Relation To GDP Growth and Foreign Investment
Research papers published in 2007 and 2008 examined the economic consequences of corruption perception, as defined by the CPI. The researchers found a correlation between a higher CPI and lower long-term economic growth, as well as a decrease in GDP growth of 1.7% for every unit increase in a country's CPI score. Also shown was a power-law dependence linking higher CPI score to lower rates of foreign investment in a country.
Read more about this topic: Corruption Perceptions Index
Famous quotes containing the words relation to, relation, growth, foreign and/or investment:
“You must realize that I was suffering from love and I knew him as intimately as I knew my own image in a mirror. In other words, I knew him only in relation to myself.”
—Angela Carter (1940–1992)
“Hesitation increases in relation to risk in equal proportion to age.”
—Ernest Hemingway (1899–1961)
“Of all the wastes of human ignorance perhaps the most extravagant and costly to human growth has been the waste of the distinctive powers of womanhood after the child-bearing age.”
—Anna Garlin Spencer (1851–1931)
“If a foreign country doesn’t look like a middle-class suburb of Dallas or Detroit, then obviously the natives must be dangerous as well as badly dressed.”
—Lewis H. Lapham (b. 1935)
“There is something fascinating about science. One gets such wholesale returns of conjecture out of such a trifling investment of fact.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)