[
Adaramola, A. O., & Dada, O. (2020). Impact of inflation on economic growth: Evidence from Nigeria. Investment Management and Financial Innovations, 17(2), 1-13. https://doi.org/10.21511/imfi.17(2).2020.01
]Search in Google Scholar
[
Adhikari, R. (2014). Whether inflation hampers economic growth in Nepal. IOSR Journal of Economics and Finance,5(6), 52–56. http://dx.doi.org/10.9790/5933-05625256
]Search in Google Scholar
[
Adhikary, B. K. (2011). FDI, trade openness, capital formation, and economic growth in Bangladesh: A linkage analysis. International Journal of Business and Management, 6(1), 16-28. https://doi.org/10.5539/ijbm.v6n1p16
]Search in Google Scholar
[
Adhikary, B. K. (2015). Dynamic effects of FDI, trade openness, capital formation, and human capital on the economic growth rate in the least developed economies: Evidence from Nepal. International Journal of Trade, Economics and Finance, 6(1), 1-7. http://dx.doi.org/10.7763/IJTEF.2015.V6.432
]Search in Google Scholar
[
Ahmed, M. U., & Pulok, M. H. (2013). The role of political stability on economic performance: The case of Bangladesh. Journal of Economic Cooperation & Development, 34(3), 61-100. https://jecd.sesric.org/pdf.php?file=ART12122901-2.pdf
]Search in Google Scholar
[
Alesina, A., Ozler, S., Roubini, N., & Swagel, P. (1996). Political instability and economic growth. Journal of Economic Growth, 1(2), 189–211. http://www.jstor.org/stable/40215915
]Search in Google Scholar
[
Ali, M., & Khan, K. (2020). Volatility in discretionary public spending and economic growth: A cross country analysis. The Pakistan Development Review, 59(1), 45–68. https://www.jstor.org/stable/27184716
]Search in Google Scholar
[
Ajose, K., & Oyedokun. G. E. (2018). Capital formation and economic growth in Nigeria. International Accounting and Taxation Research Group, 2(2), 131-142. https://dc.cbn.gov.ng/cgi/viewcontent.cgi?article=1493&context=bullion
]Search in Google Scholar
[
Aslan, A., & Altinoz, B. (2021). The impact of natural resources and gross capital formation on economic growth in the context of globalization: Evidence from developing countries on the continent of Europe, Asia, Africa, and America. Environmental Science and Pollution Research 28, 33794–33805. https://doi.org/10.1007/s11356-021-12979-7
]Search in Google Scholar
[
Azam, M., & Khan, S. (2022). Threshold effects in the relationship between inflation and economic growth: Further empirical evidence from the developed and developing world. International Journal of Finance and Economics. 27(4), 4224–4243. https://doi.org/10.1002/ijfe.2368
]Search in Google Scholar
[
Barro, R. J. (2013). Inflation and economic growth. Annals of Economics and Finance, 14(1), 121-144. https://ideas.repec.org/a/cuf/journl/y2013v14i1n6barro.html
]Search in Google Scholar
[
Barro, R. J., & Gordon, D. B. (1983). A positive theory of monetary policy in a natural rate model. Journal of Political Economy, 91(4), 589–610. http://www.jstor.org/stable/1831069
]Search in Google Scholar
[
Ben, D. M., & Rahali, F. (2018). Democratie, stabilite politique et croissance economique: Estimation a partir d’un modèle en panel dynamique. L’Actualité Economique, 94(1), 55-89. https://doi.org/10.7202/1065756ar
]Search in Google Scholar
[
Bhatta, S. R. (2015). Optimal rate of inflation for Nepal: An empirical investigation. In International Conference on Economics and Finance. Kathmandu. https://shorturl.at/AFMU5
]Search in Google Scholar
[
Binder, C., & Kamdar, R. (2022). Expected and realized inflation in historical perspective. The Journal of Economic Perspectives, 36(3), 131–156. https://www.jstor.org/stable/27151257
]Search in Google Scholar
[
Cervantes, R., & Villaseñor, J. (2015). Political stability and economic growth: Some considerations. Journal of Public Governance and Policy: Latin American Review, 1 (1), 77-100. https://shorturl.at/qFGV5
]Search in Google Scholar
[
Chu, J. F., Sek, S. K.,& Ismail, M. T. (2019). Threshold effects of inflation on economic growth: Evidence from a static threshold analysis for 18 developed economies. AIP Conference. Proceedings, 2184 (1), 050001. https://doi.org/10.1063/1.5136389
]Search in Google Scholar
[
Dahal, A. K., Budathoki, P. B., & Bhattarai, G. (2024). Does the military expenditure hurt the economic growth? Evidence derive from South Asian countries. Journal of Business and Management Review, 5(3), 189-204. https://doi.org/10.47153/jbmr53.9092024
]Search in Google Scholar
[
Domar, E. D. (1946). Capital expansion, rate of growth, and employment. Econometrica, 14(2), 137-147. https://doi.org/10.2307/1905364
]Search in Google Scholar
[
Fabayo, J. A., & Ajilore, O. T. (2006). Inflation: How much is too much for economic growth in Nigeria. Indian Economic Review, 41(2), 129–147. http://www.jstor.org/stable/29793862
]Search in Google Scholar
[
Frank, A. G. (1966). The development of underdevelopment. Monthly Review, 18(4), 17-31. https://doi.org/10.14452/MR-018-04-1966-08_3
]Search in Google Scholar
[
Friedman, M. (1968). The role of monetary policy. American Economic Review, 58(1), 1-17. https://shorturl.at/cikA2
]Search in Google Scholar
[
Feng, Y. (1997). Democracy, political stability, and economic growth. British Journal of Political Science, 27(3), 391–418. https//doi.org/10.1017/S0007123497000197
]Search in Google Scholar
[
Goldsmith, A. A. (1987). Does political stability hinder economic development? Mancur Olson’s Theory and the Third World. Comparative Politics, 19(4), 471-480.
