| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10477481 | Journal of International Money and Finance | 2012 | 23 Pages |
Abstract
⺠We examine the impact of corruption on both the banking sector and economic growth. ⺠Corruption significantly aggravates the problems with bad loans. ⺠We find evidence of a new channel through which corruption lowers economic growth. ⺠Corruption distorts the allocation of bank funds. ⺠Corruption decreases the quality of private investments and finally lowers economic growth.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Junghee Park,