Governance measurement is a relatively new source of entertainment for economists. The World Bank Institute paved the way in the late 1990`s with the now famous suite “Governance Matters”, I, II, III, IV… The little imagination of KKZ , regarding the choice of the title of their...

Using a panel of up to 116 countries from 1970-2010 we estimate the effects of foreign aid flows on a variety of measures of institutional quality. We find that aid flows are associated with the deterioration of both political and economic institutions. Regarding the latter, aid flows are...

This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that corruption leads to an increase in public debt. We also investigate if the effect of corruption on pblic debt is increased by government expenditure, the shadow economy and military...

Purpose – The purpose of this paper is to focus on the relationship between corruption and productive entrepreneurship in general and whether it depends on countries' specific characteristics in particular.Design/methodology/approach – The authors used a unique data set of entrepreneurial...

Economic and rent-seeking outcomes are determined jointly in a dynamic general equilibrium model of corruption, public spending and growth. In an economy with government intervention and capital accumulation, state-appointed bureaucrats are responsible for providing public goods, which...

While methodologies and survey techniques recorded progress over the years, corruption measurement remains a many-headed monster. Since 2003 and the first publication of Transparency International’s Global Corruption Barometer, researchers have access to population’s feeling about the...

The Corruption Perception Index (CPI) is the most famous corruption evaluation since its first publication by Transparency International (TI), in 1995. This index is also considered the most robust measure of corruption perceptions. However, since it precisely refers to perceptions, it...

Transparency International’s annual Corruption Perception Index (CPI) has become the single most effective advocacy tool in the global fight against fraud, embezzlement and other abuses of public office for private gain. Countries relegated to the bottom tier of the CPI rankings are not only...

Successive governments in Nigeria have introduced reforms aimed at improving the efficiency and effectiveness of the civil service. Still, the service remains inefficient and incapable of reforming itself, let alone the rest of the economy. Corruption has become an endemic feature of public...

A common objection to results-based programs is that they are somehow more vulnerable to corruption. This paper explains why results-based approaches to foreign aid may be less vulnerable to corruption than the traditional approaches which monitor and track the purchase and delivery of inputs...