Corruption Perception Index Research Articles

FATWA MUI MELAWAN KORUPSI

It is indisputable that fatwa plays a significant role in the society. This is the case because fatwas played a considerable role in the growth and gradual change of Islamic substantive law. However, eventhough fatwa is an important part of religious authority, how one fatw? is effective in influencing people’s attitudes and behavior is being questioned. This article explains the extent to which Majelis Ulama Indonesia’s (MUI) fatwa could be effective in changing people’s attitude toward corruption. Especially in Indonesia which was known as one of the worst country Corruption Perception Index. This article is based on a qualitative research using content analysis by scrutinizing the the MUI fatwa on bribery, corruptions and present for government officials. The data for this research is taken from the montly magazine of MUI, Mimbar Ulama. This article argues that the MUI fatwa against corruption is not really effective in changing people’s behavior. This can be seen in Indonesian coruption index which was not really changing at least 5 years after the fatwa was enacted.

ASSESSMENT OF THE IMPACT OF CORRUPTION ON ECONOMIC GROWTH IN THE CONTEXT OF THE EU'S ANTI-CORRUPTION POLICY

The purpose of this paper is to analyse the impact of corruption on economic growth in EU Member States, taking into account the key elements of the EU's anti-corruption policy. Methodology. The study used GDP as the dependent variable to measure economic growth and Transparency International's Corruption Perceptions Index as the independent variable. Control variables such as GDP per capita, inflation, trade openness, political stability and industrial value added were also included in the statistical model to account for confounding factors affecting the relationship between corruption and economic growth. Historical data series for these variables were collected for the period 2013-2021 for 27 European Union member countries, and the data were normalised to make all indices comparable. The study used multiple linear regression to predict the outcome of the response variable. The results show that GDP per capita has the strongest positive effect on GDP growth, while the CPI has a positive coefficient but no statistically significant effect on GDP growth. Other independent variables, including trade openness, political stability, inflation and industrial value added, also have no statistically significant impact on GDP growth. The predicted growth rates for most countries were relatively accurate, with some exceeding expectations and others falling short. Practical implications. The research suggests that policymakers should focus their anti-corruption efforts on objectives other than promoting economic growth, such as increasing government transparency and accountability, improving public trust in institutions and reducing social inequality. The finding that GDP per capita has the strongest positive effect on GDP growth also highlights the importance of policies that promote economic development, such as investment in education, infrastructure and innovation. Policymakers could also use information on which countries exceeded or fell short of their predicted GDP growth rates to assess the effectiveness of their policies and make adjustments where necessary. Value/оriginality. Applying multiple linear regression using the proposed variables for different analysed periods of data series could be used in evaluating the impact of corruption on economic parameters of different countries set.

Corruption and Economic Growth Nexus: What has the Arab Spring Changed?

Corruption is an everlasting phenomenon in the Middle East and North Africa (MENA). It is considered one of the fundamental reasons for the Arab incidents that started in Tunisia in 2011. Considering its devastating effects, this paper concentrates on the impacts of corruption at the macro level following the Arab uprisings. Notably, it investigates the impact of corruption on economic growth between 1996-2020 in 18 MENA countries. The paper utilizes panel estimators with country-fixed effect regressions given the results of the Hausman test. Panel estimators help control time-variant unobserved heterogeneity and capture both time and country-specific differences. The results indicate that after the Arab Spring, corruption lowers economic growth. One unit increase in control of corruption score of World Governance Indicators (WGI) decreases economic growth between 1.64-2.98 percentage points depending on the model. The results are robust with alternative corruption indexes such as the International Country Risk Guide (ICRG), Varieties of Democracy (V-Dem), and the Corruption Perception Index (CPI). Furthermore, the Chow test confirms that 2011 constitutes a structural break in the history of the MENA region. The outcomes indicate that specific policies need to be implemented to alleviate the adverse impacts of corruption in MENA countries.

