Abstract
This study intends to draw attention towards corruption, a growing menace in the society. The main purpose of this study is to draw the attention to corruption as it is a huge hindrance to all types of economies, be it developing, developed or underdeveloped nations. An exploratory research is conducted based on the secondary data pertaining to six nations i.e. two under-developed nations, two developing nations and two developed nations. The data on Gross Domestic Product, Human Develop Index and Corruption Perception Index has been used to check the trends in different types of economies. The results of the study predict a very strong negative relationship between Corruption Perception Index & Gross Domestic Product and Corruption Perception Index & Human Development Index. The main implication of the study is to understand that the corruption is one major factor that hinders the growth of a nation. Corruption impacts and is impacted by the standards of living of the nation. The study can be extended further by including more macroeconomic variables that are expected to affect corruption. The paper is the novel attempt to relate Corruption Perception Index with Gross Domestic Product and & Human Development Index in different types of economies.
Published Version
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