Analysis on the Impact of Economic Globalization on Human Development and Economic Growth in the ASEAN-4

Economic globalization has made economies fruitful; however, a few studies argued that its impact on human development is not at par with economic growth’s advancements. With this, the effect and difference of economic globalization in terms of Trade, Foreign Direct Investment (FDI), and Foreign Portfolio Investment (FPI) on Human Development Index (HDI) and Gross Domestic Product (GDP) per capita were examined among the ASEAN-4 nations, namely, Indonesia, Malaysia, Philippines, and Thailand conjointly from 1990 to 2019. Multiple regression was used to estimate the parameters and significance of the models. Results have proved that the predictors, collectively, have a positive and statistically significant effect on GDP and the HDI. However, the data showed that linear regression of GDP per capita at 51.21% has more variation than HDI at 35.95%, which could mainly be due to that human development is highly influenced by other factors such as demand political freedom and prioritization of human rights, while the preferred subset still has the three variables altogether. Yet there were sub predictors towards GDP per capita that showed a partial effect except for FDI and FDI+FPI. This might be caused by its unidirectionality and volatility in investing.

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ANALISIS PENGARUH INDEKS PEMBANGUNAN MANUSIA, PDRB PER KAPITA, DAN JUMLAH PENGANGGURAN TERHADAP JUMLAH PENDUDUK MISKIN DI PROVINSI JAMBI

EKONOMIS Journal of Economics and Business ◽

10.33087/ekonomis.v2i1.40 ◽

2018 ◽

Vol 2 (1) ◽

pp. 165

Author(s):

Yunie Rahayu

Keyword(s):

Human Development ◽

Human Development Index ◽

Linear Regression Analysis ◽

Geographic Location ◽

Least Square ◽

Gdp Per Capita ◽

Development Index ◽

The Poor ◽

Per Capita ◽

Poor Population

Poverty is a problem faced by all countries in the world, especially the developing countries, such as Indonesia. Poverty is a complex issue that is affected by a variety of interrelated factors, such as people's income levels, unemployment, health, education, access to goods and services, geographic location, gender, and location the environment. The number of poor population in Central Java is relatively lebihtinggi compared to laindi province of Indonesia, that is occupying ranked second in the number of poor population the largest in Indonesia after East Java. This research aims to analyze how and how much the variable influences the human development index, GDP per capita, and the number of poor population against unemployment in Jambi province in the year 2016. Methods of analysis in this study using multiple linear regression analysis with the method of Ordinary Least Square (OLS) that use data between spaces (cross section) district/town in Jambi province year 2016 with the help of software Eviews 4.1. The results of this research indicate that the variable is the human development index (HDI) a negative and significant effect against the poor population in the province of Jambi, the per capita GDP is negative and significant effect against the number of poor population in The province of Jambi, the unemployment and the number of positive and significant effect against the poor population in the province of Jambi.Keywords: population of the poor, the human development index (HDI), GDP per capita, and the number of Unemployed

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The Effect of Economic Globalization on the Economic Growth-A Study on Foreign Portfolio Investment, Foreign Direct Investment, Export and Import in 1982-2017 Period: A Case Study in China

Journal of Economics and Public Finance ◽

10.22158/jepf.v5n3p347 ◽

2019 ◽

Vol 5 (3) ◽

pp. p347

Author(s):

Xu Yonghong ◽

Setyabudi_ Indartono

Keyword(s):

Economic Growth ◽

Foreign Direct Investment ◽

Direct Investment ◽

Economic Globalization ◽

Portfolio Investment ◽

Economic Activities ◽

Foreign Portfolio Investment ◽

Ex Post ◽

Ex Post Facto ◽

Ex Post Facto Study

In the context of economic globalization, countries around the world are closely linked through economic activities such as import, export, foreign direct investment and foreign portfolio investment. Economic globalization is conducive to participating in the international division of labor, giving play to its comparative advantages and expanding overseas markets. This research is an ex post facto study using quantitative. The data used are as many as 35 data from 1982 to 2017. This study aims to determine the effect of economic globalization on economic growth, study: Foreign Portfolio Investment, Foreign Direct Investment, import and export, both directly or indirectly. The data ware validated using the VAR model, the results of this study indicate that the effects of variables on economic growth are positive.

