Corruption, globalization and development: How are these three phenomena related?

This paper examines the existence of any relations between globalization and corruption using cross-section data for 127 countries. The estimation results indicate that, under the assumption of a linear model, a positive correlation between corruption and globalization exists, while when linearity i...

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Bibliographic Details
Published in:Journal of policy modeling 2011-07, Vol.33 (4), p.636-648
Main Authors: Lalountas, Dionisios A., Manolas, George A., Vavouras, Ioannis S.
Format: Article
Language:English
Subjects:
Anti-corruption policies
Correlation
Corruption
Corruption Globalization Anti-corruption policies Public sector Institutional reforms
Cross-sectional analysis
Development
Economic analysis
Globalization
Institutional reforms
Low income
Manycountries
Policy making
Poverty
Public sector
Studies
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Summary:This paper examines the existence of any relations between globalization and corruption using cross-section data for 127 countries. The estimation results indicate that, under the assumption of a linear model, a positive correlation between corruption and globalization exists, while when linearity is dropped there seems to be no significant effect of globalization on corruption. According to our analysis, linearity is a good approximation only for middle and high income countries. Hence, our main conclusion is that globalization is a powerful weapon against corruption only for middle and high income countries, while for low income countries globalization has no significant impact on corruption. For such countries fighting corruption requires additional global action aiming at the reduction of poverty.
ISSN:0161-8938
1873-8060
DOI:10.1016/j.jpolmod.2011.02.001