The persistence of corruption and slow economic growth: a review
Loading...
Date
2007-03
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Central Bank of Nigeria, Research Department
Abstract
The paper considers that corruption and all aspects of poor governance and weak institutions have significant adverse effects on economic growth and welfare.The paper’s objective is to study, formally, these interactions among the individuals engaged in corruption, and between the individual and the corrupt political class. In doing this, two models involving strategic complementarities that lead to multiple equilibrium were used to show these relationships.
Description
Keywords
Corruption, Economic growth
Citation
Musa, A. U. (2007). The persistence of corruption and slow economic growth: a review. CBN Economic and Financial Review, 45(4), 79-84.