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Mixing Washington Consensus With Beijing Consensus And Corruption In Africa

Author

Listed:
  • OMER GOKCEKUS

    (School of Diplomacy and International Relations, Seton Hall University, USA)

  • YUI SUZUKI

    (#x2020;Faculty of Economics, Musashi University, Japan)

Abstract

In theory, trade intensity should positively affect the quality of domestic institutions and governance; the higher the economic openness, the lower the corruption. In practice, however, the growth of economic openness has not been accompanied by the expected improvements in corruption for 34 African countries between 1990 and 2009. This paper presents a plausible explanation for this conundrum. Results from panel data regression analyses indicate that a switch from trading with the Advanced Economies to trading with China increases the perceived corruption level. For instance, in a “representative” African country, a 10% point substitution from trading with the Advanced Economies to trading with China makes its ICRG corruption score decline—indicating increased corruption—by 29%.

Suggested Citation

  • Omer Gokcekus & Yui Suzuki, 2016. "Mixing Washington Consensus With Beijing Consensus And Corruption In Africa," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(02), pages 1-14, June.
  • Handle: RePEc:wsi:serxxx:v:61:y:2016:i:02:n:s0217590816400294
    DOI: 10.1142/S0217590816400294
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    References listed on IDEAS

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