This study aims to explore the relationship between clientelistic economies and systemic corruption under the framework of Economic Norms Theory. Pointedly, it examines the evolution of contractual mortgage credit as a percentage of GDP (representing the growth of a non-self-enforcing contract market) compared to both actual and perceived levels of corruption in Brazil in order to assess whether Brazil is exemplary of a transitioning economy under the theory of Economic Norms. The hypothesis of this paper is two-fold. First, I expect that as mortgage credit as a percentage of GDP generally increases, actual corruption will decrease. Secondly, I expect that as perceptions of corruption worsen, actual corruption will improve. The results corroborated the hypothesis: as mortgage contracts occupy a larger percentage of national GDP, perceptions of corruption worsened while actual corruption has slightly improved. These findings suggest a shifting set of public values away from clientelistic norms and towards norms associated with contract-intensive economies.
| Identifer | oai:union.ndltd.org:ucf.edu/oai:stars.library.ucf.edu:honorstheses-2114 |
| Date | 01 January 2021 |
| Creators | Neto, Nina B |
| Publisher | STARS |
| Source Sets | University of Central Florida |
| Language | English |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | Honors Undergraduate Theses |
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