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This paper provides a detailed explanation of cross-country differences in bank regulations and their sources. The results suggest that the patterns of bank regulations imply important differences bet...
Public perceptions of corruption are significant for their political consequences. But they are conceptually and empirically distinct from corruption. First, because perceptions of corruption run fa...
Corruption is a major problem in many of the world’s developing economies today. World Bank studies put bribery at over $1 trillion per year accounting for up to 12% of the GDP of nations like Nigeri...
This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in certain regimes. We identify circumstances under which a firm seeks to evade reg...
While some recent evidence suggests that more decentralization is associated with reduced corruption, no empirical work has examined whether different types of decentralization have differential eff...
Despite its difficulties and inconsistencies in framing those practices and conducts recently unveiled by the press and judicial investigations which have caused considerable public discontent, the ...
This paper examines the effect of fiscal decentralization in a country on the level of corruption. Using a tax competition framework with rent-seeking behavior, it is shown theoretically that fiscal d...
The Philippines and South Korea have long had difficult corruption problems. More recently, both have experienced significant democratization. This article compares the two cases, first developing a...
Corruption is usually defined as use of public office for personal gain. That definition is based on the assumption that there is a delineation between public and private and that use and abuse of o...
Several authors claim to provide evidence that governmental corruption is less severe in countries where trade intensity is higher or populations are smaller. We argue that theory is highly ambiguous ...
The cases of corruption reported by the media tend almost always to involve a private party (a citizen or a corporation) that pays, or promises to pay, money to a public party (a politician or a publ...
Even a very limited sampling of headlines from news magazines over the last several years about instances of corruption by police, prosecutors, andjudges illustrates the magnitude of corruption amon...
Recent interest in the political dimension of economic growth has had a significant impact on the study of the behavior of bureaucrats and how their activities affect macroeconomic performance. Most...
In recent years, the detrimental effects of bureaucratic corruption gained attention from development economists as well as international financial institutions and policymakers. Corruption, which w...
Corruption, defined as the misuse of public power (office) for private benefit, is most likely to occur where public and private sectors meet. In other words, it occurs where public officials have a...

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