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 …

firms in the People’s Republic of China. The costs include general costs, which complicate monetary policy and exchange …

firms in the People’s Republic of China. The costs include general costs, which complicate monetary policy and exchange …