The Impact of FDI on Economic Growth in ASEAN Countries in The Period 2011-2021

Abstract

The article assesses the impact of FDI on economic growth of some countries in the ASEAN area in the period 2011 - 2021 (including 11 countries). Using quantitative tools with the use of fixed (FE) and random (RE) estimation models for analysis to shows that FDI, population and inflation rate affect on FDI of ASEAN countries. From those results, the article makes some suggestions in order to attract FDI to ASEAN countries in the future.