Journal of Public Policy and Administration

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Influence of Corruption on Economic Development in Nigeria

Received: 12 May 2017    Accepted: 27 May 2017    Published: 10 July 2017
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Abstract

A vital aspect of economic analysis lies in its wealth of tools. These tools often enable economists to widen the frontiers of their analytical concerns to issues that have important economic implications, even though they may not be strictly economic in nature. Corruption is an example of such an issue. The effect or magnitude of corruption had varied among different societies and in different historical epochs. In recent times, this issue has assumed such a salient dimension as a social problem in some Less Developed Countries that discussion of it cannot be ignored in a paper of this nature. It is the writer’s contentions that economics analysis is particularly well equipped to study the complicities of corruption because it can generate more comprehensive operational policy proposal for its solution. In this paper, therefore this study intend to define corruption, economic effects of corruption, corruption on development, Nature of corruption in Nigeria, causes of corruption, consequences of corruption, economic development, political and social development, the out of corruption.

DOI 10.11648/j.jppa.20170101.12
Published in Journal of Public Policy and Administration (Volume 1, Issue 1, September 2017)
Page(s) 10-21
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Corruption Rank, Economic Development, Economic Growth, Nigeria

References
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Author Information
  • Department of Management, School of Management Science, Heritage Polytechnic, Eket, Nigeria

  • Department of Economics, University of Uyo, Uyo, Nigeria

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    Augustine Okon Jacob, Okon Joseph Umoh. (2017). Influence of Corruption on Economic Development in Nigeria. Journal of Public Policy and Administration, 1(1), 10-21. https://doi.org/10.11648/j.jppa.20170101.12

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    Augustine Okon Jacob; Okon Joseph Umoh. Influence of Corruption on Economic Development in Nigeria. J. Public Policy Adm. 2017, 1(1), 10-21. doi: 10.11648/j.jppa.20170101.12

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    Augustine Okon Jacob, Okon Joseph Umoh. Influence of Corruption on Economic Development in Nigeria. J Public Policy Adm. 2017;1(1):10-21. doi: 10.11648/j.jppa.20170101.12

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  • @article{10.11648/j.jppa.20170101.12,
      author = {Augustine Okon Jacob and Okon Joseph Umoh},
      title = {Influence of Corruption on Economic Development in Nigeria},
      journal = {Journal of Public Policy and Administration},
      volume = {1},
      number = {1},
      pages = {10-21},
      doi = {10.11648/j.jppa.20170101.12},
      url = {https://doi.org/10.11648/j.jppa.20170101.12},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.jppa.20170101.12},
      abstract = {A vital aspect of economic analysis lies in its wealth of tools. These tools often enable economists to widen the frontiers of their analytical concerns to issues that have important economic implications, even though they may not be strictly economic in nature. Corruption is an example of such an issue. The effect or magnitude of corruption had varied among different societies and in different historical epochs. In recent times, this issue has assumed such a salient dimension as a social problem in some Less Developed Countries that discussion of it cannot be ignored in a paper of this nature. It is the writer’s contentions that economics analysis is particularly well equipped to study the complicities of corruption because it can generate more comprehensive operational policy proposal for its solution. In this paper, therefore this study intend to define corruption, economic effects of corruption, corruption on development, Nature of corruption in Nigeria, causes of corruption, consequences of corruption, economic development, political and social development, the out of corruption.},
     year = {2017}
    }
    

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    AB  - A vital aspect of economic analysis lies in its wealth of tools. These tools often enable economists to widen the frontiers of their analytical concerns to issues that have important economic implications, even though they may not be strictly economic in nature. Corruption is an example of such an issue. The effect or magnitude of corruption had varied among different societies and in different historical epochs. In recent times, this issue has assumed such a salient dimension as a social problem in some Less Developed Countries that discussion of it cannot be ignored in a paper of this nature. It is the writer’s contentions that economics analysis is particularly well equipped to study the complicities of corruption because it can generate more comprehensive operational policy proposal for its solution. In this paper, therefore this study intend to define corruption, economic effects of corruption, corruption on development, Nature of corruption in Nigeria, causes of corruption, consequences of corruption, economic development, political and social development, the out of corruption.
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