TAILIEUCHUNG - Corruption, Democracy, and Economic Growth

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. | 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 performance. 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 Helliwell 1994 Kurzman et al. 2002 . This does

• Kinh tế học
• Corruption
• Democracy
• Economic Growth
• education
• training
• university
• Overview of anti corruption theories and approaches
• Anti corruption theories and approaches
• Country specicic context
• Approaches mainly focus
• The environment nourishing corruption
• The world’s influential anti corruption theories
• Anti corruption policy
• Online press
• Press freedom
• Corruption perception index
• Fight against corruption in Vietnam
• Corruption and Transparency
• Money Laundering
• Straf – Corruption
• Financial Scandals
• Asset Bubbles
• Social sciences
• The great ming code
• Study on anti corruption
• Articles researched anti corruption policy
• Level of penalty
• Ming dynasty respectively
• Corruption in Nigeria
• Control of corruption
• Bound test
• Rearlier one reported in ARDL framework
• Dynamic OLS estimation
• Corruption and remittances
• Evidence from around the world
• Around the world
• The sources of corruption using panel data
• The relationship between remittances
• Bank credit
• Collusive corruption
• Principal agent
• Supervision of bank credit
• Induces serious internal collusive corruption
• Youth perceptions toward corruption and integrity
• Humanitydit destroys
• In depth interviews
• People against corruption
• Anti corruption policies
• Foreign capital flows
• Enormous external capital flows
• Foreign Direct Investment
• Endemic corruption
• Taxation
• bribery payments
• public revenues
• Emerging Impact
• Gastroenterology
• Intestinal Microbial
• Flora – Effect
• Probiotics in Newborns
• Benefits and Challenges
• star
• initiative
• fight
• illicit
• enrichment
• criminalizing
• Entrepreneurship
• thesis
• internship reports
• project course
• graduate thesis
• The cycle of transparency
• accountability corruption
• Administrative performance
• Evidence from Vietnam
• The correlation amongst transparency
• The effect of taxation
• Corruption on firm growth
• An empirical investigation
• Investigation for Vietnam
• The impact of taxation
• National security
• Challenge to national security
• Development in NigeriaNational
• Corruption as a challenge to national security
• Fight against corruption
• Ph D thesis summary
• Thesis summary PhD in Economics
• Stock market development
• The role of trade openness
• Corruption control
• Random effects
• Bureaucratic efficiency
• Summary of Jurist Doctoral thesis
• Summary of Doctoral thesis Law
• Criminology and crime prevention
• Prevention of property corruption
• Prevent property embezzlement in Vietnam
• Oil prices
• Economic growth nexus
• Governance is found in the long run
• Institutional change corruption
• E government transformation in the Philippines
• Institutional change
• Benigno simeon aquino III
• Social sciences and humanities
• Self reported experiences
• Corruption on twitter
• Unsupervised machine learning
• Natural language processing
• trung học
• học sinh
• optimal
• growth