Corruption and Development

Jean-Jacques Laffont

in Understanding Poverty

Published in print May 2006 | ISBN: 9780195305197
Published online September 2006 | e-ISBN: 9780199783519 | DOI:
 Corruption and Development

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This essay explores why corruption is so widespread in developing countries. It is organized into three sections. The first section argues that a theory of corruption is needed in order to answer this question. The second section presents a theory linking corruption and development. The third section empirically documents the correlation between development and corruption.

Keywords: developing countries; correlation; GNP

Chapter.  2495 words.  Illustrated.

Subjects: Economic Development and Growth

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