corrupt practices. Much of the proceeds of this corruption find 'safe haven' in the world?s financial centers. These criminal … flows are a drain on social services and economic development programs, contributing to the impoverishment of the world …-profile cases with creative international cooperation have demonstrated that asset recovery is possible. However …

In this paper, we focus on the determinants of the relationship between aid and corruption. We propose a static … principal-agent model where a donor faces the problem of giving aid to a recipient country in which the phenomenon of corruption … is widely spread. We distinguish among two different types of corruption: one, that we call endemic, that depends on the …