TAILIEUCHUNG - Tài liệu Corruption, Democracy and Economic Growth
A. COOPER DRURY, JONATHAN KRIECKHAUS, AND MICHAEL LUSZTIG. International Political Science Review (2006), Vol 27, No. 2, 121–136. | International Political Science Review (2006), Vol 27, No. 2, 121–136 Corruption, Democracy, and Economic Growth A. COOPER DRURY, JONATHAN KRIECKHAUS, AND MICHAEL LUSZTIG ABSTRACT. Scholars have long suspected that political processes such as democracy and corruption are important factors in determining economic growth. Studies show, however, that democracy has only indirect effects on growth, while corruption is generally accepted by scholars as having a direct and negative impact on economic perfor- mance. We argue that one of democracy’s indirect benefits is its ability to mitigate the detrimental effect of corruption on economic growth. Although corruption certainly occurs in democracies, the electoral mechanism inhibits politicians from engaging in corrupt acts that damage overall economic performance and thereby jeopardize their political survival. Using time-series cross-section data for more than 100 countries from 1982–97, we show that corruption has no significant effect on economic growth in democracies, while non-democracies suffer significant economic harm from corruption. Keywords: • Corruption • Democracy • Economic growth • Political economy • States It is no great insight to proclaim that liberal democracies tend to be wealthier than non-democracies. Since the end of World War II, a great deal of scholarly effort has gone into exploring the relationship between economic growth and liberal democracy, with many pursuing an obvious explanation for their association, namely that democracy facilitates wealth by stimulating economic While intuitively appealing, reality suggests the relationship is more complicated. Indeed, a number of studies find no direct, statistically significant relationship between democracy and economic growth, although democracy appears to have important indirect influences on growth, due to its positive effect on such things as educational expenditure, life expectancy, and political stability (Baum and Lake, 2003; .
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