Who really wins from foreign direct investment (FDI) and by how much? Should winners care about corruption? Building on … evidence of heterogeneity in the FDI-growth relationship, we propose a semiparametric model that allows corruption to influence … of instrumental variables. We find evidence that corruption has a sizeable nonlinear role in the FDI-growth relation …

Government corruption is more prevalent in poor countries than in rich countries. This paper uses cross …-industry heterogeneity in growth rates within Vietnam to test empirically whether growth leads to lower corruption. We find that it does. We … results suggest that as poor countries grow, corruption could subside …

Contrary to the currently dominant view, it was not poor governance nor the associated corruption which were the prime … sector financial management and governance. The economic problems primarily arose from external events over which African …

governance shapes the efficiency of public spending, which in turn, determines the growth effects of corruption. Specifically …This paper analyses how the quality of governance, the size of public spending, and economic development affect the … relationship between bureaucratic corruption and economic growth. The analysis shows that the interaction between corruption and …