CORRUPTION AND ECONOMIC DEVELOPMENT IN THE THIRD WORLD COUNTRIES

Studies on corruption examine different aspects, sources, types and probable consequences of corruption in Third World Countries. The main emphasis has been given whether corruption is beneficial or not in Third World Countries in terms of political end economic developments. Although there is no clear and solid evidence, it seems that some scholars (Nye, J.S. (1967); Wade, R. (1985) and Johnson, M. (1986) believe that corruption helps to solve Third World Countries' development problems in part. They also point out that corruption has some negative effect on development process. These authors are looking at the issue as an internal phenomenon of Third World Countries and do not consider external effects as a source of corruption. On the contrary, Some others like S. Askin (1990) take foreign factors as one of the sources of corruption as well as Ulterior political, social and economic factors.