Sustainable Development

Abstract

Corruption and sustainability development are serious agendas in recent scenarios due to the government wanting to achieve the SD goal of 2030. Therefore, this work analyzes the impact of sustainability development, corruption, and FDI inflows on economic growth (EG) in BRICS and G7. In this chapter, the authors consider two contrast group of countries (developing and developed) and why they are dissimilar to each other in terms of sustainable development, corruption, FDI inflow, and economic growth. In this chapter, 25 years of data set has been analyzed, between the years 1995-2019. According to the analysis results, although it was not statistically significant, a positive relationship was found between SDI and EG in BRICS countries, and a negative relationship was found in G7 countries. The main problem here is that while the G7 countries provide economic development, it is important to minimize the environmental impact in order to ensure that this development is sustainable.