The Role of Globalisation in Improving Human Development in Malaysia. Jurnal Ekonomi Malaysia, 53 (2). pp. 227-234. ISSN 2716 – 6058 (2019)
Abstract
This paper examines the impact of globalisation on the level of human development in Malaysia. It also investigates
the roles of other potential determinants of human development such as foreign direct investment (FDI), trade openness
and international migration on Human Development Index (HDI) in Malaysia. We employ the method of Autoregressive
Distributed Lag (ARDL) on the annual time series data covering the period from 1980 to 2017. The results confrm
a positive and signifcant long run relationship between globalisation and FDI with HDI in Malaysia. However, the
results imply a negative short and long run relationship of both trade openness and international migration with HDI.
Therefore, the results suggest for policies to be focused and geared towards fostering globalisation and attracting
the infows of FDI if the country’s main agenda is to improve the level of human development.
| Item Type: | Article |
|---|---|
| Keywords: | Globalisation, human development, Autoregressive Distributed Lag, Malaysia |
| Taxonomy: | By Subject > Business & Management > Human Resource |
| Local Content Hub: | Subjects > Business & Management |
| Depositing User: | Eza Eliana Abdul Wahid |
| Date Deposited: | 06 Oct 2021 23:40 |
| Last Modified: | 06 Oct 2021 23:40 |
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