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Corruption And Bribery In The Nigerian Economy: An Empirical Investigation

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  • DR. GODWIN CHUKWUDUM NWAOBI

    (QUANTITATIVE ECONOMIC RESEARCH BUREAU NIGERIA)

Abstract

Nigeria is going through a difficult political and economic transition after decades of independence.Yet, Nigeria remains a society rich in cultural, linguistic, religious, ethnic and political diversity. Today, the average Nigerian struggles hard to make ends meet; sees himself or herself as being poorer than he or she was previously; and finds it hard to be hopeful that things will get better soon. It is against this background that this paper sets out to increase the knowledge about state capacity in Nigeria by taking stock of economic and governance issues. Using a simple growth model, we illustrate the interrelationships between natural resources, corruption and economic growth in Nigeria. We proposed anti-corruption policies for Nigeria and argued that building global integrity is imperative for a transparent modern economy.

Suggested Citation

  • Dr. Godwin Chukwudum Nwaobi, 2004. "Corruption And Bribery In The Nigerian Economy: An Empirical Investigation," Public Economics 0404006, EconWPA.
  • Handle: RePEc:wpa:wuwppe:0404006
    Note: Type of Document - pdf; pages: 120. DRAFT RESEARCH PAPER FOR PROFESSIONAL COMMENTS
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    File URL: http://econwpa.repec.org/eps/pe/papers/0404/0404006.pdf
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    References listed on IDEAS

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    1. Godwin Chukwudum Nwaobi, 2003. "Solving The Poverty Crisis In Nigeria: An Applied General Equilibrium Approach," Computational Economics 0312003, EconWPA.
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    More about this item

    Keywords

    ECONOMIC GROWTH; NEOCLASSICAL ECONOMIC GROWTH; NATURAL RESOURCES; CORRUPTION; BRIBERY; GOVERNANCE; NIGERIAN ECONOMY;

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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