This paper sets out a framework within which the problem of corruption may be analysed in any specific country. It does not seek to establish the importance of such activity in a general sense, or seek to propose particular economic policy or institutional programmes that should be pursued in...

A macro-micro model is presented which is used to predict company failure. It bridges the gap between previous macroeconomic models and the microeconomic approach to company failure in the finance literature: it can trace the probable effects of exogenous macroeconomic shocks upon the finances...