Institutionalizing Nudge to Fight Corruption and Promote Economic Growth in Developing Countries. The Case of Ghana

13 Pages Posted: 3 Sep 2019

See all articles by Prince Opoku

Prince Opoku

Independent

Mark Amankwa

University of Ghana

Gershon Dagba

University of Ghana

Date Written: October 2, 2018

Abstract

Corruption as one of the oldest phenomenon in human society exists in every society to an extent. Giving the extant literature on corruption and its implication on economic growth in developing countries, this paper makes a case for institutionalizing nudge approach in fighting the social canker. Corruption has been given diverse definitions by different scholars. Some say, it is the general disease of body politics, others say, it is the public exploitation and abuse of public office for private gain. Contextually, research shows that the causes of corruption in most developing countries are low wage level of public officials, ineffective law enforcement, greed and personal aggrandizement, social pressure, lack of commitment to work, cultural practice of giving gift among others. In effect, corruption may draw off funds needed for economic growth as well reduce private sector investment and participation thereby having preposterous effect on development.

Keywords: Institutionalizing, Nudging, Corruption, Economic growth

JEL Classification: Z18

Suggested Citation

Opoku, Prince and Amankwa, Mark and Dagba, Gershon, Institutionalizing Nudge to Fight Corruption and Promote Economic Growth in Developing Countries. The Case of Ghana (October 2, 2018). Available at SSRN: https://ssrn.com/abstract=3443534 or http://dx.doi.org/10.2139/ssrn.3443534

Prince Opoku

Independent ( email )

Mark Amankwa

University of Ghana ( email )

PO Box 25
Legon, Accra LG
Ghana
+233270079462 (Phone)

Gershon Dagba (Contact Author)

University of Ghana ( email )

PO Box 25
Legon, Accra LG
Ghana

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