Government corruption is more prevalent in poor countries than in rich countries. This paper uses cross …-industry heterogeneity in growth rates within Vietnam to test empirically whether growth leads to lower corruption. We find that it does. We … results suggest that as poor countries grow, corruption could subside …

Does corruption grease or sand the wheels of economic growth? This paper uses meta-analysis techniques to … corruption on growth from 41 empirical studies. We find that the main factors explaining the variation in these estimates are … whether the model accounts for institutions and trade openness (both are found to deflate the negative effect of corruption …

differential indicates that the real costs of inflation over time may be high for individual countries as well as for the world …This paper reconsiders the relationship between inflation, economic growth and external debt, and discusses various … channels through which (a) increased inflation tends to reduce growth and raise foreign indebtedness over time and (b …

Some channels through which increased inflation tends to reduce economic growth, and vice versa, are studied within a … potential impact of inflation on: (a) saving through real interest rates (or uncertainty); (b) the income velocity of money; (c …) the government budget deficit through the inflation tax and tax erosion; and (d) efficiency in production through the …

Countries that have pursued distortionary macroeconomic policies, including high inflation, large budget deficits and … investors, widespread corruption, and a high degree of political instability. This Paper documents that countries that inherited …