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Regional Economics: Theory and Practice
 

Influence of corruption of regional economy on income and savings of households

Vol. 11, Iss. 44, NOVEMBER 2013

Available online: 7 December 2013

Subject Heading: CORRUPTION IN ECONOMY

JEL Classification: 

Minakova I.V. Doctor of Economics, Professor, the Department of Customs Affairs and World Economy, the South Western State University
irene19752000@mail.ru

Burdeyny A.A. PhD in Economics, Lecturer of the Department of Customs Affairs and World Economy, the South Western State University
burdeinyi@rambler.ru

Authors of the article investigated influence of corruption on the income and savings of households of the regions of the Central federal district and proved that it essentially increases level of poverty of the population and negatively affects tendency of households to savings and investment opportunities of development of regional economy. The conclusion is drawn that development and effective realization of regional anti-corruption policy is a necessary condition of long-term increase of the average income of house farms and strengthening of their tendency to savings and investment activity.

Keywords: household, regional subsystem, savings, corruption

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ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

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