Drábek, Zdeněk; Payne, Warren - 2001 - Manuscript date: August, 1999, Revised November 2001
Non-transparency is a term given in this paper to a set of government policies that increase the risk and uncertainty … corruption, unstable economic policies, weak and poorly enforced property rights, and inefficient government institutions. Our … empirical analysis shows that the degree of non-transparency is an important factor in a country's attractiveness to foreign …