stability in fighting corruption and boosting corruption-control in 53 African countries for the period 1996-2010. We postulate … corruption-control. On the other hand, in the absence such impunity from corruption, political instability further fuels … corruption. Our findings validate both hypotheses. Hence, contrary to a stream of the literature, we establish causal evidence of …

Data from several investor surveys suggest that macroeconomic instability, investment restrictions, corruption and … markets promote FDI. However, lower inflation, good infrastructure, an educated population, openness to FDI, less corruption … corruption from the level of Nigeria to that of South Africa has the same positive effect on FDI as increasing the share of fuels …