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resultant prosperity. We also emphasize that enforcing regulations is a complex task given corruption, informal markets, and the …
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economies. We focus on the corruption distance between the home and host countries as a crucial part of institutional quality …. Our results confirm that FDI flows are higher when they come from countries with low differences in corruption with Turkey …. Conversely, FDI flows are negatively affected when there exists a large difference in corruption between the investing country …
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