eliminate corruption. The analysis predicts that in politically unstable regimes, the institutions necessary to monitor and …This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in … enforce compliance are weak. In such countries, corruption is more pervasive and the compliance with regulations is low. The …

Corruption is attracting a lot of attention around the world. The paper surveys and discusses issues related to the … causes, consequences, and scope of corruption and possible corrective actions. It emphasizes the costs of corruption in terms … of economic growth. It also emphasizes that the fight against corruption may not be cheap and cannot be independent from …

This paper argues that corruption patterns are endogenous to political structures. Thus, corruption can be systemic and … revolution by creating a system of patronage and loyalty through corrupt bureaucracy. Competitive corruption patterns are … associated with anarchy and weak dictators, while strong dictators implement a system of monopolistic corruption. Efforts at …

Corruption, particularly political or “grand” corruption, distorts the entire decision-making process connected with … public investment projects. The degree of distortions is higher with weaker auditing institutions. The evidence presented … shows that higher corruption is associated with (i) higher public investment; (ii) lower government revenues; (iii) lower …

corruption and presentsrecent evidence on the extent to which corruption affects investment,economic growth, and government … expenditure choices. The evidence presented here suggests that corruption may have considerable adverseeffects on economic growth …

The paper discusses some channels through which corruption affects growth such as the impact of corruption on … enterprises, on the allocation of talent, and on investment. It also discusses the impact of corruption on some aspects of public …

extent of state regulatory activities. Rising corruption also has a clearly positive impact on the growth of the shadow …

of corruption are so high, why don’t countries strive to improve their institutions and root out corruption? Why do many …There is increasing recognition that corruption has substantial, adverse effects on economic growth. But if the costs … countries appear to be stuck in a vicious circle of widespread corruption and low economic growth, often accompanied by ever …