scholarly journals Corruption, Political Stability and Economic Growth

2016 ◽  
Vol 55 (4I-II) ◽  
pp. 689-702 ◽  
Author(s):  
Ghulam Shabbir ◽  
Mumtaz Anwar ◽  
Shahid Adil

This paper gives insight of the role of political stability in investigating the two competing hypotheses in Developing Eight Muslim countries, and also investigates whether conditional liaison between corruption and political stability matters or not. The empirical findings indicate that investment, population and political stability play positive role in promoting economic growth. Corruption not only impact growth but also influenced by the institutional quality that a nation experiences. Corruption acts as sands in the wheels in the nations having higher degree of political stability, and greases the wheels in less politically stable countries such as Nigeria and Pakistan. Thus, political stability is conducive to growth, as it reduces the social unrests, political turmoil, and encourages investment, and there by economic growth. JEL Classification: C30, D73, O43, P48 Keywords: Corruption, Economic Growth, Political Stability, Conditional Cooperation

Author(s):  
Yusuf Shamsuddeen Nadabo ◽  
Suleiman Maigari Salisu

This paper explores the relationship between entrepreneurship and economic growth in Nigeria: the moderating role of institutional quality. To accomplish this, the study employs an Autoregressive distributed lag (ARDL) from (2002Q1–2019Q4) and uses a moderator model to examine the impact of entrepreneurship on economic growth via institutional quality. The resilts show that institutional quality in Nigeria has a positive impact on economic growth. The results also indicate that the interactive effect of institutional quality and entrepreneurship has positive effect on economic growth in Nigeria both in the short-run and long-run. The study illustrate that the productive entrepreneurship is a potent vehicle for promoting long term economic growth in Nigeria. In general, unless institutional quality is introduced to improve the influence of entrepreneurship on economic growth, entrepreneurial activity alone may not lead to desired growth. Furthermore, the study presents a perspective of the role of government in establishing an enabling environment that promotes entrepreneurial activity and, as a result, enhances economic growth in Nigeria. Based on this finding, the study recommends for the implimantation of measures and policies aims at encourageing productive entrepreneurial activities that contribute to economic growth. In addition Government and policymakers should improved the quality of institutions such as improving Government Effectiveness, Political Stability and Absence of Violence, Voice and Accountability, Regulatory Quality, Rule of Law and Control of Corruption. KEYWORDS: Economic growth, Entrepreneurship, Moderating, Institutional quality.


2014 ◽  
pp. 30-52 ◽  
Author(s):  
L. Grigoryev ◽  
E. Buryak ◽  
A. Golyashev

The Ukrainian socio-economic crisis has been developing for years and resulted in the open socio-political turmoil and armed conflict. The Ukrainian population didn’t meet objectives of the post-Soviet transformation, and people were disillusioned for years, losing trust in the state and the Future. The role of workers’ remittances in the Ukrainian economy is underestimated, since the personal consumption and stability depend strongly on them. Social inequality, oligarchic control of key national assets contributed to instability as well as regional disparity, aggravated by identity differences. Economic growth is slow due to a long-term underinvestment, and prospects of improvement are dependent on some difficult institutional reforms, macro stability, open external markets and the elites’ consensus. Recovering after socio-economic and political crisis will need not merely time, but also governance quality improvement, institutions reform, the investment climate revival - that can be attributed as the second transformation in Ukraine.


2021 ◽  
pp. 097508782098717
Author(s):  
Hammed Agboola Yusuf ◽  
Luqman Olanrewaju Afolabi ◽  
Waliu Olawale Shittu ◽  
Kafilah Lola Gold ◽  
Murtala Muhammad

This article examines the impact of institutional quality on bilateral trade flow between Malaysia and selected 25 African Organisation of Islamic Cooperation (OIC) member countries. Four institutional qualities were selected from World Governance Indicators with other trade predictors from the period from 1985 to 2016. Using gravity model of trade and Poisson pseudo-maximum likelihood estimation method (PPML) technique, the results confirm that government effectiveness, regulatory quality and political stability have an adverse effect on bilateral trade flow among the OIC countries in Africa. On the other hand, these institutional quality variables were considered as a strength for Malaysian economic growth. Therefore, better institutional quality reforms are needed among OIC member countries in Africa in order to accelerate trade, economic growth and development in their region.


1992 ◽  
Vol 9 (4) ◽  
pp. 372-384 ◽  
Author(s):  
Minseok An ◽  
George H. Sage

In the past decade, to help maintain political stability and promote economic growth, South Korea has committed substantial resources to commercialized sports, including golf. A major source of support for building golf courses has come from government leaders and economic and social incentives as well. In the past 4 years the government has given permission to build 135 new golf courses. The official government discourse about the new golf courses is that they are being built in the interest of “sport for all.” But the golf courses overwhelmingly require membership, which is extremely expensive. Despite the enormous power and resources of the dominant groups in Korea, there are elements of opposition. The golf boom has been severely criticized because it removes large amounts of land from agricultural and industrial productivity, contaminates farm land, and pollutes water. It also represents the worst aspects of the social imbalance of wealth.


