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IMF Staff Papers, Volume 51, No. 1

IMF Staff Papers, Volume 51, No. 1 »

Volume: 51

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 April 2004

DOI: http://dx.doi.org/10.5089/9781589063228.024

ISBN: 9781589063228

Keywords: expenditure, bribe, government expenditure, bribes, Banks and banking, Special Drawing Rights (SDR), Capital Stock, Cointegration, Demand (economic Theory), Empirical Methods

This first issue of Volume 51 for 2004 includes a new paper by Peter B. Clark and Jacques J. Polak, along with a tribute from the Editor to Mr. Polak in honor of his 90th birthday. This issue also launches a new fe...

The Persistence of Corruption and Regulatory Compliance Failures
			: Theory and Evidence

The Persistence of Corruption and Regulatory Compliance Failures : Theory and Evidence »

Volume/Issue: 2003/172

Series: IMF Working Papers

Author(s): Per Fredriksson , Muthukumara Mani , and Richard Damania

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2003

DOI: http://dx.doi.org/10.5089/9781451858594.001

ISBN: 9781451858594

Keywords: rule of law, lobbying, political instability, bureaucracy, judicial efficiency, political stability, political economy, common law, judicial system, Models of Political Processes: Rent-seeking

This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in certain regimes. We identify circumstances under which a firm seeks to evade regulations by (1)...

The Persistence of Corruption and Slow Economic Growth

The Persistence of Corruption and Slow Economic Growth »

Volume/Issue: 2002/213

Series: IMF Working Papers

Author(s): Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2002

DOI: http://dx.doi.org/10.5089/9781451874952.001

ISBN: 9781451874952

Keywords: multiple equilibria, strategic complementarities, persistence, bribe, expenditure, government expenditure, bribes, grand corruption, Illegal Behavior and the Enforcement of Law,

There is increasing recognition that corruption has substantial, adverse effects on economic growth. But if the costs of corruption are so high, why don’t countries strive to improve their institutions and r...

Challenges in Expanding Development Assistance

Challenges in Expanding Development Assistance »

Volume/Issue: 2002/5

Series: IMF Policy Discussion Papers

Author(s): Peter Heller , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2002

DOI: http://dx.doi.org/10.5089/9781451972788.003

ISBN: 9781451972788

Keywords: Absorptive capacity, Poverty, Foreign aid, ODA, international public goods, exchange rate, capita income, industrial countries, real exchange, public goods

This paper highlights the macro and microeconomic challenges associated with success of the effort to mobilize 0.7 percent of GNP for official development assistance (ODA). To promote achievement of the Millennium...