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 …

macroeconomic stability, strengthening the financial sector, improving economic governance, and moving toward fiscal sustainability …

Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets …. The paper discusses the corporate governance of Italian banks, its regulatory framework, and the specific challenges … improving their corporate governance, more needs to be done. In this regard, further improvements should include: (i …

last two decades, Kenya has been plagued by pervasive problems of internal conflicts, constitutional crises, and corruption … scandals. The governance agenda focuses on several reforms, including upgrading the public budget and financial management …

the strengthening of fiscal management. It indicates that the government has implemented actions to improve governance and …