Corruption, Inequality and Economic Growth

Ambar Rabnawaz ()

MPRA Paper from University Library of Munich, Germany

Abstract: Corruption is worst curse of social system, which ruins all values of community and derails badly. It causes inequality in the whole chain, due to which some parties get too much profit, while other becomes miserable, leading to several street crimes as well as moral devaluations. Due to corruption and inequality, the economic growth is poorly affected, leading to imbalance in the society, causing lack of demand in the market, opportunities of labor and misbehavior of customers. Public can not avail proper advantages of capital movement in the society, and there is no proper regulation of taxation, due to that economic growth also become stuck at low levels.

Keywords: Corruption; inequality; economic growth; society; tax (search for similar items in EconPapers)
JEL-codes: A1 D8 D80 (search for similar items in EconPapers)
Date: 2015, Revised 2015
New Economics Papers: this item is included in nep-gro and nep-pke
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Published in Developing Country Studies 15.5(2015): pp. 106-111

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