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All Journal Journal of Malikussaleh Public Economics
Padhil Hasyim
Fakultas Ekonomi dan Bisnis, Universitas Malikussaleh
Economics, Econometrics & Finance Education

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THE EFFECT OF FOREIGN DEBT, FOREIGN INVESTMENT (FDI), AND GOVERNMENT SPENDING ON ECONOMIC GROWTH IN 5 ASEAN COUNTRIES Asnawi Asnawi; Padhil Hasyim; Khairil Anwar; Muhammad Roni
Journal of Malikussaleh Public Economics Vol 6, No 1 (2023): JOURNAL OF MALIKUSSALEH PUBLIC ECONOMICS
Publisher : LPPM Universitas Malikussaleh

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29103/jmpe.v6i1.12138

Abstract

This study aims to analyze the effect of foreign debt, foreign investment and Government spending on Economic Growth in 5 Asean Countries. The data used in this study is cross-sectiaon data from 2011-2020 obtained from the World Bank. The data is then analyzed using the Panel data regression model. The results of this study show that foreign debt has a positive and significant effect on economic growth in 5 asean countries. Foreign investment has no positive and significant effect. And Government spending has a positive and significant effect on economic growth in 5 Asean countries. The government is advised to carefully manage foreign debt to create positive Economic Growth, Create a conducive Investment climate and increase spending to boost Economic Growth.
Co-Authors Asnawi Asnawi Khairil Anwar Muhammad Roni