Vol. 13 No. 3 (2025): Business & Management Studies: An International Journal
Articles

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

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  • Emrullah Bardakçı,
  • Betül Gür
Emrullah Bardakçı
Dr., Istanbul Ticaret University, Institute of Social Sciences, Department of International Trade, Istanbul, Türkiye
Bio
Betül Gür
Prof. Dr., Istanbul Ticaret University, Faculty of Business, Department of Economics, Istanbul, Türkiye
Bio

Published 2025-09-25

Keywords

  • Political Stability, Foreign Direct Investment, International Trade, BRICS+ Countries, Panel Data Analysis
  • Politik İstikrar, Doğrudan Yabancı Yatırımlar, Uluslararası Ticaret, BRICS+ Ülkeleri, Panel Veri Analizi

How to Cite

The impact of political stability and foreign direct investment on international trade in Türkiye and the BRICS+ countries. (2025). Business & Management Studies: An International Journal, 13(3), 1065-1072. https://doi.org/10.15295/bmij.v13i3.2596

Copyright (c) 2025 Emrullah Bardakçı- Betül Gür

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to Cite

The impact of political stability and foreign direct investment on international trade in Türkiye and the BRICS+ countries. (2025). Business & Management Studies: An International Journal, 13(3), 1065-1072. https://doi.org/10.15295/bmij.v13i3.2596

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.

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