PENGARUH OBLIGASI DAN UTANG LUAR NEGERI TERHADAP PERTUMBUHAN EKONOMI DI ASEAN 5

Abstract

Abstract

This study aims to analyze government bonds and external debt on economic growth in ASEAN 5.
There are two types of bonds, namely government bonds and corporate bonds. In this study using
government bond data as the independent variable to be examined. The method used is
quantitative, the source of data used in this study is secondary data in the form of data on bonds,
foreign debt and economic growth. The model used in this study is multiple linear regression with
a panel model. The results of this study indicate that the variables of bonds and foreign debt have
a positive and significant effect on economic growth. With this, it is hoped that the government
can increase bonds so that it can encourage economic growth and reduce foreign debt so that it
does not exceed the debt-to-GDP ratio.

Keywords: Bonds, External Debt, Economic Growth