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This study investigates the impact of corruption on public and private investment in African countries as a way of … exploring one channel through which corruption undermines growth. The empirical results indicate that corruption affects … economic growth directly and through its impact on investment. We find that corruption has a negative and significant effect on …
Persistent link: https://www.econbiz.de/10013157506
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance …. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government's reliance on …
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This paper explores the “resource curse” problem as a counter-example of creative performance and innovation by examining reliance on capital and physical resources, showing the gap between expectations and ex-post actual performance became clearer under conditions of economic turmoil. The...
Persistent link: https://www.econbiz.de/10014162315
many distortions observed in practice, including patronage, variations in contract enforcement and the role of political …
Persistent link: https://www.econbiz.de/10013307457
Cover -- Endorsements -- Half Title -- Series Page -- Title Page -- Copyright Page -- Table of Contents -- List of figures -- List of tables -- Preface -- 1. Cronyism, growth and inequality -- Ricardo's predicament and the argument in short -- Contribution: understanding Ricardo's predicament --...
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