Published Paper
1859-4972
Economy and Forecast Review (Tạp chí Kinh tế và Dự báo)

The role of human development in attracting foreign direct investment in Southeast Asian countries
Trần Hoàng Khánh Ly
DOI:
Keywords:
ASEAN, FDI inflows, interest rates, human development, income
Abstract
This study employs balanced panel data from four Southeast Asian countries (Vietnam, Thailand, the Philippines, and Myanmar) during 2002–2022 to examine the impact of human development on attracting foreign direct investment (FDI) inflows. The findings reveal that health (life expectancy) and income (GNI per capita) positively influence FDI, whereas education and the Human Development Index (HDI) generally show limited impact. Moreover, market size, trade openness, and infrastructure contribute to promoting FDI attraction, while exchange rates, interest rates, and political risk serve as deterrents.
Trần Hoàng Khánh Ly (2025), "The role of human development in attracting foreign direct investment in Southeast Asian countries", Economy and Forecast Review (Tạp chí Kinh tế và Dự báo), 58, (07), pp. 124-128

