An analysis of the effect of widespread unemployment on corruption
Background. Unemployment hinders the economic growth of every country, it intensifies levels of illicit activities in every economy. An economy faces many economic as well as social problems due to unemployment and illicit activities. Objective. This study aims to analyse the effects of widespread u...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2022-12-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1630.pdf
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| Summary: | Background. Unemployment hinders the economic growth of every country, it intensifies
levels of illicit activities in every economy. An economy faces many economic as well as social
problems due to unemployment and illicit activities.
Objective. This study aims to analyse the effects of widespread unemployment on illicit activities.
Methodology. This study used panel data from about 158 countries ranging from the year 2003 to
the year 2016.
Results. Findings show unemployment has a direct and positive impact on corruption-related
activities. If the presence of unemployment is high in a particular country, it will increase
corruption-related activities and vice versa. |
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| ISSN: | 1841-8678 1844-0029 |