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Persistent link: https://www.econbiz.de/10005631248
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This paper studies the relationship between corruption and sustainable development in a sample of 110 countries between … that cross-national measures of perceived and experienced corruption reduce growth in genuine wealth per capita. In … contrast to the evidence on the relationship between corruption and growth in GDP per capita, the negative correlation between …
Persistent link: https://www.econbiz.de/10008727347
This paper evaluates the extent of regulation in a democracy with political corruption. Elected politicians can …-perfect equilibria of the resulting game, and demonstrate that voters agree to tolerate some corruption and inefficient regulation in … political equilibrium. Efficient policies can be promoted by productivity growth. Political corruption entails excessive …
Persistent link: https://www.econbiz.de/10005489315
We evaluate the impact of real business cycle shocks on corruption and economic policy in a model of entry regulation … in a representative democracy. We .nd that corruption is procyclical and regulation policy is counter-cyclical. Corrupt …
Persistent link: https://www.econbiz.de/10005783743
Many scholarly articles on corruption give the impression that the world is populated by two types of people: the … "sanders" and the "greasers". The "sanders" believe that corruption is an obstacle to development, while the "greasers" believe … that corruption can (in some cases) foster development. This paper takes a critical look at these positions. It concludes …
Persistent link: https://www.econbiz.de/10005783825
We study the joint determination of corruption and economic growth. Our model can generate multiple equilibria when … complementarity between corruption and growth is sufficiently strong. Our estimates of the impact of corruption on growth take into … account that corruption is endogenous and that there may exist different growth/corruption regimes. In a cross section of …
Persistent link: https://www.econbiz.de/10005113755
What causes ‘gas wars’ between Russia and Ukraine? In this paper I argue that contract disputes in the eastern European … between Russia and Ukraine. This framework helps produce a nuanced understanding of bargaining breakdown that led to the most …
Persistent link: https://www.econbiz.de/10011249369
is neither high nor low when compared to other bi-lateral relations with Russia. While trust appears to have contributed … potentially puts Norway and Russia on a path to increased competition for their primary gas markets, first in Germany and then in …
Persistent link: https://www.econbiz.de/10011253069
in levels of trust between West European companies and politicians toward Russia. And finally, it underscores the …
Persistent link: https://www.econbiz.de/10010817475