Eradicating corruption ranks among the central policy concerns of economic development practitioners around the globe. Then-World Bank President James Wolfenson made the case for combatting corruption in a 1996 speech now known as the “Cancer of Corruption” address. In it, he spelled out a theoretical mechanism connecting corruption and poverty:
Growing out of corruption
Jie Bai, Seema Jayachandran, Edmund J. Malesky, Benjamin Olken , 22 November 2013
Democracy in Africa
Thorvaldur Gylfason, 17 November 2013
A man’s admiration for absolute government is proportionate to the contempt he feels for those around him.
― Alexis de Tocqueville
Until the second half of the 19th century, there were so few democratic states around the world that they could be counted on the fingers of one hand.
Higher government wages may reduce corruption
Jakob de Haan, Erik Dietzenbacher, Văn Hà Le, 16 June 2013
Defined as the abuse of public office for private gain, corruption is found to have bad effects on economic development, weaken the institutional system and create cynicism in the political life (Rose-Ackerman 2004).
Cyprus, corruption, money laundering and Russian round-trip investment
Svetlana Ledyaeva, Päivi Karhunen, John Whalley, 17 June 2013
The financial relationship between Cyprus and Russia has received a lot of attention as a result of the recent crisis in Cyprus (Wyplosz 2013). A large amount of Russian money has been invested in this small Mediterranean economy over the last two decades. It has been estimated that about one half to a third of all Cyprus bank deposits are of Russian origin.
Public procurement markets: Where are we?
Patrick A Messerlin, Sébastien Miroudot, 7 September 2012
Recently, the EU and US have pushed very hard for opening public procurement markets, as illustrated by the EU and US pressures on Japan and China, respectively. In particular, the EU claims that it is by far the most open market in the world.
Green policy and corruption
Massimo Tavoni, Caterina Gennaioli, 12 July 2012
In many countries public support policies have been implemented over the past several years with the aim of promoting renewable energy, energy efficiency, and the transition to a low-carbon economy.
Looking beyond the incumbent: The effects of exposing corruption on electoral outcomes
Ana De La O, Alberto Chong, Dean Karlan, Léonard Wantchékon, 23 January 2012
Vox readers can download CEPR Discussion Paper 8790 for free here.
Lifting the curtain on corruption in developing countries
Benjamin Olken , Rohini Pande, 21 January 2012
In recent years, innovations in methodology have sparked a remarkable expansion in economists’ ability to measure corruption.
Three's company: Wall Street, Capitol Hill, and K Street
Deniz Igan, Prachi Mishra, 11 August 2011
At the end of 2007—as markets grappled with early stages of what would become the worst financial crisis in the post-WWII era and a severe recession seized the US economy—the Wall Street Journal reported that two of the largest mortgage lenders in the US spent millions of dollars in political donations, campaign contributions, and lobbying activities from 2002 t
Roads to nowhere or bridges to growth: What do we know about public investment efficiency in developing countries?
Jim Brumby, Era Dabla-Norris, Annette Kyobe, Zac Mills, Chris Papageorgiou, 3 July 2011
The broad consensus is that the massive infrastructure deficit in many developing countries is a key bottleneck to their growth prospects. In many low-income countries in particular, deficiencies in infrastructure, especially in energy, roads, and communication, reduce productivity at least as much as structural factors, such as bureaucracy, corruption, and lack of financing.
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