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The Effects Of Corruptionon Growth Investment And Government Expenditure
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Book Synopsis The Effects of Corruptionon Growth, Investment, and Government Expenditure by : Mr.Paolo Mauro
Download or read book The Effects of Corruptionon Growth, Investment, and Government Expenditure written by Mr.Paolo Mauro and published by International Monetary Fund. This book was released on 1996-09-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Effects of Corruption on Growth, Investment, and Government Expenditure by : Paolo Mauro
Download or read book The Effects of Corruption on Growth, Investment, and Government Expenditure written by Paolo Mauro and published by . This book was released on 2006 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Corruption and the Global Economy by : Kimberly Ann Elliott
Download or read book Corruption and the Global Economy written by Kimberly Ann Elliott and published by Columbia University Press. This book was released on 1997-06-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Corruption, Public Investment, and Growth by : Mr.Hamid Reza Davoodi
Download or read book Corruption, Public Investment, and Growth written by Mr.Hamid Reza Davoodi and published by International Monetary Fund. This book was released on 1997-10-01 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption, particularly political or “grand” corruption, distorts the entire decision-making process connected with public investment projects. The degree of distortions is higher with weaker auditing institutions. The evidence presented shows that higher corruption is associated with (i) higher public investment; (ii) lower government revenues; (iii) lower expenditures on operations and maintenance; and (iv) lower quality of public infrastructure. The evidence also shows that corruption increases public investment while reducing its productivity. These are five channels through which corruption lowers growth. An implication is that economists should be more restrained in their praise of high public sector investment, especially in countries with high corruption.
Book Synopsis Governance, Corruption, and Economic Performance by : Mr.Sanjeev Gupta
Download or read book Governance, Corruption, and Economic Performance written by Mr.Sanjeev Gupta and published by International Monetary Fund. This book was released on 2002-09-24 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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 Why Worry About Corruption? by : Paolo Mauro
Download or read book Why Worry About Corruption? written by Paolo Mauro and published by International Monetary Fund. This book was released on 1997-02-24 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pamphlet focuses exclusively on corrupt public practices. It liststhe potential causes and consequences of public corruption and presentsrecent evidence on the extent to which corruption affects investment,economic growth, and government expenditure choices. The evidence presented here suggests that corruption may have considerable adverseeffects on economic growth by reducing private investment and perhaps byworsening the composition of public expenditure.
Book Synopsis The Impact of Corruption on Development and Economic Performance by : Daniel Detzer
Download or read book The Impact of Corruption on Development and Economic Performance written by Daniel Detzer and published by GRIN Verlag. This book was released on 2010-07 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis CORRUPTION AND ITS IMPACT ON THE ECONOMY by : Vicente Humberto Monteverde
Download or read book CORRUPTION AND ITS IMPACT ON THE ECONOMY written by Vicente Humberto Monteverde and published by GLOBAL ACADEMY YAYINCILIK VE DANIŞMANLIK HİZMETLERİ SANAYİ TİCARET LİMİTED ŞİRKETİ. This book was released on 2022-10-25 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: CORRUPTION AND ITS IMPACT ON THE ECONOMY Ph.D. Vicente Humberto Monteverde University of Moron-Argentina Contents I. Introduction II- Corruption and its Structural Theory III-Psychology, Sociology and Culture of corruption IV-Corruption networks V-Political corruption VI-Private Corruption VII-Public Corruption VIII-The corruption in the history of the world IX-Hypothesis on corruption X-Cost of Corruption and undue benefit XI-Causes and Effects of Corruption XII-Effects of corruption on investment, economic growth and the allocation of public spending XIII-Corruption represented as a hidden tax and economic efficiency XIV-Corruption represented as a natural phenomenon and positive externality XV-Corruption represented by different economic models XVI-Effects of corruption on fiscal and economic variables XVII-General Conclusions XVIII-Bibliography
Book Synopsis Policy Reform, Economic Growth, and the Digital Divide by : Susmita Dasgupta
Download or read book Policy Reform, Economic Growth, and the Digital Divide written by Susmita Dasgupta and published by World Bank Publications. This book was released on 2001 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The digital divide reflects a gap in telecom access, not lower propensity to use the internet in poor countries. Promoting access for poor households will help, but pro-competitive policy holds the key to rapid progress in narrowing the divide.
