unwilling to provide basic public goods such as law enforcement, order, education and infrastructure. In Africa this is often … Leone. We also present a hypothesis as to why the extent to which indirect rule has persisted varies greatly within Africa …

confirmation of this aspect of natural resources. Waste and corruption from oil rather than Dutch disease has been responsible for … distributing the oil revenues to the public. Even with all the difficulties of corruption and inefficiency that will no doubt …

"Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. We argue that … often firms in Africa do not cope with policy rules, rather they face deals; firm-specific policy actions that can be … uncorrelated with ex-post firm-level responses, further evidence that deals rather than rules prevail in Africa. Strikingly, the …

Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. We argue that … often firms in Africa do not cope with policy rules, rather they face deals; firm-specific policy actions that can be … uncorrelated with ex-post firm-level responses, further evidence that deals rather than rules prevail in Africa. Strikingly, the …

obstacles associated with corruption and weak institutions. We model these circumstances in a principal-agent framework with … economic corruption as an indicator of the strength of property right enforcement within a given country. We compare corruption … levels for a large cross section of countries in 1989 to subsequent FDI flows from 1990 to 1999. We find that corruption is …

possibility that some features of FDI host countries, such as bureaucratic corruption, may deter inward FDI, but are positively … explicitly into account corruption level in host countries and using a firm-level data set on investment projects in 24 …

literature: corruption may affect a country's composition of capital inflows in a way that makes it more likely to experience a …

This paper studies the impact of corruption in a host country on foreign investor's preference for a joint venture … versus a wholly-owned subsidiary. There is a basic trade-off in using local partners. On the one hand, corruption makes local … hand, corruption decreases the effective protection of investor's intangible assets and lowers the probability that …

In this paper we analyze the link between corruption money laundering and round-trip investment via offshore … the conclusion that there is a strong link between round-trip investment and corruption money laundering …