Found 6 article(s) for author 'Corruption'

Technology Beats Corruption

Technology Beats Corruption, Rema Hanna, January 20, 2017, Paper, “More than 1.9 billion individuals in the developing world benefit from social safety net programs: noncontributory transfer programs that distribute cash or basic in-kind products to the poor. But despite their importance, high levels of corruption often stifle the effectiveness of these programs. If cash transfer programs are particularly prone to graft, then in-kind programs should be preferred in practice. In a recent paper, Muralidharan et al. report evidence to the contrary by showing that use of a modern banking technology—biometric smart cards—can help to drastically reduce corruption in cash transfer programs.Link

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Comments: Dani Rodrik and James E. Rauch

Comments: Dani Rodrik and James E. Rauch. Dani Rodrik, 2016, Book Chapter, “The fascinating papers in part I of this book focus on the causes and consequences of corruption, primarily from a domestic perspective. We learn that corruption is a multifaceted and complex phenomenon, that it is often deeply rooted in the politics of a country, and that it is measurably costly in terms of foregone investment and growth opportunities as well as in terms of equity.Link

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Taxation, Corruption, and Growth

Taxation, Corruption, and Growth. William Kerr, January 2016, Paper. “We build an endogenous growth model to analyze the relationships between taxation, corruption, and economic growth. Entrepreneurs lie at the center of the model and face disincentive effects from taxation but acquire positive benefits from public infrastructure. Political corruption governs the efficiency with which tax revenues are translated into infrastructure. The model predicts an inverted-U relationship between taxation and growth, with corruption reducing the optimal taxation level. We find evidence consistent with these predictions and the entrepreneurial channel using data from the Longitudinal Business Database of the US Census Bureau.Link

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Inequality and Growth in the ‘Chinese Dream’

Inequality and Growth in the ‘Chinese Dream’. Rafael Di Tella, Meg Rithmire, March 2014, Case. “Xi Jinping assumed his position as head of China’s fifth generation of leaders in 2012. Xi was head of both the People’s Republic of China and the Chinese Communist Party, which had ruled China since 1949. Xi inherited a country far more unequal than the one that Mao Zedong, Communist China’s first leader, had left behind in 1978. The growth of markets had made China much wealthier, but also generated many social problems, including inequality, corruption, and social protests. This case…” May require purchase or user account. Link verified August 21, 2014

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Firm Competitiveness and Detection of Bribery

Firm Competitiveness and Detection of Bribery. George Serafeim, July 2013, Paper. “Using survey data collected from senior corporate executives around the world I analyze how detection of bribery impacts firm competitiveness. The data suggest that the most significant impact is on employee morale, followed by business relations and reputation, and then regulatory relations. I find that who initiated the bribery act, how it was detected, and how the firm responded after detection are all associated with the impact on a firm’s reputation, business relations, regulatory relations, and employee morale…” Link Verified October 11, 2014

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Barclays and the LIBOR Scandal

Barclays and the LIBOR Scandal. Clayton Rose, May 2013, Case. “In June of 2012, Barclays plc admitted that it had manipulated LIBOR—a benchmark interest rate that was fundamental to the operation of international financial markets and that was the basis for trillions of dollars of financial transactions. Between 2005 and 2009 Barclays, one of the world’s largest and most important banks, manipulated LIBOR to gain profits and/or limit losses from derivative trades. In addition, between 2007 and 2009 the firm had made dishonestly low LIBOR submission rates to dampen market speculation and negative media comments about the firm’s viability during the …”  May require purchase or user account. Link verified March 28, 2014

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