The Impact of Cashless Economy on Inflation and Corruption in Nigeria

The effects of a cashless economy on inflation and corruption in Nigeria were the focus of this research. The statistics Bulletin published quarterly by the Central Bank of Nigeria (CBN) provided the study's data, which covered the time period from 1990Q1 to 2021Q4. The unit root test was performed on the formulated model using the Augmented Dickey Fuller (ADF) method. The variables were found to be non stationary at levels but stationary after first difference, as shown by the Augmented Dickey Fuller unit root test. To determine whether the variables are related over the long run, the Johansen method of co-integration was used. The findings demonstrated a long-term correlation between the factors. Further findings showed that the use of automated teller machine does not lessen corruption perception index and inflation rate in Nigeria but is statistically significant in the long-run. Point-of-sale systems, however, showed promise as a practical technique for lowering corruption perception index and inflation rate. A positive and statistically significant association exists between mobile banking and inflation rate, whereas the adoption and implementation of mobile banking will decrease the corruption perception index but is inconsequential in the long term. Finally, it has been observed that check transactions cut inflation over the long term while also having a positive and statistically insignificant link with the corruption perception index. To further decrease cash transaction in the nation, it was suggested that the monetary policy authority (CBN) expand the number of point of sale terminals. As a result, corruption and inflation will decrease along with the amount of currency in circulation (inflation rate).

Cultural dimensions and perception of corruption in international societies

This study aims to verify how cultural dimensions relate to the corruption perception index in international societies. We used information on the Corruption Perception Index (CPI) and Hofstede's Cultural Dimensions for a total of 63 countries over the years 2010 to 2022. The results show that cultural dimensions affect corruption perception, as: a) power distance reduces the corruption perception, and b) individualism, long-term orientation, and indulgence increase the corruption perception. Additionally, the results show that countries with a lower corruption perception are more affected by cultural dimensions.

ASSESSMENT OF TRENDS IN THE DEVELOPMENT OF BUSINESS ENVIRONMENT OF UKRAINE IN UNSTABLE CONDITIONS

In the article, the authors analyzed the dynamics of the main macroeconomic indicators, such as: indexes of the gross domestic product and industrial production; volumes of exports, imports and foreign trade balance of Ukraine to assess general trends in the development of Ukraine’s business environment. The authors considered the results of the survey of company managers conducted by the National Bank of Ukraine in 2023 and the dynamics of the Index of Business Expectations of Enterprises; the results of a joint study conducted by the Innovation Development Center, the Office for Entrepreneurship and Export Development, the Diya.Business national project, the strategic agency Advanter Group, and the dynamics of the Ukrainian Business Index. The causes and consequences of the decline in the economic activity of Ukrainian enterprises in the main sectors of the economy were identified. Rational solutions aimed at supporting and restoring business in conditions of instability were determined. The results of the international assessment based on the ranking of economic freedoms from the American Heritage Foundation (Economic Freedom Index), the Corruption Perceptions Index from Transparency International (Corruption Perceptions Index), and the international study of the perception of national brands from Brand Finance (Global Soft Power Index) were considered. The role of Ukraine in the world economy was defined. It was concluded that the recovery of the Ukrainian economy remains restrained due to significant losses, destruction, and ongoing hostilities. Positive expectations in terms of economic recovery are associated with the further adoption and implementation of EU decisions on: using the advantages of the unification of the energy systems of continental Europe ENTSO-E and Ukraine (the so-called “energy visa-free”); exemption of Ukrainian business products from tariffs and quotas (“economic visa exemption”); liberalization of road transportation (“transport visa-free”); integration of Ukrainian customs authorities with European ones (“customs visa-free”). Such decisions will significantly contribute to the expansion of international trade, further integration of Ukraine into European production, as well as transport and logistics networks.

