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The role of globalisation in improving human development in Malaysia


Citation

Mazlan, Nur Syazwani and Fadzilah, Farah Yushanis and Ibrahim, Saifuzzaman (2019) The role of globalisation in improving human development in Malaysia. Jurnal Ekonomi Malaysia, 53 (2). pp. 227-234. ISSN 0127-1962

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 confirm a positive and significant 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 inflows of FDI if the country’s main agenda is to improve the level of human development.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
DOI Number: https://doi.org/10.17576/JEM-2019-5302-17
Publisher: Penerbit Universiti Kebangsaan Malaysia
Keywords: Globalisation; Human development; Autoregressive distributed lag; Malaysia
Depositing User: Mr. Sazali Mohamad
Date Deposited: 17 Oct 2020 21:37
Last Modified: 17 Oct 2020 21:37
Altmetrics: http://www.altmetric.com/details.php?domain=psair.upmedu.my&doi=10.17576/JEM-2019-5302-17
URI: http://psasir.upm.edu.my/id/eprint/82587
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