Recent studies have highlighted the adverse impact of corruption on economic performance. This paper advances the … hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that … provides deeper insights into economic performance than do measures of perceived corruption. The hypothesis is tested by …

Recent studies have highlighted the adverse impact of corruption on economic performance. This paper advances the … hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that … provides deeper insights into economic performance than do measures of “perceived corruption.” The hypothesis is tested by …

is more likely to be a (direct) causation. Only inflation and war seem to have beenrelatively more important for growth …

The corruption is a secondary phenomenon, because there are economic preconditions causing it. Unless the achievement … ending, both of them may become the cause of corruption in the post-Communist transformation of the economy. In order to … restrict corruption and establish the institution of private property, it is necessary to legalize the existing results of …