illustrate the interrelationships between natural resources, corruption and economic growth in Nigeria. We proposed anti-corruption …

Corruption scandals seem to abound in countries that have recently undergone reform. Despite the proliferation of …—actually causes an increase in corruption. Theory provides no guidance as to the direction of causality—on the one hand, reforms make … politicians accountable to voters, as well as introduce more competition, which should decrease corruption. On the other hand, the …

’s corruption levels. Examining a large sample of countries covering a 20-year long period, we found robust empirical support for … the fact that increases in import openness do indeed cause reductions in corruption, a crucial aspect of governance. The … corruption is close to one third of that exercised by the level of development. Some cautious policy conclusions are derived. …

institutions and corruption. A simple game theoretic model is built to show that corruption produces a tragedy of the anticommons …. It is also shown that coordinated corruption or 'maffia' behaviour produces a better use of resources than uncoordinated … corruption. …

This paper discusses the issue of perceptions and their influence on economic processes focusing on corruption … perception. The higher the perceived corruption in an organization is, the more probable it is that a person dealing with that … organization would offer a bribe, thus supporting corruption. Since corruption perceptions are rarely based on actual experience …

ILLUSTRATE THE INTERRELATIONSHIPS BETWEEN NATURAL RESOURCES, CORRUPTION AND ECONOMIC GROWTH IN NIGERIA; AS WELL AS PROPOSING ANTI-CORRUPTION …

discover their large exposure, they are likely to roll-over bad loans rather than declare their losses. This delays the crisis … theoretical model. We find that the probability of a crisis is higher in the period following financial liberalization …