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

Author

Listed:
  • sanders, zagabe
  • Mazibuko, Molebogeng

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.

Suggested Citation

  • sanders, zagabe & Mazibuko, Molebogeng, 2023. "Corruption and economic growth: the case of the Democratic Republic of the Congo," MPRA Paper 121518, University Library of Munich, Germany, revised 14 Jun 2024.
    • Handle: RePEc:pra:mprapa:121518
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    File URL: https://mpra.ub.uni-muenchen.de/121518/1/MPRA_paper_121518.pdf
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    References listed on IDEAS

    as
    1. Ijaz Uddin & Khalil Ur Rahman, 2023. "Impact of corruption, unemployment and inflation on economic growth evidence from developing countries," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(3), pages 2759-2779, June.
    2. Muhammad Yusuf & C.A. Malarvizhi & Mohammad Nurul Huda Mazumder & Zhan Su, 2014. "Corruption, poverty, and economic growth relationship in the Nigerian economy," Journal of Developing Areas, Tennessee State University, College of Business, vol. 48(3), pages 95-107, July-Sept.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Keywords: corruption; economic growth; public officials; development; governance.;
    All these keywords.

    JEL classification:

    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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