The institutionalization of private property rights promotes economic development. Political corruption, it is widely … increasingly corrupt, yet broke world growth records. We resolve this paradox by highlighting the way systemic corruption can … principal-agent model to study the mechanism by which systemic corruption's impact on political risk affects individual …

development of many aspects of corruption, organized crime, markets, and the state. The lack of attention to informal systems can …

promoted to positions of national leadership. To curb corruption, President Xi Jinping stepped up investigations and … reduction in corruption of between 50.1% and 43.6% in the provinces either targeted by the central inspection teams or whose … party secretary was replaced by one appointed by Xi himself. Accordingly, this crackdown on corruption has also …

governors' terms, we find that corruption levels, as perceived by firms operating in different regions of Russia, increases … such information may serve as an explanation for the observed pattern of perceived corruption: if a governor gradually …, corruption increases over their terms, while in regions where governors are more likely to remain in office, perceived corruption …

informal sector, taking into account the presence of corruption. To meet up with our objective, this paper made use of a data … relationship becomes positive at a high level of corruption. The results are robust to the use of alternative methods. The policy … policies that fights against corruption. These include improvement in political governance, fiscal sustainability and the rules …

We study the determinants of corruption in a sample of 40-odd authoritarian polities at the turn of the 21st century …. Recent studies have proposed several parallel mechanisms potentially relevant for variations in the extent of corruption in … corruption observed in non-democratic political systems. We investigate the importance to variations in corruption in …