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We examine the impact of foreign corruption regulation on economic development in highcorruption-risk areas. We find that, after a mid-2000s increase in enforcement of the US Foreign Corrupt Practices Act (FCPA), economic activity (measured by nighttime luminosity) in African communities within...
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The year 2010 witnessed two major business phenomena in the world. First, an unprecedented degree of consensus among … more than 120 countries to require or permit the use of International Financial Reporting Standards (IFRS) in their … Securities Exchange Commissions (IOSCO) ratified International Financial Reporting Standards (IFRS) in 2002, FDI inflows started …
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development - particularly in the developing world. Yet while a large national income can result from resource wealth, it can also …
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In common with several other low-income African economies, in recent years Mozambique has seen a significant expansion of interest and investment in its long-established extractives industries. Huge new gas finds in particular have led to expectations that these industries will contribute very...
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