Corruption and economic growth: the case of the Democratic Republic of the Congo.

sanders, zagabe and Mazibuko, Molebogeng (2023): Corruption and economic growth: the case of the Democratic Republic of the Congo.

Abstract

Corruption is one of the most ancient phenomena among men, and it has been established as a culture in most nations of the world. Scholars are divided when it comes to the effects of corruption the on economic growth and development of a nation. The first school of thought considered corruption a facilitator of economic growth by speeding the obtaining of authorizations from public officials. The second school views corruption as sand in the wheel because it prevents private investments and increases the cost of productivity. This study is a review of academic works and official documentation to show the effect of corruption on a country’s social and economic structure. In addition, this study showcases the motives that sustain this practice at the head of state and its social consequences in human interactions. Also, this paper demonstrated how most policies adopted in the Democratic Republic of the Congo have not been implemented as a result of the political pressure under which the appointed bodies work.

• Item Type: MPRA Paper
• English Title: Corruption and economic growth: the case of the Democratic Republic of Congo.
• Language: English
• Keywords: Keywords: corruption, economic growth, public officials, development, governance.
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O43 - Institutions and Growth

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