We study whether misinvoicing in international trade is reflected in cross-border bank accounts as reported by offshore financial centres. We show that residents hold more offshore wealth when local misinvoicing practices thrive, especially for under-invoiced exports of natural resources. These...

The problem of measuring changes in corruption internationally is significantly more daunting than that of estimating their levels. We compute trends in corruption for groups of geographically proximate countries, based on the geographic distribution of cases of cross-border bribes, and confirm...

A global comparative study that measures impunity levels across fifty-nine countries, with a focus on how structure and functioning of systems of security and justice and human rights violations fosters impunity

Traditionally, national governance and corruption challenges have been seen as: i) particularly daunting in the poorer countries, with the richer world viewed as exemplary; ii) anchored within a legalistic framework and focused on formal institutions, iii) a challenge within public sectors, and,...

Cities are the focal point for the mobility of talents, located between the nations and firms, states and educational institutions. Shanghai, being regarded as the 'ultimate poster-child for the effects of globalization on cities and regions' by the BBC (2007), the city is argued as the best...

This paper describes the trends in foreign bank ownership across the world and presents, for the first time, empirical evidence of the causes of multinational banks' exits from other countries. Using panel data for 149 closed or divested foreign bank subsidiaries across 54 countries from 1997 to...

The firms' international fragmentation of production has recently widened its focus from outsourcing of intermediates to off-shoring of business services such as software program development and international call centre networks. Although a large number of business services are intangible and...

We analyze the effects of different regimes of control rights over critical resources on the total domestic income of open economies. We consider home control, foreign control, and international partnerships in a theoretical model where contracts are incomplete, resource exploitation requires...