factor in determining a country’s level of corruption. In a simple growth model, we illustrate the interrelationships between … natural resources, corruption, and economic growth, and discuss potential anti-corruption policies. We show that the extent of … corruption depends on natural resource abundance, government policies, and the concentration of bureaucratic power. Furthermore …

factor in determining a country’s level of corruption. In a simple growth model, we illustrate the interrelationships between … natural resources, corruption, and economic growth, and discuss potential anti-corruption policies. We show that the extent of … corruption depends on natural resource abundance, government policies, and the concentration of bureaucratic power. Furthermore …

resource-rich countries, the decision of host governments to expropriate these investments, and the level of corruption. Higher … production. Moreover, resource production leads to high levels of corruption. Our theoretical results are confirmed by … estimations of a simultaneous equation model for 50 resource-rich countries in which we endogenize expropriation risk, corruption …

might have large positive effects whose true magnitude remains unknown due to unresolved econometric issues. "--World Bank …