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Economic, Social and Political Openness on Unemployment in ASEAN

Authors: Stannia Cahaya Suci; Agus David Ramdansyah;

Economic, Social and Political Openness on Unemployment in ASEAN

Abstract

The level of globalization of several ASEAN countries has increased for decades. This increasing level of globalization shows that these countries are increasingly open in terms of economic, social and political aspects. It is widely debated the impact of this openness on developing countries. This paper aims to see the impact of economic, social and political openness on unemployment in several ASEAN countries. This study uses panel data from six countries in ASEAN from 2010-2015 with the KOF index. The study found that the increase of economic and social globalization has an impact on reducing unemployment in ASEAN, while the increase of political globalization could increase unemployment in ASEAN.

Keywords

Unemployment, Panel Data, Economic Globalization, Social Globalization, Political Globalization

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This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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