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Lawmakers and donors bemoan the effect of corruption on the country's development.
With concerns about the damaging effect of corruption on the economy continuing to grow, a group of industrialists, economists and finance professionals wrote an open letter to the prime minister, Manmohan Singh, addressing the lack of governance in India (Indian Express).
Excessive cash release for developmental projects is aggravating the effect of corruption on donor funded projects.
Chantasasawat et al. ([2010]) also report an insignificant effect of corruption on FDI inflow to Latin America, East and Southeast Asia, and China.
Table 1 illustrates the marginal effect of corruption on internal stability at different levels of youth bulge.
Mohammad Reza. Figure 1 illustrates the marginal effect of corruption on internal stability at different levels of youth bulge.
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Allegations of corruption are widespread.
Large construction projects often have a side-effect of corruption.
We used several tools to help us quantify some of the effects of corruption on stock prices.
President Hu Jintao also warned about the pernicious effects of corruption in a speech at the landmark party congress last month.
The Bank's current president, James Wolfensohn, has spoken out early, often and boldly about the corrosive effects of corruption.
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