Exploring anti-corruption education in Malaysian educational institutions

PurposeFrom 2000 to 2021, the Malaysian corruption perception index demonstrated a declining tendency, identifying Malaysia as a highly corrupt nation. Corruption in the nation has become a social cancer that has impacted the workplace and political climate. Using Dewey’s (1937) theory of education and social change, this paper argues that anti-corruption education is a tool for reforming the corruption culture of a nation. Consequently, the purpose of this study is to explore and understand the current anti-corruption education in Malaysian educational institutions.Design/methodology/approachThe results of this study were derived from a qualitative content analysis of 20 Google News articles, an interview with the sole implementation agency, the Malaysian Anti-Corruption Commission (MACC) and a literature assessment of MACC publications. Due to a dearth of preceding study and journal publications on the topic, this type of qualitative content analysis of news has been applied in prior studies.FindingsThe results indicate that anti-corruption education has been implemented in the primary, secondary and higher education institutions in Malaysia. Nonetheless, the concept and implementation are inadequate, superficial and insufficient. The analysis advises more inclusive techniques for delivering anti-corruption education for social transformation.Originality/valuePrior research has focussed on laws and regulations to prosecute the corrupt, but has underrated the ability of education to alter the corruption culture. To the best of the authors’ knowledge, this is the first journal paper, written on anti-corruption education in Malaysia. This study sets the way for further anti-corruption education studies in the future. This line of research will provide insights for the nation’s policymaking, which aims to create a nation free of corruption and capable of sustaining itself.

ECONOMIC JUSTIFICATION OF CORRUPTION RISKS IN THE FIELD OF HEALTHCARE

The purpose of the article is to identify the most common corruption offenses in the healthcare sector and their impact on the country's economy, and also to outline the main directions of the state anti-corruption policy in this area. Methodology. The research is based on the study of international treaties ratified by Ukraine, as well as domestic legal acts regulating the activities of the medical sector in the area of combating and preventing corruption. Results. The article analyzes the main directions of anti-corruption policy in the national healthcare system and determines their impact on the economy of the country. It is noted that corruption in this area is inherent in all socio-economic systems of the world, however, it is most widespread in the process of transformation of the economic and social environment. Corruption can manifest itself in various mechanisms. The author analyzes the monitoring of corruption risks in the field of security by Transparency International, which annually determines the Corruption Perceptions Index (CPI), and the European Commission. It is theoretically proven that a decrease in the score of the Corruption Perceptions Index leads to an outflow of capital from the country (one point corresponds to 0.5% of the country's gross domestic product). Using the examples of the United States of America, the Federal Republic of Germany, and Denmark, the paper examines the most common forms of corruption in the healthcare sector, as well as the positive experiences that should be implemented in order to improve the level of economic development of the country. The main corruption risks in the healthcare sector were analyzed. The role of the NAPC and the NABU in combating and preventing corruption in the healthcare sector is revealed. Practical implications. The article outlines the main steps that need to be taken to introduce changes in the direction of anti-corruption activities in private healthcare institutions. The role of the electronic system of public procurement of goods, works and services "ProZorro" in combating and preventing corruption in the healthcare sector is determined. The analytical data of the Independent Anti-Corruption Commission are studied. Value/originality. It is theoretically substantiated that the key task of the state anti-corruption policy in the healthcare sector is to develop and implement mechanisms for detection, prevention and elimination of conditions that facilitate the emergence and spread of corruption, the impact of which on the country's economy is quite dangerous, as it significantly impairs the effectiveness of the state's economic policy. The article highlights the consequences of corruption in the healthcare sector for the country's economy: expansion of the shadow economy; violation of competitive mechanisms; inefficient use of budget funds in the distribution of public contracts and benefits; price increases due to "corruption costs"; and deterioration of the investment climate. The article outlines the main areas of anti-corruption policy in the healthcare sector, including: an effective system of control and transparency; analysis of the causes of corruption; a high level of legal awareness and culture of citizens; involvement of specialists and scientists in the areas of activity in the preparation of relevant regulatory documents; improvement of the electronic healthcare system and, consequently, further automation of workplaces; change of the financing system; improvement of the anti-corruption policy in the healthcare sector as a component of the overall anti-corruption policy; implementation of positive international experiences.

