Impact of Economic Transparency on Economic Growth in the Middle East countries
Economic transparency will lead to economic stability and corruption decline. Thus the shortage of transparency mechanisms, laws and procedures will raise corruption and make it tough to cutout corruption. Also, loss of transparency in financial and economic system creates to instability, inappropri...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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University of Sistan and Baluchestan
2017-03-01
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| Series: | International Journal of Business and Development Studies |
| Subjects: | |
| Online Access: | https://ijbds.usb.ac.ir/article_3707_6328ebc743a780a9c3bf0074abc94541.pdf |
| _version_ | 1797803358468177920 |
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| author | Hossein Amiri Mohammad Hossein Karim Ali Toussi Reza Javanmard |
| author_facet | Hossein Amiri Mohammad Hossein Karim Ali Toussi Reza Javanmard |
| author_sort | Hossein Amiri |
| collection | DOAJ |
| description | Economic transparency will lead to economic stability and corruption decline. Thus the shortage of transparency mechanisms, laws and procedures will raise corruption and make it tough to cutout corruption. Also, loss of transparency in financial and economic system creates to instability, inappropriate allocation of resources, the boom of injustice and inequality and as a result paves the way for all sorts of financial and economic corruption and misuse. The greater transparency economic growth, the lower the cost of entry into economics and accordingly with rising economic competitiveness, the condition for development and economic growth will be advanced. So, considering the vital role of transparency in economics, this study first explores transparency and corruption then with the panel data, looks at the relation between economic transparency and economic growth in Middle East countries over the last 13 years (2003-2015). In other words, this paper aims to show how the transparency variable influences economic growth. The specific purpose is to find out whether there is a positive or negative connection between transparency and economic advancement in the countries under investigation. The results of the research show that the relation between transparency and economic growth in the Middle East countries is direct and significant. Also the relation between gross capital formation and labor force participation is direct and significant with the economic growth of these countries. |
| first_indexed | 2024-03-13T05:19:39Z |
| format | Article |
| id | doaj.art-ddf12aabffeb4fa29dc2915f5e2a8258 |
| institution | Directory Open Access Journal |
| issn | 2538-3302 2538-3310 |
| language | English |
| last_indexed | 2024-03-13T05:19:39Z |
| publishDate | 2017-03-01 |
| publisher | University of Sistan and Baluchestan |
| record_format | Article |
| series | International Journal of Business and Development Studies |
| spelling | doaj.art-ddf12aabffeb4fa29dc2915f5e2a82582023-06-15T16:55:52ZengUniversity of Sistan and BaluchestanInternational Journal of Business and Development Studies2538-33022538-33102017-03-019211513810.22111/ijbds.2017.37073707Impact of Economic Transparency on Economic Growth in the Middle East countriesHossein AmiriMohammad Hossein KarimAli ToussiReza JavanmardEconomic transparency will lead to economic stability and corruption decline. Thus the shortage of transparency mechanisms, laws and procedures will raise corruption and make it tough to cutout corruption. Also, loss of transparency in financial and economic system creates to instability, inappropriate allocation of resources, the boom of injustice and inequality and as a result paves the way for all sorts of financial and economic corruption and misuse. The greater transparency economic growth, the lower the cost of entry into economics and accordingly with rising economic competitiveness, the condition for development and economic growth will be advanced. So, considering the vital role of transparency in economics, this study first explores transparency and corruption then with the panel data, looks at the relation between economic transparency and economic growth in Middle East countries over the last 13 years (2003-2015). In other words, this paper aims to show how the transparency variable influences economic growth. The specific purpose is to find out whether there is a positive or negative connection between transparency and economic advancement in the countries under investigation. The results of the research show that the relation between transparency and economic growth in the Middle East countries is direct and significant. Also the relation between gross capital formation and labor force participation is direct and significant with the economic growth of these countries.https://ijbds.usb.ac.ir/article_3707_6328ebc743a780a9c3bf0074abc94541.pdftransparencycapital formationlabor forceeconomic growthcorruption |
| spellingShingle | Hossein Amiri Mohammad Hossein Karim Ali Toussi Reza Javanmard Impact of Economic Transparency on Economic Growth in the Middle East countries International Journal of Business and Development Studies transparency capital formation labor force economic growth corruption |
| title | Impact of Economic Transparency on Economic Growth in the Middle East countries |
| title_full | Impact of Economic Transparency on Economic Growth in the Middle East countries |
| title_fullStr | Impact of Economic Transparency on Economic Growth in the Middle East countries |
| title_full_unstemmed | Impact of Economic Transparency on Economic Growth in the Middle East countries |
| title_short | Impact of Economic Transparency on Economic Growth in the Middle East countries |
| title_sort | impact of economic transparency on economic growth in the middle east countries |
| topic | transparency capital formation labor force economic growth corruption |
| url | https://ijbds.usb.ac.ir/article_3707_6328ebc743a780a9c3bf0074abc94541.pdf |
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