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The Impact of Corruption on Third World Development
Author(s) -
Osterfeld David
Publication year - 1988
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1988.tb01577.x
Subject(s) - language change , third world , development economics , economics , market economy , business , political science , literature , art
What are the effects of corruption in the Third World? David Osterfeld claims that in many LDCs corruption allows market forces to operate, while it may frustrate market forces in advanced countries.