African Union, Promotion of Democracy and Anti-Corruption Initiatives in Africa

The African Union (AU) has been pursuing one of its primary objectives of promoting democratic principles and institutions by ensuring good governance through the curbing of corruption. It is uncertain whether the democratic approach has rubbed off on its anti-corruption initiatives, given the recent performance of most AU member states on many global surveys of corruption, development and governance evaluation indexes. The paper, therefore, examined the extent to which the AU’s stance on democratic promotion has impacted on its anti-corruption initiatives in Africa. The study is qualitative and relied on data sourced from secondary sources, while content analysis was adopted for data analysis. The findings acknowledge AU's committed advancement of democracy in Africa through its different anti-corruption frameworks. But in spite of the slight improvements of some African counties on different corruption perception indexes, corruption persists in the governance of many AU member states. The study further shows inter alia that the AU’s anti-corruption initiatives have not effectively reflected the adopted measures due to uncommon democratic ideals, legitimisation of autocratic regimes, and the fact that many African states fail to uphold their obligations under the AU's anti-corruption convention. The study contends that AU’s anti-corruption bodies should ensure and encourage member states to internalise and uphold existing governance norms and accountability measures, while implementation mechanisms should be strengthened.

Quality of Government in Nigeria - Quantitative Analysis and Evaluation

Nigeria gained its independence in 1960, and not until 1999, the nation has witnessed a checkered democracy with military incursion in governance in far more years than civilian administration. Therefore, for Nigeria to have witnessed an unbroken democracy since 1999 to date, is a joyful moment in the annals of history of Nigeria as a nation. However, despite the unbroken democracy for over 23 years, it calls to question Section 14(2) (b) of the Constitution of the Federal Republic of Nigeria 1999, which states that the security and welfare of the people shall be the primary purpose of government. This research paper is therefore a comparative quantitative analysis and evaluation based on certain economic indices of the quality of governance of the three successive governments since Nigeria returned to democracy in 1999. We found that the trend of Corruption Perception Index is high and consistent throughout the three administrations of Presidents Obasanjo, Jonathan and Buhari. Furthermore, while Presidents Obasanjo and Jonathan performed relatively well, Buhari’s administration witnessed a nose-dive trend in all the remaining indices putting his administration as the worst performer in terms of the indicators measured.

Which factors are associated with fraud in medical imaging research?

PurposeTo investigate the determinants of fraud in medical imaging research. MethodThis study analyzed aggregated survey data on scientific integrity completed by 877 corresponding authors who published in imaging journals in 2021. Multivariate regression analyses were performed to determine the association of scientific fraud with the following variables: survey participants’ age (<18, 18–24, 25–34, 35–44, 45–54, 55–64, or > 65 years), gender (male, female, or other), Corruption Perceptions Index (CPI) of their country of work (linear 0–100 scale), academic degree (medical doctor or other), academic position (none, fellow/resident, instructor/ lecturer, assistant professor, associate professor, full professor, or other), and years of research experience (<5, 5–10, or > 10 years). ResultsThirty-seven survey participants (4.2%) indicated they had committed scientific fraud in the past 5 years, and 223 (25.4%) indicated they had witnessed or suspected scientific fraud by departmental colleagues in the past 5 years. Instructors/lecturers were significantly more likely (P = 0.029) and fellows/residents were nearly significantly more likely (P = 0.050) to have committed scientific fraud, with odds ratios (ORs) of 4.954 and 5.156, respectively (Nagelkerke R2 of 0.114). Survey participants > 65 years of age and survey participants working in less corrupt countries were significantly less likely (P = 0.022 and P = 0.044, respectively) to have witnessed or suspected scientific fraud committed by their departmental colleagues, with ORs of 0.412 and 0.988 (per unit increase in CPI), respectively (Nagelkerke R2 of 0.064). ConclusionsFraud in medical imaging research appears to be more common among junior faculty and in more corrupt countries.

