The Persistence of Corruption and Slow Economic Growth by Paolo Mauro IMF Staff Papers: A Review

Alternative Title

The Persistence of Corruption and Slow Economic Growth by Paolo Mauro IMF Staff Papers, Vol. 51, No. 1, 2004

Authors

A. U. Musa, Central Bank of NigeriaFollow

Publisher

Central Bank of Nigeria

Keywords

Corruption, Economic Growth

Abstract

The author listed two classical corruption practice that has impeded on economic growth i.e. (i) the individual bureaucrat who allocates his labour services between productive activity and theft of government resources in a classical case of portfolio adjustment and (ii) the corrupt politician who sets a bribe collection system (a bribe rate) with the maximization of utility as his goal vis-Ã -vis similar decisions by fellow politicians.

Author Bio

The reviewer Musa, A. U. is an Economist in the Research and Statistics Department, CBN, Abuja.

Publication Title

CBN Economic and Financial Review

Issue

1

Volume

45

Recommended Citation

Musa, A. U. (2007). The Persistence of Corruption and Slow Economic Growth by Paolo Mauro IMF Staff Papers: A Review. CBN Economic and Financial Review. 45(1), 79-84.