Corruption, Financial Development and Economic Growth: Case BRICS Countries

Corruption, Financial Development and Economic Growth: Case BRICS Countries

Foued Sabbagh

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University of Sousse

Corruption, Financial Development and Economic Growth: Case BRICS Countries

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Abstract

This article has the objective to provide a theoretical framework empirical or by a brief literature linking in particular the impact of corruption on economic growth, or the impact of financial development on economic growth, or the overall impact of corruption and of financial development on economic growth. Some studies have shown a positive relationship or negative between these causal relation relations and interaction. This study is estimated on the basis of the annual data relating to five countries BRICS, observed during the period from 2000 to 2012, and using the method of least ordinary square (OLS) of panel dynamic. The results of the estimation show that there is a significant relationship positive or negative between corruption, the financial development and economic growth. This relationship and more and more intense for the role of the institutional framework and the financial system of the BRICS countries.

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The authors declare no conflict of interest.

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How to Cite This Article

Foued Sabbagh. 2017. \u201cCorruption, Financial Development and Economic Growth: Case BRICS Countries\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 17 (GJMBR Volume 17 Issue C5).

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GJMBR Volume 17 Issue C5

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-C Classification JEL Code: O40

Submission ReceivedDecember 8, 2016
Peer Review Double Blind
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Accepted January 1, 2017
Published January 15, 2017

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October 24, 2017

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Article Matrices

Total Score: 101

Country: Tunisia

Subject: Global Journal of Management and Business Research - C: Finance

Authors: Foued Sabbagh (PhD/Dr. count: 0)

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Publish Date: 2017 10, Tue

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Total Views: 3528

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