Unemployment Cripples Southeast Asia's Economic Growth, Threatens Prosperity
In the study, unemployment's impact on GDP and other economic indicators in developing countries of Southeast Asia was explored using data from 2006 to 2015. The researchers looked at factors like unemployment, inflation, consumption, and population to see how they influenced GDP per person, foreign investments, and savings. Their analysis involved creating a model with data from 10 Southeast Asian nations. The findings suggest that unemployment has a significant relationship with GDP per capita, foreign direct investment, and saving rates in the region.