Human development, corruption and economic development: Cross-country evidence

In recent years, many countries have invested in human capital to develop skills needed for work, improve health, and raise earnings through schooling, training courses, medical services, etc., in order to encourage long term economic development. On the other hand, control of corruption is also important because this index could imply the misuse of public authority for personal benefit and affect economic activities. In this research, the author collected empirical data from trusted international organization sources such as United Nations Development Programme (UNDP), World Bank, and International Monetary Fund (IMF). The results of multiple regression analysis showed statistically significant positive impacts of human development and negative impacts of corruption on economic development.