The mystery between human capital, corruption, FDI and their impact on economic and social development

Wahyuni, Nanik, Triatmanto, Boge and Bawono, Suryaning (2026) The mystery between human capital, corruption, FDI and their impact on economic and social development. WSEAS Transactions on Information Science and Applications, 23 (1). pp. 497-505. ISSN 17900832, 22243402

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Abstract

This Research analyses the relationships among corruption, government spending, FDI, and human capital across as many ASEAN countries as possible, with particular attention to Indonesia, Thailand, Vietnam, and the Philippines. Primary data were collected from the World Bank and Transparency International. Government spending, corruption, and human capital were analysed using the Corruption Perception Index and the Human Capital Index, using health and education as proxy variables. In the study's analysis of inter-variable relationships, the partnership between health and corruption, and the relationship between health and FDI, were particularly noteworthy. In addition, the study found that government spending and the Corruption Perception Index exhibit a strong negative correlation. Furthermore, government spending significantly and positively impacts the health variable.

Item Type:	Journal Article
Keywords:	human capital; corruption perception index; government expenditure; fdi; pvar; economics; social development
Subjects:	15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1501 Accounting, Auditing and Accountability > 150105 Management Accounting
Divisions:	Faculty of Economics > Department of Accounting
Depositing User:	Nanik Wahyuni
Date Deposited:	02 Oct 2026 14:40

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