We then empirically verify this theoretical prediction using within-country evidence at the province-level in China from 1998 to 2007. The panel data evidence clearly indicates that social interaction has a statistically significantly positive effect on the corruption rate in China. Our findings ...
China Industrial Profits Grow 3.5% YoY in Jan-June Ibovespa Closes the Week with a Slight Decline TSX Posts Weekly Gains US Stock Close Higher On Rate Cut Hopes Oil Settles Lower on China Demand Fears Steel Extends Plunge to 7-Year Low Copper Falls to 4-Month Low CAC 40 Rebounds on Frid...
Per capita wage rate of government employees is \(w\). To ensure that people are willing to become government employees, a minimum wage constraint should be imposed, i.e., the wage of government employees should not be less than per capita income, then \(w\) should be satisfied \(w \...
The campaign has also boosted the global confidence in China's development, said Om Yentieng, chairman of Cambodia's Anti-Corruption Unit, in a recent interview with Xinhua. The effectiveness can be attributed to Chinese PresidentXi Jinping's zero-tolerance against corruption and the Chinese people...
The conviction rate for criminal offences in 2020 and previous years is reportedly higher than 99.95%. See Safeguard Defenders 2021. 66. The Economist 2021; Chow 2015. See also Li 2018 on corruption problems in the Chinese court system. 67. Corruption Perceptions Index 2023. 68. World Justice...
Intriguingly, China is seeking to broaden this strategy to countries with less control over corruption and low political stability. By categorizing countries as advanced, emerging, and developing, the study provides the evidence that exchange rate volatility has a negative effect on trade openness, ...
(Schwens et al.2011). We operationalizedhost market growth rateusing the percentage change in real gross domestic product based on national currency in constant prices (Habib and Zurawicki2002).Foreign direct investment (FDI) restrictions(Gomes-Casseres1990) was based upon data from the Heritage ...
China has been enjoying an annual GDP growth rate of 10% on average for the past three decades. In the meantime, China has found itself stuck in an embarrassing middle position on the ranking table of freeness from corruption based on the “Corruption Perceptions Index” designed by ...
Of those tried, 148,931 were convicted — a 99.9 percent conviction rate. Recent high-profile cases include Bo Xilai, former Party chief of Chongqing and a former member of the CPC Central Committee Political Bureau, who was found guilty of bribery, embezzlement and abuse of power. Last month...
Therefore, under the same conditions, a higher adoption rate of reports and newsletters delivered by local audit institutions may bring about more diligent audit teams and better rectification results. Financial solvency of local government is another important factor. The post-audit rectification results...