Globalization, Corruption, and Gross Domestic Product in ASEAN Low Middle-Income

Research Aims: Corruption is still debated by researchers. Corruption's effects on economic expansion can be measured by the Corruption Perception Index (CPI) and Gross Domestic Product (GDP) per capita. The study also examines the impact of Human Development Index (HDI), Foreign Direct Investment (FDI), and the Trade Openness (TO) on GDP per capita. Design/methodology/approach: The object of research is the Low Middle-Income ASEAN countries of Vietnam, Laos, Cambodia, Myanmar, and the Philippines, covering the years 2010-2022. The method used is panel data regression analysis. Research Findings: The outcome of the model selection test indicated that the fixed effects model was determined to be the most suitable for this study. The t-test explains that CPI has an insignificant negative effect on GDP per capita. In addition, TO, FDI, and HDI have a significant positive impact on GDP per capita. Theoretical Contribution/Originality: The study emphasises the important role of fighting corruption in improving the quality of bureaucracy, trade and human capital to drive economic growth and attract FDI. In addition, the lowering of entry barriers, including tax rates, is important for ASEAN Low Middle-Income countries to build investor confidence. Keywords: Economic Growth, Foreign Direct Investment, Human Development Index, Corruption, Trade Openness