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" (Bonn, 2005) Bonn reports that the faith of citizen's in the government is greatly lowered as the government corruption deters both foreign and domestic investments which are needed in Bangladesh and that the government further 'undermines the ability of Bangladesh's development partners to sustain their support for the country."
IV. EMPIRICAL STUDIES
Mauro (1995) made an examination of the results of corruption through use of the Business International (1984) index and growth rates of per capital GDP spanning the years from 1960 to 1985. (Summer and Heston, 1988) Stated is that through use of these variables it was shown by Mauro (1995:702-3) that "a one-standard deviation decrease in the corruption index significantly increases the annual growth rate of GDP per capita by 0.8%." (Akai, Horiuchi and Sakata, 2005)
SUMMARY and CONCLUSION
It is clear that corruption in the bureaucracy of a country greatly impedes and deters economic growth resulting in little to no reduction in poverty rates in a country as indicated by the situation in sub-Saharan Africa and Bangladesh. This work has shown the results of bureaucratic corruption to be evidenced by both misappropriation of funds and public resources as government officials and employees while adhering to procedural rules operate in unsavory practices such as participating in bribes, receiving kickbacks or misuse of power of their position. It is just as clear that just a little bureaucratic corruption goes a long way as reported by Mauro that only "one standard deviation decrease in the corruption index actually increases the GDP per capita in a country significantly. The bureaucratic system that is not corrupt...
& Forgues-Puccio, G. (2005) Public Expenditures, Bureaucratic Corruption and Economic Development - the School of Economic Studies, the University of Manchester in its series Centre for Growth and Business Cycle Research Discussion Paper Series No. 54. Online available at http://ideas.repec.org/p/man/cgbcrp/54.html#provider.
Ifediora, John O. (2005) the Effects of Bureaucratic Corruption on Economic Development: The Case of Sub-Saharan Africa. The Nigerian Village Square. 18 April 2005. Online available at http://www.nigeriavillagesquare1.com/Articles/Guest/2005/04/effects-of-bureaucratic-corruption-on.html.
Akai, Nobuo, Horiuchi, Yusaku, and Sakata, Masayo (2005) Short-run and Long-run Effects of Corruption on Economic Growth; Evidence from State-Level Cross-Section Data for the United States. Online available at http://apseg.anu.edu.au/degrees/idec/working_papers/IDEC05-5.pdf
Summers, R. And Heston, a., 1988. 'A new set of international comparisons of real product and price levels estimates for 130 countries, 1950-1985', Review of Income and Wealth, 34(1):1-25.
Mauro, P., 1995. 'Corruption and growth', Quarterly Journal of Economics, 110(3):681-712.
Bonn, Deutsche W. (2005) Bangladesh: Politics and Business Between Corruption and Development. 14 April 2005.
Johnson, Paul M. (2006) Bureaucracy: A Glossary of Political Economy Terms. Online available at http://www.auburn.edu/~johnspm/gloss/bureaucracy.
The Advantages and Disadvantages of the Bureaucratic System
Works Cited
Blackburn, K. & Forgues-Puccio, G. (2005) Public Expenditures, Bureaucratic Corruption and Economic Development - the School of Economic Studies, the University of Manchester in its series Centre for Growth and Business Cycle Research Discussion Paper Series No. 54. Online available at http://ideas.repec.org/p/man/cgbcrp/54.html#provider.
Ifediora, John O. (2005) the Effects of Bureaucratic Corruption on Economic Development: The Case of Sub-Saharan Africa. The Nigerian Village Square. 18 April 2005. Online available at http://www.nigeriavillagesquare1.com/Articles/Guest/2005/04/effects-of-bureaucratic-corruption-on.html.
Akai, Nobuo, Horiuchi, Yusaku, and Sakata, Masayo (2005) Short-run and Long-run Effects of Corruption on Economic Growth; Evidence from State-Level Cross-Section Data for the United States. Online available at http://apseg.anu.edu.au/degrees/idec/working_papers/IDEC05-5.pdf
Summers, R. And Heston, a., 1988. 'A new set of international comparisons of real product and price levels estimates for 130 countries, 1950-1985', Review of Income and Wealth, 34(1):1-25.
Johnson, Paul M. (2006) Bureaucracy: A Glossary of Political Economy Terms. Online available at http://www.auburn.edu/~johnspm/gloss/bureaucracy.
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