Idioma:

Modelling and Analysis of the Impact of Corruption on Economic Growth and Unemployment

Mamo, Dejen Ketema ; Ayele, Enat Agachew ; Teklu, Shewafera Wondimagegnhu

Operations Research Forum, 2024-06, Vol.5 (2), p.36, Article 36 [Periódico revisado por pares]

Cham: Springer International Publishing

Texto completo disponível

Citações Citado por

Enviar para

Título:
Modelling and Analysis of the Impact of Corruption on Economic Growth and Unemployment
Autor: Mamo, Dejen Ketema ; Ayele, Enat Agachew ; Teklu, Shewafera Wondimagegnhu
Assuntos: Applications of Mathematics ; Business and Management ; Corruption in government ; Economic activity ; Economic analysis ; Economic development ; Economic growth ; Employment ; Entrepreneurship ; GDP ; Gross Domestic Product ; Growth models ; Growth rate ; Impact analysis ; Investments ; Job creation ; Math Applications in Computer Science ; Mathematical and Computational Engineering ; Mathematical models ; Operations Research/Decision Theory ; Optimization ; Ordinary differential equations ; Resource allocation ; Robustness (mathematics) ; Siphoning ; Stochastic models ; Sustainable development ; Topical Collection on Mathematical Models and Optimization for Environmental Engineering and Sustainable Technologies
É parte de: Operations Research Forum, 2024-06, Vol.5 (2), p.36, Article 36
Descrição: This study explores the complex interplay between economic growth, corruption, and unemployment in the context of sub-Saharan Africa. Employing a new, dynamic mathematical model, we move beyond static correlations to analyze how these factors influence each other over time. Our findings suggest corruption acts like a parasite, siphoning resources away from productive activities and hindering economic progress. This translates to fewer jobs and higher unemployment rates. Conversely, a focus on efficient resource allocation and sustainable development fosters economic growth. Additionally, a robust entrepreneurial sector creates new employment opportunities, further reducing unemployment. The model underscores the need for a multifaceted approach. While effective anti-corruption measures are crucial, so are policies that promote private ownership and job creation within existing businesses. Imagine a three-pronged strategy: combating corruption, stimulating existing job markets, and fostering entrepreneurship. Furthermore, strengthening institutions to tackle corruption allows for swifter responses, minimizing its negative impact on economic growth. By simultaneously addressing corruption and fostering job creation through this multifaceted approach, we can create a balanced and stable economic environment conducive to sustainable development and a brighter future for sub-Saharan Africa.
Editor: Cham: Springer International Publishing
Idioma: Inglês

Voltar para lista de resultados

Realização: Logos de Redes Sociais:

Modelling and Analysis of the Impact of Corruption on Economic Growth and Unemployment

Mamo, Dejen Ketema ; Ayele, Enat Agachew ; Teklu, Shewafera Wondimagegnhu

Cham: Springer International Publishing

Buscando em bases de dados remotas. Favor aguardar.