This article examines the role of bilateral FDI and income convergence in affecting HDI increase in countries with middle HDI in ASEAN. The ASEAN Economic Community has been developing and it is expected that the gaps between nations can be covered. This article explores how economic...

In this paper we have examined the issue of convergence of per capita GDP across 9 ASEAN countries during 1960-2001 using World Bank data. Empirical results failed to find evidence of beta convergence, beta convergence and conditional beta (betac) convergence in ASEAN countries. The reasons for...