Showing 1 - 10 of 96
Graft and corruption is considered to be one of the biggest threat to development. Several studies had shown the … tremendous impact of corruption in the economy. For a number of developing countries, a huge portion of government resources are … aims to contribute to the growing literature of understanding corruption in developing economies and creating the necessary …
Persistent link: https://www.econbiz.de/10009363551
We investigate the relationship between corruption and political stability, from both theoretical and empirical … between total corruption and stability. On the empirical side, we find a robust U-shaped pattern between country indices of … corruption perception and various measures of incumbent stability, including historically-observed average tenures of chief …
Persistent link: https://www.econbiz.de/10009363967
Stringent regulations coupled with corruption generate and sustain extra legal or informal transactions in the … developing countries. Does trade related reform discourage informal activities and corruption? This paper attempts to analyze … segment. Hence, trade reforms may have conflicting impact on informality and corruption. …
Persistent link: https://www.econbiz.de/10009365145
exacerbates ineciency caused by corruption. Though designed to empower the underprivileged, the fate of such credit programs … largely depends on the eciency of the credit delivery system. Corruption often erodes this eciency. Nevertheless, when a … corrupt loan ocial and a borrower interact with symmetric information, credit terms can be so designed that corruption will …
Persistent link: https://www.econbiz.de/10009365353
We examine self-enforcing honesty in firm-investor relations in an imperfect public information game. Minimum firm size requirements and moral hazard limit ability to raise outside capital, yielding a floor on personal wealth required to enter entrepreneurship. Credible auditing could create...
Persistent link: https://www.econbiz.de/10009363764
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and … Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in …
Persistent link: https://www.econbiz.de/10011277964
schemes in Asia, informed by insights from theory and international experience. The paper identifies alternative forms of …Rapid population ageing and economic transformation in Asia raise the policy challenge of ensuring income security in …
Persistent link: https://www.econbiz.de/10011277969
While it is widely recognized that industrial development is imperative in developing countries to reduce poverty and to attain sustainable economic growth, there is no consensus on how to develop industries and where to start. Generally, the literature argues that developing countries should...
Persistent link: https://www.econbiz.de/10011277986
The Asia-Pacific region is witnessing rapid economic growth. Along with rising incomes, the lifestyles of the large … pressure to adjust their lifestyles that respect the Earths’ carrying capacity. As far as countries in the Asia and Pacific … the Asia-Pacific can join hands with businesses and civil society to accelerate this transition—from a consumption …
Persistent link: https://www.econbiz.de/10011277996
with preventing productive human capital outflows ought to be considered seriously in Asia. …
Persistent link: https://www.econbiz.de/10011278005