Jurnal Ekonomi
Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023

HUMAN CAPITAL AS MODERATING THE EFFECT OF FOREIGN INVESTMENT AND FOREIGN DEBT ON ECONOMIC GROWTH

Azam Asykarulloh (UIN Sunan Kalijaga)
Joko Setyono (UIN Sunan Kalijaga)
Mayogi Araffi (UIN Sunan Kalijaga)
Rosihaturrosyidah Rosihaturrosyidah (UIN Sunan Kalijaga)
Ahmad Ulil Albab Al Umar (UIN Sunan Kalijaga)

Article Info

Publish Date
01 Apr 2023

Abstract

For developing countries, development requires capital including foreign investment and foreign debt. The capital that has been collected will then be optimally managed by good human resources so that it can produce economic growth. This study attempts to examine the effect of foreign investment and foreign debt on economic growth with the Human Development Index as a moderating variable. The findings of this study indicate that foreign investment has a direct positive effect on economic growth. Foreign debt has a negative effect on economic growth. Meanwhile, the Human Development Index can only moderate foreign debt variables and provide a positive influence.

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Journal Info
Jurnal Ekonomi
Website

Abbrev

Ekonomi

Publisher

SEAN INSTITUTE

Subject

Economics, Econometrics & Finance Social Sciences

Description

Journal Ekonomi is a peer-reviewed journal that publishes scientific articles that are the results of original scientific research (top priority) and new scientific review articles (not priority) from various academics and researchers that have not been published elsewhere, including: 1. Accountancy ...