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The Impact of Corruption on Development and Economic Performance

Author : Daniel Detzer
Publisher : GRIN Verlag
Page : 41 pages
File Size : 32,10 MB
Release : 2010-07
Category : Business & Economics
ISBN : 3640658795

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Seminar paper from the year 2010 in the subject Business economics - Miscellaneous, grade: 1,0, Berlin School of Economics (Global Governance), language: English, abstract: During the last decades, corruption became an important topic. About twenty years ago the issue started to gain increasing attention. Different Organization engage in the fight against corruption. This is a remarkable change compared to the situation before the 1990s. Back then, most people did not see it as a pressing problem. Actually, it was more seen as an integral part of doing business. Most European countries allowed for tax deductibility of bribes. Even the World Bank, not constricted by such national concerns, was avoiding the topic. The changed perception of corruption has manifold reasons. Foremost, the geopolitical situation changed remarkably. During the cold war, governments, despite their corruptness, were supported to make sure they were not joining the communist bloc. After the end of this ideological competition, the imperative to tolerate and not to address issues like corruption and abuse of political power ceased to exist. Last, but not less important, the USA, not constraint by geopolitical considerations, had economic interest to put the topic on the agenda. While for US-companies bribing abroad was forbidden, most other developed countries used graft to initiate business abroad. Therefore, the US had a special interest to push for anti-corruption laws to level the playing field for its companies. From a western normative and moral point of view this fight against corruption on the international level seems to be a desirable development. However, if those were the only reasons for this crusade, it could be misperceived as another example of the imposition of rules from the Global North on the Global South. Then again, if corruption has negative impacts, other than moral concerns, it would legitimize this movement. Prevailing corruption might influence the development and e

Governance, Corruption, and Economic Performance

Author : Mr.Sanjeev Gupta
Publisher : International Monetary Fund
Page : 580 pages
File Size : 49,78 MB
Release : 2002-09-24
Category : Social Science
ISBN : 9781589061163

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This volume presents 18 IMF research studies on the causes and consequences of corruption, as well as how it can most effectively be combated to improve governance, increase economic growth, and reduce poverty. The authors examine how civil service wages affect corruption, the impact of natural resource availability on corruption, the impact of corruption on a country’s income distribution and incidence of poverty, and the effect of corruption on government expenditures on health and education.

Does Corruption Affect Income Inequality and Poverty?

Author : Mr.Sanjeev Gupta
Publisher : International Monetary Fund
Page : 42 pages
File Size : 14,93 MB
Release : 1998-05-01
Category : Business & Economics
ISBN : 1451849842

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This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic growth, the progressivity of the tax system, the level and effectiveness of social spending, and the formation of human capital, and by perpetuating an unequal distribution of asset ownership and unequal access to education. These findings hold for countries with different growth experiences, at different stages of development, and using various indices of corruption. An important implication of these results is that policies that reduce corruption will also lower income inequality and poverty.

The Impact of Corruption on Growth and Development

Author : JClaude Germain
Publisher :
Page : pages
File Size : 18,71 MB
Release : 2020-09-22
Category :
ISBN : 9781737930518

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Corruption is a complex and global phenomenon that has been prevalent in both public and private sectors. It occurs in all countries, developed as well as developing, rich and poor, but its impact varies depending on the country's culture, institutions, and stage of economic development. This study investigates the effects of corruption on growth and development at the global level and a country-specific level.Contrary to the belief that corruption "greases the wheels" of the world's economies, the study finds that corruption "sands the wheels" of economies instead. It hinders economic growth and development , leads to weak governance, impedes governments' ability to implement policies conducive to growth and development, negatively impacts economic performance by lowering productivity of the factors of production, and encourages tax evasion, which lowers governments' revenues.The study also examines the causes and consequences of corruption, and the measures adopted to mitigate the negative effects of corruption at the global and domestic levels, especially the United Nations Convention against Corruption (UNCAC), and the Stolen Asset Recovery Initiative (StAR).

