Exploring the Nexus between Foreign Aid, Corruption and Economic Growth in ASEAN Countries

Andi Sessu, Sessu (2020) Exploring the Nexus between Foreign Aid, Corruption and Economic Growth in ASEAN Countries. International Journal of Innovation, Creativity and Change, 11 (2).

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Abstract

The prime objective of the research is to explore the nexus between
foreign aid, corruption and economic growth in ASEAN countries.
The present research begins by providing background information
about corruption as well as its current situation in ASEAN.
Afterwards, the previous models used in previous research will be
explored, followed by the discussion of data and estimation
techniques. Moreover, the next section involves a discussion about the
theoretical foundation of corruption models, and present estimation
equations, data sources and mathematical derivations. In addition, the
current study may also facilitate in spreading awareness regarding
corruption and possible policy options for the policy makers to combat
corruption in ASEAN. The study has employed a robust statistical
analysis on the data covering period from 1985 to 2018. The fixed
effect and Granger causality test are used to examine the relationship
between foreign aid, corruption and economic growth. Finally, this
paper aims to present a summary of the obtained empirical findings,
policy implications, concluding remarks and future research direction.
The study aims to particularly emphasise corruption’s indirect and
direct effects on government expenditure, capital accumulation,
economic growth and foreign aid.

Item Type:	Article
Depositing User:	ST Bahar Sobari
Date Deposited:	29 May 2020 03:22
Last Modified:	29 May 2020 03:22
URI:	http://repository.uhamka.ac.id/id/eprint/977

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