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Many countries spend significant resources on investment promotion agencies in the hope of attracting inflows of foreign direct investment. Despite the importance of this question for public policy choices, little is known about the effectiveness of investment promotion efforts. This study uses...
Persistent link: https://www.econbiz.de/10012552788
The 2005 Paris Declaration on Aid Effectiveness sets targets for increased use by donors of recipient country systems for managing aid. It also calls for donors to be more responsive to the quality of recipient country systems: the optimal level of their use, in terms of maximizing the...
Persistent link: https://www.econbiz.de/10012559455
This paper discusses mechanisms of grand corruption in private sector utility provision in developing countries. By the … term "grand corruption," the authors abstract from the petty corruption that consumers experience - for example, when firms … government level involving private sector management, ownership, and provision of utility services. Corruption at that level may …
Persistent link: https://www.econbiz.de/10012552242
: large payments to gain or alter contracts and circumvent regulations are common. The impact of corruption goes beyond bribe …-and this is where the major impact of corruption is felt. Regulation of the sector is necessary, but simplicity, transparency … enforced regulation of the construction process. Where government is the client, attempts to counter corruption need to begin …
Persistent link: https://www.econbiz.de/10012552721
quality of services. It also shows that corruption leads to adjustments in the quantity, quality, and price of services … privatization and the introduction of independent regulators have, at best, only partial effects on the consequences of corruption …
Persistent link: https://www.econbiz.de/10012553902
This paper examines what we can say about the extent and impact of corruption in infrastructure in developing countries … using existing evidence. It looks at different approaches to estimating the extent of corruption and reports on the results … very weak proxies for the actual extent of corruption in the infrastructure sector, largely (but inaccurately) measuring …
Persistent link: https://www.econbiz.de/10012553918
Embezzlement of resources is hampering public service delivery throughout the developing world. Research on this issue is hindered by problems of measurement. To overcome these problems, the authors use an economic experiment to investigate the determinants of corrupt behavior. They focus on...
Persistent link: https://www.econbiz.de/10012559630
In the standard model of corruption, the rich are more likely to pay bribes for their children's education, reflecting … Bangladesh, this paper finds strong evidence that corruption in schools is doubly regressive: (i) the poor are more likely to pay … implies that "free schooling" is free only for the rich and corruption makes the playing field skewed against the poor. This …
Persistent link: https://www.econbiz.de/10012560779
Taking price changes from the Global Trade Analysis Project (GTAP) model of world trade, the authors use a small open economy computable general equilibrium comparative static model of the Russian economy to assess the impact of global free trade and a successful completion of the Doha Agenda on...
Persistent link: https://www.econbiz.de/10012554182
Foreign direct investment (FDI) flows to developing countries surged in the 1990s to become their leading source of external financing. This rise in FDI volume was accompanied by a marked change in its composition: investment taking the form of acquisition of existing assets (mergers and...
Persistent link: https://www.econbiz.de/10012559631