Open AccessPosted Content
Corruption Around the World: Causes, Consequences, Scope, and Cures
Vito Tanzi,Vito Tanzi +1 more
TLDR
In this paper, the authors survey and discuss issues related to the causes, consequences, and scope of corruption and possible corrective actions and emphasize the costs of corruption in terms of economic growth.Abstract:
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 the reform of the state. If certain reforms are not made, corruption is likely to continue to be a problem regardless of actions directly aimed at curtailing it.read more
Citations
More filters
Journal ArticleDOI
Shadow Economies: Size, Causes, and Consequences
TL;DR: In this paper, the size of the shadow economy in 76 developing, transition, and OECD countries is estimated using various methods, and the average size varies from 12 percent of GDP for OECD countries, to 23 percent for transition countries and 39 percent for developing countries.
Journal ArticleDOI
Are corruption and taxation really harmful to growth? - firm-level evidence
TL;DR: In this paper, the relationship between bribe payments, taxes, and firm growth in Uganda for the period 1995-97 was investigated using industry-location averages to circumvent the potential problem of endogeneity and to deal with issues of measurement error.
Journal ArticleDOI
Corruption and Foreign Direct Investment
Mohsin Habib,Leon Zurawicki +1 more
TL;DR: In this article, the authors examined the impact of corruption on foreign direct investment (FDI) and found that foreign investors generally avoid corruption because it is considered wrong and it can create operational inefficiencies.
Journal ArticleDOI
Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth
Carlos A Leite,Jens Weidmann +1 more
TL;DR: In this paper, the authors argue that natural resource abundance creates opportunities for rent-seeking behavior and is an important factor in determining a country's level of corruption and discuss potential anti-corruption policies.
Posted Content
Economic Analysis of Corruption: A Survey
TL;DR: The Grabbing Hand as mentioned in this paper is a collection of articles published during the past 40 years in social science journals with contributions from political scientists, sociologists, anthropologists, law scholars, and a few economists including Andrei Shleifer and Robert W. Vishny.
References
More filters
Journal ArticleDOI
The Theory of Social and Economic Organization
TL;DR: A synthetic polyisoprene rubber latex produced by emulsifying a solution of polyisoperene rubber in an organic solvent with water and removing the solvent from the resulting oil-in-water emulsion is significantly improved with respect to mechanical stability, wet gel strength and dry film strength as mentioned in this paper.
Journal ArticleDOI
Corruption and Growth
TL;DR: In this paper, a newly assembled data set consisting of subjective indices of corruption, the amount of red tape, the efficiency of the judicial system, and various categories of political stability for a cross section of countries is analyzed.
Journal ArticleDOI
Political Order in Changing Societies.
Posted Content
The Political Economy of the Rent-Seeking Society
TL;DR: In this article, the authors studied the impact of competitive import licenses on the economy and the relationship between welfare cost of quantitative restrictions and tariff equivalents, and showed that the effect of wage legislation on equilibrium levels of unemployment.
Journal ArticleDOI
Entrepreneurship: Productive, Unproductive, and Destructive
TL;DR: In this article, historical evidence from ancient Rome, early China, and the Middle Ages and Renaissance in Europe is used to investigate the hypotheses that, while the total supply of entrepreneurs varies among societies, the productive contribution of the society's entrepreneurial activities varies much more because of their allocation between productive activities and largely unproductive activities such as rent seeking or organized crime.