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Corruption in economic development - beneficial grease, minor annoyance, or major obstacle? (English)

Abstract

The author reviews the overwhelming statistical evidence that countries with high levels of corruption experience poor economic performance. Corruption hinders economic development by reducing domestic investment, discouraging foreign direct investment... See More +

Details

  • Shang-Jin Wei;
  • 1999/02/28
  • Policy Research Working Paper
  • WPS2048
  • 1
  • 1
  • 2010/07/01
  • Corruption in economic development - beneficial grease, minor annoyance, or major obstacle?
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