Corruption Perceptions Index - Relation To GDP Growth and Foreign Investment

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:

    The proper study of mankind is man in his relation to his deity.
    —D.H. (David Herbert)

    Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.
    Alexander Herzen (1812–1870)

    From infancy, a growing girl creates a tapestry of ever-deepening and ever- enlarging relationships, with her self at the center. . . . The feminine personality comes to define itself within relationship and connection, where growth includes greater and greater complexities of interaction.
    Jeanne Elium (20th century)

    It is a curious emotion, this certain homesickness I have in mind. With Americans, it is a national trait, as native to us as the rollercoaster or the jukebox. It is no simple longing for the home town or country of our birth. The emotion is Janus-faced: we are torn between a nostalgia for the familiar and an urge for the foreign and strange. As often as not, we are homesick most for the places we have never known.
    Carson McCullers (1917–1967)

    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)