banks had to adapt to a competitive environment. The management inefficiency, the political interests and the corruption led …

The relationship between corruption and economic growth has been the focus of numerous studies. However, no consensus … seems to exist on the mechanisms via which corruption should reduce growth. The aim of this paper is to identify the … transmission channels through which corruption is likely to affect economic growth. Unlike most previous analysis in this area that …

This paper aims at determining the causal relationship between FDI and corruption in 42 developing countries using … linear and non linear panel methods over the period 1998 to 2009. The findings show a causal association as corruption … appears to Granger caused FDI and FDI seems to Granger lead corruption using linear methods, while for weaker results are …

We provide empirical support and a theoretical explanation for the vicious circle of political corruption and tax … corruption can emerge based on the existence of strategic complementarities, indicating that corruption may corrupt. Furthermore …

This paper aims to analyze the anti-corruption measures taken by Romania, after the fall of communism in 1989, to … of the most important reasons of the growing of the corruption phenomenon is the lack of transparency of the …

to explore the impact of a country’s political environment on its level of corruption. The study provides strong evidence … urbanization are associated with a lower level of public sector corruption across all 121 countries. The colonial dummies and …

This paper documents that standard measures of corruption based on the perceptions of experts and opinion surveys and … corruption is in a country. We then show that while perceptions of corruption are significantly associated with the amount of … zero in a foreign country (greenfield investment) is significantly associated with the experience of corruption while …

Corruption in general and doping in particular are ubiquitous in both amateur and professional sports and have taken …

The paper presents a theoretical model with bureaucratic corruption where bribe income can leak out of an economy. In … for entrepreneurship by maximizing the welfare of the economy. We show that the corruption persists at the equilibrium … in low prosperity economies the control of leakage may induce higher level of corruption, while the opposite is true in …