Corruption and Globalization Nexus with Economic Growth of Selected SAARC Countries

Abstract

Globalization plays an important role in economic growth of developing economies through latest technology and foreign capital. This study is a design to empirically investigate the role of globalization on economic growth of selected SAARC countries. By utilizing data from 1995 to 2017, panel data fixed effect technique has been incorporated on the basis of Hausman test. Results revealed that there is positive and significant relationship among globalization and economic growth. Also it is proposed that to get more benefit from globalization, improvements are required in audit agencies of these countries to reduce the level of corruption.