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Trends in Mediterranean inequalities 1950-2015

Panoeconomicus ◽

10.2298/pan160923012d ◽

2019 ◽

Vol 66 (4) ◽

pp. 385-410 ◽

Cited By ~ 2

Author(s):

Vittorio Daniele ◽

Paolo Malanima

Keyword(s):

Human Development ◽

Human Development Index ◽

Social Indicators ◽

First Century ◽

Gdp Per Capita ◽

Development Index ◽

Mediterranean Countries ◽

Per Capita ◽

The Mediterranean ◽

The 1950S

This article is aimed at analysing the trends of economic, social and institutional inequality among the Mediterranean countries in the period 1950- 2015. After the examination of the inequalities in GDP per capita among and within nations, we present a Human Development Index (HDI) that includes a measure of democratic achievements. Main result is that inequalities in income, after the rise from the 1950s onwards, declined from the start of the twenty-first century. Inequalities in HDI, instead, constantly diminished in the period under examination, while a process of democratization occurred. On the whole, despite the convergence among Mediterranean countries, economic inequalities are much deeper than those in social indicators.

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DISPARITAS REGIONAL PROVINSI SUMATERA BARAT DI ERA OTONOMI DAERAH

Jurnal Tataloka ◽

10.14710/tataloka.17.1.53-63 ◽

2015 ◽

Vol 17 (1) ◽

pp. 53

Author(s):

S Syahrial ◽

Dedi Budiman Hakim ◽

Yeti Lis Purnamadewi

Keyword(s):

Human Development ◽

Human Development Index ◽

Data Use ◽

Positive Influence ◽

Development Index ◽

Independent Variables ◽

West Sumatra ◽

Per Capita ◽

Underdeveloped Region ◽

The Impact

Regional autonomy policy has been implemented since 2001, but in 2013 as many as 66.67 percent of districts in West Sumatra still categorized as a relatively underdeveloped region by the Ministry of Development Underdeveloped regions. This indicates the occurrence of inequality considerable development in the Province of West Sumatra. This study not only examines the degree of inequality between regions, but also analyze the impact of GDRP per capita, the growth of the Human Development Index, and the Ratio of Infrastructure Expenditure against the inequalities based on economic position (the pattern and structure of economic growth). Analysis of the data use the Index Williamson and panel data regession from 2005 to 2012. The results showed disparity of regional development in the Provinces of West Sumatra increasing. Simultaneously and partially three independent variables (GDRP per capita, the growth of the Human Development Index, the Ratio of Infrastructure Expenditure) significant and positive influence as a major source of regional disparities in the Province of West Sumatra.Regional autonomy policy has been implemented since 2001, but in 2013 as many as 66.67 percent of districts in West Sumatra still categorized as a relatively underdeveloped region by the Ministry of Development Underdeveloped regions. This indicates the occurrence of inequality considerable development in the Province of West Sumatra. This study not only examines the degree of inequality between regions, but also analyze the impact of GDRP per capita, the growth of the Human Development Index, and the Ratio of Infrastructure Expenditure against the inequalities based on economic position (the pattern and structure of economic growth). Analysis of the data use the Index Williamson and panel data regession from 2005 to 2012. The results showed disparity of regional development in the Provinces of West Sumatra increasing. Simultaneously and partially three independent variables (GDRP per capita, the growth of the Human Development Index, the Ratio of Infrastructure Expenditure) significant and positive influence as a major source of regional disparities in the Province of West Sumatra.

