Acta Oeconomica
Volume/Issue:
Volume 71: Issue 1
Culture, corruption and economic development: The case of emerging economies
Authors:
Tatjana Horvat University of Primorska, Faculty of Management, Koper, Slovenia

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https://orcid.org/0000-0003-4019-2433
,
Philipp Mayrleitner Samsung SDI Battery Systems Ltd, Premstätten, Austria

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Romana Korez Vide University of Maribor, Faculty of Economics and Business, Razglova 14, 2000 Maribor, Slovenia

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https://orcid.org/0000-0003-3345-5215
, and
Vito Bobek University of Applied Sciences FH Joanneum, Graz, Austria
University of Maribor, Faculty of Economics and Business, Maribor, Slovenia

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https://orcid.org/0000-0003-4019-2433
Pages:
99–116
Online Publication Date:
30 Mar 2021
Publication Date:
30 Mar 2021
Article Category:
Research Article
DOI:
https://doi.org/10.1556/032.2021.00005
Keywords:
culture; corruption; economic growth; economic development; human development; emerging economies; F630; D73; O150
Restricted access

Abstract

This paper aims to examine specific cultural attributes which may be favourable to economic development or restrictive to corruptive behaviour. The indicators of GDP growth and GDP per capita, the Human Development Index (HDI), Hofstede's cultural dimensions and the Corruption Perception Index (CPI) were used within a two staged analysis on the sample of selected emerging economies between 1995–2015. The findings of the research outline the complexity of this topic and numerous interrelations among the involved variables. The paper emphasises the importance of understanding the cultural traits of societies and the motives for corruption, to be able to take appropriate measures to promote economic and human development and to combat corruption. Future studies could assess differences within cultural clusters of the emerging economies to allow further insights on a comparative level, increasing the possibility to find answers why different regions develop faster than others.

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Cover Acta Oeconomica
Acta Oeconomica Periodical of the Hungarian Academy of Sciences
Print ISSN:
0001-6373
Online ISSN:
1588-2659

Senior editors

Editors-in-Chief: István P. Székely, Dóra Győrffy

Editor(s): Judit Ványai

Associate Editors

  • Péter Benczúr, Joint Joint Research Center, European Commission
  • Dóra Benedek, International Monetary Fund
  • Balázs Égert, OECD
  • Dániel Prinz, World Bank
  • Rok Spruk, University of Ljubljana, School of Economics and Business, Slovenia

Editorial Board

  • Anders Åslund, Georgetown University and Advisory Council of CASE, USA
  • István Benczes, Corvinus University of Budapest, Hungary 
  • Agnieszka Chłoń-Domińczak, SGH Warsaw School of Economics, Poland
  • Fabrizio Coricelli, University of Siena, Italy
  • László Csaba, Corvinus University of Budapest, Hungary and Central European University, Austria
  • Beáta Farkas, Faculty of Economics and Business Administration, University of Szeged, Hungary
  • Péter Halmai, Budapest University of Technology and Economics, and National University of Public Service, Hungary
  • Martin Kahanec, Central European University, Austria
  • Michael Landesmann, The Vienna Institute for International Economic Studies (WIIW), Austria
  • Péter Mihályi, Corvinus University of Budapest, Hungary
  • Debora Revoltella, European Investment Bank

Corvinus University of Budapest
Department of Economics
Fővám tér 8 Budapest, H-1093, Hungary
E-mail: vanyai.judit@krtk.hu  

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Acta Oeconomica
Language English
Size B5
Year of
Foundation		 1966
Volumes
per Year		 1
Issues
per Year		 4
Founder Magyar Tudományos Akadémia
Founder's
Address		 H-1051 Budapest, Hungary, Széchenyi István tér 9.
Publisher Akadémiai Kiadó
Publisher's
Address		 H-1117 Budapest, Hungary 1516 Budapest, PO Box 245.
Responsible
Publisher		 Chief Executive Officer, Akadémiai Kiadó
ISSN 0001-6373 (Print)
ISSN 1588-2659 (Online)

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