Can COVID-19 Generate a Massive Corruption in Developing Countries and Least Developed Countries?

Abstract

The impact of COVID-19 on the generation of a massive corruption in developing countries (DC’s) and least developed countries (LDC’s) is obviously possible anytime and anywhere, but measuring such impact to get a sense of the intensity of its effects on the corruption expansion is subject to a great deal of uncertainty. As such, this paper primarily attempts to close this gap by introducing the massive corruption in times of pandemic crisis evaluation simulator (MCTPCE-Simulator), a new economic instrument that could be used to evaluate how COVID-19 crisis can generate a massive corruption. Based on five key indicators, the (MCTPCE—Simulator) considers and draws its assessment from different indicator available from our simulator. Hence, in this article, a simulation was used to illustrate the applicability of the simulator from where analyses provide a coherent evaluation how the COVID-19 can promote the country’s corruption in high and middle levels.

Keywords: Pandemics, COVID-19, Corruption

JEL Classification: Y20