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This paper evaluates the impact of corruption on economic sphere , with special emphasis on inward foreign direct investment (FDI ), as investment is one of the main factors of economic performance . The impact of corruption on FDI inflows is studied globally . Based on the research of contemporary literature , it was found that the level of corruption has not clear negative impact on FDI , what is leading to the formulation of the research objectives of this work . The results confirm the 88 countries for the years 2000, 2005 and 2011 , the existence of a negative relationship between the level of corruption and FDI inflows , this is a statistically significant relationship and it is this relationship further quantified within the regression model. In conclusion , it is proposed to include additional explanatory variables in addition to the degree of corruption to understanding the causes FDI inflows.

Corruption and its Influence on Economy with Focus on Inflow of Foreign Direct Investment