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Corruption And Economic Growth In Africa
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Book Synopsis Corruption and Human Development in Africa by : Jacques P. Nguemegne
Download or read book Corruption and Human Development in Africa written by Jacques P. Nguemegne and published by Xlibris Corporation. This book was released on 2011-11-09 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is, to the authors knowledge, the fi rst empirical cross-country analysis of the relationship between corruption and human development (HD) in Africa. In most African countries the current state of HD is critically poor. In spite of two decades of democratization and substantial economic growth or stability corruption has become endemic and tends to adversely affect HD conditions and needs. Using a pooledcross- section-across time-design and a sample of 40 African countries over many years (2003 2007) and based on an OLS Analysis, this study attempts an empirical examination of the association between corruption and HD in Africa, while holding constant economic growth, government socioeconomic or welfare expenditures and political system and, controlling for some major internal and external economic variables. As found, corruption adversely affects human development in Africa. Overall, based on the main study model (Model 1) a unit increase in the corruption level (CPI) on a scale of 1 to 10 will cause a .48 percent decrease in the state of HD (HDI).The relationship between corruption and HD is however non-linear: using Model 3 which incorporate a square term of corruption, it was found that at and below 4.577 RCPI (i.e. 5.42 normal CPI) corruptions is likely to positively affect HD whereas at and above 4.577 RCPI corruption rather tends to adversely affect HD with an increasing return. Besides, it was also found, using Model 2 which incorporates an interaction term of corruption and political system, that democratization has deceived scientists theoretical projections and peoples political expectations of the 1990s. Democracy has not improved HD in Africa. Both non-and partly democratic (i.e., authoritarian) and democratic political systems adversely affect HD. The adverse impact of corruption on HD is even worse in the latter systems. After checking for the main effect (Model 2) it appears that, as corruption increases by one unit, HD decreases by 9.48 percent in African countries with authoritarian systems. In contrast , the same one unit increase in corruption will have an additional 5.23 percent decrease in the HD of African countries with a democratic system. This study brings new insights about public policies ineffectiveness and failures to satisfy increasing HD needs in Africa. It throws new lights on the relationship existing between economic growth, democracy and corruption and HD. It suggests some policy reforms which could improve the state of HD in Africa. Overall, it is an important contribution to the theoretical and empirical body of administrative theory and knowledge.
Book Synopsis Corruption and Economic Growth in Africa by : David N. Abdulai
Download or read book Corruption and Economic Growth in Africa written by David N. Abdulai and published by Taylor & Francis. This book was released on 2023-12-28 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption is one of the major challenges impeding Africa’s growth and development efforts and its impact is much more pronounced at this point of the continent’s development trajectory. Corruption has political, economic, and social consequences and this book argues that any efforts to help Africa grow and develop must prioritise the fight against it, so that the aid and funding given for projects in the region can continue to be sustained. The book also tackles the issue of national security and instability caused by corruption. The author argues that progress cannot happen in countries and environments where instability exists and persists. Corruption in Africa has contributed to instability and other national security challenges, especially in fragile states on the continent. The book starts by looking at the three major types of corruption: petty, grand, and systemic and then goes on to address the different categories of corruption such as bureaucratic, legislative, political, as well as public and private sector aspects. It also deals with common forms of corruption as well as some of the causes, such as bad governance and excessive greed, to mention a few. Further, it critically examines how current political systems on the continent contribute to this condition. The book argues that some of the solutions that have been proposed to date are not viable or have not worked in practice, and through applied research, offers workable solutions that policy makers, African politicians, academics, and students of economics and development can use as a reference guide in the fight against corruption.
Book Synopsis Corruption and Development in Africa by : K. Hope
Download or read book Corruption and Development in Africa written by K. Hope and published by Springer. This book was released on 1999-08-18 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bringing together a distinguished cast of contributors, the book provides an authoritative and definitive analysis of the theory, practice and development impact of corruption in Africa. Combating corruption is demonstrated to require greater priority in the quest for African development.
Book Synopsis Corruption, Good Governance, and the African State by : Ganahl, Joseph Patrick
Download or read book Corruption, Good Governance, and the African State written by Ganahl, Joseph Patrick and published by Universitätsverlag Potsdam. This book was released on 2014-02-18 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: African states are often called corrupt, indicating that the political system in Africa differs from the one prevalent in economically advanced democracies. This, however, does not give us any insight into what makes corruption the dominant norm of African statehood. Thus we must turn to the overly neglected theoretical work on the political economy of Africa in order to determine how the poverty of governance in Africa is firmly anchored both in Africa’s domestic socioeconomic reality, as well as in the region’s role in the international economic order. Instead of focusing on increased monitoring, enforcement and formal democratic procedures, this book combines economic analysis with political theory in order to arrive at a better understanding of the political-economic roots of corruption in Sub-Saharan Africa.
