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: Mazlan, Nur Syazwani, Fadzilah, Farah Yushanis, Ibrahim, Saifuzzaman
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2019
Online Access:http://psasir.upm.edu.my/id/eprint/82587/
http://psasir.upm.edu.my/id/eprint/82587/1/The%20role%20of%20globalisation.pdf
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author Mazlan, Nur Syazwani
Fadzilah, Farah Yushanis
Ibrahim, Saifuzzaman
author_facet Mazlan, Nur Syazwani
Fadzilah, Farah Yushanis
Ibrahim, Saifuzzaman
author_sort Mazlan, Nur Syazwani
building UPM 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 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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spelling upm-825872020-10-17T21:37:36Z http://psasir.upm.edu.my/id/eprint/82587/ The role of globalisation in improving human development in Malaysia Mazlan, Nur Syazwani Fadzilah, Farah Yushanis Ibrahim, Saifuzzaman 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. Penerbit Universiti Kebangsaan Malaysia 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/82587/1/The%20role%20of%20globalisation.pdf 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 10.17576/JEM-2019-5302-17
spellingShingle Mazlan, Nur Syazwani
Fadzilah, Farah Yushanis
Ibrahim, Saifuzzaman
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://psasir.upm.edu.my/id/eprint/82587/
http://psasir.upm.edu.my/id/eprint/82587/
http://psasir.upm.edu.my/id/eprint/82587/1/The%20role%20of%20globalisation.pdf