National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Corruption and Economic Growth
Klepek, Cyril ; Běláčková, Vendula (advisor) ; Chalupníček, Pavel (referee)
The paper focuses on the issue of corruption and its affect on economic growth. In examining these effects, the study directs its attention at the European Union and is divided into two parts. In the empirical section, the results of a regressive analysis confirm the initial hypothesis of the negative effect of corruption on economic performance. The study then describes the effects of corruption on economic growth using direct and transmission mechanisms. The theoretical part of this study presents information on the problems of this phenomenon in terms of its identification and measurement. The study also considers the differing situations in European Union Member States and disproves the assumption that the EU is divided into the corrupt east and non-corrupt west. In view of the confirmation of the negative effect of corruption on GDP growth, the study presents possible solutions, which in particular call for the need for an effective and enforceable legal system.

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