Book Synopsis Consequences of Corruption at the Sector Level and Implications for Economic Growth and Development by : OECD
Download or read book Consequences of Corruption at the Sector Level and Implications for Economic Growth and Development written by OECD and published by OECD Publishing. This book was released on 2015-03-25 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Corruption in Africa by : John Mukum Mbaku
Download or read book Corruption in Africa written by John Mukum Mbaku and published by Lexington Books. This book was released on 2010 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption in Africa makes a significant contribution to the study of the impacts and eradication of corruption in African societies. John Mukum Mbaku offers a comprehensive analysis of the causes of public malfeasance in African countries and provides a number of practical and effective policy options for change. This book demonstrates the destructive relationship between corruption and the abrogation of economic freedoms and entrepreneurship, a system that has clearly left Africa as one of the most deprived regions in the world. Utilizing the tools of public choice theory, Mbaku emphasizes the important role that institutions have in corruption control and he recommends reconstructive democratic constitutions as the most effective means of development. Until African states provide their people with institutional arrangements that adequately constrain the state and enhance wealth production, the living standards in the continent will continue to deteriorate. Corruption in Africa is a fascinating and informative text that will appeal to those interested in African studies and developmental policies.
Book Synopsis Corruption, Good Governance and Economic Development by : R N Ghosh
Download or read book Corruption, Good Governance and Economic Development written by R N Ghosh and published by World Scientific. This book was released on 2014-12-30 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption, Good Governance and Economic Development adopts a non-Eurocentric approach towards good governance issues in Asia and Africa on practical and theoretical levels. Edited by R N Ghosh and M A B Siddique, this volume features contributions from distinguished scholars and policy makers who examine whether there is any correlation between the level of corruption in a country and its rate of economic change. These chapters are the outcome of major papers that were presented in conferences on the topic of “Good Governance and Economic Development” presented in Australia and India in June and December 2009 respectively, and it is hoped that they will bridge the gap in the area of good governance from a non-Western perspective in existing development literature. Contents: Corruption, Crime and Economic Growth:Some Quantitative Measures of Corruption (R N Ghosh and M A B Siddique)Using the Release of Information as an Indicator of Government Transparency (Andrew Williams)Deliberative Democracy, Global Green Information System and Spirituality (Dora Marinova, Vladislav Todorov and Amzad Hossain)Selected Case Studies:Governance, Institutions and Corruption: Negative Sovereignty in Africa(Derek H Aldcroft)Corruption in Bangladesh: Review and Analysis (M A B Siddique)Restoring Sustainable Governance in Bangladesh (Amzad Hossain and Dora Marinova)Crime, Corruption and Economic Growth — A Study in Indian Perspective (Gautam M Chakrabarti)Comparative Crime and Corruption in Different Indian States in the Context of Economic Development (Surajit Kar Purkayastha)A Certain Uncertainty; Assessment of Court Decisions in Tackling Corruption in Indonesia (Rimawan Pradiptyo)Does Governance Reform in a Democratic Transition Country Reduce the Risk of Corruption? Evidence from Indonesia (Budi Setiyono)Conclusion and Policy Implications:Conclusion: Good Governance and Sustainable Development (M A B Siddique and R N Ghosh) Readership: Undergraduates and postgraduates focused on development studies; policymakers with an interest in development issues in Asia and non-governmental organizations. Key Features:The book contains a good deal of useful statistical informationSome of the papers are contributed by distinguished scholars based on evidenceVarious chapters make an in depth analysis of the relationships between corruption and developmentKeywords:Corruption;Good Governance;Transparency;India;Bangladesh;Indonesia;Africa
Book Synopsis African Economic Development by : Emmanuel Nnadozie
Download or read book African Economic Development written by Emmanuel Nnadozie and published by Emerald Group Publishing. This book was released on 2019-05-08 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a sweeping survey of African economies, leading scholars offer the latest research into the biggest current influences on African growth and development, taking account of relevant institutional contexts as well as significant or unique problems that have slowed Africa’s progress.
Book Synopsis Natural Resources, Governance, and Economic Growth in Africa by : Pog-yŏng Pak
Download or read book Natural Resources, Governance, and Economic Growth in Africa written by Pog-yŏng Pak and published by KIEP. This book was released on 2005 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Are External Shocks Responsible for the Instability of Output in Low Income Countries? by : Claudio E. Raddatz
Download or read book Are External Shocks Responsible for the Instability of Output in Low Income Countries? written by Claudio E. Raddatz and published by World Bank Publications. This book was released on 2005 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: External shocks, such as commodity price fluctuations, natural disasters, and the role of the international economy, are often blamed for the poor economic performance of low-income countries. The author quantifies the impact of these different external shocks using a panel vector autoregression (VAR) approach and compares their relative contributions to output volatility in low-income countries vis-à-vis internal factors. He finds that external shocks can only explain a small fraction of the output variance of a typical low-income country. Internal factors are the main source of fluctuations. From a quantitative perspective, the output effect of external shocks is typically small in absolute terms, but significant relative to the historic performance of these countries.
