Enrichment: Journal of Multidisciplinary Research and Development
Vol. 1 No. 10 (2024): Enrichment: Journal of Multidisciplinary Research and Development

Analysis of the Quality of Human Development in ASEAN-5 Countries

Regita Nanda Erlitasari (Universitas Muhammadiyah Malang)
Muhammad Sri Wahyudi Suliswanto (Universitas Muhammadiyah Malang, Indonesia)



Article Info

Publish Date
28 Jan 2024

Abstract

The development of science and knowledge that is increasingly modern is one of the things that is quite beneficial in all aspects of life. With technological advancements, every country is competing to improve development in an effort to realize the welfare of its population. The impact of GDP, government spending on education, and government spending on health on the quality of human development in five ASEAN countries are the targets of this study. The use of data in this study is secondary data sourced from the World Bank and the United Nations Development Programme (UNDP) for the period 2012–2020, covering Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Panel data analysis was used with the Fixed Effect Model. The results found that GDP has a positive and insignificant impact on HDI, while government spending in the education sector has a significant negative impact. Government spending in the health sector has a positive and insignificant impact on HDI. The results indicate that differences in government expenditure and economic growth have different impacts on the quality of human development. These findings can assist the government in determining development priorities and support efforts to improve community welfare and reduce inequality between ASEAN countries

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Journal Info

Abbrev

jr

Publisher

Subject

Humanities Economics, Econometrics & Finance Engineering Health Professions Social Sciences

Description

Enrichment: Journal of Multidisciplinary Research and Development is a double-blind, peer-reviewed journal covering multidisciplinary issues. Monthly published by International Journal Labs, the journal serves as a means of relevant discussion that fall within its focus and scopes. This journal ...