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 …

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 …

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. …

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 …

In this paper a Markov chain Monte Carlo (MCMC) technique is developed for the Bayesian analysis of structural credit … state variables and any nonlinear transformation of state variables and parameters, facilitating practical credit risk … straightforwardly obtained from the MCMC output. The method is implemented on the basic structural credit risk model with pure …

some policy questions that confront China, as a major resource-procuring economy seeking resource security through foreign …

economy and political power. In the last twenty five years the economy of China, a nation of 1.3 billion, has grown by a … almost half of the world output and more than half world trade, with China accounting for half of that. In 2010, Chinaâ …

This article analyses the motivation and impact of the 2009 intervention of the China Iron and Steel Association (CISA …

€™s Republic of China (PRC), one of the important major assembly bases, confirms the existence of international production sharing … study also points out the importance of the People’s Republic of China and Thailand as assembly bases. It concludes that …