Globalisation, urbanisation and human development: Evidence from lower-middle income economies
Increasingly global and urban economies play an important role in generating wealth, attracting investment, and enhancing productivity gains and competitiveness. However, the linkage between globalisation, urbanisation and human quality of life in less developed countries have rarely been investigat...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English English |
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Human Resource Management Academic Research Society
2021
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| Online Access: | https://eprints.ums.edu.my/id/eprint/31492/1/Globalisation%2C%20urbanisation%20and%20human%20development.pdf https://eprints.ums.edu.my/id/eprint/31492/2/Globalisation%2C%20urbanisation%20and%20human%20development1.pdf |
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| author | Debbra Toria Nipo Jaratin Lily Sidah Idris Saizal Pinjaman Imbarine Bujang |
| author_facet | Debbra Toria Nipo Jaratin Lily Sidah Idris Saizal Pinjaman Imbarine Bujang |
| author_sort | Debbra Toria Nipo |
| collection | UMS |
| description | Increasingly global and urban economies play an important role in generating wealth, attracting investment, and enhancing productivity gains and competitiveness. However, the linkage between globalisation, urbanisation and human quality of life in less developed countries have rarely been investigated. To address this gap, the study examines the impact of globalisation and urbanisation on human development in 33 lower middle-income economies over the period of 2000 to 2019. In this study, globalisation and urbanisation are proxied by foreign direct investment (FDI), trade, mobile cellular subscriptions, Internet users and urban population, whereas human development is measured by Human Development Index (HDI). Using the robust fixed effect panel data models, findings from the study revealed that increase in FDI, mobile cellular subscriptions, Internet users and urban population would enhance human development in the lower middle-income economies. Meanwhile, the insignificance of trade in influencing HDI implies that the ability of lower-middle income economies to benefit from trade could be limited due to various supply-side constraints and lack of complementary and supporting trade policies. It is recommended that future research looks into the impact of the labour dimension of globalisation (inflow and outflow of workers) on human development in economies of various development levels. |
| first_indexed | 2024-03-06T03:13:04Z |
| format | Article |
| id | ums.eprints-31492 |
| institution | Universiti Malaysia Sabah |
| language | English English |
| last_indexed | 2024-03-06T03:13:04Z |
| publishDate | 2021 |
| publisher | Human Resource Management Academic Research Society |
| record_format | dspace |
| spelling | ums.eprints-314922021-12-13T08:10:16Z https://eprints.ums.edu.my/id/eprint/31492/ Globalisation, urbanisation and human development: Evidence from lower-middle income economies Debbra Toria Nipo Jaratin Lily Sidah Idris Saizal Pinjaman Imbarine Bujang HB1-3840 Economic theory. Demography Increasingly global and urban economies play an important role in generating wealth, attracting investment, and enhancing productivity gains and competitiveness. However, the linkage between globalisation, urbanisation and human quality of life in less developed countries have rarely been investigated. To address this gap, the study examines the impact of globalisation and urbanisation on human development in 33 lower middle-income economies over the period of 2000 to 2019. In this study, globalisation and urbanisation are proxied by foreign direct investment (FDI), trade, mobile cellular subscriptions, Internet users and urban population, whereas human development is measured by Human Development Index (HDI). Using the robust fixed effect panel data models, findings from the study revealed that increase in FDI, mobile cellular subscriptions, Internet users and urban population would enhance human development in the lower middle-income economies. Meanwhile, the insignificance of trade in influencing HDI implies that the ability of lower-middle income economies to benefit from trade could be limited due to various supply-side constraints and lack of complementary and supporting trade policies. It is recommended that future research looks into the impact of the labour dimension of globalisation (inflow and outflow of workers) on human development in economies of various development levels. Human Resource Management Academic Research Society 2021 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/31492/1/Globalisation%2C%20urbanisation%20and%20human%20development.pdf text en https://eprints.ums.edu.my/id/eprint/31492/2/Globalisation%2C%20urbanisation%20and%20human%20development1.pdf Debbra Toria Nipo and Jaratin Lily and Sidah Idris and Saizal Pinjaman and Imbarine Bujang (2021) Globalisation, urbanisation and human development: Evidence from lower-middle income economies. International Journal of Academic Research economics and management sciences, 10. pp. 154-167. ISSN 2226-3624 https://hrmars.com/papers_submitted/10366/globalisation-urbanisation-and-human-development-evidence-from-lower-middle-income-economies.pdf http://dx.doi.org/10.6007/IJAREMS/v10-i3/10366 http://dx.doi.org/10.6007/IJAREMS/v10-i3/10366 |
| spellingShingle | HB1-3840 Economic theory. Demography Debbra Toria Nipo Jaratin Lily Sidah Idris Saizal Pinjaman Imbarine Bujang Globalisation, urbanisation and human development: Evidence from lower-middle income economies |
| title | Globalisation, urbanisation and human development: Evidence from lower-middle income economies |
| title_full | Globalisation, urbanisation and human development: Evidence from lower-middle income economies |
| title_fullStr | Globalisation, urbanisation and human development: Evidence from lower-middle income economies |
| title_full_unstemmed | Globalisation, urbanisation and human development: Evidence from lower-middle income economies |
| title_short | Globalisation, urbanisation and human development: Evidence from lower-middle income economies |
| title_sort | globalisation urbanisation and human development evidence from lower middle income economies |
| topic | HB1-3840 Economic theory. Demography |
| url | https://eprints.ums.edu.my/id/eprint/31492/1/Globalisation%2C%20urbanisation%20and%20human%20development.pdf https://eprints.ums.edu.my/id/eprint/31492/2/Globalisation%2C%20urbanisation%20and%20human%20development1.pdf |
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