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This paper examines the effect of corruption control and political stability on illicit financial outflows in Sub … increase in political stability and corruption control reduce illicit financial outflow due to misinvoicing in merchandise … institutions responsible for fighting corruption and enhancing stable governance are well empowered and given the needed resources …
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corruption. The impacts of corruption on long-run changes and periodic growth in the adjusted net savings rate are estimated … across African and Asian economies from 1970 to 2003. Corruption rather than resource dependency per se affects negatively … the ability of African countries to reinvest resource rents in the short term, but for Asian countries, corruption is less …
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Sub-Saharan Africa (SSA) and Eastern Africa resource rich countries are been plagued by what Richard Auty considers “The Resource Curse.” The name resource curse translated into modern economic tragedies means, exploitative extraction and use of a countries resources. This exploitation of...
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