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Globalization (fighting), corruption and development: How are these phenomena linearly and nonlinearly related in wealth effects?

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  • Simplice Asongu

Abstract

Purpose - – Is globalization instrumental in fighting corruption? Do wealth effects matter in this fight? Are findings valid when linearity assumptions are dropped? The purpose of this paper is to assess the Lalountas Design/methodology/approach - – Though not form, yet in substance the intuition and motivation are compatible with those of Lalountas Findings - – Social implications - – In countries with high levels of per capita, emphasis is placed on the political and social dimensions of globalization and as a result the effects of this phenomenon on corruption-control are significant. Conversely, in nations with low levels of per capita income, emphasis is given to the economic dimension of international integration and as a result the effect of globalization on corruption is limited. As a policy implication, persistent globalization as an effective means to reduce corruption in developing countries might lead to inappropriate policies in low-income countries. Originality/value - – This paper has tested the Lalountas

Suggested Citation

  • Simplice Asongu, 2014. "Globalization (fighting), corruption and development: How are these phenomena linearly and nonlinearly related in wealth effects?," Journal of Economic Studies, Emerald Group Publishing, vol. 41(3), pages 346-369, May.
  • Handle: RePEc:eme:jespps:v:41:y:2014:i:3:p:346-369
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    References listed on IDEAS

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    1. Simplice A., Asongu, 2011. "Finance and inequality: exploring pro-poor investment channels in Africa," MPRA Paper 34994, University Library of Munich, Germany.
    2. Asongu Simplice, 2012. "The political economy of development assistance: peril to government quality dynamics in Africa," Working Papers of the African Governance and Development Institute. 12/008, African Governance and Development Institute..
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    More about this item

    Keywords

    Africa; Corruption; Globalization; Wealth effects;

    JEL classification:

    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • F30 - International Economics - - International Finance - - - General
    • F10 - International Economics - - Trade - - - General

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