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Purpose – This paper aims to examine the impact of corruption and bureaucracy on economic growth in Greece as measured … beta convergence theory. Findings – The results confirm the negative impact of bureaucracy and corruption on economic … growth. However, the corruption exerts a more significant influence on growth than bureaucracy. Also, the timing of …
Persistent link: https://www.econbiz.de/10010709756
Bureaucracy and corruption represent major causes of fiscal crises, and structural unemployment all over the world …. According to WEF 2014 Global Risk Report, the bureaucracy has a high level in European countries and appreciation is growing … in the future. Corruption is growing in a changing global environment and is considered one of the most important …
Persistent link: https://www.econbiz.de/10010992013
Recent years have seen the emergence of a considerable volume of literature on governance and its role in economic and social development of a country. This paper provides a critical review of the literature. This review brings into the open a number of serious conceptual, measurement, and data...
Persistent link: https://www.econbiz.de/10010992042
We study stochastically stable behaviour in 2 x 2 coordination games where the risk-dominant equilibrium differs from the Pareto-efficient equilibrium. Individuals are randomly matched to another individual in the population with full support and they choose strategies by imitating the most...
Persistent link: https://www.econbiz.de/10010856540
Can corruption improve economic efficiency? Classical political economists argue that corruption undermines the rule of … law (Smith 2001, chap 5). The modern Public Choice proponents argue that corruption and lobbying might influence the … efficiency of the rule of law. While Chicago Public Choice scholars model how legal lobbying, which is corruption in Virginia …
Persistent link: https://www.econbiz.de/10010883432
In this paper I present a brief survey on corruption from an economic point of view. Since corruption is a very complex … phenomenon, the first part of the work gives an overview of possible definitions of corruption offered by the economic literature … theoretical literature, I present a schematic review of the consequences of corruption on economic growth. …
Persistent link: https://www.econbiz.de/10010942352
В статье анализируется коррупция в государственном аппарате военных диктатур генералов А.И. Деникина и П.Н. Врангеля в непосредственной связи с экономическим...
Persistent link: https://www.econbiz.de/10011270461
Представлен анализ взаимодействия государства и экономики в современных условиях падения темпов экономического роста и обострения международных отношений,...
Persistent link: https://www.econbiz.de/10011248072
suggests thaht corruption, which is likely to emerge in long term reciprocal relationships between public officials and …
Persistent link: https://www.econbiz.de/10011259731
such bureaucracy intermediaries are, anecdotally,linked with corruption and welfare losses, few formal analyses exist. In …Intermediaries helping individuals and rms with the government bureaucracy are common in developing countries. Although … are better offthan if intermediaries and corruption had not existed. Intermediaries grease the wheels. We then study …
Persistent link: https://www.econbiz.de/10009651361