International records / OpenAlex research

Manufacturing Sector Output Growth and Macroeconomic Policies Performance: Empirical Insight from the N-Eleven Countries

This study examined the impact of macroeconomic policies on manufacturing sector growth using panel data from the N-11 countries — Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, Turkey, South Korea, and Vietnam — from 2000 to 2024. The N-11, identified as the next set of emerging economies with potential to rival BRICS, face structural challenges in industrialization despite implementing diverse monetary, fiscal, and trade policies. Anchored on the structural change model, the study employed panel fixed effect and random effect models to assess how monetary pol…