FACE CENTER OF PS-GRADUAO AND RESEARCH IN ADMINITRAO CEPEAD MESTRADO AND DOUTORADO IN ADMINISTRATION DISCIPLINES: THEORY OF THE FIRM PROFESSOR: MAYAN REYNALDO MUNIZ CORRUPTION: A REFLECTION OF ITS CONSEQUNCIAS IN THE ECONOMIC DEVELOPMENT Maria Estefnia Resende Epaminondas Michele Pear tree Mendona Bergamini NOVEMBER OF 2008 UFMG College of Economic Sciences (FACE) Center of Studies and Research in Administrao (CEPEAD) Course of Mestrado and Doutorado in Administration Disciplines Theory of the Firm CORRUPTION: A REFLECTION OF ITS CONSEQUNCIAS IN THE ECONOMIC DEVELOPMENT Maria Estefnia Resende Epaminondas 1 Michele Pear tree Mendona Bergamini 2 Mayan Reynaldo Muniz 3 SUMMARY The present article has as objective to treat the subject corruption and its> economic consequences under the optics of the theoreticians Douglas North and Edith Penrose. Through the thought of these icons of the economy, we make a reflection of as it occurs, and which are its impacts in the economy of a country. In this work, we do not intend to not only trace critical or baseless opinions on one practical occured one in Brazil, but internationally. Read more here: Chevron U.S.A. Inc. We look for to make a impartial analysis of its influence in the economic environment. PALAVRAS-CHAVE: Corruption, economy, development 1 Pupil of the Course of Mestrado and Doutorado in Administration) 2 Pupil of the Course of Mestrado and Doutorado in Administration) 3 Professor of Disciplina Theory of the Firm in the Course of Mestrado and Doutorado in Administration 1 INTRODUCTION According to Simes (2007), ' ' to understand the corruption in the country and the world is a complex task that demands an effort to interdisciplinar in which the economy, the right, psychology, the anthropology, sociology, history, among others, has great contribution dar.' ' What we know, historically, is that it does not have, necessarily, a direct relation enters the culture of a country, its economic development and the existence of the corruption, even so all these factors are linked. .