What is the relationship between corruption (i.e. bribe taking by government officials) in a country and economic growth?

Corruption, particularly through bribery by government officials, typically undermines economic growth by distorting market mechanisms and misallocating resources. It creates an environment of uncertainty, discouraging both domestic and foreign investment. Additionally, corruption can lead to increased costs for businesses, reduced public trust in institutions, and inadequate public services, all of which hinder sustainable economic development. Ultimately, high levels of corruption are often correlated with slower economic growth and greater inequality.