Corruption Poverty Nexus

Abstract

Corruption and poverty are two different but correlated issues which have attracted the attention of social scientists over the globe to reach some solution of both problems. In low income countries, the economic policy fails to show its results fruitfully due to curse of corruption, the provision of social service remains inefficient and insufficient. The cost of development projects escalates due to corrupt practices. Corruption results in reduced tax revenues, low government expenditures and lower GDP growth rates. This paper with the help of existing literature attempts to investigate the relationship of corruption and poverty and also has tried to suggest some policy implications to control corruption by establishing accountability at all levels.