Macro determinants of sustainable financial development in the Middle East and North Africa (MENA) region countries

PurposeThis research aims to examine the macro determinants that significantly affect financial development in the Middle East and North Africa (MENA) region, which could be used furtherly to play a major role in economic sustainability since one of the major driving forces for economic development is the financial development.Design/methodology/approachThe significant determinants of financial development should be efficiently used by the MENA region countries for creating huge financial sector development and innovation, stimulating economic development in turn and leading to the completion of the cycle of development and sustainability. To achieve this study's objective, the researcher employed a quantitative method to develop an econometric model.FindingsThis model consisted of two Panel EGLS Cross-Section Random Effects Models (REMs) in which Domestic credit to the private sector as a percentage of GDP (?PCGDP?_it) and stock market capitalization ratio (?SMC?_it) were taken as the dependent variables. In addition, the independent variables included the corruption perception index, financial freedom (FF), political stability (PS) and trade openness (TO). The researcher extracted the data for the analysis from different databases including the World Bank, the Organization for Economic Cooperation and Development and the International Monetary Fund. Throughout the first – Panel EGLS Cross-Section Random Effects Model, it turned out that, while FF, TO and corruption index had a positive relationship with ?PCGDP?_it, PS had an adverse effect on ?PCGDP?_it. The second – Panel EGLS Cross-Section Random Effects Model showed that, while PS and TO had a positive effect on stock market performance, the corruption index and FF had an adverse effect on stock market performance.Originality/valueThroughout the first – Panel EGLS Cross-Section Random Effects Model, it turned out that, while FF, TO and corruption index had a positive relationship with ?PCGDP?_it, PS had an adverse effect on ?PCGDP?_it. The second – Panel EGLS Cross-Section Random Effects Model showed that, while PS and TO had a positive effect on stock market performance, the corruption index and FF had an adverse effect on stock market performance.

Income Inequality in Madagascar: Regression Analysis

Abstract: This study suggests that corruption is the leading cause of income inequality in Madagascar. Corruption levels are reflected by education spending, health spending, Tax to GDP ratio, and the GDP per capita. Responsible bodies should focus on the fight against corruption to reduce income inequality, and its negative impacts such as increased mortality rates, poverty, and bad lifestyle. In this study, the Multiple Regression Analysis focused on analyzing the impacts of corruption perception index on mortality rate, healthcare spending, Tax-to-GDP ratio, GDP per capita and Education spending. Therefore, the analysis focused on the trends in the data of these variables. The results suggest that the combination of mortality rate, healthcare spending, Taxto-GDP ratio, GDP per capita and Education spending determined the corruption perception index of the country. However, the individual variables had little impact on the corruption perception index.

Korupsi Dan Kepatuhan Pajak: Peran Kontekstual Edukasi Wajib Pajak (Corruption and Tax Compliance: The Contextual Role of Taxpayer Education)

Tax revenues are often not optimal due to several factors, one of which is the perception of corruption. The purpose of this study was to examine the impact of perceptions of corruption on tax compliance and the role of education. This study took 107 sample countries and used secondary data sources from the Corruption Perception Index, Global Competitiveness Report. The result is that the higher the perception of state corruption, the lower the level of state tax compliance. However, taxpayer education can increase tax compliance through the readiness of taxpayers to obey with the perception of fairness of the tax system and the views of tax authorities that are clean from corruption. The results of this study are expected to be useful for governments and state apparatus in various countries in designing and making policies and programs to increase taxpayer education.

