influence. The negative effect is explained by the weak institutions in these low-middle income countries. The findings of the study suggest two points. First, the government should continue to improve TFP, which is associated with the application of technical advances, technological innovations, improvement of management methods, and skilled workers. Second, far more important, is that the authorities should pay special attention to implement institutional reform and strengthen the governance in the future. The successful experiences from Japan, Korea and Singapore will help other governments in Asian low-middle income countries to build developmental state. Probably, the developmental state actively interfere in the market to promote and realize the development goals. By doing so, these economies might overcome the so-called “middle-income trap”.

This paper examines the factors that drive temporal income diversification in rural areas of the Mekong River Delta in Vietnam, based on a framework that conceptualized diversification as a function of a household’s capacity to diversify and incentives (both push and pull factors) to diversify. Drawing from five rounds of the Vietnam Living Standard Measurement Surveys covering a 13-year span (1993-2006), two panel datasets made from five cross-sectional samples are used for the analyses. The data are drawn from the Vietnam General Statistics Office. Both tobit model and Ordinary Least Squares model with random and fixed effects are applied. The main points emerging from the analysis is that income diversification is strongly influenced by household labor capacity. The relationship between household labor capacity and increasing insertion in non-farming wage activities is not driven by unobserved time-invariant factors such as household ability and motivation, but is instead driven by the higher labor capacity of households. In terms of the other household capacity variables, the effect of farm size is much larger in terms of retaining households in traditional occupations as compared to pushing them towards non-farm wage employment. Other variables such as household access to financial capital do not play an important role.

This paper examines the impacts of credit on income inequality in Vietnam. Though it is one of the most common measures of financial development, there is a dearth of research in this area. Unlike previous studies, the paper disaggregates the impact of each type of credit on income inequality, looking at the Gini coefficient. We employ the Generalized Method of Moment (GMM) to solve the endogenous problem. The primary data set contains a panel of 60 Provincial observations, from data collected from the General Statistics Office of Vietnam from 2002 to 2016. The empirical findings show that, while commercial credit increases income inequality, policy credit contributes to reducing income inequality in Vietnam. The results also confirm the important roles of education, institutional quality and foreign direct investment in fighting against income inequality in Vietnam. However, the paper does not provide adequate evidence to support the inverted U-shaped relationship between credit and income inequality. Based on the findings, we argue that the government should direct flows of credit to real economic activities rather than speculative investment; more bank credit should be allocated to rural areas and agriculture; and favorable credit programs should be designed to promote education, especially of those living in rural areas.

This study investigates whether other comprehensive income (OCI) reported in the statement of comprehensive income (one of the main financial statements after the adoption of K-IFRS) predicts a firm’s future performance. Using the quarterly data of Korean listed companies, we examine the association between OCI estimates and future earnings. First of all, we find that OCI is positively associated with earnings in both 1- and 2-quarter ahead, supporting the predictive value of OCI. When we break down OCI into its individual components, our results suggest that the net unrealized gains/losses on available-for-sale (AFS) investment securities are positively associated with future earnings, while the other components (e.g., net unrealized gains/losses on valuation of cash flow hedge derivatives) present insignificant results. In addition, we investigate whether the reliability in OCI estimates enhances the predictive value of OCI to predict future performance. We find that the predictive ability of OCI, in particular the net unrealized gains/losses on available-for-sale (AFS) investment securities, becomes more pronounced when firms are audited by the Big 4 audit firms. Overall, our study suggests that information content embedded in OCI can provide decision-useful information that is helpful for the prediction of future firm performance.

The study examines the impact of international integration on Vietnam's rural and urban income inequalities using the regression model. The data used for this study is based on the results of the Vietnam Household Living Standards survey from 2008 to 2016 of the General Statistics Office. These surveys conducted nationwide with a sample size of 46,995 households in 3,133 communes/wards which were representative at national, regional, urban, rural and provincial levels. The level of international economic integration used in the study is the proportion of import and export turnover of GDP, the proportion of FDI and GDP by province. Due to the heterogeneity and unobservableness of the single observant in the data set, we selected the models of random and fixed effects. The research results show that during the economic integration process, the Export/GDP factor is negatively related to income inequality. The remaining factors (GDP per capita, FDI/GDP, Educational level of households, Percentage of internet users, Aggregation of foreign cash inflow and GDP of the province) are all positively related to income inequality. The findings help assess the impact of international integration on rural-urban income inequality, but also provides a concrete basis to help policymakers address income inequality in the integration process.

