Journal ArticleDOI
Financial liberalization, bureaucratic corruption and economic development
TLDR
In this article, the authors study the effect of international financial integration on economic development when the quality of governance may be compromised by corruption and conclude that corruption is always bad for economic development, but its effect is worse if the economy is open than if it is closed.About:
This article is published in Journal of International Money and Finance.The article was published on 2010-11-01. It has received 78 citations till now. The article focuses on the topics: Corruption & Financial integration.read more
Citations
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The Incidence and Persistence of Corruption in Economic Development
Abstract: Economic development and bureaucratic corruption are determined jointly in a dynamic general equilibrium model of growth, bribery and tax evasion. Corruption arises from the incentives of public and private agents to conspire in the concealment of information from the government. These incentives depend on aggregate economic activity which, in turn, depends on the incidence of corruption. The model produces multiple development regimes, transition between which may or may not occur. In accordance with recent empirical evidence, the relationship between corruption and development is predicted to be negative.
Journal ArticleDOI
Control of corruption, international investment, and economic growth – Evidence from panel data
Andrzej Cieślik,Łukasz Goczek +1 more
TL;DR: In this paper, the effects of corruption using an open economy version of the endogenous growth model with international capital mobility is studied. And the authors test empirically the predictions of the theory using a sample of 142 countries for the period 1994-2014 and GMM methods.
Bureaucratic Structure and Bureaucratic Performance in Less Developed Countries - eScholarship
James E. Rauch,Peter Evans +1 more
TL;DR: In this article, the authors argue that several relatively simple, easily identifiable structural features constitute the key ingredients of effective state bureaucracies and should help to predict these ratings: competitive salaries, internal promotion and career stability, and meritocratic recruitment.
Journal ArticleDOI
Corruption, natural resources and economic growth: Evidence from OIC countries
Naila Erum,Shahzad Hussain +1 more
TL;DR: In this paper, the impact of corruption and natural resources on economic growth by incorporating the role of per capita income and information communication technologies (ICT) was analyzed for 43 countries of OIC.
Journal ArticleDOI
Financial distress and the Malaysian dual baking system: A dynamic slacks approach
TL;DR: In this paper, an efficiency assessment of the Malaysian dual banking system using the Dynamic Slacks Based Model (DSBM) in order to assess the evolution of Malaysian banks' potential input-saving/output increase from 2009 to 2013 is presented.
References
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Book ChapterDOI
Economic Growth and Income Inequality
TL;DR: The process of industrialization engenders increasing income inequality as the labor force shifts from low-income agriculture to the high income sectors as mentioned in this paper, and on more advanced levels of development inequality starts decreasing and industrialized countries are again characterized by low inequality due to the smaller weight of agriculture in production and income generation.
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.
Book
Political Order in Changing Societies
TL;DR: This now-classic examination of the development of viable political institutions in emerging nations is a major and enduring contribution to modern political analysis as mentioned in this paper, and its Foreword, Francis Fukuyama assesses Huntington's achievement, examining the context of the original publication as well as its lasting importance.
Journal ArticleDOI
Political Order in Changing Societies.
Posted Content
Government spending in a simple model of endogenous growth
TL;DR: This article extended these models to include tax- financed government services that affect production or utility, and showed that growth and saving rates fall with an increase in utility-type expenditures; the two rates rise initially with productive government expenditures but subsequently decline.