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The impact of political stability and foreign direct investment on international trade in Türkiye and the BRICS+ countries

Year: 2025

Type: article

Abstract: This study employs panel data analysis to investigate the impact of political stability and foreign direct investment (FDI) on international trade in Türkiye and the BRICS+ countries, comprising Brazil, Russia, India, China, the Republic of South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates. Analyses of data from the World Bank database from 2002 to 2022 reveal that political stability and FDI significantly impact trade volume, trade balance, and overall economic performance in Türkiye and the BRICS+ countries. Specifically, the study found that FDI has a positive impact on international trade in countries with high political stability. The study emphasises the importance of ensuring political stability and encouraging foreign investment in the economic development strategies of BRICS+ countries and Türkiye.

Source: Business And Management Studies An International Journal

DOI: 10.15295/bmij.v13i3.2596

Authors: Emrullah Bardakçı, Betül Gür

Institution: Istanbul Commerce University

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth, Peace, justice, and strong institutions, Partnerships for the goals

Open Access status: diamond

OpenAlex ID: W4414537785

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