In recent years, corruption and possible anti-corruption measures have been extensively discussed at the national, international and multilateral levels. This article provides an empirical analysis of corruption by viewing corruption as an evolutionary process. It assumes that the institutional...

This article empirically investigates the recent hypothesis advanced by Demirguc-Kunt et al. (2004) and Barth et al. (2006) that countries' choices regarding bank regulations reflect their historical and political characteristics. Based on a dataset with 151 developed and developing countries,...