Determinants of economic corruption in the public sector of selected Islamic countries
An Econometric Study 2000-2020
DOI:
https://doi.org/10.58963/qausrj.v27i27.220Keywords:
Political freedom , economic freedom , inflation , foreign investment , credit , per capita national income , corruptionAbstract
The study aimed to review the most prominent determinants that affect economic corruption in the public sector in addition to address the reality of these determinants in a group of Islamic countries.
The study concluded a set of results, the most important of which is that the increase in per capita income and the volume of foreign direct investment , are negatively affect the corruption, while economic freedom , inflation rate and the share of total credits to GDP have appositive impact on corruption. Finally the political freedom has a positive impact but it is insignificant.
The study recommended the need for governments to pay attention to increasing the per capita share of national income, and to give a good amount of political and economic freedom by removing restrictions and penalties if it is in the interest of society. In addition to controlling inflation through its financial and monetary institutions, finding modern means that comply with Islamic law, and taking measures that would attract foreign investment, such as reconsidering tax laws. Finally there is a need for families, schools, universities, the media, and the Ministry of Awqaf to play their role in education and guidance.
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