TYPES OF CORRUPTION AND ASSESSMENT OF THEIR IMPACT ON SOCIO-ECONOMIC PROCESSES IN SOCIETY

Abstract

This article studies the concept of corruption and its individual types. Corruption can be observed in many countries of the world, but its extent differs greatly. The institutional conditions that have formed in different countries have become prerequisites for the differentiation of countries by the corruption level. This article aims to identify the mutual influence between corruption phenomena and socio-economic processes in society. Following the analysis of literature review, three types of corruption have been identified: domestic, business, and political. The hypothesis of the study is the assumption that certain types of corruption can have an uneven impact on socio-economic processes based on the level of development of the country. Studying corruption has required using the methods of induction, deduction, scientific generalization, classification, aspect analysis, and correlation analysis. The empirical data was collected from the following international organizations: the World Bank, Transparency International, Reporters without Borders. The results show that corruption of a certain type involves subjects of certain categories in corruption relations, influencing specific types of public relations. Business corruption has a negative impact on economic development, while domestic corruption has a negative impact on the trends in the development of social relations in society. There was a high direct closeness of the relationship between the level of corruption and GDP per capita, as well as between the level of corruption and the index of press freedom; there is a noticeable inverse closeness of the relationship between the level of corruption and the Gini coefficient.