CORRUPTION AND POLITICAL VIEW POINT OF THE GOVERNMENTS IN TRANSITION COUNTRIES EU MEMBERS
Journal Title: Asian Economic and Financial Review - Year 2015, Vol 5, Issue 1
Abstract
In achieving their goals in conducting measures of their economic policy, governments of transition countries EU members, should realize the importance of suppressing the phenomenon of corruption in economy, especially in regard of reducing the unemployment rate rather than reducing the inflation rate; regardless of the fact if they are constituted of left- or right-wing parties. Should the right-wing governments firmly follow their political viewpoint, and at the same time they would want to reduce the unemployment together with reducing the inflation rate, than they should put bigger ponder on reducing the corruption than it is usually done by left-wing governments. However, if the right-wing parties should opportunistically turn to centre-oriented voters, than to follow their own ideological program, that would enable slightly easier position in suppression of unemployment, due to slightly smaller impact of the corruption. Opportunistic turning to centre-oriented voters would create slightly more difficult position to left-wing governments, who would easier suppress the unemployment if they followed their left-oriented program, due to smaller impact of the corruption. On the other hand, more opportunistic and less ideological behaviour of left- and right-wing parties would not create difficulties in achieving of the economic-monetary goal of keeping lower inflation rate. Right-wing governments in Croatia should especially aim to suppress the corruption, in order to down size the unemployment, by implementing all of economic policy measures. Political parties that would not consider quality of their policy resulting with wanted economic goals can lose their credibility, and at the same time the stability of their electoral body.
Authors and Affiliations
Damir Piplica| Assistant Professor, University Department of Professional Studies Split, Associate, Croatia
Keywords
Related Articles
- EP ID EP2151
- DOI -
- Views 484
- Downloads 29
DOES THE LOAN LOSS PROVISION AFFECT THE BANKING PROFITABILITY IN CASE OF PAKISTAN?
This paper examines the impact of loan loss provisions of the banks on the performance of the banks operating in Pakistan. Moreover the other factors that affect the banking profitability have been discussed in this stud...
PREDICTIVE POWER OF FINANCIAL RATIOS WITH REGARD TO THE TURKISH BANKING INDUSTRY: AN EMPIRICAL STUDY ON THE STOCK MARKET INDEX
In this study, it is examined whether changes in the stock market index can be explained by the change in financial ratios. Financial statements of 11 conventional and 2 participation banks for a total of 13 banks (repre...
OIL PRICE VOLATILITY AND ITS CONSEQUENCES ON THE GROWTH OF THE NIGERIAN ECONOMY: AN EXAMINATION (1970-2010)
This study examines the consequences of oil price volatility on the growth of the Nigerian economy within the period 1970 to 2010. Using quaterly data and employing the VAR methodology, the study finds that of the six va...
IDENTIFYING STOCK MARKET REACTIONS TO ACQUISITION ANNOUNCEMENTS IN TAIWAN LAND AUCTION
This paper examines the market reactions to acquisition announcements in Taiwan land auctions. Empirical evidence shows that successful bidders can enjoy significant positive abnormal returns as a result of land auction...
EXCHANGE RATE UNCERTAINTY AND IMPORT DEMAND OF THAILAND
The impact of exchange rate uncertainty on imports is still controversial because there is no consensus on whether the impact is negative or positive as evidenced from the results of previous studies for both developed a...