This paper summarizes the results of a book that examined the theory of the economic impact of colonialism, the economic policies pursued by colonial governments from 1800 to 1950, and the impact of these policies on economic growth, industrialization, literacy rates and stock of human capital...

It is the central thesis of this paper that imperialism retarded the development of human resources in lagging countries during the century ending in the 1950s. This result is established both theoretically and empirically. Controlling for other factors that might affect stocks of human capital...

This paper explores the potential for empirical analysis of corruption and countervailing action, based on data extracted from newspapers. Theoretical analysis suggests that when the press is free and competitive, it is likely to cover corruption and direct forms of countervailing action...

This note argues that the competitive paradigm of neoclassical economics breaks down in the presence of constant returns to scale (CRS). With CRS, all goods can be produced at identical costs by all economic agents, making self-production a feasible alternative to market production. In the...

An examination and critique of the functionalist literature on corruption in the political administration of less developed countries (LDCs) indicate that its claims are without empirical foundation. Its theses with regard to the political, economic and administrative effects in most LDCs...

It has often been argued that bribery creates auction-like conditions and, hence, improves allocative efficiency of bureaucratic decisions. This article shows that these auction-like conditions are not likely to exist because officials will restrict access to bribery in order to reduce the risks...

Starting from a simple premise, this paper has proposed a framework that is at once capable of explaining variations in levels of corruption across governments, their subunits, and over time.The simple premise is that corruption nearly always creates winners and losers who may take...