In this paper we explore the effects of corruption on financial sector performance for a sample of 38 developed and developing economies for the period 1995-2005. Using system-GMM technique our results demonstrate that corruption undermines the efficacy of a developed financial sector....

In this paper we explore the effects of corruption on financial sector performance for a sample of 38 developed and developing economies for the period 1995-2005. Using system-GMM technique our results demonstrate that corruption undermines the efficacy of a developed financial sector....

Recognizing the importance of sound fiscal policy, the present study analyses the link between fiscal policy and macroeconomic activities for Pakistan's economy for the period 1972 – 2008. The study also examines the effectiveness of fiscal policy under different political regimes. Moreover,...