NDLI: Corruption, Fatigued Democracy and Bad Governance: Are They Co-Determinants of Poverty Risk and Social Exclusion in Europe? A Cross-Country Macro-Level Comparison

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Corruption, Fatigued Democracy and Bad Governance: Are They Co-Determinants of Poverty Risk and Social Exclusion in Europe? A Cross-Country Macro-Level Comparison

Content Provider	Scilit
Author	Bosco, Bruno
Copyright Year	2016
Description	Journal: SSRN Electronic Journal Using a macro panel of 31 European countries, this paper explores the hypothesis that cross-country differences in the exposition to the risk of poverty or social exclusion (as defined by the Europe 2020 anti‐poverty strategy) are strongly affected by countries’ political, institutional and legal characteristics and particularly by the level of perceived corruption in the public and political sectors. As expected, the results show that economic growth, income distribution, public expenditure and investment, as well as education but not technical development, have strong effects on poverty reduction. This notwithstanding, results indicate that corruption and poor institutional quality significantly interact with economic cofactors and threaten the positive effects of growth on poverty. Altogether, the results signal the need for reassessment of the Euro 2020 strategy, which mainly relies on economic instruments alone.
Related Links	http://repec.dems.unimib.it/repec/pdf/mibwpaper323.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=2720828
ISSN	10914358
e-ISSN	15565068
DOI	10.2139/ssrn.2720828
Journal	SSRN Electronic Journal
Language	English
Publisher	Elsevier BV
Publisher Date	2016-01-23
Access Restriction	Open
Subject Keyword	Journal: SSRN Electronic Journal Social Sciences, Interdisciplinary Social Exclusion
Content Type	Text
Resource Type	Article
Subject	Public Health, Environmental and Occupational Health Psychiatry and Mental Health

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