Political Corruption and Its Cost in Kazakhstan: Policy Analysis Excercise

Abstract

Given paper is aimed to examine the reliability of Corruption Perception index performed by Transparency International in Kazakhstan. The CPI has been used widely amed to estimate the level of corruption on the global policy agenda and getting people to know about this phenomenon. Nonetheless, the CPI has been subject of strong criticism concerning its methodology. Main concern is that Kazakhstan’s level of corruption is considered as extremely low, along with underdeveloped countries. One of our hypothesis is that CPI measurement of corruption does not reflect the real level of corruption in the Republic of Kazakhstan. It is relevant to examine the relationship between corruption and economic development of the country along with various social economic variables and perform cross-country analysis using Stata software.