Korruption, Schattenwirtschaft und institutionelle Qualität: Zusammenhänge, Auswirkungen und Modelle

The academic book "Corruption, Shadow Economy, and Institutional Quality: Connections, Impacts, and Models" by Pedro Henrique Ferreira Sales offers a comprehensive analysis of the economic significance of corruption and the shadow economy, particularly in emerging and developing countries. It illuminates the complex relationships between these phenomena and the institutional frameworks that influence their effects on economic development. While the negative effects of corruption are widely recognized, the role of the shadow economy is examined in a nuanced manner. The book discusses both the potential negative impacts, such as reduced government revenues and under-provision of public goods, as well as the possible positive aspects of the informal sector, which in some cases can contribute to reducing corruption in the official sector. Through empirical analyses, the importance of institutions for economic development is emphasized, leading to a deeper understanding of global wealth disparities.