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PENGARUH FOREIGN DIRECT INVESTMENT, PENGELUARAN PEMERINTAH, DAN TRADE OPENNESS TERHADAP PERTUMBUHAN EKONOMI DI NEGARA NEGARA BRICS

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This study aims to analyze the effect of foreign direct investment, government spending, and trade openness on economic growth in BRICS countries, which consist of Brazil, Russia, India, China, and South Africa. This study uses secondary data analyzed by panel data regression method. The results of the study with the Random Effect Model (REM) approach analysis model show that foreign direct investment and trade openness have a positive and significant effect on economic growth in contrast to the government expenditure variable which has a negative and significant effect on economic growth. This finding indicates that foreign direct investment and trade openness encourage economic growth in BRICS countries, while government spending has a negative impact, possibly due to inefficient allocation. More appropriate fiscal policies and support for the investment climate are needed.

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Detail Information

Series Title

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Call Number

T1795332025

Publisher

Indralaya : Prodi Ekonomi Pembangunan, Fakultas Ekonomi Universitas Sriwijaya., 2025

Collation

xvi, 175 hlm.; ilus.; tab.; 29 cm.

Language

Indonesia

ISBN/ISSN

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Classification

339.507

Content Type

Text

Media Type

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Carrier Type

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Edition

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Subject(s)

Ekonomi pembangunan

Specific Detail Info

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Statement of Responsibility

MI

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