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THE ADVERSE EFFECTS OF CORRUPTIONON GROWTH AND DEVELOPMENT

THE ADVERSE EFFECTS OF CORRUPTIONON GROWTH AND DEVELOPMENT This paper discusses the major trends in scholarship about the link between corruption and growth, the multifaceted character of corruption, and the potential for corruption to offset advances towards more significant trade openness. The mainstay of the paper is formed by an analysis of the relevance and extent of the impact of corruption on growth, the influence of corruption on economic performance, and the nexus between governance quality and corruption. My paper contributes to the literature by providing evidence on the causal mechanisms and transmission channels in the corruption-growth connection, the function that corruption has with regard to economic growth, and the interaction between corruption and democracy. JEL codes: D73; O47 Keywords: corruption; economic growth; governance quality; democracy http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

THE ADVERSE EFFECTS OF CORRUPTIONON GROWTH AND DEVELOPMENT

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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
1842-3191
eISSN
1938-212X
Publisher site
See Article on Publisher Site

Abstract

This paper discusses the major trends in scholarship about the link between corruption and growth, the multifaceted character of corruption, and the potential for corruption to offset advances towards more significant trade openness. The mainstay of the paper is formed by an analysis of the relevance and extent of the impact of corruption on growth, the influence of corruption on economic performance, and the nexus between governance quality and corruption. My paper contributes to the literature by providing evidence on the causal mechanisms and transmission channels in the corruption-growth connection, the function that corruption has with regard to economic growth, and the interaction between corruption and democracy. JEL codes: D73; O47 Keywords: corruption; economic growth; governance quality; democracy

Journal

Economics, Management, and Financial MarketsAddleton Academic Publishers

Published: Jan 1, 2014

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