unbundles corruption to measure different types of corrupt transactions and provide detailed information on the characteristics … and performance of firms, we find that: i) corruption reduces FDI inflows and attracts lower quality investment in terms … of governance standards; ii) in misgoverned settings, FDI firms may magnify the problems of state capture and procurement …

Traditionally, national governance and corruption challenges have been seen as: i) particularly daunting in the poorer … governance constraints, and corruption in particular, is a key determinant of a country's global competitiveness. These findings … institutions, iii) a challenge within public sectors, and, iv) divorced from global governance or security issues - seen as …

This paper presents estimates of six dimensions of governance covering 199 countries and territories for four time … of governance, drawn from 25 separate data sources constructed by 18 different organizations. We assign these individual … measures of governance to categories capturing key dimensions of governance, and use an unobserved components model to …

and governance, in controlling corruption, and in improving institutional quality -- although there is clearly variance … within a country, in turn affecting governance and corruption, has often been under-emphasized in program design. These argue … worldwide governance, and present recent empirical evidence. Focusing on defining and unbundling key governance components, such …

This paper attempts to propose a methodology to combine different dimensions of governance indicators into a composite … index. The governance index is computed as the weighted average of principal components of the standardized governance … indicators, where weights are variances of successive principal components. Since the notion of good governance is multi …

traditional anticorruption measures such as the increase in corruption costs or the organization of public education campaigns … would not permanently reduce corruption levels if poverty remains diffused. Using an overlapping generation model based on a … mechanism of cultural transmission, we study the evolution both of social attidudes towards bureaucratic corruption and the …

clash, noncompliant behaviors proliferate, among them, tax evasion, corruption, bribery, organized criminality, and theft of …, circumvention, abuse, and/or corruption of institutional rules--comprise what we can be termed underground economies. A variety of …

institutions devised to discourage it. The analytical framework used to explore the symmetric tragedies of the commons and the … institutions and corruption. A simple game theoretic model is built to show that corruption produces a tragedy of the anticommons … and it can be discouraged by the introduction of competition among corrupt agents to turn it into a tragedy of the commons …