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

HOW NEWSPAPER-ARTICLE-EVENTS, OTHER STOCK MARKET INDICES, AND THE FOREIGN CURRENCY RATE AFFECT THE PHILIPPINE STOCK MARKET

Eugene Fama in his “Efficient Market Hypothesis” introduced the term newspaper-article-event. The aim of this paper is to find out if newspaper-article-events which are presented and discussed in newspaper articles and w...

OVERSEAS R&D AND TAIWAN-BASED FIRM’S PRODUCTIVITY - DOES INTERNAL TECHNOLOGICAL CAPABILITY MATTER?

The purpose of this study is to examine the influence of overseas R&D on firm productivity. In particular, we further consider the moderating effect of internal technological capability. To provide more empirical evidenc...

FINANCING CAPITAL INVESTMENTS IN NIGERIA: THE ROLE OF THE BANKING INDUSTRY

A developing nation like Nigeria needs huge capital outlay to finance the needed infrastructures and capital investments necessary to drive the economy. This study lays much emphasis on whether the banking industry is re...

THE EFFECT OF HIV/AIDS ON ECONOMIC GROWTH OF SOUTHERN AFRICAN COUNTRIES

This paper contributes to the existing literature by investigating the effect of health on overall economic growth in southern African nations. We examine interactions between health and economic growth by including both...

DETERMINING REAL EXCHANGE RATE FLUCTUATIONS IN THE OIL-BASED GCC ECONOMIES

This paper attempts to empirically determine the relationship between oil price fluctuations and movements in the dollar-pegged Gulf Cooperation Council (GCC) countries? exchange rates. Panel unit root tests are applied,...

Download PDF file
  • EP ID EP2151
  • DOI -
  • Views 510
  • Downloads 29

How To Cite

Damir Piplica (2015). CORRUPTION AND POLITICAL VIEW POINT OF THE GOVERNMENTS IN TRANSITION COUNTRIES EU MEMBERS. Asian Economic and Financial Review, 5(1), 73-87. https://europub.co.uk/articles/-A-2151