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Persistent link: https://www.econbiz.de/10011843895
and Stock Market Development in Zimbabwe. The scientist utilized both subjective and quantitative research plans with an … have an effect on Stock market Development in Zimbabwe. Elements, for example, joining with the world monetary markets, the … estimation of offers and market capitalization decide securities exchange improvement in Zimbabwe. Basing on the discoveries the …
Persistent link: https://www.econbiz.de/10012863712
While assessing the economic impacts of corruption, the corruption-related transmission channels which influence … impacts corruption has on the size of the shadow economy as well as on the individual sources of long-term economic growth …, making use of a transmission channel through which corruption affects the tax burden components. Using the method of an …
Persistent link: https://www.econbiz.de/10012483331
Between 2009 and 2011, Zimbabwe's GDP growth averaged an impressive 7.3 percent, making it one of the world's fastest …-growing countries. Yet World Bank governance indicators place Zimbabwe's government among the world's worst, and the Fraser Institute …'s Economic Freedom of the World index ranks it as one of the world's least economically free countries. Zimbabwe's performance …
Persistent link: https://www.econbiz.de/10013082079
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 expenditure. We find that the effect of corruption on public debt is …
Persistent link: https://www.econbiz.de/10010208991
In this essay, I argue that the various institutional settings of fiscal decentralization observed in developing countries are contingent on institutional quality. Other incentives may exist for policymakers to change the degrees of fiscal power. My research is based on a five-year average of...
Persistent link: https://www.econbiz.de/10014503099
Why are some nations more effective at battling corruption than others? Are there different determinants in the fight … against corruption across developing nations? How do wealth effects play-out when existing corruption-control levels matter in … the corruption battle? To investigate these concerns we examine the determinants of corruption-control throughout the …
Persistent link: https://www.econbiz.de/10011410217
This study was motivated by the quest to investigate how the interaction between corruption and institutional quality … affects Nigeria's economic performance by testing the validity of the "sand the wheels" and "grease the wheels" corruption … Autoregressive Distributed Lag (ARDL) approach to determine the interactive effects of corruption and institutional quality on …
Persistent link: https://www.econbiz.de/10013415841
A common finding of many analytical models is the existence of multiple equilibria of corruption. Countries … characterized by the same economic, social and cultural background do not necessarily experience the same levels of corruption. In … this article, we use Kernel Density Estimation techniques to analyse the cross-country distribution of corruption …
Persistent link: https://www.econbiz.de/10011860770
We find that new states are perceived to be more corrupt even though businesses do not report more bribery in newer states. This is suggestive of an unearned, and likely high, reputational cost to being a new state. These findings hold over a number of specifications that include additional...
Persistent link: https://www.econbiz.de/10011736789