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corruption. Adverse interactions between politics, business and law enforcement generate obstacles for the rule of law and remain …
Persistent link: https://www.econbiz.de/10011392847
knows the social cost of a lower grade good. We show that corruption is always detrimental to welfare when governance is …
Persistent link: https://www.econbiz.de/10014173744
provision in-house and privatizing the facility and then outsourcing the production. In particular, we focus on corruption in …
Persistent link: https://www.econbiz.de/10014212364
Since the 2008 global financial crisis, those East European countries that had partly privatized their pension systems in the 1990s or early 2000s increasingly scaled back their mandatory private retirement accounts and restored the role of public provision. What explains this wave of reversals...
Persistent link: https://www.econbiz.de/10013030410
safeguards to ensure contractors' performance were in place. The private contract system was effectively undermined by corruption … services. In this paper, we develop a framework for analysis that focuses on corruption on the part of players when a public …
Persistent link: https://www.econbiz.de/10014029722
was criticized for corruption, while in-house provision suffered from patronage abuses. We present two variations of the …
Persistent link: https://www.econbiz.de/10014037266
International organizations promote privatization as precondition for economic development. But is there really too little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state-owned firm. Different government types are compared to...
Persistent link: https://www.econbiz.de/10011324980
protected in anti-corruption investigations, thus extracting more rents by selling SOE assets at substantial discounts …
Persistent link: https://www.econbiz.de/10012851337
We assembled a large panel of project-level technical and financial data, as well as country-level economic, institutional, and political variables to assess how political competition and policy insulation feasibility determine private participation in financing infrastructure in emerging...
Persistent link: https://www.econbiz.de/10012994813
financing increases with freedom from corruption, rule of law, quality of regulations, and decreases with court disputes. We …
Persistent link: https://www.econbiz.de/10012454088