The O-Ring Theory, Geographical Distribution Of Misery And Corruption

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O. Felix Ayadi
Amitava Chatterjee
Adegoke Ademiluyi

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Abstract

The approach in this paper is to explore the relationship between corruption perception index (CPI) and human development index (HDI) in order to determine whether or not poor countries resort to corrupt practices as a way of getting over their level of hopelessness.  The results show that corruption poses a problem to all countries and consequently to world economic development.

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