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is little evidence regarding its impact on inflation. In this study, the nexus between corruption and inflation was … investigated for 20 countries over the period 1995–2015. Estimation results indicated that high corruption increased inflation … rates, and that there was a unidirectional causal relationship from corruption to inflation for ten countries in the sample. …
Persistent link: https://www.econbiz.de/10011778653
Corruption and inflation are two economic problems with serious social consequences. This paper analyzes the link … inflation and corruption. The direction of causality favors the hypothesis that the inflation of agricultural products promotes … incentives that lead to an increase in corruption levels. These results have important implications in terms of fighting …
Persistent link: https://www.econbiz.de/10013499539
development have significantly positive effects on most dimensions of a country's social cohesion. In contrast, inflation …, corruption and income inequality are detrimental to social cohesion. …
Persistent link: https://www.econbiz.de/10013469757
The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially … data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …
Persistent link: https://www.econbiz.de/10003796490
The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially …-country data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …
Persistent link: https://www.econbiz.de/10003850516
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indicators on investment risk, corruption level, impartiality of judiciary system as well as the effectiveness of bureaucratic … of financial liberalization with the exception of the level of corruption. We additionally show that if financial …
Persistent link: https://www.econbiz.de/10009534053
indicators on investment risk, corruption level, impartiality of judiciary system as well as the effectiveness of bureaucratic … of financial liberalization with the exception of the level of corruption. We additionally show that if financial …
Persistent link: https://www.econbiz.de/10011374355