Research Article
The Impact of FDI, GDP and Inflation on Exports in Foive ASEAN Countries
@INPROCEEDINGS{10.4108/eai.1-8-2024.2355128, author={Fitriana Lestari and Firsty Ramadhona Amalia Lubis and Dwi Apriliana}, title={The Impact of FDI, GDP and Inflation on Exports in Foive ASEAN Countries}, proceedings={Proceedings of the 1st International Conference on Business Economics, Entrepreneurship, and Social Sciences, ICBEESS 2024, 1st August 2024, Gresik, East Java, Indonesia}, publisher={EAI}, proceedings_a={ICBEESS}, year={2026}, month={2}, keywords={foreight direct investment gross domestic product inflation interest rate export}, doi={10.4108/eai.1-8-2024.2355128} }- Fitriana Lestari
Firsty Ramadhona Amalia Lubis
Dwi Apriliana
Year: 2026
The Impact of FDI, GDP and Inflation on Exports in Foive ASEAN Countries
ICBEESS
EAI
DOI: 10.4108/eai.1-8-2024.2355128
Abstract
ASEAN is a collection comprising Brunei Darussalam, Indonesia, Cambodia, Laos, Malaysia, Myanmar, Singapore, Philippines, Thailand, and Vietnam, among ten nations in Southeast Asia. SUR Panel Method combined time series and Cross Section from 2011-2021. The goal is to increase economic growth, advance culture, uphold stability, and provide peaceful solutions. Exports are important in the ASEAN economy, with foreign investment increasing the competitiveness of industries and businesses. FDI helps overcome economic crises and boost growth. However, ASEAN countries are still stuck in the "middle-income trap" due to high infrastructure and logistics costs. Reforms are needed to increase exports. The COVID-19 pandemic disrupted global supply chains and its impact on ASEAN exports. Connectivity and logistics efficiency need to be improved. Singapore has the highest exports in ASEAN, followed by Vietnam, Thailand, Malaysia and Indonesia. It is important for ASEAN to compete in the global market. Countries can also boost exports with regional cooperation and economic integration.
