Corruption, Political Instability and Sustainable Development: The Interlinkages

Abstract

The study empirically probed the interdependence among corruption, political instability and sustainable development for a panel of 28 developing economies and disaggregated sample of lower-middle and upper-middle income economies for the time period 2000-2014. The three stage least square (3SLS) estimation revealed that corruption negatively affects sustainable development and political instability. The political instability impedes sustainable development and corruption. The sustainable development reduces political instability and corruption. It explains that corruption enhances political stability and political stability increases corruption. The disaggregated estimates of developing economies are almost same as aggregate estimates of developing economies, however political instability has statistically insignificant effect on sustainable development in upper-middle-income economies. To go forward for sustainable development, the elimination of corruption is imperative.

Human Capital, Political Instability, Foreign Direct Investment, Infrastructure and Economic Growth: Heterogeneous Causal Linkages

“…Political instability harms economic growth, and some economists found that an unstable political situation harms economic activities in the nations, distracting local and foreign investors from investing in unstable economical environment. Moreover, a politically unstable environment increases inflation and unemployment, resulting in a decrease in economic growth (Khan & Farooq, 2019;Uddin, Ali, & Masih, 2017). Darby et al (2004) argued that unstable political situations minimize the likelihood of re-election, decreasing public investment and subsequently there occurs lower economic growth.…”

Migration and emotions in the media: can socioeconomic indicators predict emotions in images associated with immigrants?

“…Links between political stability and migration have also been highlighted, suggesting that politically stable regions tend to attract more migration, particularly from nations experiencing less stability [83,84]. Likewise, correlations have been identified between political stability and reduced corruption, implying that greater stability might coincide with lower levels of corruption [85,86]. Given that migrant population sizes and corruption are associated with factors shaping attitudes towards immigration, it's reasonable to anticipate a connection between political stability and attitudes towards immigrants.…”

Anti-Corruption Education Policy Outputs for Combatting Corruption in Indonesia: Applying the Theory of Planned Behaviour

“…Corruption in developing countries is often carried out by diverting and exchanging government programme aid funds, which results in increasingly wasteful government spending. Unstable governance in developing countries causes vulnerability to property rights in their assets-are still unproductive and unable to pay for protection, which drives corruption (Khan, 2006;Khan & Farooq, 2019). This phenomenon has significantly influenced the decisions of many donor countries to provide assistance focusing on strengthening good governance difficulties.…”