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Human Development: Quantitative Measurement and Processes in World System

World Economy and International Relations ◽

10.20542/0131-2227-2010-7-102-114 ◽

2010 ◽

pp. 102-114

Author(s):

I. Grishin

Keyword(s):

International Relations ◽

Human Development ◽

Human Development Index ◽

World Economy ◽

Quantitative Measurement ◽

World System ◽

Gdp Per Capita ◽

Modern Development ◽

Per Capita ◽

Academy Of Sciences

This publication presents regular materials of the scientific workshop "Modern Development Problems", hosted by Dr. V. Khoros, head of Center for Development and Modernization Studies at the Institute of World Economy and International Relations, Russian Academy of Sciences. A spokesperson is V.A. Krasil'shchikov, Dr. Sci. (Economics), Head of Section at IMEMO. Human Development Index calculated by the UN since 1980s on the basis of GDP per capita, lifespan and education of population is chosen as a primary criterion.

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Human Development: Quantitative Measurement and Processes in World System (the end)

World Economy and International Relations ◽

10.20542/0131-2227-2010-8-116-128 ◽

2010 ◽

pp. 116-128

Author(s):

I. Grishin

Keyword(s):

International Relations ◽

Human Development ◽

Human Development Index ◽

World Economy ◽

Quantitative Measurement ◽

World System ◽

Gdp Per Capita ◽

Modern Development ◽

Per Capita ◽

Academy Of Sciences

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Global Discrepancies between Numbers of Available SARS-CoV-2 Genomes and Human Development Indexes at Country Scales

Viruses ◽

10.3390/v13050775 ◽

2021 ◽

Vol 13 (5) ◽

pp. 775

Author(s):

Philippe Colson ◽

Didier Raoult

Keyword(s):

Life Expectancy ◽

Human Development ◽

Human Development Index ◽

Gdp Per Capita ◽

Asian Countries ◽

Genome Sequences ◽

Microsoft Excel ◽

Development Index ◽

The World ◽

Per Capita

It has now been over a year since SARS-CoV-2 first emerged in China, in December 2019, and it has spread rapidly around the world. Some variants are currently considered of great concern. We aimed to analyze the numbers of SARS-CoV-2 genome sequences obtained in different countries worldwide until January 2021. On 28 January 2021, we downloaded the deposited genome sequence origin from the GISAID database, and from the “Our world in data” website we downloaded numbers of SARS-CoV-2-diagnosed cases, numbers of SARS-CoV-2-associated deaths, population size, life expectancy, gross domestic product (GDP) per capita, and human development index per country. Files were merged and data were analyzed using Microsoft Excel software. A total of 450,968 SARS-CoV-2 genomes originating from 135 countries on the 5 continents were available. When considering the 19 countries for which the number of genomes per 100 deaths was >100, six were in Europe, while eight were in Asia, three were in Oceania and two were in Africa. Six (30%) of these countries are beyond rank 75, regarding the human development index and four (20%) are beyond rank 80 regarding GDP per capita. Moreover, the comparisons of the number of genomes sequenced per 100 deaths to the human development index by country show that some Western European countries have released similar or lower numbers of genomes than many African or Asian countries with a lower human development index. Previous data highlight great discrepancies between the numbers of available SARS-CoV-2 genomes per 100 cases and deaths and the ranking of countries regarding wealth and development.

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Government Spending, Gross Domestic Product, Human Development Index (Evidence from East Java Province)

KnE Social Sciences ◽

10.18502/kss.v4i6.6641 ◽

2020 ◽

Author(s):

Farida Rahmawati ◽

Meirna Nur Intan

Keyword(s):