We examine the effects of the complexity of tax-related information on the issuance of analyst’s pre-tax income forecast and its value relevance. If analysts respond adequately to the needs of investors, they are more likely to provide a pre-tax income forecast. The provision of a pre-tax income forecast may indicate analysts’ confidence in assessing the quality of earnings. Thus, investors, in turn, would be more confident in the analysts’ pre-tax income forecasts if analysts provide both pre-tax and earnings forecasts than only the latter. Using a sample of Korean listed companies for 2005–2014, we find that analysts are likely to provide an implicit tax forecast when the volatility of the effective tax rate is low and the book-tax differences are small. We also find that when analysts provide pretax and after tax income forecasts, the value relevance for unexpected earnings increases. These results indicate that analysts are likely to be interested in corporate tax information and the complexity of tax-related information affects the availability of implicit tax forecasts. Furthermore, this study provides empirical evidence that when analysts provide both pre-tax and after tax income forecasts, investors have more confidence in analysts’ earnings forecasts, which results in greater investors’ responses.

The objective of the study is to examine the impact of financial development and foreign remittances on poverty and income inequality in the context of Pakistan. The study used ARDL-Bounds testing approach for robust inferences. The results show that in the short-run, remittances increases poverty and income inequality, which further translated into its long-run impact. The result confirmed the inverted Ushaped relationship between per capita income and income inequality, while the second order coefficient of per capita income substantially decline poverty incidence in a country. In the long-run, the results disappeared and it’s turned into U-shaped relationship between income inequality and country’s per capita income. Education largely decreases income inequality both in the short and long-run, however, it increases poverty in the long-run. Unemployment rate substantially damaged the pro-poor growth scenario, as high unemployment rate increases both the poverty rates and income inequality, which suffered poor more than non-poor in a country. Financial development has a positive impact on poverty reduction and income inequality in the short-run. The impact of income inequality on poverty incidence is positive both in the short- and long-run, which need pro-poor growth policies and rationale income distribution in a country.

목적: 본 연구의 목적은 저소득층 아동·청소년의 신체 활동에 관한 선행연구를 토대로 신체활동상담 프로그램을 개발하고, 이를 아동·청소년에게 적용하여 그 효과를 검증하는 것이었다. 방법: 인천에 소재한 초등학교 2개교와 중학교 2개교의 재학생 중 저소득층 학생 189명(초등학생 92명, 중학생 97명)이 선정되어 초등학교 46명, 중학교 50명이 실험집단에 배정되어 신체 활동 상담 프로그램이 12주간 진행되었다. 프로그램의 효과 검증은 양적 연구방법과 질적 연구방법을 병행하는 동시적 혼합연구 방법을 사용하였다. 양적 연구에서는 프로그램의 적용 효과를 검증하기 위하여 네 가지 항목, 즉 유연성, 근력, 순발력, BMI를 측정하였다. 신체적 자기개념의 변화를 알아보기 위해 최선인, 정청희, 김병준(2005)의 신체적 자기개념 측정 도구를 사용하였다. 체력검사와 신체적 자기개념 검사 모두 사전 검사, 사후검사, 지연검사를 12주 간격으로 실시하여 이원혼합 설계 분산분석을 활용하여 자료를 처리하였다. 한편, 질적 연구에서는 양적 연구에 참여한 학생 중 무작위로 초등학생 13명, 중학생 12명을 대상으로 비참여적 관찰, 반구조화 개별 면담, 학생 신체 활동일지를 활용하여 문화 기술적 연구를 시행하였다. 연구 자료는 영역분석과 분류 분석의 절차를 통해 자료의 분석이 이루어졌다. 결과: 양적인 연구에서는 4가지의 체력검사와 6가지의 신체적 자기개념 검사별로 이원분산분석을 실시하여 사후검사에서는 프로그램의 효과가 있다는 것을 확인하였으나 지연검사에서는 일부 요인에서 집단별 평균점수의 차이가 없는 것으로 나타났다. 질적 연구에서 학생들은 신체 활동과 영양에 관한 지식, 개인 내적 변화(체력향상, 재미, 건강증진, 학업태도의 변화), 관계향상에서 진전이 있었다고 하였다.