Corruption, Development and the Environment

Author : Lorenzo Pellegrini
Publisher : Springer Science & Business Media
Page : 164 pages
File Size : 12,52 MB
Release : 2011-02-11
Category : Business & Economics
ISBN : 9400705999

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The book analyses the influence of corruption on economic growth and environmental protection, examining corruption from different perspectives. It contributes to several streams of the literature and assembles evidence of the influence of corruption on two important variables in human welfare: income and environmental policies. The material evinces the detrimental effect that corruption has on economic growth and on the stringency of environmental policies. It also shows that standard techniques for fighting corruption are often based either on simplistic definitions or on strong assumptions that do not apply in many countries blighted by corruption. From a methodological standpoint, this work combines a number of approaches including a theoretical discussion of corruption and of its definition (often omitted in economic studies), together with econometrics, case studies and policy discussions.

Corruption and Development

Author : Mark Robinson
Publisher : Routledge
Page : 177 pages
File Size : 31,8 MB
Release : 2012-11-12
Category : Business & Economics
ISBN : 1136322191

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The problem of corruption is of central significance for the developmental prospects of poor countries. Corruption undermines development by siphoning off resources for infrastructures and public services and by weakening the legitimacy of the state. The volume will appeal to academics and policy-makers concerned with problems of governance and public management in developing countries, as well as specialists working on corruption and designing anti-corruption strategies.

Consequences of Corruption at the Sector Level and Implications for Economic Growth and Development

Author : OCDE,
Publisher : OECD
Page : 161 pages
File Size : 42,76 MB
Release : 2015
Category : Political Science
ISBN : 9789264230767

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This report provides an analysis of the impact of a range of corrupt practices on economic growth and development in four key sectors: utilities and infrastructure, extractive industries, health and education. As quantification of the impact of corruption on economic growth at a macro level remains challenging, this report presents evidence at the micro and sectoral level to capture the various consquences of this phenomenon. Prepared by the OECD as a contribution to the G20 efforts to fight corruption, this report aims at increasing the understanding of the channels by which corruption inhibits economic growth and assist countries in further integrating anticorruption in their efforts to foster inclusive, sustainable growth and development. Drawing lessons from the cross-cutting analysis, the report encourages countries to design comprehensive anti-corruption strategies for which progress could be measurable and which would be tailored to specific country circumstances and economies to achieve the best results for economic growth and value-for-money

Corruption and the Global Economy

Author : Kimberly Ann Elliott
Publisher : Columbia University Press
Page : 258 pages
File Size : 36,12 MB
Release : 1997-06-01
Category : Political Science
ISBN : 0881323233

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The recently-adopted OECD convention outlawing bribery of foreign public officials is welcome evidence of how much progress has been made in the battle against corruption. The financial crisis in East Asia is an indication of how much remains to be done. Corruption is by no means a new issue but it has only recently emerged as a global issue. With the end of the Cold War, the pace and breadth of the trends toward democratization and international economic integration accelerated and expanded globally. Yet corruption could slow or even reverse these trends, potentially threatening economic development and political stability in some countries. As the global implications of corruption have grown, so has the impetus for international action to combat it. In addition to efforts in the OECD, the Organization of American States, the World Trade Organization, and the United Nations General Assembly, the World Bank and the International Monetary Fund have both begun to emphasize corruption as an impediment to economic development. This book includes a chapter by the Chairman of the OECD Working Group on Bribery discussing the evolution of the OECD convention and what is needed to make it effective. Other chapters address the causes and consequences of corruption, including the impact on investment and growth and the role of multinational corporations in discouraging bribery. The final chapter summarizes and also discusses some of the other anticorruption initiatives that either have been or should be adopted by governments, multilateral development banks, and other international organizations.

The Effects of Corruptionon Growth, Investment, and Government Expenditure

Author : Mr.Paolo Mauro
Publisher : International Monetary Fund
Page : 28 pages
File Size : 13,42 MB
Release : 1996-09-01
Category : Business & Economics
ISBN : 1451852096

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This paper discusses the possible causes and consequences of corruption. It provides a synthetic review of recent studies that analyze this phenomenon empirically. In addition, it presents further results on the effects of corruption on growth and investment, and new cross-country evidence on the link between corruption and the composition of government expenditure.