Local Government ◽

Gross Domestic Product ◽

Human Development ◽

Government Spending ◽

Human Development Index ◽

Capita Income ◽

Gdp Per Capita ◽

Domestic Product ◽

Development Index ◽

Per Capita

Government spending is expected to improve the Human Development Index (HDI) in order to increase public welfare. Theoretically, if the number of government expenditure is increasing then the Human Development Index (HDI) will be higher as well. Based on earlier research, it was found few differences about the result of influence Government spending to Human Index. The purpose of the study was to analyze the influence of government spending and Gross Domestic Product to the Human Development Index of East Java Province (during 2014-2017). The research method using descriptive quantitative approach. Local government expenditures were analyzed by direct local government spending by looking at three aspects namely employees expenditure, spending on goods and services, and capital expenditures. Whereas, for the GDP per capita income is analyzed based on three aspects: production, income, and expenditure. Then the human development index to see the effects of these two variables based on three dimensions that exist in the human development index healthiness dimensions, dimensions of knowledge, and economic dimensions. The results showed that the local government spending income and the GDP per capita income has a significant effect on the human development index. Government spending has a significant influence on the educational dimension, while GDP per capita has a significant effect on the purchasing power of people thus affecting the economic dimension. Keywords: Government spending, Gross Domestic Product, Human Development Index

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GLOBALIZATION AND ITS IMPACT ON ECONOMIC GROWTH: EVIDENCE FROM ASEAN COUNTRIES

TRIKONOMIKA ◽

10.23969/trikonomika.v19i1.1441 ◽

2020 ◽

Keyword(s):

Economic Growth ◽

Gross Domestic Product ◽

Positive Impact ◽

Economic Globalization ◽

Gdp Per Capita ◽

Domestic Product ◽

Brunei Darussalam ◽

Per Capita ◽

Asean Countries ◽

The Impact

This study investigates the impact of globalization toward economic growth in ASEAN countries during 2012 to 2017. The research method used judgmental sampling with samples of 11 countries. They were Brunei Darussalam, Cambodia, East Timor, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The analysis used path analysis to examine the impact between the variables of globalization and economic growth. Globalization was determined by globalization index, economic globalization, social globalization, and politic globalization. Real Gross Domestic Product (GDP) and Gross Domestic Product (GDP) per capita are used as a proxy for economic growth. The finding results are that globalization index, economic globalization, social globalization, and politic globalization have a significant positive association with Gross Domestic Product (GDP) and Gross Domestic Product (GDP) per capita. Overall globalization evidence the positive impact on economic growth in ASEAN Countries.

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The importance of human capacity in terms of countries development

Journal of Economics and International Relations ◽

10.26565/2310-9513-2019-10-16 ◽

2019 ◽

Keyword(s):

Human Development ◽

Human Development Index ◽

Pension System ◽

Social Institutions ◽

The State ◽

Human Potential ◽

Development Index ◽

Per Capita ◽

Human Capacity ◽

The Impact

Human capacity in the modern world is one of the main types of economic potential. It can be measured with the help of Human Development Index (HDI). The Human Development Index is a statistic composite index of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development. The subject of research of the article is human potential as the ultimate criteria for assessing the development of a country. The purpose of the work is to determine the role of human potential in the process of economic development of the state. Scientific methods are used, such as graphical analysis (to determine dynamics of HDI development in Ukraine), correlation analysis (to show the impact of HDI on GNI per capita in post-Soviet countries). Traditionally OECD countries show very high human development (0,89). Among post-Soviet countries Russia and Belarus outrank other states in human development index. However, it appears that they improved their characteristics largely by prolonging the time its population spends in school rather than boosting population health and the standard of living indices. Russia ranks 49th and Belarus ranks 53rd in the 2017 Human Development Index. That places them ahead of fellow post-Soviet states, Kazakhstan (58th), Azerbaijan (80th), Armenia (83rd) and Ukraine (88th). Conclusions: the experience of developed countries, as well as some post-Soviet states, shows that the development of human potential sufficiently affects some certain macroeconomic indicators, especially in emerging economies. Moreover, the growth of human potential can support the development of an innovative economy of the state, which is extremely relevant for Ukraine. Therefore, attention should be paid to the main areas of development of human potential, such as: demographic and public preservation policies, development of health care; development of physical culture and sports, development of education, development of culture and mass media; labor market development; development of social institutions and social policy; youth policy; development of the pension system; ecological safety.

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