Purpose - This study aims to examine the determinants of income management of the public servant. Three independent variables are examined such as attitude towards money, financial capability and debt management while the dependent variable is financial wellbeing of public servants. Research design, data, and methodology – Quantitative research is applied in this study, and data are collected by using cross sectional approach. Survey questionnaires are obtained from 270 respondents, which represents 79% response rate. The multiple regressions are used to examine the influence of attitude towards money, financial capability and debt management towards financial wellbeing. Results - The result of the multiple regression indicated positive influences of attitude towards money and financial capability on financial wellbeing. However, debt management found no significant influence on financial wellbeing. Conclusions - Research findings show that people have different attitudes towards money and different trends of expenditure. It is also crucial to be highlighted that employees’ attitude and financial capability have a greater influence on overall satisfaction with employees’ financial wellbeing. Some would want to show off their luxury items they bought to close friends or relatives and some are very prudent in making expenditures even for necessity items.

Purpose – The purpose of this research is to verify mediation effects of finance stress within relation structure between income inequality recognized by the elderly and life satisfaction. Research design, data, and methodology - In order to achieve the purpose of this research, we investigated recognition of income inequality of the elderly, finance stress and life satisfaction by using examination data aimed at 541 elderly people whose age is over 65 living in Chungcheongbuk-do. We conducted reliability, correlation, regression analysis_(tolerance limit and variance inflation factor) by using SPSS ver. 18.0. Results – From the result of analysis, it was proved that there are mediation effects of finance stress within the relation between income inequality recognized by the elderly and satisfaction with life. Based on this result, we suggest practical and political proposals to increase life satisfaction of the elderly. Conclusions - The purpose of this research is to verify mediation effects of finance stress in the relationship between income inequality and life satisfaction recognized by the elderly. From the result of research, first, a direct effect was discovered that as income inequality becomes high, life satisfaction will be decreased. Second, partial mediation effect of finance stress was confirmed in the relationship between income inequality and life satisfaction.

세계적인 경제위기에 맞물려 빈곤과 저소득층이 점차 증가하고 있는 추세로 가정의 위기, 부모의 부재 및 방임으로 인한 가족형태의 변화 로 낮은 자아개념과 자존감을 가지고 불안, 분노, 우울 등과 같은 정서적 문제를 경험하고 있으며, 대인관계에서도 위축감이 크다. 이러한 좌절감이나 열등감은 학교생활에서 또래로부터의 따돌림, 공격적인 행동, 학업성취의 어려움 등 대인관계에 어려움을 느끼며 또 다른 부 적응을 초래하기도 한다(배영옥, 2011). 원예활동은 심리적, 정서적 안정을 도모하고 긍정적인 삶의 태도를 형성하며 궁극적으로는 삶의 질을 높이는 것을 의미한다(김홍열, 2003). 따라서 본 연구는 심리적 적응단계를 이용한 원예치료 프로그램을 저소득층 아동에게 적용함 으로써 아동의 자아존중감에 어떠한 영향을 미치는지 알아보고자 실시하였다. 심리적 적응단계를 이용한 원예치료 프로그램을 저소득층 아동에게 적용함으로써 아동의 자아존중감에 어떠한 영향을 미치는지 알아본 결과 원예치료 프로그램 실시 후 학생들의 자아존중감 점수는 2.37(sd=0.28)에서 3.75(sd-0.13)로 1.38±0.24점이 증가하였고, 유의수준 1%하에서 통계적으로 유의한 것으로 나타났다(t=-11.638, p<0.01). 4개 하위영역을 살펴보면 일반적인 자아존중감의 경우 2.10점에서 3.80점으로, 사회적 자아존중감 2.50점에서 3.70점으로, 가정에서의 자아존중감은 2.20점에서 3.60으로, 학교에서의 자아존중감은 2.70 점에서 3.90점으로 모든 영역에서 향상됨을 볼 수 있었다. 이에 원예치료가 저소득 가정아동의 자아존중감 향상에 효과가 있음을 알 수 있 었다.