Book Synopsis The Measurement and Macro-Relevance of Corruption: A Big Data Approach by : Sandile Hlatshwayo
Download or read book The Measurement and Macro-Relevance of Corruption: A Big Data Approach written by Sandile Hlatshwayo and published by International Monetary Fund. This book was released on 2018-08-31 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption is macro-relevant for many countries, but is often hidden, making measurement of it—and its effects—inherently difficult. Existing indicators suffer from several weaknesses, including a lack of time variation due to the sticky nature of perception-based measures, reliance on a limited pool of experts, and an inability to distinguish between corruption and institutional capacity gaps. This paper attempts to address these limitations by leveraging news media coverage of corruption. We contribute to the literature by constructing the first big data, cross-country news flow indices of corruption (NIC) and anti-corruption (anti-NIC) by running country-specific search algorithms over more than 665 million international news articles. These indices correlate well with existing measures of corruption but offer additional richness in their time-series variation. Drawing on theory from the corporate finance and behavioral economics literature, we also test to what extent news about corruption and anti-corruption efforts affects economic agents’ assessments of corruption and, in turn, economic outcomes. We find that NIC shocks appear to negatively impact both financial (e.g., stock market returns and yield spreads) and real variables (e.g., growth), albeit with some country heterogeneity. On average, NIC shocks lower real per capita GDP growth by 3 percentage points over a two-year period, illustrating persistence in the effect of such shocks. Conversely, there is suggestive evidence that anti-NIC efforts appear to have a sustained positive macro impact only when paired with meaningful institutional strengthening, proxied by capacity development efforts.
Author :International Institute of Public Finance. Congress Publisher :Springer Science & Business Media ISBN 13 :9784431702221 Total Pages :356 pages Book Rating :4.7/5 (22 download)
Book Synopsis The Welfare State, Public Investment, and Growth by : International Institute of Public Finance. Congress
Download or read book The Welfare State, Public Investment, and Growth written by International Institute of Public Finance. Congress and published by Springer Science & Business Media. This book was released on 1998 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current state of research in the international public finance field is elucidated in the fifteen papers collected in this volume, selected from among the more than 200 that were presented at the 53rd Congress of the International Institute of Public Finance held in Kyoto, Japan, in August 1997. The collection assembled here is not intended to comprise a proceedings of the Congress but, rather, presents the ideas of eminent scholars in seven areas of current research in the international public finance field: The Welfare State, Public Investment and Economic Growth, Inter-Governmental Relations, Tax Competition and Foreign Direct Investment, Foreign Investment in Transitional Economies-Russia and China, and Equalization Transfer Systems in Japan and Australia. The highlight of the Congress was the brilliant debate between two of the greatest authorities in the area of public finance, James M. Buchanan and Richard A. Musgrave, whose papers form the opening section of the volume.
Book Synopsis Political Corruption by : Michael Johnston
Download or read book Political Corruption written by Michael Johnston and published by Routledge. This book was released on 2017-07-12 with total page 850 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption is once again high on the international policy agenda as a result of globalization, the spread of democracy, and major scandals and reform initiatives. But the concept itself has been a focus for social scientists for many years, and new findings and data take on richer meanings when viewed in the context of long-term developments and enduring conceptual debates. This compendium, a much-enriched version of a work that has been a standard reference in the field since 1970, offers concepts, cases, and fresh evidence for comparative analysis. Building on a nucleus of classic studies laying out the nature and development of the concept of corruption, the book also incorporates recent work on economic, cultural, and linguistic dimensions of the problem, as well as critical analyses of several approaches to reform. While many authors are political scientists, work by historians, economists, and sociologists are strongly represented. Two-thirds of the nearly fifty articles are based either on studies especially written or translated for this volume, or on selected journal literature published in the 1990s. The tendency to treat corruption as merely a synonym for bribery is illuminated by analyses of the diverse terminology and linguistic techniques that help distinguish corruption problems in the major languages. Recent attempts to measure corruption, and to analyze its causes and effects quantitatively are also critically examined. New contributions emphasize especially: corruption phenomena in Asia and Africa; contrasts among region and regime types; comparing U.S. state corruption incidence; European Party finance and corruption; assessments of international corruption rating project; analyses of international corruption control treaties; unintended consequences of anti-corruption efforts. Cumulatively, the book combines description richness, analytical thrust, conceptual awareness, and contextual articulation.
Book Synopsis Does Corruption Affect Income Inequality and Poverty? by : Mr.Sanjeev Gupta
Download or read book Does Corruption Affect Income Inequality and Poverty? written by Mr.Sanjeev Gupta and published by International Monetary Fund. This book was released on 1998-05-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Why Worry About Corruption? by : International Monetary Fund
Download or read book Why Worry About Corruption? written by International Monetary Fund and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pamphlet focuses exclusively on corrupt public practices. It liststhe potential causes and consequences of public corruption and presentsrecent evidence on the extent to which corruption affects investment, economic growth, and government expenditure choices. The evidence presented here suggests that corruption may have considerable adverseeffects on economic growth by reducing private investment and perhaps byworsening the composition of public expenditure.
Book Synopsis Roads to Nowhere by : International Monetary Fund
Download or read book Roads to Nowhere written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-03-31 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: In some countries, corrupt politicians appear to choose investment projects based on the opportunity for bribes and kickbacks these projectspresent. This paper contends that such corruption increases the numberof capital projects undertaken and trends to enlarge their size andcomplexity. The result is that, paradoxically, some public investmentcan end up reducing a country's growth.
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.
