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Globalization and Its Impact on Economic Growth: Evidence From Asean Countries

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Globalization positively influences economic growth across ASEAN countries.
Path analysis indicates strong associations between globalization indicators and GDP metrics.
The study covers 11 ASEAN countries from 2012 to 2017, utilizing judgmental sampling.
Effective allocation of resources and technological diffusion contributes to enhanced productivity.

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Path analysis reveals globalization significantly boosts economic growth in ASEAN nations, suggesting positive resource allocation effects.

Sardiyo et al. (2019) studied this question.

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Path analysis reveals globalization significantly boosts economic growth in ASEAN nations, suggesting positive resource allocation effects.