The effect of democracy and corruption paradox on economic growth: MINT countries

View Full Paper

Ask AI

Bookmark

Authors

Discussion

Randomized trial examines how democracy influences growth in Mexico, Indonesia, Nigeria, and Turkey, suggesting policy changes are essential.

Democracy enhances economic growth across MINT nations, indicating its significant role in development.
Findings show that both corruption types yield contrasting effects: positive in Mexico and Indonesia, negative in Nigeria and Turkey.
Using panel cointegration and dynamic ordinary least squares, the models assess the relationship between democracy, corruption, and growth over 47 years from 1975 to 2022 in MINT countries. Their respective influences highlight the importance of governance mechanisms for economic growth.

TÜTÜNCÜ et al. (2024) studied this question.

View Full Paper

Ask AI

Bookmark

Randomized trial examines how democracy influences growth in Mexico, Indonesia, Nigeria, and Turkey, suggesting policy changes are essential.