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bureaucracy in place of political appointees as an important component of the institutional environment in which private … corruption of their subordinates as a byproduct of their efforts to implement their preferences using tax revenue. Within this …
Persistent link: https://www.econbiz.de/10012473683
arise when monitoring corruption is difficult relative to monitoring the provision of public services, and politically …-important groups of citizens do not bear the full cost of corruption. The existence of such systems can distort the effective incidence … of the tax burden, reduce the incentives of government to fight corruption, and legitimize bribe-taking …
Persistent link: https://www.econbiz.de/10014421219
It is often argued that informal labor markets in developing countries promote growth by reducing the impact of regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage-posting framework of Burdett and Mortensen (1998) to allow...
Persistent link: https://www.econbiz.de/10012460313
Many countries, especially developing ones, follow procyclical fiscal polices, namely spending goes up (taxes go down) in booms and spending goes down (taxes go up) in recessions. We provide an explanation for this suboptimal fiscal policy based upon political distortions and incentives for...
Persistent link: https://www.econbiz.de/10012467077
We examine the correlation between gender and bureaucratic corruption using two distinct datasets, one from Italy and a … second from China. In each case, we find that women are far less likely to be investigated for corruption than men. In our … Italian data, female procurement officials are 34 percent less likely than men to be investigated for corruption by …
Persistent link: https://www.econbiz.de/10012482615
Corruption is a widespread phenomenon in many developing and transitional economies. China is a country in profile both … in the prevalence of corruption, and in its attempts to root out corruption. The recent anti-corruption campaign in China …. It has had lasting impact on the functioning of the Chinese bureaucracy, and on the behavior of firms and consumers. It …
Persistent link: https://www.econbiz.de/10014287377
This article reviews the recent literature in economics on small-scale entrepreneurship ("microentrepreneurship") in low-income countries. Major themes in the literature include the determinants and consequences of joining the formal sector; the impacts of access to credit and other financial...
Persistent link: https://www.econbiz.de/10012479185
Informal payments are a frequently overlooked source of local public finance in developing countries. We use microdata from ten countries to establish stylized facts on the magnitude, form, and distributional implications of this "informal taxation." Informal taxation is widespread, particularly...
Persistent link: https://www.econbiz.de/10012463428
inconsistent with the romantic and parasite views, but supports the dual view. In this "Walmart" theory of economic development …
Persistent link: https://www.econbiz.de/10012464127
We establish five facts about the informal economy in developing countries. First, it is huge, reaching about half of the total in the poorest countries. Second, it has extremely low productivity compared to the formal economy: informal firms are typically small, inefficient, and run by poorly...
Persistent link: https://www.econbiz.de/10012458461