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Sri Mulatsih
Departemen Ilmu Ekonomi, Fakultas Ekonomi Dan Manajemen, IPB University
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The Impact of Globalization on Economic Growth in ASEAN Suci, Stannia Cahaya; Asmara, Alla; Mulatsih, Sri
BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi Vol. 22, No. 2
Publisher : UI Scholars Hub

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Abstract

The establishment of ASEAN (Association of Southeast Asian Nations) as one of the most highly-integrated regional organizations is the reflection of the process of globalization. This high integration is characterized by international cooperation in economic, social and political policies. One of the positive impacts of globalization itself is the increasing economic growth. However, this economic growth is disproportionately distributed among countries. In Southeast Asia, this is shown by the fact that the rising globalization in ASEAN is not always followed by the increase in economic growth. By using the KOF Index of Globalization that covers three main dimensions: economic integration, social integration, and political integration, this research paper looked into the impact of globalization on economic growth. Based on the panel data of six developing countries in ASEAN from 2006 to 2012, this research paper found that the overall index of globalization had positively and significantly impacted the economic growth in the region. Economic and political globalization also positively impacted the economic growth. However, the social globalization did not affect the growth. Inflation, infrastructure, quality of education, technological preparedness and government spending also had positive impact on economic growth.
Co-Authors -, Fransisco A. Faroby Falatehan A. GUNAWAN A. Tanti A. Yani Achmad Adhi Wiyono Adi Widyanto Adrian Tri Sasongko Ahmad Yani Akhmad Fauzi Alla Asmara Alvina Syafira Fauzia Amalia Diena Listyanti Anita Ristianingrum Annazah, Nur Siti April H. Wardhana Arif Naldi Arini Hardjanto Artino, Adi Asep Hariyanto Ayu, Sakuntala Devi Baba Barus Bambang Juanda Bambang Pramudya Noorachmat, Bambang Pramudya Bayu Agung Prasetyo Budi Kurniawan Budi Kurniawan Carolin Lulik Tafsia Cece Sumantri D Sonny Priyarsono Dea Amanda Dear Rahmatullah Ramadhan Dedi Budiman Hakim Dian Verawati Panjaitan Dini Widyasmarani Suherman Dion Sanaha Dominicus Savio Priyarsono Dwi Rachmina Dwi Suprastyo DWI SURYANTO Dyah Tjahyandari Suryaningtyas E. B. Laconi, E. B. E. Gustia Edwin Aldrianto Eka Puspitawati Ely Nurhayati Ely Nurhayati Ernan Rustiadi Estu Sri Luhur F. T. Farda, F. T. Fachriyan Hasmi Pasaribu Fariyanti, Anna Fathya Nirmala Hanoum Findi Alexandi Hadi Susilo Arifin Hadisti Nur Aini Hania Rahma Hariyadi Hariyadi Hariyadi, nfn Hartoyo Hartoyo Hasibuan , Almanico Islamy Hasnawati Hasnawati Hastuti Hendra Andy Mulia Panjaitan Henny Nuraini Hermanto Siregar I. R. H. Soesanto Ibnu Hidayat Ida Nur Istina, Ida Nur Idqan Fahmi Iman Rahayu Hidayati Soesanto Indra Jaya Indrayansyah Nur Iqbal Firdaus Irzaman, Irzaman Iskandar Ahmaddien Khalifah Muhamad Ali Komariah . Kusumawati, Sri Ambar Lailan Syaufina Lina Karlinasari LUCAS SOARES Lukytawati Anggraeni M A Chozin Machfud Machfud Meida Yuliani Meidiza Dwi Orchidea Meti Ekayani Mia Ayu Wardani Mia Ayu Wardani Mimik Nurjanti Mira Marina Mohammad Iqbal Irfany Mohammad Reza Fauzi Muhamad Tulodo Adisono Muhammad Akbar, Wahyu Muhammad Asep Surachman muhammad Firdaus Muhammad Mu’min Fahimuddin Nandha Rizki Awalia Nur Siti Annazah Nurita Nurita Nurkhayat, Ahmad Omo Rusdiana Panikkai, Sumarni Patria Kusumadiya Pipin Noviati Sadikin Pipin Noviati Sadikin Purwati, Handewi Puspita Octaria Putri Irina Mayang Sari R. Mutia Raden Sonny Suroyo Junior Rahmat Hidayat Ratna Anita Carolina Retno D. Soejoedono Reza Maulana Saragih Rika Setiabudi Santoso Rita Mutia Rita Nurmalina Rita S. Dewi Rizky Oktavian Rully Caesario Sahara Sahara Sahara Sarah Nita Hasibuan Siti khamila dewi Sri Hartoyo Sri Nurdiati Sri Retno Wahyu Nugraheni Suci, Stannia Cahaya Sudirman Yahya Sugiyanta Sukanto Sukanto Sumardjo Supriyanto Supriyanto Suryaningsih, Widiani Suwarto Suwarto Tanti Novianti Totok Junari Ulul Hidayah Widada, Rasyid Widya Nadira Nasution Wiwiek Rindayati Y. Retnani YETI L. PURNAMADEWI Yeti Lis Purnamadewi Yudi Setiawan Yufita Listiana Yuli Retnani Yuliana Susanti Yusman Syaukat yuyun yunardi Zaki Abdullah Zulfi Prima Sani Nasution