Corruption, Transparency and the Resource Curse

Corruption, the resource curse and genuine saving

Genuine saving is a measure of net investment in produced, natural and human capital. It is a necessary condition for weak sustainable development that genuine saving not be persistently negative. However, according to data provided by the World Bank, resource-rich countries are systematically failing to meet this condition. Alongside the well-known resource curse on economic growth, resource a...

The Resource Curse: A Corporate Transparency Channel*

We propose and investigate a new channel through which the resource curse a stylized fact that countries rich in natural resources grow slower operates. Predatory governments are more likely to expropriate corporate profits in natural resource industries when the price of resources is higher. Corporations whose profits are more dependent on the price of resources can mitigate the risk of exprop...

The Resource Curse: A Corporate Transparency Channel *

On the Merits of the Resource Curse Theory: Resource Rents and Corruption

Transparency and Corruption: Does E-Government Help?

Through its pioneering surveys in recent years, the Transparency International (TI) has tried to gauge the extent of corruption in different countries, identify Government departments where corruption appears to be most rampant, and establish some reasons why it seems to grow. Two major factors that contribute to the growth of corruption are the low probability of discovery, and perceived immun...