The Phenomenon of Economic Corruption and its Impact on Economic Growth in Islamic Countries in the Light of Transparency International Indicators
DOI:
https://doi.org/10.58963/qausrj.v1i26.162Keywords:
Economic Corruption , Corruption Perception Index , Economic Growth , International Transparency Agency , Islamic EconomicsAbstract
The study aimed to analyze the impact of corruption perceptions on economic growth in Islamic countries, using an econometric model linking various economic variables and the corruption perception index. The model was estimated using cross-sectional data for the year 2014 through the ordinary least squares method. The findings indicated a significant negative impact of corruption on economic growth in Islamic countries, where corruption hinders investment and creates distortions in government revenues and expenditures. The study also highlighted that Islam has mechanisms and tools to avoid and combat corruption. The recommendations included the necessity to reform the ethical and value systems, apply the principle of transparency, and activate money protection mechanisms according to Islamic legal and administrative perspectives. Furthermore, the study emphasized the importance of simplifying the business environment, issuing a governance guide for the public sector to enhance integrity and transparency. The study concluded that corruption is a major obstacle to sustainable development and hampers economic growth in Islamic countries.
The Phenomenon of Economic Corruption and its Impact on Economic Growth in Islamic Countries in the Light of Transparency International Indicators
Metrics
Downloads
References
محمد عبد الحليم عمر. (2000). الإجراءات العملية الإسلامية لعلاج الفساد الاقتصادي. في الفساد الاقتصادي: الواقع المعاصر والعلاج الإسلامي: ندوة أقامها مركز صالح عبد الله كامل للاقتصاد الإسلامي بجامعة القاهرة، 22-23 مارس.
Omar, M. A. (2000). Islamic Practical Measures to Combat Economic Corruption. In Economic Corruption: Contemporary Reality and Islamic Treatment: Symposium organized by the Saleh Abdullah Kamel Center for Islamic Economics at Cairo University, March 22-23.
عبد الله بن حاسن الجابري. (2003). الفساد الاقتصادي: أنواعه، أسبابه، آثاره وعلاجه. جامعة الأزهر - مركز صالح عبد الله كامل للاقتصاد الإسلامي.
Al-Jabri, A. B. H. (2003). Economic Corruption: Types, Causes, Effects, and Treatment. Al-Azhar University - Saleh Abdullah Kamel Center for Islamic Economics.
حسن أبو حمور. (2002). الفساد ومنعكساته الاقتصادية والاجتماعية. جامعة دمشق.
Abu Hammour, H. (2002). Corruption and Its Economic and Social Reflections. University of Damascus.
عبد الحق خميس. (2003). مكافحة الفساد من منظور إسلامي. قدم في المؤتمر العربي الدولي لمكافحة الفساد.
Khamis, A. H. (2003). Combating Corruption from an Islamic Perspective. Presented at the Arab International Conference on Combating Corruption.
عبد القادر بلغرسة. (2014). الفساد الاقتصادي في الجزائر وتأثيراته على التنمية والعدالة الاجتماعية.
Belghersa, A. (2014). Economic Corruption in Algeria and Its Effects on Development and Social Justice.
Shleifer, A., & Vishny, R. W. (1993). Corruption. The Quarterly Journal of Economics, 108(3), 599-617. doi: 10.2307/2118402.
Mauro, P. (1995). Corruption and Growth. The Quarterly Journal of Economics, 110(3), 681-712. doi: 10.2307/2946696.
Tanzi, V. L., & Davoodi, H. R. (1997). Corruption, Public Investment, and Growth. International Monetary Fund (IMF) Research Paper Series.
Wei, S.-J. (1997). How Taxing is Corruption on International Investors?. National Bureau of Economic Research Working Paper Series, No. 6030. doi: 10.3386/w6030.
Mo, P. H. (2001). Corruption and Economic Growth. Journal of Comparative Economics, 29(1), 66-79. doi: https://doi.org/10.1006/jcec.2000.1703.
Ahmad, E., Ullah, M. A., & Arfeen, M. I. (2012). Does Corruption Affect Economic Growth. Latin American Journal of Economics, 49, 277-305.
Downloads
Published
Issue
Section
Categories
License
Copyright (c) 2023 Queen Arwa University Journal
This work is licensed under a Creative Commons Attribution 4.0 International License.
How to Cite
