CORRUPTION AND BRIBERY IN THE NIGERIAN ECONOMY: AN EMPIRICAL INVESTIGATION

PROF Godwin Chukwudum Nwaobi ()

Public Economics from EconWPA

Abstract: Nigeria is going through a difficult political and economic transition after decades of independence.Yet, Nigeria remains a society rich in cultural, linguistic, religious, ethnic and political diversity. Today, the average Nigerian struggles hard to make ends meet; sees himself or herself as being poorer than he or she was previously; and finds it hard to be hopeful that things will get better soon. It is against this background that this paper sets out to increase the knowledge about state capacity in Nigeria by taking stock of economic and governance issues. Using a simple growth model, we illustrate the interrelationships between natural resources, corruption and economic growth in Nigeria. We proposed anti-corruption policies for Nigeria and argued that building global integrity is imperative for a transparent modern economy.

Keywords: ECONOMIC GROWTH; NEOCLASSICAL ECONOMIC GROWTH; NATURAL RESOURCES; CORRUPTION; BRIBERY; GOVERNANCE; NIGERIAN ECONOMY (search for similar items in EconPapers)
JEL-codes: Q4 Q32 D73 H3 K00 O1 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-pbe
Date: 2004-04-16
Note: Type of Document - pdf; pages: 120. DRAFT RESEARCH PAPER FOR PROFESSIONAL COMMENTS
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwppe:0404006

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