]Search in Google Scholar
[
Gupta, S., Clements, B., Baldacci, E., & Mulas-Granados, C. (2005). Fiscal policy, expenditure composition, and growth in low-income countries. Journal of International Money and Finance, 24(3), 441-463. https://ideas.repec.org/a/eee/jimfin/v24y2005i3p441-463.html
]Search in Google Scholar
[
Hamdaoui, M., Ayouni, S.E. & Maktouf, S. (2022). Capital account liberalization, political stability, and economic growth. Journal of the Knowledge Economy, 13, 723–772. https://doi.org/10.1007/s13132-021-00723-y
]Search in Google Scholar
[
Harrod, R. F. (1939). An essay in Dynamic Theory, The Economic Journal, 49(193), 14–33. https://doi.org/10.2307/2225181
]Search in Google Scholar
[
Islam, M. M., Alharthi, M., & Murad, M. W. (2021). The effects of carbon emissions, rainfall, temperature, inflation, population, and unemployment on economic growth in Saudi Arabia: An ARDL investigation. PLoS ONE 16(4), e0248743. https://doi.org/10.1371/journal.pone.0248743
]Search in Google Scholar
[
Johansen, S. (1988). Statistical analysis of cointegration vectors. Journal of Economic Dynamics and Control, 12(2-3), 231-254. https://doi.org/10.1016/0165-1889(88)90041-3
]Search in Google Scholar
[
Johansen, S. (1991). Estimation and hypothesis testing of cointegration vectors in Gaussian vector autoregressive models. Econometrica, 59(6), 1551–1580. https://doi.org/10.2307/2938278
]Search in Google Scholar
[
Karki, S., Banjara, S., & Dumre, A. (2020). A review of the impact of inflation on economic growth in Nepal. Archives of Agriculture and Environmental Science, 5(4), 576-582. https://doi.org/10.26832/24566632.2020.0504022
]Search in Google Scholar
[
Kapur, R. (2023). What next for Sri Lanka?: In 2023, the country’s struggle for political and economic stability is far from over. Konrad Adenauer Stiftung. http://www.jstor.org/stable/resrep5148
]Search in Google Scholar
[
Kesar, A., Bandi, K., Jena, P. K., & Yadav, M. P. (2023). Dynamics of governance, gross capital formation, and growth: Evidence from Brazil, Russia, India, China, and South Africa. Journal of Public Affairs, 23(1), e2831. https://doi.org/10.1002/pa.2831
]Search in Google Scholar
[
Kyarem, R., Sani, I. A., Oyolola, F., & Lawal, O. (2020). Political elites’ corruption, political stability and economic growth in Nigeria: Bound Testing Approach. Acta Universitatis Danubius: Oeconomica, 16(2). 280 – 294. https://www.researchgate.net/publication/344282320
]Search in Google Scholar
[
Lipset, S. M. (1959). Some social requisites of democracy: Economic development and political legitimacy. The American Political Science Review, 53(1), 69–105. https://doi.org/10.2307/1951731
]Search in Google Scholar
[
Madurapperuma, W. (2023). Money supply, inflation and economic growth of Sri Lanka: co-integration and causality analysis. Journal of Money and Business, 3(2), 227-236. https://doi.org/10.1108/JMB-08-2022-0039
]Search in Google Scholar
[
Mandal, R. B. (2022). Impact of political instability on the economic growth of Nepal. The Economic Journal of Nepal, 45 (3 & 4), 55-74. https://doi.org/10.3126/ejon.v45i3-4.63149
]Search in Google Scholar
[
Maune, A., Matanda, E., & Chitombo, E. (2023). Governance, gross capital formation, foreign remittances, and economic growth in Zimbabwe. Acta Universitatis Danubius. Œconomica, 19(3), 107–117.
