This paper presents two propositions about corruption. First, the structure of government institutions and the … political process are a very important determinant of the level of corruption. In particular, weak governments which do not … control their agencies would lead to ultra-high corruption levels. Second, the illegality of corruption and the need for …

threats, corruption, and other relevant controls. While growth falls with higher levels of military spending, given the values …

, the real price of oil has tended to be highly persistent and volatile whenever rapid industrialization in a major world … economy coincided with uncertainty regarding access to supply. We present a modified commodity storage model that fully …

analysis is on three related hypotheses tested with both "world" aggregate levels and on an individual country basis. First …

thus dampens the negative effect that deposit insurance has on banks' risk taking. "--World Bank web site …