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 …

A 2015 World Bank report on the achievement of Millennium Development Goals (MDGs) revealed that since the 1990s …' postulates that: (i) one unit of currency deposited abroad represents a loss in financial development at home (ii) a fraction of …

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 …

We assemble more pieces on the puzzle of the aid-corruption nexus. In essence, we extend the debate on the effect of … foreign aid on corruption by providing evidence on dynamic effects of wealth, legal origin, religious-domination, regional … on corruption is most significant in: Middle-income, French civil-law, Christian-dominated, non-oil exporting and …

This note reconciles an on-going debate on the effect of foreign aid on corruption by introducing a previously missing … that both narratives in the debate are correct, contingent on the type of development assistance. The QR results are robust …

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 …

The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on 'the effect of foreign aid on corruption' has … reducing (increasing) corruption (corruption-control) are discussed. …

' in its current state has the shortcoming of modeling corruption as a direct effect of development assistance. This note …’s consumption expenditure increases corruption. (2) Development assistance channeled via private investment and tax effort decreases …The debate by Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) on 'the effect of foreign aid on corruption …

updated data(1996-2010) from 52 African countries we provide robust evidence of a positive aid-corruption nexus. Development …The Okada & Samreth(2012, EL) finding that aid deters corruption could have an important influence on policy and … academic debates. This paper partially negates their criticism of the mainstream approach to the aid-development nexus. Using …