, growth depends negatively on volatility of unanticipated output growth independent of initial income, investment, human … on growth is swamped by the indirect negative effect through volatility. Third, with well developed financial sectors …, the resource curse is less pronounced. Fourth, landlocked countries with ethnic tensions have higher volatility and lower …

We examine the impact of foreign corruption regulation on economic development in highcorruption-risk areas. We find … activity increases by 37%. Overall, our findings suggest that anti-corruption regulation originating in developed countries is …