Governance and Growth: A Comparative Analysis between Developed and Developing Countries using Systematic Literature Review

DOI

10.2991/978-94-6463-758-8_25How to use a DOI?

Keywords

Governance quality; economic growth; developing countries; developed countries; systematic literature review

Abstract

This study explores the impact of governance quality on economic growth in developed and developing countries. Good governance, which includes democracy, political stability, government effectiveness, regulatory quality, rule of law, and control of corruption, plays a crucial role in creating a conducive environment for economic activities. Developed countries generally have strong governance systems that support stable economic growth. In contrast, developing countries often face challenges such as corruption, political instability, and poor regulation, which reduce investor confidence and subsequently hinder economic growth. This study employs the systematic literature review (SLR) method. The analysis results indicate that although the general consensus suggests a positive relationship, the link between governance and economic growth is not always linear and can be ambiguous. Therefore, governance should be viewed as a means to achieve economic growth rather than as an end goal. Comprehensive governance reforms in developing countries can create a more stable and transparent environment, enhance economic competitiveness and social welfare, and help achieve high-income.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Hendrik Dianus Pasila
AU  - Abd. Hamid Paddu
AU  - Agussalim Agussalim
AU  - Sultan Suhab
PY  - 2025
DA  - 2025/07/30
TI  - Governance and Growth: A Comparative Analysis between Developed and Developing Countries using Systematic Literature Review
BT  - Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)
PB  - Atlantis Press
SP  - 268
EP  - 305
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-758-8_25
DO  - 10.2991/978-94-6463-758-8_25
ID  - Pasila2025
ER  -