Book Synopsis Government Spending, Corruption and Economic Growth by : Giorgio D'Agostino
Download or read book Government Spending, Corruption and Economic Growth written by Giorgio D'Agostino and published by . This book was released on 2012 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper considers the effects of corruption and government spending on economic growth. It starts from an endogenous growth model and extends it to account for the detrimental effects of corruption on the potentially productive components of government spending, namely military and investment spending. The resulting model is estimated on a sample of African countries and the results show, first, that the growth rate is strongly influenced by the interaction between corruption and military burden, with the interaction between corruption and government investment expenditure having a weaker effect. Second, allowing for the cyclical economic fluctuations in specific countries leaves the estimated elasticities close to those of the full sample. Third, there are significant conditioning variables that need to be taken into account, namely the form of government, political instability and natural resource endowment. These illustrate the cross country heterogeneity when accounting for quantitative direct and indirect effects of key variables on economic growth. Overall, these findings suggest important policy implications"--Publisher description.
Book Synopsis Institutions and Development in Africa by : John Mukum Mbaku
Download or read book Institutions and Development in Africa written by John Mukum Mbaku and published by Africa World Press. This book was released on 2004 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: A significant contribution to the debate on poverty alleviation in Africa, Professor Mbaku offers practical policies for economic growth. He argues that the most important contributor to poverty and deprivation in Africa is the absense of institutional structures that enhance indigenous entrepreneurship and wealth creation. He explains that these are so vital that living standards will continue to deteriorate unless these building blocks are put in place.
Book Synopsis Public Procurement, Corruption and the Crisis of Governance in Africa by : Nirmala Dorasamy
Download or read book Public Procurement, Corruption and the Crisis of Governance in Africa written by Nirmala Dorasamy and published by Springer Nature. This book was released on 2021-03-21 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book establishes a nexus between corruption in public procurement and the prevailing crisis of governance in Africa. The African continent is characterised by the growing concern for the deteriorating human security. In the midst of these woes, African political leaders are known for their stupendous wealth and riches through expropriation of national resources for personal benefits. This growing inequality in the continent has become a major driver for a series of violent and criminal activities, which have added to the worsening governance crisis. Thus, the abuse of public power for advancing private gain constitutes an impediment to effective public service delivery, thereby engendering a crisis of governance. The consequence of this is not limited to the socio-economic growth and welfare of citizens, but it often also jeopardizes the democratic credentials and objectives of the state.
Book Synopsis Political Corruption in Africa by : Inge Amundsen
Download or read book Political Corruption in Africa written by Inge Amundsen and published by Edward Elgar Publishing. This book was released on with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysing political corruption as a distinct but separate entity from bureaucratic corruption, this timely book separates these two very different social phenomena in a way that is often overlooked in contemporary studies. Chapters argue that political corruption includes two basic, critical and related processes: extractive and power-preserving corruption.
Book Synopsis Corruption and the Crisis of Institutional Reforms in Africa by : John Mukum Mbaku
Download or read book Corruption and the Crisis of Institutional Reforms in Africa written by John Mukum Mbaku and published by Edwin Mellen Press. This book was released on 1998 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study contains a mixture of analytical ideas and views, and recommends reconstruction of the neo-colonial state as an effective way to deal with this pervasive institution. It examines corruption from a public choice perspective, and part of the book deals specifically with Nigeria.
Book Synopsis Africa by : Assistant Professor Morten Jerven
Download or read book Africa written by Assistant Professor Morten Jerven and published by Zed Books Ltd.. This book was released on 2015-06-11 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘A valuable corrective to the fraying narrative of [African] failure.’ Foreign Affairs Not so long ago, Africa was being described as the hopeless continent. Recently, though, talk has turned to Africa rising, with enthusiastic voices exclaiming the potential for economic growth across many of its countries. What, then, is the truth behind Africa’s growth, or lack of it? In this provocative book, Morten Jerven fundamentally reframes the debate, challenging mainstream accounts of African economic history. Whilst for the past two decades experts have focused on explaining why there has been a ‘chronic failure of growth’ in Africa, Jerven shows that most African economies have been growing at a rapid pace since the mid nineties. In addition, African economies grew rapidly in the fifties, the sixties, and even into the seventies. Thus, African states were dismissed as incapable of development based largely on observations made during the 1980s and early 1990s. The result has been misguided analysis, and few practical lessons learned. This is an essential account of the real impact economic growth has had on Africa, and what it means for the continent’s future.
Book Synopsis Corruption by : Carlo Alberto Brioschi
Download or read book Corruption written by Carlo Alberto Brioschi and published by Brookings Institution Press. This book was released on 2017-04-25 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: From ancient times to modern, corruption has been ingrained in human society and is still a powerful issue in the contemporary world. In Corruption: A Short History, Carlo Brioschi provides a thorough and entertaining look at how corruption was born and has evolved over time, without ever being stamped out. He examines corruption through politics and history—from Babylon to modern-day U.S. organized crime and the great market collapses—and concludes with reflections on the moral perception of corruption and its dangers for democracy.
