We study the eÞect of international financial integration on economic development when the quality of governance may 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 may arise …

social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We … test this hypothesis on a dataset of Italian provinces, and address the possible endogeneity of corruption by applying an … IV model. We use three sets of historical instruments for corruption: 1) foreign dominations in 16th-17th century, 2 …

The focus of this paper is on improving governance through the use of information and communication technology (ICT) in …

corruption, even when citizens' “voice” leads to formal punishment with a relatively low probability …

We show that isolated capital cities are robustly associated with greater levels of corruption across US states. In … helps explain the connection between isolated capitals and corruption. In addition, we provide some evidence that this …

This paper discusses the possible causes and consequences of corruption. It provides a synthetic review of recent … studies that analyze this phenomenon empirically. In addition, it presents further results on the effects of corruption on … growth and investment, and new cross-country evidence on the link between corruption and the composition of government …

In prior studies, accounting and decentralization corruption solutions have so far been analysed in isolation. In this … article, we connect these two strands of literature on corruption. Understanding this connection is important because weak … countering corruption. We argue that the effectiveness of decentralization as an anti-corruption barrier is complemented by the …

Ever since the spectacular boom and bust cycle of the Spanish real estate industry, endemic corruption at the local …-explored political determinant, this paper investigates the effect of local and regional alignment in fomenting corruption at the Spanish … indicates that the democratic political process may be effective in corruption control if agreements can be reached to remove …

institutional pressures; stronger local civic activism and better bureaucratic governance curb the pollution-driven bribery, but …

social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We … test this hypothesis on a dataset of Italian provinces, and address the possible endogeneity of corruption by applying an … IV model. We use three sets of historical instruments for corruption: 1) foreign dominations in 16th-17th century, 2 …