Jurnal Ekonomi Pembangunan
Vol 20, No 1 (2022): Jurnal Ekonomi Pembangunan

Corruption and Economic Growth in ASEAN-5 Countries

Firman Firman (Faculty of Economics and Islamic Business IAIN Pontianak, West Kalimantan)
Fathan Munim (Faculty of Economics and Islamic Business IAIN Pontianak, West Kalimantan)



Article Info

Publish Date
05 Aug 2022

Abstract

The goal of economic development is economic growth nor foreign direct investment, but this increase must be supported by improving the quality of people, the population, and reducing the level of corruption. The purpose of this study is to determine the impact of corruption on economic growth and foreign direct investment. Using the variables of economic growth, foreign direct investment, corruption perception index, population, and human development index. The sample is ASEAN-5 countries, namely Indonesia, Malaysia, Singapore, Philippines, and Thailand from 2010-2020. The findings of our first model show that neither the corruption perception index nor the population index is significant, while the human development index has a positive relationship and has a significant effect on foreign direct investment in ASEAN-5. The findings of our second model are that the corruption perception index has a negative and significant effect on economic growth, while the human development index and foreign direct investment have no significant effect on economic growth in ASEAN-5.

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Journal Info

Abbrev

jep

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Pembangunan is a peer-reviewed journal that provides a forum for scientific works pertaining to Development Economics. Published twice in a year (June and December). This Journal has p-ISSN 1829-5843, and e-ISSN 2685-0788. This journal was first published since June 2003 by the ...