the impact of financial markets, FDI, and political corruption on economic growth, no research up to now has examined the … combined effect of foreign investment and corruption on financial development. Design/methodology/approach – To investigate the … countries which experience a higher level of corruption in the form of excessive patronage, nepotism, job reservations, “favor …

Purpose – This paper seeks to investigate the relation among corruption, institutional quality and economic growth … aspects such as judicial corruption, bureaucracy, democracy and income inequality are introduced into the analysis in order to … identify the institutional conditions that may inhibit corruption and stimulate economic growth. Findings – It was demonstrated …

Purpose – This paper draws from research that sought to explore the structure of corruption in Kenya and its …-movement between such unofficial payments and red-tape, suggesting that corruption does not play any greasing function. Not only does … corruption undermine firm growth but also reduces the propensity to export. The findings uphold others that demonstrate the …

be compromised by corruption. Our analysis is based on a dynamic general equilibrium model of a small economy in which … growth is driven by capital accumulation and public policy is administered by government- appointed bureaucrats. Corruption … follows: (1) corruption is always bad for economic development, but its effect is worse if the economy is open than if it is …

In transition and developing countries, we observe rather high levels of corruption even they have democratic political … corruption levels. Our model based on the fact that corrupt officials have to pay an entry fee to get lucrative positions. In a … probabilistic voting model, we show that a lack of financial institutions can lead more corruption as more voters are part of the …

This paper presents an analysis of bureaucratic corruption, income inequality and economic development. The analysis is … redistributive programme of taxes and subsidies designed to benefit the poor. Corruption is reflected in bribery and tax evasion as … model predicts a positive relationship between corruption and inequality, and a negative relationship between corruption and …

Regressions and tests performed on data from Transparency International Global Corruption Barometer (GCB) 2004 survey … show that personal or household experience of bribery is not a good predictor of perceptions held about corruption among … the general population. In contrast, perceptions about the effects of corruption correlate consistently among themselves …

There is a growing evidence that political corruption is often closely associated with the rent seeking activities of … groups and the incidence of political corruption and determines whether electoral competition can eliminate political … corruption. We obtain some striking results. Greater electoral competition serves to lessen policy distortions. However, this in …

There is growing consensus that corruption hurts economic performance by reducing private investment, adversely … addition to inefficiency effects—lower growth for a given endowment in factors and technology—corruption also has adverse … corruption countries have lower literacy rates, higher mortality rates, and overall worse human development outcomes. Corruption …