Ashutosh Priya

Ashutosh Priya (Dr), a reputed academician working in the department of Regional and Applied Economics, Bareilly, having wide experience combining teaching and industry. His wide management experience working in diverse capacities from Head, Proctor, Dean and Director in reputed institutions have endowed him with skills requisite of top management in the national and international spheres. His role as the HOD, Examination Controller and guide for research students pursuing their PHD enabled him to be in tandem with the intellectual level of current students, enabling him to make a correct assessment of their calibre. He has also chaired, co-chaired and delivered invited lectures/expert sessions at national and international conferences in India and abroad. Having edited several published books on education and management and as the editor to journals and reviewer of international journals, his insight on various fields is immense. With over 50 research publications to his credit on diverse aspects of education, he has developed an astute knowledge of industry demands in the corporate culture along with the gap in education initiatives and professional environment. A member of AIMS International, The Association of Indian Management Scholars, and the Indian Commerce Association etc.

Papers Published in World Economics:

Impact of Unemployment and Inflation on Corruption

Authors: Ravi Kumar Gupta , Udit Maheshwari & Ashutosh Priya

Two problems that developing countries often face are high inflation and high unemployment. These provide a strong positive push to the level of corruption present in the country. The higher corruption level has a huge impact on the economic growth of the country. This article examines the impact of inflation and unemployment in developing countries on the level of corruption in an economy. The factors used to examine this impact are foreign portfolio investments, foreign direct investment, the Ease of Doing Business Index and the level of democracy. For data analysis panel data was collected for 162 countries, covering the period from 2005 to 2018. To examine the impact on corruption comprehensively, corruption was distributed among three variables. Dynamism was also studied through the generalised method of movements among inflation, unemployment and corruption. The outcome indicates inflation and unemployment positively impact corruption in an economy. Where a country has higher inflation rates than required, then this will automatically give an upward push to activities related to corruption. Similarly, if unemployment rates are higher than required, this will also contribute to rising activities associated with corruption.

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