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action became permanent features of the G20 agenda. Tackling corruption was one of them. Corruption is being characterised as … an international problem requiring collective corrective action. The G20 established an Anti-Corruption Working Group as … early as in 2010, at the fourth summit in Toronto, which sets the Anti-Corruption Action Plan for the G20 members. Over the …
Persistent link: https://www.econbiz.de/10012308405
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The ambiguous phenomenon of corruption has long been the cause of great theoretical debate in economics. By using … Structural Equation Modelling, with the two types of corruption as a latent variable, this paper employs causal and indicative … variables specific to the Latin American region to test for rent seeking and systemic corruption in the period between 1980 …
Persistent link: https://www.econbiz.de/10012605890
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This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into account key institutional features of EU public utilities, such as: a) regulation by agencies with various degrees of independence; b) partial ownership of the state in the regulated...
Persistent link: https://www.econbiz.de/10008729094
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European Union countries offer a unique experience of financial regulatory and supervisory integration, complementing various other European integration efforts following the second world war. Financial regulatory and supervisory integration was a very slow process before 2008, despite...
Persistent link: https://www.econbiz.de/10011613840
We consider an inspection game between $n$ polluting firms and an environmental enforcement agency. If the cost of monitoring ambient pollution is low enough, the optimal inspection policy consists in imposing the maximal possible fine, and mixing between observing ambient pollution and not...
Persistent link: https://www.econbiz.de/10011597940
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We analyze the impact of elected competitors from the same constituency on legislative shirking in the German Bundestag from 1953 to 2017. The German electoral system ensures that there is always at least one federal legislator per constituency with a varying number of elected competitors from...
Persistent link: https://www.econbiz.de/10012301926