Social and Behavioral Sciences Commons^™

Corruption Improves Efficiency: An Erroneous Belief, Naved Ahmad

Business Review

Corruption plays a destructive role in the progress and development of any society. Countries around the globe are facing the problem of corruption, albeit in different degrees. The topic of corruption received immense attention during the late 1990s when a stream of systematic empirical studies emerged to examine its causes and effects. Moreover, the debate on the beneficial and detrimental effects of corruption gets central position in the empirical literature.