Corruption Reduction Model for Developing Economy; The Impact of Technology and Institutional Re-arrangement Nigeria as Case Study


Authors : Abah O. Kaspa

Volume/Issue : Volume 9 - 2024, Issue 12 - December

Google Scholar : https://tinyurl.com/yukekpu4

Scribd : https://tinyurl.com/s6mwwe65

DOI : https://doi.org/10.5281/zenodo.14558013

Abstract : Long acknowledged as a significant barrier to economic advancement and general development in many developing countries—Nigeria being a good example. (Aliyu & Elijah, 2011) (Njideka & Ezeibe, 2014). This study examines a holistic model approach that combines institutional reforms, legislative frameworks, public awareness campaigns, and technology-driven solutions, like e-government efforts and blockchain technology (Ogun, 2020; Robinson, 1998). In order to effectively address the problems of corruption, it emphasizes the necessity of persistent political will, multi-stakeholder collaboration, and international cooperation. This study advances the body of knowledge, informs evidence-based policy-making, and promotes innovation in the field of corruption reduction in emerging economies by providing concrete recommendations and directions for further research. All things considered, reducing corruption in developing economies such as Nigeria necessitates a comprehensive strategy that leverages technology and thoughtful institutional reforms. Stakeholders may contribute to the creation of a more fair and prosperous future for their population by tackling the underlying causes of corruption, enhancing the accountability and openness of government procedures, and empowering important institutions.

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Long acknowledged as a significant barrier to economic advancement and general development in many developing countries—Nigeria being a good example. (Aliyu & Elijah, 2011) (Njideka & Ezeibe, 2014). This study examines a holistic model approach that combines institutional reforms, legislative frameworks, public awareness campaigns, and technology-driven solutions, like e-government efforts and blockchain technology (Ogun, 2020; Robinson, 1998). In order to effectively address the problems of corruption, it emphasizes the necessity of persistent political will, multi-stakeholder collaboration, and international cooperation. This study advances the body of knowledge, informs evidence-based policy-making, and promotes innovation in the field of corruption reduction in emerging economies by providing concrete recommendations and directions for further research. All things considered, reducing corruption in developing economies such as Nigeria necessitates a comprehensive strategy that leverages technology and thoughtful institutional reforms. Stakeholders may contribute to the creation of a more fair and prosperous future for their population by tackling the underlying causes of corruption, enhancing the accountability and openness of government procedures, and empowering important institutions.

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