File Name: corruption and national development .zip
Corruption is believed to be widespread and it adversely affects countries at different intervals, in different degrees. Corruption scandals show that bribes are commonplace and that even societies that are supposedly free of corruption are affected by it. It is unclear, however, if increases in income reduce corruption across regions and income classification consistently. Researchers have often focused on the process of detection rather than exploring the degree to which the income level has an effect on corruption. Unable to display preview. Download preview PDF.
Erwann Sabai and Dr. Chirok Han from University of Auckland for their valuable comments and to the following people: Dr. Shahid M. Alam of Northeastern University, Boston, for their intuitive comments; and Ms. However, the authors are responsible for any errors or omissions, which are of course unintended. Using panel data from the International Country Risk Guide corruption index, institutional quality and political stability indices and several state variables for developed and developing countries, this paper explores the linear quadratic empirical relationship between corruption and economic growth.
Skip to search form Skip to main content You are currently offline. Some features of the site may not work correctly. Corruption is so endemic in Nigeria in such a way that the entire fabric of the society is affected. Save to Library. Create Alert. Launch Research Feed. Share This Paper.
Economics of corruption deals with the misuse of public power for private benefit and its economic impact on society. Economies that are afflicted by a high level of corruption are not capable of prospering as fully as those with a low level of corruption. Also, economies that are corrupted are not able to function properly since the natural laws of the economy can not function freely. As a consequence, corruption, for instance, leads to an inefficient allocation of resources, poor education, and healthcare or the presence of a shadow economy, a kind of economy that includes illegal activities as well as unreported income from the production of legal goods and services for which taxes should be paid, but are not. Corruption can be measured objectively by counting the number of criminal indictments for corruption; however, this can be ineffective due to the fact that the ratio of indictments to actual corruption may be highly variable.
Nigeria has been increasingly portrayed as a very corrupt nation state both internationally and locally. Although one is not implying that it is only Nigeria that suffers from this impasse. However, the disturbing issue is that the case of Nigeria is so alarming that it threatens its national development. It is therefore, the view of this paper to pry into reasons accounting for this ugly state of affairs with a view to arresting the situation. Consequently, this paper in the final analysis, proffers the solution for this ugly situation and the way forward for the country. Key words: National development, Corruption, Development, political system and socio-economic sector.
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Corruption is a constant in the society and occurs in all civilizations; however, it has only been in the past 20 years that this phenomenon has begun being seriously explored. It has many different shapes as well as many various effects, both on the economy and the society at large. Among the most common causes of corruption are the political and economic environment, professional ethics and morality and, of course, habits, customs, tradition and demography. Its effects on the economy and also on the wider society are well researched, yet still not completely. Corruption thus inhibits economic growth and affects business operations, employment and investments.
Though largely ignored for many years, interest in world wide corruption has been rekindled by recent corporate scandals in the US and Europe. Corruption in the developing nations is said to result from a number of factors. Mass poverty has been cited as a facilitating condition for corruption just as an inability to manage a sudden upsurge in mineral revenues has been credited with breeding corruption and adventurous government procurement among public officials in countries like Nigeria and Venezuela. Virtually all developing nations that have serious corruption problems also have very limited economic freedom and a very weak enforcement of the rule of law. In such nations, corruption represents a regressive taxation that bears hard on the poor.
Скорее кличка коровы, чем имя красавицы. Разве так могут назвать католичку. Должно быть, Клушар ослышался. Беккер набрал первый из трех номеров. - Servicio Social de Sevilla, - прозвучал приятный женский голос.
Сьюзан отгородилась от царившего вокруг хаоса, снова и снова перечитывая послание Танкадо. PRIME DIFFERENCE BETWEEN ELEMENTS RESPONSIBLE FOR HIROSHIMA AND NAGASAKI ГЛАВНАЯ РАЗНИЦА МЕЖДУ ЭЛЕМЕНТАМИ, ОТВЕТСТВЕННЫМИ ЗА ХИРОСИМУ И НАГАСАКИ - Это даже не вопрос! - крикнул Бринкерхофф. - Какой же может быть ответ. - Нам необходимо число, - напомнил Джабба. - Шифр-убийца имеет цифровую структуру.
Ты уверен, что его никто не купил. - Да вы все спятили. Это за четыреста-то баксов.
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