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Human Capital and Economic Growth: The Case of Southeast Asian Countries

In: Global Changes and Sustainable Development in Asian Emerging Market Economies: Volume 2

Author

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  • Van Chien Nguyen

    (Thu Dau Mot University)

Abstract

The aims of the study are to evaluate the impact of human capital on economic growth. Results of the research conducted in typical Southeast Asian countries including Vietnam, Singapore, Thailand, Malaysia, the Philippines, and Indonesia, using quantitative analysis method, confirm that there is a positive relationship between human capital and foreign direct investment and thus a positive effect on economic growth, while there is no relationship between trade openness and urbanization rate and thus no effect on growth. Finally, the study also proposes some solutions to maintain growth in Southeast Asian countries in the coming time.

Suggested Citation

  • Van Chien Nguyen, 2024. "Human Capital and Economic Growth: The Case of Southeast Asian Countries," Springer Books, in: An Thinh Nguyen & Luc Hens (ed.), Global Changes and Sustainable Development in Asian Emerging Market Economies: Volume 2, chapter 0, pages 573-581, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-68842-3_33
    DOI: 10.1007/978-3-031-68842-3_33
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    Keywords

    Growth; Human capital; Positive;
    All these keywords.

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