Effects of Building contractors’ Value Systems on Corruption Manifestations in Nigeria’s Construction Sector

ABSTRACT Building contractors’ value systems is a powerful force in establishing a construction sector free from corruption. Thus, this study examined the value systems of building contractors and assessed how these systems' psychological impacts affected the construction industry's corruption indicators. Using the theoretical lens of social adaptation theory, this study postulated that a building contractor's tolerance for corruption is psychologically influenced by their value system. Quantitative data were collected from contractors engaged in building and civil engineering projects in Nigeria. Multiple Linear Regression (MLR) was used to test the proposition. The study discovered that the value system of building contractors includes achievement, teamwork, openness, resourcefulness, excellence, precision, efficiency, and self-respect. Results from the MLR showed that none of the values in the value system have very notable effects on corruption indicators. The study's conclusions imply that the building contractors' current value system does not provide the desired level of anti-corruption defense. The conclusions suggest that the building contractors’ value system should be modified and reformed through ethical education and professional growth. The study added to knowledge by showing that a value system may not be corrupt-oriented while still lacking the anticipated anti-corruption defense.

Amandemen Konstruksi Hukum Dana Pemulihan Ekonomi Nasional ( PEN ) Untuk Mencegah Adanya Indikasi Korupsi

The Covid-19 pandemic, which has been going on for several years, has created pressure and effects in all sectors, both globally and domestically. The impact of the Covid 19 Pandemic has paralyzed the joints of the nation's economy. The death of the livelihoods of some people caused many people to lose their livelihoods. In order to support state financial policies and to save the national economy, the Government runs the PEN Program. The PEN program aims to protect, maintain and improve the economic capacity of business actors from the real sector and the financial sector in running their business. Article 11 paragraph (7) Perpu Number 1 of 2020 mandates that the implementation of the PEN Program be further regulated by Government Regulation. The type of research used is sociological research or sociological legal research or field research, because it is done by looking at the real conditions and facts that occur around the community. How the Legal Construction of the National Economic Recovery Fund Can Be Useful in Encouraging the Growth of Industrial Enterprises and Infrastructure Development. there needs to be serious action from the central government in dealing with this problem of PEN funds, because if it is allowed to continue to drag on, it will cause the funds which incidentally are for economic recovery to be increasingly misused, both at the central and at the regional level. Furthermore, there needs to be an amendment to the legal construction to cover up the gaps in indications of corruption that will become increasingly widespread. Problems that arise and become obstacles to the National Economic Recovery Fund Can Be Useful in Encouraging the Growth of Industrial Businesses and Infrastructure Development in the implementation of the PEN fund has several problems that the central government should respond quickly to considering the large budget disbursed for this PEN Fund program. According to the results of the examination by the Supreme Audit Agency (BPK), there were 6 findings of problems in the application of PEN funds, which hindered the use of PEN funds to encourage the growth of industrial businesses and infrastructure development after the Covid 19 pandemic.

A Review of Accountability Systems: Learning from Best Practices

Over the last two decades, ‘accountability’ has become Pakistan’s most famous political slogan (Mehboob, 2022). Despite numerous reforms in the accountability system, Pakistan got the worst ranking in the region based on the Corruption Perception Index (CPI) published by Transparency International (TI) (TI, 2022). The CPI-based ranking shows that Pakistan ranked 140th out of 180 countries in 2021. Pakistan ranked well below the South Asian economies

