Impact of Economic Crimes on Nigeria’s Economic Prosperity under A Democratic Framework (original) (raw)
Although, economic crimes are not new phenomena in Nigeria, however, their size, sophistication and magnitude have changed in recent times. Theoretical literature on economic crimes and economic growth has generated a rich debate over the last few years producing scholars who theorized that economic crimes could be growth-enhancing and others who see it as growth-reducing. Where is Nigeria in this great debate? The failure to determine the nature of the relationship between economic crimes and economic growth in previous empirical works affected the choice of methodology employed by previous empirical works on Nigeria. This study is an attempt to offer a better methodology and proxy in the estimation of this relationship. Therefore, this study aims at providing robust econometric analysis, which deepens the understanding of the relationship between economic crimes and economic growth in Nigeria both in the short run and long run within the uninterrupted democratic dispensation perio...
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