The relationship between economic corruption and economic growth: a theoretical foundational study
DOI:
https://doi.org/10.31272/ipj.i55.184Keywords:
Economic Corruption, Economic Theory And Analysis, Economic GrowthAbstract
Economic corruption is not only a crisis from which countries suffer, but a generator of multiple crises at all political, economic, and social levels, because of its great impact on the process of economic growth. There are forms of economic corruption that gnaw through the body of the state and strike its economic foundations and thus stand as an obstacle to their growth and economic progress. Accordingly, the negative effects of economic corruption (bribery and embezzlement, industrial and merchant fraud, money laundering) on economic growth through national income, and these effects are multiply according to the theory. The multiplier and the accelerator within the macroeconomic anchors.
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