On the Path to Sustainable Economic Growth in Niger

Abstract

This study investigates the impact of corruption perception and political stability on sustainable economic growth in Niger. Utilizing country-level data spanning 2000-2022, robust statistical techniques, including Robust Least Squares (RLS) and Fully Modified OLS (FMOLS), are employed. Contrary to conventional expectations, the findings indicate that higher corruption perception positively influences sustainable economic growth. Political stability consistently demonstrated a negative relationship with sustainable economic growth, contesting the orthodox wisdom that greater political stability fosters increased economic development. Furthermore, the results show that trade openness and inflation negatively drive sustainable growth with stronger evidence from FMOLS analysis. The study discusses some recommendations based on the findings.