This paper offers a new interpretation of the connection between openness and good governance. Assuming that corruption … display lower corruption in equilibrium. In data, naturally more open economies' do exhibit less corruption even after taking …

This paper offers a new interpretation of the connection between openness and good governance. Assuming that corruption … display lower corruption in equilibrium. In data, naturally more open economies' do exhibit less corruption even after taking …

This paper studies the impact of corruption on inward foreign direct investment using a unique firm-level data set. It … examines two effects of corruption simultaneously: a reduction in the volume of foreign investment and a shift in the ownership … structure. Corruption makes local bureaucracy less transparent and hence acts as a tax on foreign investors. Moreover …

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 …

October 1999 - Other things being equal, countries with higher tax rates, more corruption, or more restrictions on … bureaucratic corruption adds to those burdens rather than reducing them. In a sample of 14 source countries making bilateral … investments in 45 host countries, Wei finds that taxes, capital controls, and corruption all have large, statistically significant …