Corruption as a barrier to sustainability

Szilárd Malatyinszki, Zoltán Zéman, Botond Géza Kálmán

Article ID: 7931
Vol 8, Issue 15, 2024

VIEWS - 22 (Abstract) 11 (PDF)

Abstract


This study investigates how corruption impacts sustainability in African countries. Using public databases, the research draws on the African Development Bank’s corruption indicators and the World Bank’s financial inclusion metrics. The findings reveal that as financial inclusion increases, particularly through the use of digital financial services, perceptions of corruption decrease. However, economic growth paradoxically correlates with an increased perception of corruption due to rising consumption demands. The study concludes that promoting financial literacy, along with robust governance, is essential for combating corruption and fostering sustainable development.


Keywords


corruption; sustainability; financial development

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References


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DOI: https://doi.org/10.24294/jipd7931

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