Abstract

This thesis examines the political and economic issues of corruption in modern society, taking into consideration different aspects in this interdisciplinary phenomenon. Further on, the determinants that have been attributed as causes of this persistent problem are being presented in order to structure a full resolution framework. Deepening the analysis, an empirical research is being conducted via regression analysis in an attempt to explore whether corruption as measured by the Corruption Perceptions Index could be predicted by a series of indicators, which are GDP per capita) and democracy score. The regression results show that coefficient for GDP per capita is positive, implying that an increase in the level of economic development results in higher levels of the Corruption Perceptions Index and lower levels of corruption respectively. Also, the democracy score appears to have a positive relation with Corruption Perception Index as well. In order to deepen the analysis, a dummy variable is introduced, i.e. the form of the legal system in a country.

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