Effect of corruption on social welfare issues in the Kenyan economy

Kinyanjui, Lucy Wanjiku
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Strathmore University
Corruption has become widespread especially in developing countries and has affected their economies and growth. Due to high corruption rates in Kenya, it has put off foreign investors as well as foreign aid. Corruption in Kenya has become an epidemic that is slowly killing the country's economy and its biggest consequence is the cost. This article tries to address an important question whether there is a relationship between corruption and social welfare issues. After running diagnostic checks like test for autocorrelation and test for heteroskedasticity then a regression analysis it was concluded that life expectancy, education, and income per capita have a negative relationship with corruption but education variable substantially affected by corruption and there is no significant effect of Corruption Perception Index (CPI) on Human Development Index
Submitted in partial fulfilment of the requirements for the Degree of Bachelor of Business Science in Financial Economics at Strathmore University