Does Globalization Promote or Hinder Sustainable Development? Evidence from Turkiye on the Three Dimensions of Globalization

Abstract: This study analyzes the impact of globalization on sustainable development in Turkiye. We used the ARDL method with annual data for the period 2000-2021. Results reveal that economic globalization promotes positively to sustainable development in the short run with a coefficient of 0.144 and in the long run with a 0.153 coefficient. Although social globalization has a negative impact with a coefficient of -0.150 in the short run, this effect turns positive with a coefficient of 0.080 in the long run. Political globalization strongly supports sustainable development with a coefficient of 0.254 in the short run and 2.634 in the long run. Finally, total globalization has a positive impact on sustainable development in the short and long run with coefficients of 0.339 and 0.196, respectively.