Substantial research has considered numerous causes and correlates of corruption. Also, there have been many studies of the consequences of various forms of uncertainty. However, exploration of the nexus between economic uncertainty and corruption appears scarce. After providing a simple intuitive and heuristic linkage between general economic uncertainty and corruption, this paper uses a large...

This Note argues that the Convention offers the most effective approach to combating corruption and that all states should sign and ratify it. Part I discusses corruption, explains its history and its harmful effects, and describes international organizations whose purposes and principles are directly opposed to the harm corruption is capable of perpetrating. Part II presents existing approache...

Many regard corruption to be detrimental to international trade. Some, however, think that corruption greases commerce in case of low-quality institutions. Others argue that arbitrary corruption is more damaging to trade than predictable corruption. This is the first paper to test these hypotheses empirically with trade-related measures of corruption. It finds that in general, corruption is det...

This essay explores the nature, causes, and consequences of corruption as it pertains to entire regimes. Grand corruption is modeled as a type of unproductive rent-seeking at the highest levels of government. The economic costs of corruption are assumed to increase in the decentralization (and relaxation) of its governance, increase convexly in the percentage extracted, and decreasing in the op...

Corruption is defined in an occupational choice model as extra fees that must be paid by some entrepreneurs. Higher corruption leads to lower wages and total output. Income inequality follows a Kuznets relationship with both corruption and income. Two types of decentralization of the bribe-setters are distinguished, regional and bureaucratic. When mobility is imperfect, bureaucratic decentraliz...

Corruption, Networking and Foreign Ownership: Recent Evidence from CEE Countries The present paper argues that the effect of corruption on foreign ownership is not necessarily linear and depends on the level of host corruption. So long as the expected returns from foreign investments exceed its expected costs, higher host corruption will be associated with higher foreign ownership. However, cos...

— Does democracy suffer when corruption is high? Unfortunately, most studies of corruption have been descriptive, making it difficult to develop a well-supported answer to this question. There are, of course, quantitative corruption measures, but the most popularly used of them are measures of corruption perception aggregated at the national level, rather than corruption experience at the indiv...

Building on an institutionalist framework of the various organizational field-level pressures on firms to engage with the challenge of corruption, we analyse anti-corruption disclosures across a sample of 933 sustainability reports. Such reporting complements anti-corruption initiatives, as it allows the company to demonstrate its commitment. Our results show clear countryand sector-level diffe...

.............................................................................................................................................................................. iv Acknowledgements .......................................................................................................................................................... iv Introduction ..................................