Long-Term Effects of Corruption Control and Economic Freedom on Economic Growth

Leite, Natanael Soares; Lúcio, Francisco Germano Carvalho; Ferreira, Roberto Tatiwa

doi:10.4236/tel.2019.98183

Cited by 14 publications

(3 citation statements)

References 34 publications

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“…Atangana (2013) proves, through GMM, that corruption can trigger economic growth in resource-rich countries that apply democratic principles. Leite et al (2019) who reveals that corruption has a positive effect on growth supported this idea. Jalilian et al (2007) explore the role of regulation in economic outcomes using the fixed effect method.…”

Section: Theoretical Literaturementioning

confidence: 87%

Effects of Governance on Growth in the Central Africa Economic and Monetary Community (CAEMC)

Mbingui¹,

Owonda²,

Tsinkonda³

2021

JSS

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The purpose of this study is to highlight the effects of governance indicators on the growth of CAEMC countries' economies. The analysis conducted using panel data econometrics, in accordance with the generalized method of moments, over a period from 2002 to 2015, showed that corruption, bureaucratic quality and political instability negatively influence the growth of CAEMC countries' economies. In contrast, regulatory quality, rule of law, and citizen voice and accountability had a positive impact on the growth of CAEMC economies. These results have given rise to economic policy implications.

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Section: Theoretical Literaturementioning

confidence: 87%

Effects of Governance on Growth in the Central Africa Economic and Monetary Community (CAEMC)

Mbingui¹,

Owonda²,

Tsinkonda³

2021

JSS

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“…His findings indicate that economic freedoms have a significant impact on GDP per capita, and he suggests ways in which these freedoms can be implemented to achieve greater economic growth. Leite et al (2019) demonstrated in their research that corruption control and economic freedom have an effect on the economic growth of a society. This suggests that societies aiming for significant economic growth must have a positive impact on economic freedoms.…”

Section: Research Hypothesismentioning

confidence: 99%

Innovative Solutions for Economic Growth: Exploring the Impact of Economic Freedoms on Foreign Direct Investment Attraction

Štilić,

Mastilo,

Vuković

et al. 2023

Economics

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Economic freedoms are essential for the growth and development of countries, but their distribution varies across nations, resulting in differences in economic growth. This study aims to explore the impact of economic freedoms on economic growth, measured by gross domestic product (GDP) per capita and foreign direct investment (FDI) inflow, by examining the influence of institutional quality. Economic freedom indicators were obtained from the 2022 report by the Heritage Foundation, and GDP per capita and FDI indicators were sourced from the World Bank report. This study employs multivariate regression analysis to investigate the relationship between economic freedoms and economic growth. The findings suggest that economic freedoms have a positive effect on both GDP per capita growth and FDI inflow. Government integrity was found to be the primary indicator for GDP per capita growth, while Business freedom was identified as the key factor in attracting FDI. The implications of these results are significant, as they can inform policy decisions aimed at improving the standard of living by increasing GDP per capita and creating employment opportunities through FDI.

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“…Excessive bureaucracy hinders effective personnel policy (Ondo, 2017). The high level of personnel security is evidenced by the level of the economy openness, as a consequence of the country's transition to a market economy, and the growth of economic freedom (Leite, Carvalho Lucio, Ferreira, 2019). The institutional mechanism for combating corruption leads to quality institutions and economic freedom, a democratic country; these factors are prerequisites for personnel security (Hua,2013).…”

Section: Myroslav Kryshtanovych Nataliya Oliinyk Tetiana Skliaruk Oleksandra Voityk Iryna Doronina Problems O F Shaping the Business Envmentioning

confidence: 99%

Problems of shaping the business environment in countries with economies in transition: aspects of anticorruption

Kryshtanovych

Oliinyk

Skliaruk

et al. 2021

Management Theory and Studies for Rural Business and Infrastructure Development

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Personnel is the main resource, potential, the basis for the formation of the entire state administration apparatus, and therefore play an important role. The quality of reforms, the quality of the public administration system, as well as the formation of a positive image of the state depend on the quality, professionalism, continuous development of personnel and human resources. The purpose of the article is to analyze the activities of the state in the context of protecting personnel security, depending on the quality of their regulation and control of corruption in the business environment. The research is based on theories of human resources' management in business environment development institutions and theories of public administration, which make it possible to form new knowledge about the integration of management control concepts into the practice of human resources' management. The results of the research can be used in public authorities. The formed regression equation of public administration efficiency is estimated depending on the quality of the regulatory environment and the level of the fight against corruption in countries with economies in transition with a high level of adequacy, and a corresponding analysis is carried out. The research takes place in the field of public administration and is aimed at protecting the business environment from the corruption component by developing personnel security. The author's contribution consists in a comprehensive analysis and systematization of data from various sources of information. In the course of the study, the method of theoretical research and systematization was used, which made it possible to form data in the most convenient way and draw appropriate conclusions.

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Long-Term Effects of Corruption Control and Economic Freedom on Economic Growth

Cited by 14 publications

References 34 publications

Effects of Governance on Growth in the Central Africa Economic and Monetary Community (CAEMC)

Effects of Governance on Growth in the Central Africa Economic and Monetary Community (CAEMC)

Innovative Solutions for Economic Growth: Exploring the Impact of Economic Freedoms on Foreign Direct Investment Attraction

Problems of shaping the business environment in countries with economies in transition: aspects of anticorruption

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