Corruption as an obstacle to development in developing countries: a review of literature.

Simple item page
dc.contributor.authorOlatunde, J.O
dc.date.accessioned2017-10-11T09:25:52Z
dc.date.available2017-10-11T09:25:52Z
dc.date.issued1997
dc.descriptionTo access the full text of this article, kindly contact the University Librarian- Dr. Olukemi Fadehan via the administrators: Dr. Yetunde Zaid (yzaid@unilag.edu.ng) or Dr. Christopher Okiki (cokiki@unilag.edu.ng) of the University of Lagos Library.en_US
dc.description.abstractContemporary literature has paid scholarly attention to corruption from a variety of competing perspectives. However, broader accounts of the impact of corruption on development in developing countries are relatively scarce. The purpose of this paper is to examine the effect of corruption as a social impediment to development, which has a devastating effect on developing countries. The paper explores the relevant literature and the different perspectives that have been developed and conducted for investigating corruption in developing countries. The paper uses publicly available evidence to show that political, economic elite engaged in corrupt practiceThe evidence shows that socio‐political and economic development, politics, power, history and globalisation have continued to reproduce and transform the institutional structures and actors which have facilitated corrupt practices in developing countries. The review shows that large sums of government revenue have been undermined by the corrupt practices of the political and economic elite (both local and international), which have enriched a few, but impoverished most.The paper seeks to bring the anti‐social activities of political, economic and professionals under scrutiny and offers some suggestions for reforms.Corruption has played a major role in causing serious damage to the economic and social landscape in developing countries. This in turn, has undermined social welfare and also investment in the public services, thereby eroding the quality of life and producing a decline in average life expectancy. The paper is a general review of literature and evidence on contemporary issues.en_US
dc.identifier.citationOlatunde, J.O (1997), Corruption as an obstacle to development in developing countries: a review of literature. Journal of Money Laundering Control, vol.14 (4), pp.387-422..en_US
dc.identifier.issn1368-5201
dc.identifier.issnhttp://www.emeraldinsight.com/doi/abs/10.1108/13685201111173857
dc.identifier.issnhttps://doi.org/10.1108/13685201111173857
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/2108
dc.language.isoenen_US
dc.subjectCorruptionen_US
dc.subjectEconomic developmenten_US
dc.subjectDeveloping countriesen_US
dc.subjectMultinational companiesen_US
dc.titleCorruption as an obstacle to development in developing countries: a review of literature.en_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Corruption as an obstacle to development in developing countries- a review of literature.pdf
Size:
347.73 KB
Format:
Adobe Portable Document Format
Description:
Abstract
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Accounting-Scholarly Publications