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results of an extensive ethnographic field study of the 2006 to 2008 Siemens corruption scandal. We find that this event did … corporate corruption with regard to its regulative, normative, and cultural-cognitive dimensions. It is therefore particularly … perspective we reconstruct the development of the institutional context of the phenomenon corruption as well as its effects on the …
Persistent link: https://www.econbiz.de/10009447139
Seit dem Ende der Bretton-Woods Ära haben zahlreiche Bankenkrisen Volkswirtschaften immense Kosten auferlegt. Die vorliegende Studie beschäftigt sich mit den politökonomischen Einflussfaktoren auf die Tiefe dieser Bankenkrisen. Es wird argumentiert, dass nur schnelle und tiefgreifende...
Persistent link: https://www.econbiz.de/10009471832
welfare through their decisions. Yet, cases of central bank corruption abound. The dissertation provides examples of ?pure …? corruption in central banks. Only a few studies address corruption and similar, but not necessarily criminal, behavior of central … bank employees and governors, even though corruption in the central bank is obviously possible. By the very nature of their …
Persistent link: https://www.econbiz.de/10009484798
in and that put their clout for the fight against corruption in question. Against this background, three novel anti-corruption …. What is more, legislation can also take advantage of these chinks to fight corruption effectively.In Section II it is … United Nations Convention against Corruption (UNCAC) are used as benchmarks. In addition, the respective legal provisions …
Persistent link: https://www.econbiz.de/10009484807
Over the past few decades, many countries have experienced a marked decline in the volatility of output. However, there is still a significant difference between developed and developing countries in the level of output volatility. A proposed explanation for this phenomenon is the impact of...
Persistent link: https://www.econbiz.de/10009457744
This paper presents an analysis of how alternative models of the business cycle can replicate the stylized fact that large governments are associated with less volatile economies. Our analysis shows that adding nominal rigidities and costs of capital adjustment to an otherwise standard RBC model...
Persistent link: https://www.econbiz.de/10012530164
relationships'. The focus of the paper is on how and why corruption occurs in trustee decisionmaking, especially concerning … community development projects. Implications are drawn from the model of corruption for current debate over the proper scope of … systematic nature of corruption and the potential harm occasioned by corrupt trustee decisionmaking. It is also argued that the …
Persistent link: https://www.econbiz.de/10009441468
We consider a neoclassical growth model with endogenous corruption. Corruption and wealth, which are co-determined in … corruption, and if indeed as suggested by a number of empirical studies corruption hampers growth, then how did rich countries … relatively closed economies of the 19th century, the gains from corruption remained inside the country and became part of the …
Persistent link: https://www.econbiz.de/10009446906
Corruption brings a burden on the society especially on the poor, creates a high risk of macro-economy, endangers … financial stability, compromises security, law and public order, and above all, corruption humiliates state legitimating and … credibility before its people. Therefore, the institutions associating in Integrated Criminal Justice System such as Corruption …
Persistent link: https://www.econbiz.de/10009464722
There is growing consensus on the view that corruption hurts economic performance by reducing private investment, by … –, corruption also has adverse distributional effects as it hurts the poor disproportionately. For a given level of government … budget and national income, high corruption countries achieve lower literacy rates, have higher mortality rates, and overall …
Persistent link: https://www.econbiz.de/10009468223