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Reflexões do Impacto da Corrupção no Desenvolvimento Econômico: Uma Revisão na Economia Brasileira
[Reflections on the Impact of Corruption on Economic Development: a literature review in the Brazilian Economy]

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Author Info
Iquiapaza, Robert
Amaral, Hudson

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Abstract

The corruption is a phenomenon present in different degrees in all countries around the world. In this revision article the objective was to identify the theoretical explanations of corruption and their consequences on the economic development. First, it is verified the difficulty of measurement given its illegal and secret nature. The causes can be multiple, but the literature reveals the inexistence of a solid theoretical approach. However, behavioral models and the principal-agent relationship approaches stand out in economics and political science. There is no doubt in associating the corruption to the lower economic development, that results as a consequence of the introduction of inefficiencies on investments fall in the potential product and increases the interest rate. These characteristics seem to coincide with the reality observed during the actual millennium in the Brazilian economy; without misunderstanding it results in a pernicious combination and generating of social inequalities.

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File URL: http://mpra.ub.uni-muenchen.de/1818/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 1818.

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Date of creation: Jan 2007
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Handle: RePEc:pra:mprapa:1818

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Related research
Keywords: Keywords: Economic development; corruption; Economic; Brazil.;

Find related papers by JEL classification:
D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
O1 - Economic Development, Technological Change, and Growth - - Economic Development

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  1. La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei & Vishny, Robert, 1999. "The Quality of Government," Journal of Law, Economics and Organization, Oxford University Press, vol. 15(1), pages 222-79, April.
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  2. Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 681-712, August. [Downloadable!] (restricted)
  3. Blackburn, Keith & Bose, Niloy & Emranul Haque, M., 2006. "The incidence and persistence of corruption in economic development," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2447-2467, December. [Downloadable!] (restricted)
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  4. Patrick Meagher, 2005. "Anti-corruption agencies: Rhetoric Versus reality," Journal of Policy Reform, Taylor and Francis Journals, vol. 8(1), pages 69-103, March. [Downloadable!] (restricted)
  5. Banfield, Edward C, 1975. "Corruption as a Feature of Governmental Organization," Journal of Law & Economics, University of Chicago Press, vol. 18(3), pages 587-605, December.
  6. Treisman, Daniel, 2000. "The causes of corruption: a cross-national study," Journal of Public Economics, Elsevier, vol. 76(3), pages 399-457, June. [Downloadable!] (restricted)
  7. Toke S. Aidt, 2003. "Economic analysis of corruption: a survey," Economic Journal, Royal Economic Society, vol. 113(491), pages F632-F652, November. [Downloadable!] (restricted)
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