Author : Mr.Hamid Reza Davoodi
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451855371
Total Pages : 0 pages
Book Rating : 4.8/5 (553 download)
Book Synopsis Corruption, Structural Reforms, and Economic Performance in the Transition Economies by : Mr.Hamid Reza Davoodi
Download or read book Corruption, Structural Reforms, and Economic Performance in the Transition Economies written by Mr.Hamid Reza Davoodi and published by INTERNATIONAL MONETARY FUND. This book was released on 2000-07-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent studies have highlighted the adverse impact of corruption on economic performance. This paper advances the hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that provides deeper insights into economic performance than do measures of “perceived corruption.” The hypothesis is tested by assessing the relative importance of structural reforms vs. corruption in explaining macroeconomic performance in the transition economies. The paper finds that for four widely used measures of economic performance—growth, inflation, the fiscal balance, and foreign direct investment—structural reforms tend to dominate the corruption variable.