ARE FOREIGN DIRECT INVESTMENT IN INDONESIA INFLUENCED BY POLITICAL RISK? A PANEL REGRESSION APPROACH
Journal: Unika Repositor (Unika)
Year: 2019

Foreign direct investment was needed to encourage a country's economic growth. Foreign direct investment did not only function as an engine of development, but also became a picture of economic openness. Theoretical developments showed that foreign direct investment was not only influenced by macroeconomic variables, but also institutional and political. By using six political risk indicators from the World Bank, this study aimed to look at the influence of political risk and macroeconomic varia