Wpływ korupcji na podstawowe zmienne makroekonomiczne na przykładzie państw europejskich
Impact of corruption on basic macroeconomic variables on the example of European countries

Author(s): Anna Maria Pluskota
Subject(s): Politics / Political Sciences, Economy, Supranational / Global Economy, Business Economy / Management, Corruption - Transparency - Anti-Corruption
Published by: Wydawnictwo Uniwersytetu Łódzkiego
Keywords: corruption; economic growth; investment; entrepreneurship
Summary/Abstract: The paper discusses theories of the impact of bribery on selected macroeconomic quantities. The most important views on the impact of bribery on the economy are presented. Key arguments for both positive and negative effects of corruption on the economy were presented. The author also discussed the topic of the optimal level of bribery. The theoretical arguments for the impact of bribery on the economy were supported by a review of studies conducted on the impact of corruption on selected macroeconomic variables. The concept of non-linear effects of corruption on basic macroeconomic quantities can well reconcile the theoretical arguments postulating the negative impact of bribery on the economy and the possibility of positive effects of bribery on the economy. On the one hand, it is significant that controlling bribery promotes economic growth, encourages investment, attracts new technologies, and consequently leads to poverty reduction. On the other hand, it is a fact that the complete elimination of corruption is not possible, and theories about the possibility of positive effects in economic terms of corruption are reasonable. The dispute over whether bribery harms or supports the economy is perhaps the most significant dispute presented in the literature on the impact of corruption.

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