]Search in Google Scholar
[
Mignamissi, D., Minkoé Bikoula, S.B. & Thioune, T. (2023). Inflation and economic growth in Sub-Saharan Africa: The role of institutions. Journal of Quantitative Economics. 21, 847–871. https://doi.org/10.1007/s40953-023-00366-7
]Search in Google Scholar
[
Mishkin, F.S. (2016). The economics of money, banking, and financial markets. 11th Edition, Pearson, Harlow.
]Search in Google Scholar
[
Mohanty, S., & Sethi. N. (2019). Outward FDI, human capital and economic growth in BRICS countries: An empirical insight, Transnational Corporations Review, 11(3), 235-249. https://doi.org/10.1080/19186444.2019.1657347
]Search in Google Scholar
[
Mujtaba, A., Jena, P. K., Bekun, F., V., & Sahu, P. K. (2022). Symmetric and asymmetric impact of economic growth, capital formation, renewable and non-renewable energy consumption on environment in OECD countries. Renewable and Sustainable Energy Reviews, 160, https://doi.org/10.1016/j.rser.2022.112300.
]Search in Google Scholar
[
North, D. C. (1990). Institutions, institutional change and economic performance. Cambridge University Press. https://shorturl.at/vIY29
]Search in Google Scholar
[
Obobisa, E. S., Chen, H., Ayamba, E. C., & Nyarko Mensah, C. (2021). The causal relationship between China-Africa trade, China OFDI, and Economic growth of African countries. Sage Open, 11(4). https://doi.org/10.1177/21582440211064899
]Search in Google Scholar
[
Paudel, H. P., & Raut, N. K. (2022). Nonlinear impact of inflation on economic growth in Nepal: A smooth transition regression approach. Nepal Public Policy Review, 2(1), 235–260. https://doi.org/10.3126/nppr.v2i1.48676
]Search in Google Scholar
[
Radu, M. (2015). Political Stability - A condition for sustainable growth in Romania? Procedia Economics and Finance, 30. 751-757. https://doi.org/10.1016/S2212-5671(15)01324-6
]Search in Google Scholar
[
Rajah, R. (2018). Indonesia’s economy: Between growth and stability. Lowy institute for international policy. http://www.jstor.org/stable/resrep19789
]Search in Google Scholar
[
Rihan, M. K., & Bawady, S. (2018). An econometric study of inflation’s present and future effect on economic growth in Egypt. Arab Universities Journal of Agricultural Sciences, 26(Special issue (2A)), 891-907. https://doi.org/10.21608/ajs.2018.28253
]Search in Google Scholar
[
Romer, P. M. (1986). Increasing returns and long-run growth. Journal of Political Economy, 94(5), 1002–1037. http://www.jstor.org/stable/1833190
]Search in Google Scholar
[
Sayehmiri, A, Baharvand, K. A., & Omidi, M. (2021). The impact of inflation on economic growth: A meta-analysis approach. Journal of Development and Capital, 5(2), 137 – 151. https://doi.org/10.22103/jdc.2020.16094.1099
]Search in Google Scholar
[
Shabbir, G., Anwar, M., & Adil, S. (2016). Corruption, political stability, and economic growth. The Pakistan Development Review, 55(4), 689–702. http://www.jstor.org/stable/44986010
]Search in Google Scholar
[
Solow, R. M. (1956). A contribution to the theory of economic growth. Quarterly Journal of Economics, 70(1), 65-94. https://doi.org/10.2307/1884513
]Search in Google Scholar
[
Tilly, C. (1985). War making and state making as organized crime. In P. B. Evans, D. Rueschemeyer, & T. Skocpol (Eds.), Bringing the State Back In (pp. 169–191). Chapter, Cambridge: Cambridge University Press.
]Search in Google Scholar
[
Uneze, E. (2013). The relation between capital formation and economic growth: evidence from sub-Saharan African countries. Journal of Economic Policy Reform, 16(3), 272–286. https://doi.org/10.1080/17487870.2013.799916
]Search in Google Scholar
[
World Bank. (2001). World Development Indicators. The World Bank. https://doi.org/10.1596/0-8213-4898-1
]Search in Google Scholar
[
Yemba, B., Erick, K., & Woodburne, P. (2020). Non‐linear effects of inflation on economic growth in the Democratic Republic of the Congo. The South African Journal of Economics, 88(4), 536-550. https:/doi.org/10.1111/saje.12249
]Search in Google Scholar
[
Zeaiter, H., & Kassem, M. (2017). Political freedom and growth. The Journal of Developing Areas, 51(3), 139–152. https://www.jstor.org/stable/26416937
]Search in Google Scholar
