Impact of corruption, unemployment and inflation on economic growth evidence from developing countries

Uddin, Ijaz; Rahman, Khalil Ur

doi:10.1007/s11135-022-01481-y

Cited by 33 publications

(16 citation statements)

References 40 publications

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“…Long-term, sustained inflationary pressures may hinder investment and threaten economic stability (Azam & Khan, 2022). These findings emphasize the crucial significance of actively managing inflationary trends to maintain China's economic well-being (Uddin & Rahman, 2023). They suggest that implementing effective monetary policies to control inflation can greatly contribute to creating a more stable and favorable environment for long-term economic growth and prosperity.…”

Section: Discussionmentioning

confidence: 89%

Macroeconomic Factors and Economic Development: An Insight into China Economy Using ARDL Approach

Mumtaz,

Hussain,

Khan

2023

Contemporary Issues in Social Sciences and Management Practices

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It is difficult to identify the factors that drive the macroeconomic growth of developing countries because of the social, infrastructural, and governance factors involved. To verify the existence of this connection, this study examines the macroeconomic variables that have influenced China's economy from 1979 to 2020, using data acquired from the world development indicators. Through the use of the ARDL bound model test, it is shown that China's economy is positively impacted by factors such as capital formation, government spending, foreign direct investment (FDI), exchange rate, human capital development, and trade openness over both the long and the short term. On the other hand, inflation has a detrimental impact on economic growth both in the long run and in the short run. Consequently, the real GDP per capita should be increased, human capital should be strengthened, trade should be reformed, and macroeconomic circumstances should be stabilized under fiscal and monetary policy. By enhancing human capital, and foreign direct investment, reforming government expenditures, and lowering inflation, China has the potential to achieve sustainable economic development. This study offers scholars and policymakers a fresh econometric examination of the primary macroeconomic elements that are contributing to the economy.

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Section: Discussionmentioning

confidence: 89%

Macroeconomic Factors and Economic Development: An Insight into China Economy Using ARDL Approach

Mumtaz,

Hussain,

Khan

2023

Contemporary Issues in Social Sciences and Management Practices

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“…A link exists between less corruption and more transparency, stronger governance, and a business-friendly environment. Each of these things has the potential to contribute to a rise in GDP (Uddin & Rahman, 2023). Businesses exhibit more confidence in their operations when there is a reduced prevalence of corruption.…”

Section: Simultaneous Equation Systemmentioning

confidence: 99%

Capturing The Dynamics of Environmental Degradation and Economic Growth in Selected Developing Countries: Using Simultaneous Equation Approach

Rafiq,

Mazhar,

Munir

et al. 2024

Pak. J. Humanit. Soc. Sci

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The current study aims to investigate the dynamic nexus between environmental degradation and economic growth in selected developing countries. To analyze the impact of control of corruption as a measure of governance, FDI, renewable energy and urbanization on economic growth and carbon emissions, the simultaneous equation modeling is applied. A panel of 18 selected developing countries for the time period 1995-2022 is taken for empirical verification of the relationship. This study employs descriptive analysis and for diagnostic checking the normality of residual is also tested for the possibility of any model misspecification. Correlation matrix is used to check the degree of multicollinearity among the independent variables. The nature of study indicate the use of simultaneous equation model where economic growth and carbon emission, as a measure of environmental degradation are indigenous variables. The statistical package EVIEWS is used in estimation and obtaining results. In the long run estimation model of CE, URBAN and PG are positively correlated with CE, and GDP, REEC, COC are inversely related to CE in selected developing countries. In model of GDP, CE, FDI and COC are positively correlating with GDP and REEC and PG are negatively affecting the GDP.

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“…Malokani et al, (2022) discuss the psychological impact of unemployment on young people, including feelings of depression, anxiety, and low self-esteem. Furthermore, Uddin and Rahman (2023) highlight the negative effects of unemployment on physical health outcomes, such as increased risk of substance abuse and poor health behaviors among unemployed youth. In Pakistan, youth unemployment has an impact on young people's civic and political engagement.…”

Section: Literature Reviewmentioning

confidence: 99%

Youth Unemployment and Social Stability: Investigating the Linkages and Possible Solutions in the Context of Pakistan

Zahid,

Durrani,

Shah

et al. 2023

BBE

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This research explores the intricate relationship between youth unemployment and social stability in Pakistan. With a burgeoning youth population and limited employment opportunities, Pakistan faces significant challenges in maintaining social cohesion and stability. The study delves into the root causes of youth unemployment, including structural economic issues, inadequate educational systems, and mismatched skills. Furthermore, it examines the ramifications of youth unemployment on social stability, encompassing increased crime rates, political instability, and social unrest. Through qualitative and quantitative analyses, this research aims to uncover the nuanced dynamics between youth unemployment and social stability in Pakistan. Additionally, the study explores potential solutions to mitigate youth unemployment, such as policy interventions, skills development programs, and fostering entrepreneurship. By addressing these issues, the research seeks to offer insights and recommendations to policymakers, stakeholders, and practitioners to promote social stability and inclusive economic growth in Pakistan.

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Impact of corruption, unemployment and inflation on economic growth evidence from developing countries

Cited by 33 publications

References 40 publications

Macroeconomic Factors and Economic Development: An Insight into China Economy Using ARDL Approach

Macroeconomic Factors and Economic Development: An Insight into China Economy Using ARDL Approach

Capturing The Dynamics of Environmental Degradation and Economic Growth in Selected Developing Countries: Using Simultaneous Equation Approach

Youth Unemployment and Social Stability: Investigating the Linkages and Possible Solutions in the Context of Pakistan

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