Corruption, Structural Reforms, and Economic Performance in the Transition Economies /

Recent studies have highlighted the adverse impact of corruption on economic performance. This paper advances the hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that provides deeper insights into economic performance than d...

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Dettagli Bibliografici
Autore principale: Abed, George
Altri autori: Davoodi, Hamid
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2000.
Serie:IMF Working Papers; Working Paper ; No. 2000/132
Accesso online:Full text available on IMF
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520 3 |a Recent studies have highlighted the adverse impact of corruption on economic performance. This paper advances the hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that provides deeper insights into economic performance than do measures of 'perceived corruption.' The hypothesis is tested by assessing the relative importance of structural reforms vs. corruption in explaining macroeconomic performance in the transition economies. The paper finds that for four widely used measures of economic performance-growth, inflation, the fiscal balance, and foreign direct investment-structural reforms tend to dominate the corruption variable. 
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700 1 |a Davoodi, Hamid. 
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