Corruption and Economic Growth Nexus: Empirical Insight from Sierra Leone

Ahmed Aruna and Moses Sesay
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Ahmed Aruna: University of International Business and Economics (UIBE), Beijing, China.
Moses Sesay: University of International Business and Economics (UIBE), Beijing, China.

Journal of Scientific Reports, 2025, vol. 9, issue 1, 107-122

Abstract: This study explores the impact of corruption on economic growth in Sierra Leone, a country grappling with post-conflict recovery and institutional challenges. Using time series secondary data from the World Development Indicators (1996–2024), the research applies econometric techniques, including the ARDL and SUR models, to analyze both short-term and long-term relationships between corruption indices and key economic indicators such as GDP. Stationarity tests ensure data reliability, and the models reveal that higher corruption levels significantly hinder economic growth by discouraging investment, distorting resource allocation, and undermining governance. The findings underscore the urgent need for strengthening institutional frameworks, implementing anti-corruption reforms, and enhancing governance to foster sustainable economic development. This study contributes empirical evidence to inform policymakers aiming to combat corruption and promote economic stability in Sierra Leone.

Keywords: Corruption; Economic Growth; Sierra Leone; Rule of Law; Political Stability (search for similar items in EconPapers)
Date: 2025
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