Electronic Theses and Dissertation

ABSTRAK
Judul
: Analisis Daya Saing Foreign Direct Investment (FDI):
Studi Kasus Negara- Negara BRICS di Era Globalisasi
Penulis : Mafirah
NIM
: 2201101010023
Fakultas/Jurusan : Ekonomi dan Bisnis/Ekonomi Pembangunan
Pembimbing
: Prof. Dr. Sofyan Syahnur, S.E., M.Si
Sri Sukma Wahyuni, S.E., M.Si
Konsentrasi
: Ekonomi Internasional

Penelitian ini bertujuan untuk menganalisis pengaruh pertumbuhan
ekonomi, inflasi, dan keterbukaan perdagangan terhadap Foreign Direct Investment
(FDI) di negara-negara BRICS pada era globalisasi serta menganalisis daya saing
FDI. Data yang digunakan merupakan data panel tahunan periode 2000–2024 yang
diperoleh dari World Bank melalui World Development Indicators (WDI). Metode
analisis yang digunakan adalah Panel Autoregressive Distributed Lag (Panel
ARDL) dengan pendekatan Pooled Mean Group (PMG). Penelitian menunjukkan
bahwa dalam jangka panjang pertumbuhan ekonomi dan keterbukaan perdagangan
berpengaruh positif dan signifikan terhadap FDI, sedangkan inflasi berpengaruh
negatif dan signifikan terhadap FDI di negara-negara BRICS. Dalam jangka
pendek, pengaruh ketiga variabel tersebut terhadap FDI menunjukkan hasil yang
bervariasi pada masing-masing negara. Selain itu, hasil analisis menunjukkan
bahwa daya saing FDI Indonesia relatif stabil, namun masih berada di bawah
beberapa negara BRICS sehingga diperlukan perbaikan infrastruktur, regulasi, dan
iklim investasi untuk meningkatkan daya tarik investasi asing. Berdasarkan hasil
penelitian, pemerintah perlu menjaga stabilitas makroekonomi, meningkatkan
keterbukaan perdagangan, serta memperbaiki kualitas iklim investasi guna
meningkatkan arus Foreign Direct Investment (FDI).

Kata Kunci: Foreign Direct Investment (FDI), pertumbuhan ekonomi, inflasi,
keterbukaan perdagangan

ABSTRACT Title : Analysis of Foreign Direct Investment (FDI) Competitiveness: A Case Study of BRICS Countries in the Era of Globalization Author : Mafirah Nim : 2201101010023 Faculty/Department : Economics and Business/Development Economics Supervisors : Prof. Dr. Sofyan Syahnur, S.E., M.Si Sri Sukma Wahyuni, S.E., M.Si Concentration : International Economics This study aims to analyze the impact of economic growth, inflation, and trade openness on Foreign Direct Investment (FDI) in BRICS countries during the era of globalization, as well as to analyze FDI competitiveness. The study utilizes annual panel data covering the 2000–2024 period, obtained from the World Bank’s World Development Indicators (WDI). The analysis employs the Panel Autoregressive Distributed Lag (Panel ARDL) method with a Pooled Mean Group (PMG) approach. The findings indicate that, in the long run economic growth and trade openness have a positive and significant impact on FDI, whereas inflation has a negative and significant impact on FDI in BRICS countries. In the short run, the impact of these three variables on FDI varies across the individual countries. Furthermore, the analysis reveals that Indonesia's FDI competitiveness is relatively stable but remains below that of several BRICS nations; consequently, improvements in infrastructure, regulations, and the investment climate are required to enhance its attractiveness to foreign investment. Based on these results, the government needs to maintain macroeconomic stability, increase trade openness, and improve the quality of the investment climate to boost Foreign Direct Investment (FDI) inflows. Keywords : Foreign Direct Investment (FDI), economic growth, inflation, trade openness