We examine the effects of oil rents on corruption and state stability exploiting the exogenous within-country variation … increase in oil rents significantly increases corruption, significantly deteriorates political rights while at the same time … redistribution and conflict. We support our argument documenting that there is a significant effect of oil rents on corruption in …

This paper analyses why corruption can persist for long periods in a democracy and inquires whether this can result …, the paper analyzes how corruption distortsthe allocation of resources between public and private expenditure, altering the … citizens can indirectly benefit from corruption. The paper shows that, under this condition, if the citizens anticipate a shift …

government bonds and Short-term Bank Indonesia certificates (SBIs). The financial and corporate sectors were resilient to the …

-term outlook reflects the more challenging global environment that Indonesia faces. …

ended on July 6, 2012, with the officials of Indonesia on economic developments and policies. Based on information available …

companies, and pension funds. Bank Indonesia (BI), the central bank, is responsible for regulation and supervision of the …