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Does corruption influence the sustainability of economic growth?
[journal article]
Abstract Sustainable development is a term that is
widely used by politicians nowadays. The definition
of the concept of sustainable development
is constantly revised. Sustainable development
is about promoting an integrated approach.
It includes economic, social and environmental
objectives. Economic ... view more
Sustainable development is a term that is
widely used by politicians nowadays. The definition
of the concept of sustainable development
is constantly revised. Sustainable development
is about promoting an integrated approach.
It includes economic, social and environmental
objectives. Economic objectives
include growth, efficiency and stability.
The main purpose of the article is to analyze
the influences of corruption on sustainable
economic growth. The impact is decreasing
continuously and the main reason behind
this is the change in peoples’ attitude and saturation
to ethically questionable actions. Individuals
and organizations can join in sharing
resources for creating a sustainable future.
There are several factors that influence
sustainable development. Among them are:
government policies; management and organization;
financial and economic factors.
The main question for institutional sustainability
may be formulated as the following:
can the strengthened institutional structure
continue to deliver the results of technical
cooperation to the ultimate end-users? Individuals
and organizations can join in sharing
resources for creating a sustainable future.
Anticorruption strategies are related to
the reform of state institutions. One advantage
of the fundamental economic reform approach
is that by linking anticorruption strategies
to the reform of economic policies and
institutions, the struggle against corruption
can be seen as one of the issues in economic
policy. Finally, all development assistance
should be implemented with the aim of achieving
sustainable benefits.... view less
Keywords
economic growth; sustainable development; governance; corruption
Classification
National Economy
Criminal Sociology, Sociology of Law
Document language
English
Publication Year
2011
Page/Pages
p. 40-48
Journal
Baltic Region (2011) 4
DOI
https://doi.org/10.5922/2079-8555-2011-4-5
ISSN
2079-8555
Status
Published Version; peer reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works