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An Application Of Economic Norms Theory To Brazilian Corruption, Nina B. Neto
An Application Of Economic Norms Theory To Brazilian Corruption, Nina B. Neto
Honors Undergraduate Theses
This study aims to explore the relationship between clientelistic economies and systemic corruption under the framework of Economic Norms Theory. Pointedly, it examines the evolution of contractual mortgage credit as a percentage of GDP (representing the growth of a non-self-enforcing contract market) compared to both actual and perceived levels of corruption in Brazil in order to assess whether Brazil is exemplary of a transitioning economy under the theory of Economic Norms. The hypothesis of this paper is two-fold. First, I expect that as mortgage credit as a percentage of GDP generally increases, actual corruption will decrease. Secondly, I expect that …