Openness, Digital and Human Development: Case Study of ASEAN Countries

Muslim Kamil, Marshal Imar Pratama

2018

Abstract

The ASEAN Economic Community (AEC) is an initiative of ASEAN countries to realize ASEAN into a solid and calculated economic area in the international economic arena. Human Development Index (HDI) is a method used to measure the success or failure of a country or region in the field of human development. As the economy of countries becomes more openness and digital readiness is better, it is expected to influence the human development index. This study uses a quantitative method with panel data secondary to the 2011-2015 period by combining 10 ASEAN countries (Indonesia, Malaysia, Singapore, Thailand, Philippines, Vietnam, Myanmar, Brunei, Laos, Cambodia). From the calculation of T-Test, Effect of Openness on Human Development Index that it can be concluded that the openness variable partially influences the significance of the Human Development Index variable and Digital Influence on Human Development Index, it can be concluded that the Digital variable partially influences the positive significance of the Human Development Index variable. From the calculation of F value, So that simultaneously or together the independent variables have a significant effect on the dependent variable. Coefficient Determination Based on the table above, the Adjusted R-Square value is 0.9977. This shows that the model is able to explain 0.23% of the dependent variable, while the remaining 0.23% is influenced by other factors outside the regression model. The human development index in ASEAN countries is already good, Singapore is the country that has the highest Human Development Index while Myanmar, Laos, and Cambodia are the countries that have the lowest Human Development Index. To overcome the increasing human development index in Myanmar, Laos, and Cambodia, an open economy needs to be improved by conducting international trade. Digital technology is needed to further accelerate the economy of openness. Government policies of the three countries are to be more open in their economy. It is hoped that the policies of these three countries can contribute to creating a prosperous society in ASEAN countries and having a parallel human development index.

Paper Citation

in Harvard Style

Kamil M. and Pratama M. (2018). Openness, Digital and Human Development: Case Study of ASEAN Countries.In Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB, ISBN 978-989-758-428-2, pages 187-192. DOI: 10.5220/0008785701870192

in Bibtex Style

@conference{irceb18,
author={Muslim Kamil and Marshal Imar Pratama},
title={Openness, Digital and Human Development: Case Study of ASEAN Countries},
booktitle={Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB,},
year={2018},
pages={187-192},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008785701870192},
isbn={978-989-758-428-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB,
TI - Openness, Digital and Human Development: Case Study of ASEAN Countries
SN - 978-989-758-428-2
AU - Kamil M.
AU - Pratama M.
PY - 2018
SP - 187
EP - 192
DO - 10.5220/0008785701870192