This paper shows empirically that "Privatization" in the energy, telecommunications, and water sectors, and the introduction of independent regulators in those sectors, have not always had the expected effects on access, affordability, or quality of services. It also shows that corruption leads to adjustments in the quantity, quality, and price...
This paper investigates the role of corruption in explaining the effect of Foreign Direct Investment FDI on growth across non-OECD countries. The distinguishing feature of this model is that the host country's level of corruption is linked to its absorptive capacity (the ability to absorb and efficiently utilize any positive...
Single-source, or noncompetitive, defence procurement is a widespread phenomenon that is prevalent in both developing countries and in advanced arms exporting countries. The usual competitive bidding process - which assists in both value-for-money evaluation and in lowering corruption risk is often circumvented with regards to defence. Whilst there can...
Single-source, or noncompetitive, defence procurement is a widespread phenomenon that is prevalent in both developing countries and in advanced arms exporting countries. The usual competitive bidding process - which assists in both value-for-money evaluation and in lowering corruption risk is often circumvented with regards to defence. Whilst there can...
The OECD (Organisation For Economic Co-Operation And Development) Global Forum on Governance: Fighting corruption and promoting integrity in public procurement brought together a broad-based and diversified audience from all over the world to discuss methods, conditions and approaches to preventing, detecting, and sanctioning corruption in public procurement - the purchase...
The hope that the creation of market economies would attract substantial Foreign Direct Investment FDI in South-East Europe and that FDI would promote growth and development have not materialized. We can fault high corruption and a weak property rights system. Corruption reduces FDI inflows and attracts lower quality of investment....
A sizeable portion of the government budget in developing countries is spent on procurement of goods and services from developed nations. Corruption in this area has serious implications, possibly derailing the development process. Although procurement corruption has of late attracted the attention of policy makers of both the developed and...
One traditional and oft-repeated explanation of the political impetus behind free banking connects the rise of Jacksonian populism and a rejection of the privileges associated with corporate chartering. A second views free banking as an ill-informed inflationist, pro business response to the financial panic of 1837. This paper argues that...
The present paper adds a further link to the chain of studies on corruption and capital flows. It is argued here that not only does corruption reduce foreign direct investment inflows to a country, but also different forms of corruption have separately identifiable effects on the variable in question. Using...
This paper analyzes how corruption affects foreign direct investment in transitional economies. Popular development and economic theories nowadays maintain that foreign investment is beneficial for economic growth and that corruption is damaging in economic development. Based on primary and empirical research, using an inter-disciplinary approach, this paper examines how the...
This paper describes federalism and decentralization as emerging important policy issues in many countries and also in international institutions. Political and economic corruption has been identified as a barrier to development as well as transition to a market economy and democratic polity. Some expect decentralization to reduce corruption while others...
The globalization of business has created dramatic new imperatives for companies to take action against corruption and bribery. Academics and governments recognized that corruption shunts investment into unproductive sectors, retards the development of consumer markets, and disproportionately harms the poor. Companies often implement anti-corruption programs with the primary goal of...
This article revisits the history of international law's anti-corruption efforts in order to generate questions about the status and future direction of the fight against corruption under international law. It reviews how international law struggled with an issue traditionally that considered to fall within the exclusive domain of national law...
The present paper emphasize the importance of improved checks and balances facilitated through: an integrated approach that is inclusive, comprehensive, transparent, non-partisan, evidence-based and impact-oriented; the empowerment of the victims of corruption through improved access to credible social control mechanisms; establishment of new national and international strategic partnerships involving civil...
The aim of this paper is to discuss the practical issues that relate to the project managed investigation of corruption in South Africa and more particularly within the South African Police Service. Due to the fact that both the corrupter and the corruptee are jointly culpable, the fact that evidence...
The paper summarises the outcomes of the Workshop of the Judicial Group on Strengthening Judicial Integrity, convened by the Centre for International Crime Prevention at its Headquarters in Vienna, in April 2000. It examines the causes and indicators of judicial corruption and presents the recommendations made by the group for...
In this paper, the authors' extend current research about corporate corruption and charismatic leadership by developing a multidimensional model involving stakeholder pressures, environmental factors, charismatic leaders', and their followers. Specifically, the authors' propose that stakeholder pressures place strong demands on leaders of organizations, increasing the motive for, and likelihood of...
[ILLUSTRATION OMITTED] JUST after the 2006 election, exultant Democrats and exasperated Republicans identified Iraq and corruption as the decisive issues, and predicted these issues would also shape the 2008 presidential race. They were half right. Voter perceptions of U.S. failure in Iraq and widespread corruption on Capitol Hill...
Pakistan has always been a dictatorship masquerading as a democracy, and right now this equivocal country is very troubling. Pervez Musharraf, its president, seized power in 1999, and the legitimacy of his rule has been under a shadow from the start. Earlier this year, his party lost elections, but in...
John McCain is not the same as George Bush: McCain called out long and hard for the committed response to Iraq that eventually was made, and the fighting ended. Bush had to be dragged kicking-and- screaming into that decision. Now McCain would like to have the power...
Articles 2008-08-28
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