This paper assesses how legal origin influences financial development through regulation quality and the rule of law …. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law … size. The results broadly support the benefits of law mechanisms in financial development. The findings only show partial …

This policy chapter summarises an evolving debate on the effect of foreign aid on corruption and institutions. It … institutions. Moreover, another debate on the incidence of foreign aid distortions on corruption is also assessed in light of a … recently celebrated literature on development assistance. Overall, the findings show that the effects of foreign aid on …

Education as a tool in the fight against corruption has been subject to much debate in academic and policy making … corruption. Second, there is evidence of an incremental effect in the transition from secondary to tertiary education. Third …, lifelong learning defined as knowledge acquired during primary, secondary and tertiary education negatively affects corruption …

globalisation (EG) to foster inclusive green growth (IGG). First, the study finds that EG hampers IGG in Africa. Second, although … structures for corruption control and the rule of law that are crucial. Our results shed new light on IGG and have several …

informal sector in the presence of corruption. The impact of the interaction between growth and corruption on economic … the empirical literature because it studies the effect of the interaction between growth and corruption in the informal …, economic growth interacts with corruption and produces negative net effects up to a corruption threshold of 4.79745 when this …

. Using a large annual panel of African countries with a time series of 25 years, ours results show that when the corruption … rate is above (below) a threshold of 1.3577, economic growth reduces (increases) informal economic sector. The corruption … proxy is measured as a decreasing function of corruption such that higher levels of the corruption proxy translate lower …

A 2015 World Bank report on the achievement of Millennium Development Goals (MDGs) revealed that since the 1990s …, extreme poverty has been decreasing in all regions of the world with the exception of Africa where about 50 percent of … countries in Sub-Saharan Africa did not achieve the MDG extreme poverty target despite the sub-region enjoying more than two …