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What is Corruption about?
This study investigates the impact of corruption on public debt sustainability in European Union countries, highlighting its significant negative influence on economic growth. Utilizing dynamic panel data models, the research finds that corruption moderates the relationship between public debt and economic growth, with higher corruption leading to detrimental effects on debt sustainability. The findings underscore the need for effective anti-corruption measures to enhance economic stability and growth.
- Author
- joseph lasay
- Language
- EN