This paper examines the effect that a country's business regulatory environment has on the amount of foreign direct investment it attracts. We use the World Bank's Ease of Doing Business ranking to capture the costs that firms face when operating in a country. Several interesting results emerge....

Two features of the globalising economy are its technological dynamism and its increasing service orientation. International tourism is an important element of the “new economy” of globalisation, as are new information and communication technologies. The relations between these two central...

This paper contributes to the aid effectiveness debate by applying a vector autoregression model to a panel of Sub-Saharan African countries. This method avoids the need for instrumental variables and allows one to analyse the impact of foreign aid on human development and on economic...

This paper examines the effect that experiencing corruption has on an individual's mental health using microeconomic data from the Afrobarometer surveys. The results show a statistically significant and economically meaningful effect in both binary and ordered probit models using both an...

This paper argues that even if elites or reformers are willing to put anticorruption laws in place, the legacy of corruption and mistrust may render them ineffective. We begin by discussing the importance of trust and the literature that has shown that corruption has a significant effect on...

Previous studies have documented evidence of endemic corruption in the water and sanitation sector but only a few studies have examined the link between corruption and access to water. Drawing on data from the Afrobarometer surveys, which record 45,000 households’ access to water across...