"This book suggests how high levels of corruption limit investment and growth can lead to ineffective government …. Developing countries and those making a transition from socialism are particularly at risk, but corruption is a worldwide … phenomenon. Corruption creates economic inefficiencies and inequities, but reforms are possible to reduce the material benefits …

Corruption affects the composition of capital inflows in a way that may raise the likelihood of a currency crisis …

June 2000 - The extent of corruption in a host country affects a foreign direct investor's choice of investing through … a joint venture or through a wholly owned subsidiary. Corruption reduces inward foreign investment and shifts the … ownership structure toward joint ventures. Smarzynska and Wei study the impact of corruption in a host country on foreign …

Is it true that fighting corruption can improve economic efficiency and that fighting bribery can be productive? Not …