Impact of Foreign Remittances, Foreign Direct Investment and Financial Development on Human Development of Selected Asian Countries

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Foreign remittances significantly improve human development in selected Asian countries, enhancing overall growth.
The analysis found foreign direct investment and financial development also contribute to human development metrics.
Using OLS regression on data from 2005 to 2020, the study highlights critical growth factors in Asian economies.
These findings emphasize the need for stable financial environments to attract investment and boost economic growth.

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Analysis shows foreign remittances and direct investment enhance human development in selected Asian countries, suggesting policy improvements.

Khalid et al. (2025) studied this question.

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Analysis shows foreign remittances and direct investment enhance human development in selected Asian countries, suggesting policy improvements.