Corruption is slowing economic growth in low-income countries
Saturday, September 24, 2011 - 16:30
in Health & Medicine
A significant increase in incidents of corruption is undermining the benefits of economic liberalization, according to a recent systematic review. Drawing on over 100 studies and 596 estimates on low-income and other countries, the review documents the economic impacts of corruption, and concludes that practices such as nepotism, bribery and embezzlement are slowing economic growth directly and indirectly through adverse effects on human capital and public finance.
