Torgler, Benno; Piatti, Marco - Center for Research in Economics, Management and the … - 2009
determinants of extraordinary wealth. Using a large data set we explore whether globalization and corruption affect extreme wealth … accumulation. We find evidence that an increase in globalization increases super-richness. In addition, we also find that an … increase in corruption leads to an increase in the creation of super fortune. This supports the argument that in kleptocracies …