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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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References listed on IDEAS
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  1. Arora, Ashish & Arunachalam, V. S. & Asundi, Jai & Fernandes, Ronald, 2001. "The Indian software services industry," Research Policy, Elsevier, vol. 30(8), pages 1267-1287, October. [Downloadable!] (restricted)
  2. Wolfgang Keller & Stephen R. Yeaple, 2003. "Multinational Enterprises, International Trade, and Productivity Growth: Firm-Level Evidence from the United States," IMF Working Papers 03/248, International Monetary Fund.
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  3. Maskell, Peter & Malmberg, Anders, 1999. "Localised Learning and Industrial Competitiveness," Cambridge Journal of Economics, Oxford University Press, vol. 23(2), pages 167-85, March.
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  4. Grandmot, J-M. & Pintus & P. & de Vilder, R., 1997. "Capital-Labour Substitution and Comptitive Nonlinear Endogenous Business Cycles," Papers 9787, Universite catholique de Louvain - Center for Operations Research and Economics (CORE).
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  5. Girma, Sourafel & Greenaway, David & Wakelin, Katharine, 2001. "Who Benefits from Foreign Direct Investment in the UK?," Scottish Journal of Political Economy, Scottish Economic Society, vol. 48(2), pages 119-33, May. [Downloadable!] (restricted)
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This page was last updated on 2008-11-17.

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