우리나라는 IMF와 세계적인 경제위기에 맞물려 여러 가지 분야에서 경제적 격차가 나타나고 있는 가운데 빈곤과 저소득층이 점점 증가하 고 있는 추세에 있으며 그 중심에 자녀의 성장과 환경에도 많은 영향을 미치고 있다. 급격한 사회변화와 가정의 위기, 부모의 부재 및 방임 등 여러 가족형태의 변화로 인한 낮은 자아개념과 자존감이 형성되어 불안, 분노, 우울 등과 같은 정서적 문제 및 대인관계에서도 위축감이 크다. 이러한 좌절감이나 열등감은 학교생활에서 또래로부터의 따돌림, 공격적인 행동, 학업성취의 어려움 등 부적응을 초래하기도 하고 대인관계에 어려움을 느끼기도 한다. 인간은 자연과 상호작용하고 오랜 세월동안 조화로운 관계를 유지하며 살아오고 있다. 인간과 자연과의 밀접한 관계를 인식하면서 최근, 식물을 활용한 다양한 치료가 이용되고 있으며 자연을 경험하고 느낄 수 있는 식물과 원예활동을 통해 신체적, 정서적, 사회적인 측면에 효 과가 있음이 보고되고 있다. 따라서 저소득층 아동에게 적용함으로써 아동의 자아존중감과 대인관계 향상에 영향을 미치는지 알아보고자 원예활동 프로그램을 실시하였다. 전주시 D초등학교 3학년 저소득층 가정 자녀로 소극적이고 대인관계에 어려움이 있는 학생 8명을 대상으로 주1회 1시간씩 12회기에 걸쳐 원예활동 프로그램을 실시하였으며, 자아 존중감 및 대인관계 측정도를 활용해 프로그램 전후를 분석한 결과 유의미한 결과가 도출되었다. 또한 프로그램 참여 학생별 변화정 도에서도 참여 학생 모두 향상된 것을 확인할 수 있었다. 저소득층 가정의 자녀일수록 부모의 관심과 보호의 결핍으로 부정적이고 비합리 적인 사고를 가지고 부적응적인 양상을 보이는 경우가 많아 원예활동 프로그램을 통해 자신감을 향상시키고 적응력을 키울 수 있도록 원예 프로그램이 체계적이고 지속적으로 운영되었으면 한다.

목적: 본 연구의 목적은 저소득층 아동⋅청소년의 신체활동 장애요인을 탐색하여 신체활동을 촉진할 수 있는 전략을 모색하는 것이다. 방법: 신체활동 장애요인의 정보를 얻어 나타난 주제에 대한 제언을 하기 위해 변형근거 이론이 활용되었다. 58명의 아동⋅청소년을 대상으로 개별 반구조화면담, 집단 초점 면담, 현장노트를 통해 자료를 수집하였으며, 전사된 자료는 항시 비교 방법을 통해 범주화되었고, 이 자료는 요인끼리의 상호관련성이 검토되고 3 가지의 주제로 조직되었으며, 이는 다시 본 연구 자료의 개념적 틀로 형성되었다 본 연구자와 세 명의 연구보조자들이 일련의 회의를 통해 나타난 개념적 틀을 고찰, 토의하는 과정을 통해 확정되었다. 문헌연구와 두 명의 외부전문가의 피드백을 통해 본 연구의 외재적 타당성이 향상되었다. 결과: 본 연구의 결과는 세 가지의 주제에 따라 논의되었다. 이들 주제는 선행요인, 동기 유발요인, 제언이었다. 선행 요인은 신체활동에 대한 개인 내적, 외재적 장애요소였다. 동기유발 요인은 신체활동에 참여하고자 하는 개인의 욕구를 활성화시킬 수 있는 요소들이다. 제언 요소는 신체활동을 증진하기 위해 참여자가 규명할 수 있는 아이디어들이다. 결론: 본 연구는 신체활동을 촉진할 수 있는 중재전략을 세우기 위해 필요한 종합적 접근방법을 강조하고 있다. 신체활동을 위한 제언은 보다 건강한 생활양식을 활성화시켜 신체활동을 증가시키는 것이다.