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Corruption, Structural Reforms, and Economic Performance in the Transition Economies

Corruption, Structural Reforms, and Economic Performance in the Transition Economies PDF Author: Mr.Hamid Reza Davoodi
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451855371
Category : Business & Economics
Languages : en
Pages : 0

Book Description
Recent studies have highlighted the adverse impact of corruption on economic performance. This paper advances the hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that provides deeper insights into economic performance than do measures of “perceived corruption.” The hypothesis is tested by assessing the relative importance of structural reforms vs. corruption in explaining macroeconomic performance in the transition economies. The paper finds that for four widely used measures of economic performance—growth, inflation, the fiscal balance, and foreign direct investment—structural reforms tend to dominate the corruption variable.

Corruption, Structural Reforms, and Economic Performance in the Transition Economies

Corruption, Structural Reforms, and Economic Performance in the Transition Economies PDF Author: Mr.Hamid Reza Davoodi
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451855371
Category : Business & Economics
Languages : en
Pages : 0

Book Description
Recent studies have highlighted the adverse impact of corruption on economic performance. This paper advances the hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that provides deeper insights into economic performance than do measures of “perceived corruption.” The hypothesis is tested by assessing the relative importance of structural reforms vs. corruption in explaining macroeconomic performance in the transition economies. The paper finds that for four widely used measures of economic performance—growth, inflation, the fiscal balance, and foreign direct investment—structural reforms tend to dominate the corruption variable.

Corruption, Structural Reforms, and Economic Performance in the Transition Economies

Corruption, Structural Reforms, and Economic Performance in the Transition Economies PDF Author: George T. Abed
Publisher: International Monetary Fund
ISBN:
Category : Developing countries
Languages : en
Pages : 56

Book Description


Corruption and Government

Corruption and Government PDF Author: Susan Rose-Ackerman
Publisher: Cambridge University Press
ISBN: 1107081203
Category : Business & Economics
Languages : en
Pages : 643

Book Description
This new edition of a 1999 classic shows how institutionalized corruption can be fought through sophisticated political-economic reform.

Structural Reforms, Productivity and Technological Change in Latin America

Structural Reforms, Productivity and Technological Change in Latin America PDF Author: Jorge M. Katz
Publisher: United Nations Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 164

Book Description
In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Focusing on technological change, the impact of the reforms on the process of innovation is examined. It notes that the development process is proving to be highly heterogenous across industries, regions and firms and can be described as strongly inequitable. This differentiation that has emerged has implications for job creation, trade balance, and the role of small and medium sized firms. This ultimately suggests, amongst other things, the need for policies to better spread the use of new technologies.

Governance, Corruption, and Economic Performance

Governance, Corruption, and Economic Performance PDF Author: Mr.Sanjeev Gupta
Publisher: International Monetary Fund
ISBN: 9781589061163
Category : Social Science
Languages : en
Pages : 580

Book Description
This volume presents 18 IMF research studies on the causes and consequences of corruption, as well as how it can most effectively be combated to improve governance, increase economic growth, and reduce poverty. The authors examine how civil service wages affect corruption, the impact of natural resource availability on corruption, the impact of corruption on a country’s income distribution and incidence of poverty, and the effect of corruption on government expenditures on health and education.

Corruption and the Global Economy

Corruption and the Global Economy PDF Author: Kimberly Ann Elliott
Publisher: Columbia University Press
ISBN: 0881323233
Category : Political Science
Languages : en
Pages : 258

Book Description
The recently-adopted OECD convention outlawing bribery of foreign public officials is welcome evidence of how much progress has been made in the battle against corruption. The financial crisis in East Asia is an indication of how much remains to be done. Corruption is by no means a new issue but it has only recently emerged as a global issue. With the end of the Cold War, the pace and breadth of the trends toward democratization and international economic integration accelerated and expanded globally. Yet corruption could slow or even reverse these trends, potentially threatening economic development and political stability in some countries. As the global implications of corruption have grown, so has the impetus for international action to combat it. In addition to efforts in the OECD, the Organization of American States, the World Trade Organization, and the United Nations General Assembly, the World Bank and the International Monetary Fund have both begun to emphasize corruption as an impediment to economic development. This book includes a chapter by the Chairman of the OECD Working Group on Bribery discussing the evolution of the OECD convention and what is needed to make it effective. Other chapters address the causes and consequences of corruption, including the impact on investment and growth and the role of multinational corporations in discouraging bribery. The final chapter summarizes and also discusses some of the other anticorruption initiatives that either have been or should be adopted by governments, multilateral development banks, and other international organizations.

The World Bank Research Observer

The World Bank Research Observer PDF Author:
Publisher:
ISBN:
Category : Computer network resources
Languages : en
Pages : 300

Book Description


Structural Reforms and Firms’ Productivity: Evidence from Developing Countries

Structural Reforms and Firms’ Productivity: Evidence from Developing Countries PDF Author: Wilfried A. Kouamé
Publisher: International Monetary Fund
ISBN: 1484347005
Category : Business & Economics
Languages : en
Pages : 42

Book Description
This paper assesses the effects of structural reforms on firm-level productivity for 37 developing countries from 2006 to 2014 period. It takes advantage of the IMF Monitoring of Fund Arrangements dataset for reform indexes and the World Bank Enterprise Surveys for firm-level productivity. The paper highlights the following results. Structural reforms such as financial, fiscal, real sector, and trade reforms, significantly improve firm-level productivity. Interestingly, real sector reforms have the most sizeable effects on firm-level productivity. The relationship between structural reforms and firm-level productivity is nonlinear and shaped by some firms’ characteristics such as the financial access, the distortionary environment, and the size of firms. The pace of structural reforms matters since being a “strong reformer” is associated with a clear productivity dividend for firms. Finally, except for financial and trade reforms, all structural reforms under consideration are bilaterally complementary in improving firm-level productivity. These findings are robust to several sensitivity checks.

Corruption and Development

Corruption and Development PDF Author: Mark Robinson
Publisher: Routledge
ISBN: 1136322191
Category : Business & Economics
Languages : en
Pages : 177

Book Description
The problem of corruption is of central significance for the developmental prospects of poor countries. Corruption undermines development by siphoning off resources for infrastructures and public services and by weakening the legitimacy of the state. The volume will appeal to academics and policy-makers concerned with problems of governance and public management in developing countries, as well as specialists working on corruption and designing anti-corruption strategies.

Political Corruption in Transition

Political Corruption in Transition PDF Author: András Sajó
Publisher: Central European University Press
ISBN: 963386464X
Category : Political Science
Languages : en
Pages : 514

Book Description
Based on two international conferences at Princeton University and the Central European University, this is a handy guide to the problem of corruption in transition countries, with an important comparative content. Political Corruption in Transition is distinguished from similar publications by at least two features: by the quality of the carefully selected and edited essays ans by its original treatment. Instead of the usual preaching and excommunications, this Skeptic`s Handbook represents down-to-earth realism. Combines general issues with case studies and original research. The geographic coverage is wide, though it is ideas rather than a geography that drive the volume`s organization.