The Effect of FDI and Corruption to Human Development in OIC Countries

Authors

  • Dewi Robbani Institut Agama Islam Tazkia

DOI:

https://doi.org/10.30993/tifbr.v15i1.265

Abstract

This study aims to see the direct and indirect effect of FDI and corruption to Human Development in OIC Countries. Nine countries are selected representing the medium to very high human development category in OIC Countries (Egypt, Indonesia, Jordan, Malaysia, Morocco, Kazakhstan, Kyrgyzstan, Turkey, and Tunisia). Using a combination of path diagram and panel data analysis, the result of this research indicates corruption has both direct and indirect effect through economic growth to human development in 9 OIC countries, while economic growth and FDI restrictiveness have a direct effect.

Keywords: Foreign Direct Investment, Corruption, Human Development, OIC

 

Abstrak. Penelitian ini bertujuan untuk melihat pengaruh langsung dan tidak langsung dari investasi langsung luar negeri (FDI) dan korupsi terhadap pembangungan manusia di negara-negara OKI. Dalam hal ini, 9 negara dipilih yang merepresentasikan kategori tingkat pembangunan manusia menengah dan tinggi di antara negara-negara OKI (Mesir, Indonesia, Yordania, Malaysia, Maroko, Kazakhstan, Kirgistan, Turki, dan Tunisia). Dengan menggunakan kombinasi diagram jalur dan analisis data panel, hasil penelitian menunjukkan bahwa korupsi berpengaruh terhadap tingkat pembangungan manusi di negara-negara OKI baik secara langsung maupun tidak langsung melalui pertumbuhan ekonomi. Sementara itu, pertumbuhan ekonomi dan pembatasan FDI memiliki pengaruh langsung.

Keywords: Investasi Langsung Luar Negeri, Korupsi, Pembagunan Manusia, OKI

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Published

2022-02-01

How to Cite

Robbani, D. (2022). The Effect of FDI and Corruption to Human Development in OIC Countries. Tazkia Islamic Finance and Business Review, 15(1). https://doi.org/10.30993/tifbr.v15i1.265

Issue

Vol. 15 No. 1 (2021)

Section

Articles

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Tazkia Islamic Finance and Business Review (TIFBR) is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

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