The role of globalisation in improving human development in Malaysia

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 M...

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Main Authors: Nur Syazwani Mazlan, Farah Yushanis Fadzilah, Saifuzzaman Ibrahim
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2019
Online Access:http://journalarticle.ukm.my/14131/
http://journalarticle.ukm.my/14131/1/jeko_53%282%29-17.pdf
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author Nur Syazwani Mazlan,
Farah Yushanis Fadzilah,
Saifuzzaman Ibrahim,
author_facet Nur Syazwani Mazlan,
Farah Yushanis Fadzilah,
Saifuzzaman Ibrahim,
author_sort Nur Syazwani Mazlan,
building UKM Institutional Repository
collection Online Access
description 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 Auto-Regressive 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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spelling oai:generic.eprints.org:141312020-02-03T07:42:37Z http://journalarticle.ukm.my/14131/ The role of globalisation in improving human development in Malaysia Nur Syazwani Mazlan, Farah Yushanis Fadzilah, Saifuzzaman Ibrahim, 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 Auto-Regressive 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. Penerbit Universiti Kebangsaan Malaysia 2019 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/14131/1/jeko_53%282%29-17.pdf Nur Syazwani Mazlan, and Farah Yushanis Fadzilah, and Saifuzzaman Ibrahim, (2019) The role of globalisation in improving human development in Malaysia. Jurnal Ekonomi Malaysia, 53 (2). pp. 1-10. ISSN 0127-1962 http://www.ukm.my/fep/jem/content/2019-2.html
spellingShingle Nur Syazwani Mazlan,
Farah Yushanis Fadzilah,
Saifuzzaman Ibrahim,
The role of globalisation in improving human development in Malaysia
title The role of globalisation in improving human development in Malaysia
title_full The role of globalisation in improving human development in Malaysia
title_fullStr The role of globalisation in improving human development in Malaysia
title_full_unstemmed The role of globalisation in improving human development in Malaysia
title_short The role of globalisation in improving human development in Malaysia
title_sort role of globalisation in improving human development in malaysia
url http://journalarticle.ukm.my/14131/
http://journalarticle.ukm.my/14131/
http://journalarticle.ukm.my/14131/1/jeko_53%282%29-17.pdf