The Effects of Corruption on Growth, Investment, and Government Expenditure

Author: Mr. Paolo Mauro

This paper discusses the possible causes and consequences of corruption.

Volume/Issue: Volume 1996 Issue 098

Publication date: September 1996

ISBN: 9781451852097

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Topics covered in this book

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Public Finance , WP , government , economic growth , country , government policy , consumption expenditure , government transfer payments , corrupt government , government institution , Corruption , Expenditure composition , Education spending , Total expenditures

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Summary

This paper discusses the possible causes and consequences of corruption. It provides a synthetic review of recent studies that analyze this phenomenon empirically. In addition, it presents further results on the effects of corruption on growth and investment, and new cross-country evidence on the link between corruption and the composition of government expenditure.