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The Role of Globalisation in Improving Human Development in Malaysia

Author

Listed:
  • Mazlan, Nur Syazwani

    (Fakulti Ekonomi dan Pengurusan Universiti Putra Malaysia 43400 UPM Serdang Selangor MALAYSIA)

  • Fadzilah, Farah Yushanis

    (Fakulti Ekonomi dan Pengurusan Universiti Putra Malaysia 43400 UPM Serdang Selangor MALAYSIA)

  • Ibrahim, Saifuzzaman

    (Fakulti Ekonomi dan Pengurusan Universiti Putra Malaysia 43400 UPM Serdang Selangor MALAYSIA)

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.

Suggested Citation

  • Mazlan, Nur Syazwani & Fadzilah, Farah Yushanis & Ibrahim, Saifuzzaman, 2019. "The Role of Globalisation in Improving Human Development in Malaysia," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 53(2), pages 227-234.
    • Handle: RePEc:ukm:jlekon:v:53:y:2019:i:2:p:227-234
    DOI: http://dx.doi.org/10.17576/JEM-2019-5302-17
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    References listed on IDEAS

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    Cited by:

    1. Kamalu, Kabiru & Wan Ibrahim, Wan Hakimah, 2022. "The Influence of Institutional Quality on Human Development: Evidence from Developing Countries," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 56(1), pages 93-105.

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