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states. This in turn directly affects Europe’s energy supply security and threatens to engulf Europe in unwanted hostilities … of dividend programs, the link between corruption and security of energy supplies, additional possible actions of the … supply security, poor transparency, and inequality, and proves that a low level of economic diversification is a reliable …
Persistent link: https://www.econbiz.de/10005835694
There is an adage about wealth and democracy that says “the more well-to-do a nation, the greater the chances it will sustain democracy.” Accordingly, one would expect that nations rich in natural resources, and particularly those with large deposits of oil – a clear absolute advantage –...
Persistent link: https://www.econbiz.de/10005623493
controlling for age dependency, number of police (and security) officers, per capita economic prosperity, educational level and …
Persistent link: https://www.econbiz.de/10011110834
With earthshaking and jaw-breaking levels of corruption in the African continent, the question on the extent to which corruption influences crime still remains unanswered. This paper assesses the effect of corruption (corruption-control) in 38 African countries using updated data. We find that,...
Persistent link: https://www.econbiz.de/10011112828
We extend the Okada & Samreth (2012, EL) and Asongu (2012, EB) debate on ‘the effect of foreign aid on corruption’ by: not partially negating the former’s methodological underpinning (as in the latter’s approach) with a unifying empirical framework and; broadening the horizon of inquiry...
Persistent link: https://www.econbiz.de/10011258764
This paper takes a fresh look at three issues in the aid effectiveness debate. First, we assess the theoretical case for foreign aid. Using an endogenous growth version of the standard overlapping generations model, we show that aid can be an effective policy tool in spurring growth in poor...
Persistent link: https://www.econbiz.de/10011262865
This paper puts figures to the facts of Eubank (2012), a recently celebrated paper in the Journal of Development Studies. We investigate the underpinning Somaliland-based hypothesis that foreign aid dilutes the positive role of taxation on political governance. The assessment is based on 53...
Persistent link: https://www.econbiz.de/10011264809
This note reconciles an on-going debate on the effect of foreign aid on corruption by introducing a previously missing heterogeneity dimension of aid. The relationship was estimated using dynamic system GMM and quantile regressions (QR). Results show that both narratives in the debate are...
Persistent link: https://www.econbiz.de/10011264816
This paper assesses the effectiveness of foreign aid in improving government institutions in 52 African countries using updated data(1996-2010). Findings suggest development assistance deteriorates government quality dynamics of corruption-control, political-stability, rule of law, regulation...
Persistent link: https://www.econbiz.de/10009647201
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 updated data(1996-2010) from 52 African countries we...
Persistent link: https://www.econbiz.de/10009647255