Showing 1 - 10 of 525
This paper argues that corruption patterns are endogenous to political structures. Thus, corruption can be systemic and … revolution by creating a system of patronage and loyalty through corrupt bureaucracy. Competitive corruption patterns are … associated with anarchy and weak dictators, while strong dictators implement a system of monopolistic corruption. Efforts at …
Persistent link: https://www.econbiz.de/10012782606
factor in determining a country’s level of corruption. In a simple growth model, we illustrate the interrelationships between … natural resources, corruption, and economic growth, and discuss potential anti-corruption policies. We show that the extent of … corruption depends on natural resource abundance, government policies, and the concentration of bureaucratic power. Furthermore …
Persistent link: https://www.econbiz.de/10013212111
world during the period 1960-2010, using a dynamic panel estimation approach based on the system-generalized method of …
Persistent link: https://www.econbiz.de/10013085981
Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset. Conflict is also associated with dramatic declines...
Persistent link: https://www.econbiz.de/10012828235
This paper analyzes the interlinkages between climate shocks, domestic conflicts, and policy resilience in Africa. It builds on a Correlated Random Effect model to asess these interrelationships on a broad sample of 51 African countries over the 1990-2018 period. We find suggestive evidence that...
Persistent link: https://www.econbiz.de/10014264533
, changes in global news sentiment have a larger impact on equity returns around the world, which does not reverse in the short …
Persistent link: https://www.econbiz.de/10012895104
Using panel data for a large number of countries, we find that economic contractions are not followed by offsetting fast recoveries. Trend output lost is not regained, on average. Wars, crises, and other negative shocks lead to absolute divergence and lower long-run growth, whereas we find...
Persistent link: https://www.econbiz.de/10014063095
Public procurement can be highly vulnerable to corruption. This paper outlines a methodology and results in assessing … corruption risks in public procurement and their impact on relative prices, using large databases on government contracts and … corruption risk factor (aggregated in a synthetic corruption risk index). While there are intrinsic limitations to our study …
Persistent link: https://www.econbiz.de/10014081633
Corruption is macro-relevant for many countries, but is often hidden, making measurement of it-and its effects … perception-based measures, reliance on a limited pool of experts, and an inability to distinguish between corruption and … institutional capacity gaps. This paper attempts to address these limitations by leveraging news media coverage of corruption. We …
Persistent link: https://www.econbiz.de/10012910354
This paper studies the effect of digitalization on the perception of corruption and trust in tax officials in Africa … digital adoption is associated with a reduction in the perception of corruption and an increase in trust in tax officials … the use of Internet on the perception of corruption. Yet, the paper shows that the dampening effect of digitalization on …
Persistent link: https://www.econbiz.de/10012829704