Corruption can slow down economic growth by reducing investments in physical and human capital, and creating political instability. However, it can also boost trade volume and decrease government size. The impact of corruption on growth depends on the level of economic freedom and institutional development. When economic freedom is low, corruption can actually help growth, but as institutions improve, the benefits of corruption decrease. Corruption can also increase uncertainty in investment decisions and lead to additional costs in the economy. Overall, corruption has complex effects on economic growth and governance quality, and can vary depending on the specific circumstances.