Weak-form market efficiency and corruption: a cross-country comparative analysis

PurposeThe economic and administrative conditions of countries normatively have an effect on the economy and level of market development. Moreover, it is of great importance for a healthy economy whether the public institutions and organizations are transparent and functioning in accordance with their purpose. The aim of this study is to show whether there is a relationship between transparency and market efficiency.Design/methodology/approachCorrelation analysis has been conducted between prediction accuracy rates, which are obtained by seven different machine learning algorithms and Corruption Perception Index (CPI) levels.FindingsIt has been statistically shown that the indices of countries with low corruption levels are harder to predict, which, in turn, can be interpreted as having higher weak-form market efficiency. According to that, an intermediate negative correlation has been found between CPI scores and predictability levels of stock indices. Considering the findings, it can be interpreted that the markets of countries with relatively more transparent and well-functioning public sector have more weak-form market efficiency.Research limitations/implicationsThe study can be extended with cutting-edge machine learning and deep learning techniques in future studies. There are very few studies which try to explain factors related to market efficiency. Thus, the authors claim that there is still room for further research in order to determine the factors related to market efficiency, implying that current literature is still far from explaining the causation behind the inefficiencies.Practical implicationsAccording to findings, the markets of countries with relatively more transparent and well-functioning public sector have more weak-form market efficiency. Based on these findings, in practice, it can be said that more successful predictions can be made using machine learning algorithms in countries with relatively lower CPI scores.Originality/valueIn literature, the factors related to market efficiency are still far from explaining the causation behind the inefficiencies. Thus, it has been investigated whether transparent and well-functioning public institutions and organizations have any relation with market efficiency.

Impacts of Political Risk and Macroeconomics Factors Towards Foreign Direct Investment in Developing Countries

This study examines the relationship between macroeconomic factors and foreign direct investment (FDI) inflows in developing countries. The data from the World Bank covers 21 years, from 2000 to 2020 was analyzed using the panel regression approach with E-Views. Panel regression analysis, including model selections and diagnostics, is used for inferential analysis. The main contribution of this study is the influence of political factors on FDI inflows. Political stability and corruption control are technically the most important conditions for FDI inflows in developing countries and were introduced in this study. This study found a positive relationship between GDP growth rate, imports, inflation, and corruption index with FDI inflow, confirmed by previous studies. The study also implies that the exchange rate, exports, and political stability have a negative relationship with the level of FDI in developing countries. In addition, the study found that GDP growth rate, imports, and exports significantly impact FDI inflows in developing countries, while the other variables are not significant. In other words, this result shows that macroeconomic and political factors such as import, export, exchange rate, corruption control, and political stability impact FDI inflows. Moreover, this paper provides policy recommendations to support developing countries' economies by attracting FDI and increasing its inflow.

CORRUPTION MANIFESTATIONS IN THE SYSTEM OF ECONOMIC SECURITY OF ECONOMIC ENTITIES

The article establishes the impact of corruption on the economic and national security of the country, what dangers and threats it poses to economic entities. The role of corrupt practices in the economic activity of economic entities was considered. The approaches of scientists to the understanding of the concept of "economic security" were studied and the author's interpretation of it was proposed. Thus, economic security is proposed to understand the state of protection of economic interests of individuals, society and the state from internal and external threats, which contributes to economic development. The most negative consequences of the impact of corruption on the economy, creating a threat to the economic and national security of the country, have been disclosed. These include the expansion of the shadow economy, violation of market competitiveness, inefficient use of budget funds, higher prices for products as a result of "corruption costs", deterioration of the investment climate, increased corruption in non-governmental organizations, the merger of crime and the legal economy, lack of effective private owners, declining confidence in the state, etc. It is also noted that corruption has a positive impact on the economy and political development of the country. The dynamics of the Corruption Perception Index, corruption manifestations are analyzed. The causes of obstacles to foreign investment in the economy of Ukraine, the severity of different types of corruption and the level of corruption in different areas of public activity according to the results of a survey of the population and businessmen, conducted by the National Agency for the Prevention of Corruption in 2021, were studied. It is noted that Ukraine is doing a lot on the way to overcome corruption, but its efforts do not achieve the desired success because of the habituation to corruptive manifestations of the population. The impact of corruption on different spheres of social life and sectors of the economy, enterprises of different types and forms of ownership was characterized. It is noted that the main emphasis in combating corruption should be focused on the ways of determination, and the main determinants of corruption have been identified. The factors forming the demand for corrupt agreements and becoming threats to the economic security of economic entities have also been studied. The directions of prevention of corruption threats to the economic security of the country and entrepreneurship are proposed.