THE CORRUPTION AND THE ECONOMIC PERFORMANCE

The paper deals with comparison of the level of the corruption in different countries and the economic performance with short view for the taxation rate. There is no reason to suppose an existence of some really notably important statistical correlation between the corruption and the economic performance. Question is whether some relationship between the corruption and the economic performance exists. Of course the economic performance depends mainly on different circumstances, who have more direct influence than corruption. But the corruption can be considered as one of factors that influences the business environment. And the business environment affects transaction cost and in some cases also other cost. The level of the corruption depends on many different circumstances, for example on historical and social conditions and on traditions. But the corruption is influenced by factor like the legal environment, mainly law enforcement. And these factors have a significant impact on conditions for business. The Corruption Perception Index published each ear by Transparency International is used as an indicator of the corruption. The economic performance is assessed by GNP per capita with regard to growth rate.