Do corruption and inequality shape sustainable development? Evidence from the post-soviet countries

Abstract

Purpose

This paper aims to investigate the role of corruption and income inequality in three-dimensional sustainable development in the post-Soviet countries.

Design/methodology/approach

The methodology is based on dynamic panel regression with the fixed effects approach.

Findings

The authors' findings depict that increasing corruption and income inequality undermine sustainable development. Specifically, increasing corruption and income inequality negatively affect sustainable development. Moreover, unemployment and trade liberalization negatively impact sustainable development, whereas foreign direct investments (FDIs) positively affect sustainable development.

Practical implications

Policy implications enclose galvanizing strong institutions and redistributive policy mechanisms that the bottom income groups enjoy in promoting sustainable development to keep away the distressful phase of corruption and income inequality.

Originality/value

This is the first paper on corruption, income inequality and sustainable development in the post-Soviet countries employing a sustainable development index (SDI), which is calculated by considering three factors including economic, social and environmental development.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-01-2023-0065

Citation

Badur, M.M., Yılmaz, E. and Sensoy, F. (2024), "Do corruption and inequality shape sustainable development? Evidence from the post-soviet countries", International Journal of Social Economics, Vol. 51 No. 1, pp. 115-132. https://doi.org/10.1108/IJSE-01-2023-0065