To predict economic success and failure, academics and policymakers alike are interested in the differences in institutional structures across natural resource-based economies. This paper uses a political economy framework to examine the effect of institutional variables on per capita...

How does multinational corporation (MNC) activity affect corruption in developing countries? The existing literature tends to suggest that economic integration helps reduce corruption, as it increases market competition and efficiency and promotes the diffusion of good governance. In this...

In the past two decades, much of foreign direct investment in the primary sector has flowed to unconventional, politically risky destinations. This presents a puzzle for theories that emphasize the ex post immobility of --- and hence high potential expropriation risk for --- fixed asset...