Although the OECD Anti-Bribery Convention has been signed by dozens of countries, only some of them enforce the laws against foreign bribery. To estimate whether the enforcement deters exports, we use a microfounded gravity model of bilateral trade flows of 132 countries. Our results imply that...

The problem of corruption in socio-economic development has long been a focus of academics and practitioners. To address this concern in China, the 18th National Congress of the Communist Party of China instituted a new anti-corruption policy. In this paper, we examine the impact of this...

This paper examines why despite increasing corruption since the 1980s, China's development has advanced so rapidly. The author argues that a strong developmental state, the prevalence of "developmental corruption" over "predatory corruption" and a temporary and relative acceptance of leading...