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Slapping the Grasping Hand
Author(s) -
Goldsmith Arthur A.
Publication year - 1999
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/j.1536-7150.1999.tb03398.x
Subject(s) - democratization , transparency (behavior) , language change , liberalization , politics , index (typography) , international community , political corruption , economics , political science , developing country , political economy , development economics , international economics , democracy , market economy , economic growth , law , literature , world wide web , computer science , art
A bstract The international community is redoubling efforts to curb political corruption in the developing and transitional economies. The consensus now is that the abuse of public office stunts economic growth, replacing a formerly dominant view that the effect is neutral or positive. Corruption's political correlates, however, are seldom studied empirically. Using Transparency International's recently developed index of perceived corruption. this paper explores this issue by regression analysis in a sample of less‐developed countries. Economic liberalization, political democratization, and administrative centralization are associated with lower degrees of political corruption.