The introduction of Sustainable Development Goals (SDGs) provides a blueprint for sustainable growth which has received widespread attention from policymakers, industry players and academics globally. The objective of this paper is to examine the role of agricultural finance, progress in agriculture and rural development on the sustainable development of ASEAN countries. The relevant data covering a period of 11 years (2009 to 2020) is sourced from World Development Indicators (WDI) and Global Sustainable Development Reports (GSDR). The results obtained from the traditional approach of Fixed-effect model (FEM) indicate that agricultural finance, agricultural progress, and rural development have a significant and positive impact on the sustainable development of ASEAN countries. More specifically, the findings indicate that agricultural finance, progress in agriculture and rural development drive sustainable growth. These findings have several implications, especially for policymakers responsible for regulating these sectors. For instance, the relevant regulatory authorities should devise policies that can provide good incentives for the agricultural, rural and sustainable development. ; Phuoc Huu Vo (Academy of Politics Region II), Thanh Quang Ngo (School of Government, University of Economics Ho Chi Minh City) ; Includes bibliographical references
AbstractAt present, tourism is counted among those industries which have gained global attention due to rapid growth. Hence, a constant diversification in terms of destination is needed in tourism development. The recent trends of industry highlight the demand of alternative tourism types, among which nature-related tourism appears to be an emerging concept. In this regard, the present article investigates the impact of economic conditions and sustainable rural development on the sustainability of tourism development in China. The current research has gathered secondary data from the World Bank from 1981 to 2020. The quartile autoregressive distributed lag model has been applied to test the association between the variables. The results revealed that GDP, inflation, FDI, exchange rate, energy use, gross savings, and sustainable rural development have a significant and positive association with the sustainability of tourism development in China. Findings offer managerial implications recommending the local government to focus on the sustainability of rural development and economic conditions that may lead to the implementation of tourism-related development projects. This study also guides the policymakers in establishing policies related to tourism development using different economic conditions and sustainable rural development.