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LEG 388 Cultural Roots & Economic Consequences of Corruption
LEG 388 Cultural Roots & Economic Consequences of Corruption Course Overview
OVERVIEW
CEA CAPA Partner Institution: Anglo-American University
Location: Prague, Czech Republic
Primary Subject Area: Law
Other Subject Area: Political Science
Instruction in: English
Course Code: LEG 388
Transcript Source: TBD
Course Details: Level 300
Recommended Semester Credits: 3
Contact Hours: 42
DESCRIPTION
This course is designed for students wishing to gain an insight into one of the most important factors which affects the economic, political and social evolution of countries, often in a quite negative way: Corruption. Corruption is intended here as the abuse of Power for personal gains and encompasses behaviours like for example extortion of bribes, acceptance of bribes, influence of external agents on the behaviour of political representatives. These various aspects of Corruption will be analysed in-depth, taking care of expounding also their specific consequences on economic growth, on the capacity of a specific country to attract Foreign Direct Investment and on the social evolution of a given community.
Corruption will be presented as a culturally-embedded phenomenon. The historical, cultural and social underpinnings of Corruption in various countries will be highlighted, borrowing also from a relatively innovatory stream of literature called New Institutional Economics (NIE). The NIE studies the impact of specific habits and rules existing in a given environment on the economic system.
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