2019 ◽  
Vol 3 (1) ◽  
pp. 11-13
Author(s):  
Ribaz Chato Biro

Political stability and security have become important factors of sustainable economic progress for the developing countries, especially states with the experience of war and instability. Kurdistan Region of Iraq (KRI) as a semi-autonomous region tried to improve the level of political stability and security status, to gain more foreign direct investment (FDI) and economic growth. Consequently, KRI has become the safest region in Iraq and enjoyed political stability and safety. Therefore, during the last decade, KRI has occurred as a new destination of FDI in the Middle East and has received notable progress in most of the economic sectors. The aim of this study is to evaluate the role of political stability and security status on the FDI attractions and their consequences on economic development. However, it will investigate the factors that make the KRI safer than the rest of Iraq.


2018 ◽  
pp. 55-89
Author(s):  
Şevket Pamuk

This chapter looks at the role of institutions in economic development and the evolution of Ottoman institutions before the nineteenth century. It argues that while institutions are not the only things that matter, it is essential to examine their role in order to understand Turkey's experience with economic growth and human development during the last two centuries. The economics and economic history literature has been making a related and important distinction between the proximate and deeper sources of economic growth. The proximate causes refer to the contributions made by the increases in inputs, land, labor, and capital and the productivity increases. The deeper causes refer to the social, political, and economic environment as well as the historical causes that influence the rate at which inputs and productivity grow.


Jurnal Ecopsy ◽  
2016 ◽  
Vol 3 (1) ◽  
Author(s):  
Yuliana Sari ◽  
Neka Erlyani ◽  
Sukma Noor Akbar

ABSTRAK Pertumbuhan komunitas motor di Indonesia merupakan sebuah realita yang dihasilkan dari perkembangan sosial masyarakat yang semakin heterogen. Sebuah komunitas motor dibentuk oleh sekelompok orang yang memiliki hubungan khusus antara mereka, komunitas cenderung diidentifikasikan sebagai dasar atas kepemilikan atau identifikai bersama diantara kelompok minat yang sama. Melalui komunitas ini, mereka saling berbagi nilai kognitif, emosi dan material juga mengembangkan interaksi antar anggota kelompok. Komunikasi interpersonal merupakan proses timbal balik yang memiliki peranan penting dalam pergaulan manusia. Anggota kelompok yang sangat kohesif saling mengkomunikasikan ide masing-masing untuk menciptakan kerjasama agar tercapai suatu tujuan yang diinginkan bersama-sama. Kohesivitas penting bagi kelompok karena ia yang menyatukan beragam anggota menjadi satu kelompok. Penelitian ini bertujuan untuk mengetahui peranan komunikasi interpersonal terhadap kohesivitas kelompok pada komunitas motor. Hipotesis dalam penelitian ini yaitu Ada peranan Komunikasi Interpersonal Terhadap Kohesivitas Kelompok pada Komunitas Motor di Banjarbaru. Subjek dalam penelitian ini berjumlah 42 orang anggota komunitas motor. Pemilihan subjek yaitu dengan menggunakan teknik  sampling insidental. Penelitian ini menggunakan metode kuantitatif. Hasil analisa data menggunakan regresi linier sederhana yang menunjukkan bahwa ada peranan positif yang signifikan dari komunikasi interpersonal terhadap kohesivitas kelompok. Sebesar 77,8%, artinya peran komunikasi interpersonal terhadap kohesivitas kelompok cukup besar,  sisanya sebesar 22,2% dijelaskan oleh variabel lain yang tidak dimasukkan dalam penelitian ini. Berdasarkan hasil penelitian tersebut, maka dapat disimpulkan bahwa ada peranan komunikasi interpersonal terhadap kohesivitas kelompok pada komunitas motor. Oleh karena itu, disarankan untuk semua anggota komunitas motor mempertahankan kedekatan yang sudah terjalin serta lebih meningkatkan kekompakkan antar anggota kelompok. Kata Kunci: Komunikasi Interpersonal, Kohesivitas Kelompok, Komunitas Motor  ABSTRACT Growth of motorcycle communities in Indonesia is a reality that results from the social development of a society which is increasingly heterogeneous. A motorcycle community is established by a group of people who have a special relationship among them. This community tends to be identified as a basis for ownership or based on shared similar interests among members in the group. Through this community, they share the cognitive, emotional and material values, and also develop interaction between group members. Interpersonal communication is a reciprocal process that has an important role in human relationship. The very cohesive members in the group will mutually communicate their ideas to create cooperation in order to achieve a desired goal together. Cohesiveness is important for the group because it unites the diverse members into one group. The objective of this study was to find out the role of interpersonal communication towards group cohesiveness in motorcycle community. The hypothesis of this study was that there was a role of Interpersonal Communication towards Group Cohesiveness in Motorcycle Community in Banjarbaru. The subjects in the study were 42 members of a motorcycle community. They were selected using the purposive sampling technique. The method used in the study was a quantitative method. The results of data analysis using the simple linear regression showed that there was a significant positive role of interpersonal communication towards the group cohesiveness, as much as 77.8%, indicating that the role of interpersonal communication towards group cohesiveness was fairly high, and the remaining 22.2% was explained by other variables not included in this study. Based on these results, it can be concluded that there was a role of interpersonal communication towards group cohesiveness in motorcycle community. Therefore, it is suggested for all members of motorcycle communities to maintain the attachment already established and to further improve the togetherness among group members. Keywords: Interpersonal Communication, Group Cohesiveness, Motorcycle Community 


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