Using data on a large sample of countries we find that the informal sector impacts the link between corruption and inequality. In particular, the marginal impact of corruption becomes negative once the informal sector becomes large. This is true in Latin America and more generally. Corruption ...
Lack of Faith in Governments Widespread instability, rampant corruption, and rapidly changing regimes have created an atmosphere of institutional distrust among the people. This has naturally spilled over into the financial system, and people are wary of trusting their national currencies. This is why...
Why does Latin America have a history of corruption? Why was the Mexican Revolution Latin America's first social revolution? Why was Napoleon's rule considered democratic despotism? Why was the encomienda system used in the Caribbean? Why was Athens considered an oligarchy at one point? Why did...
Against Corruption. legco.gov.hk legco.gov.hk 理論上,我們認為廉署是受特首管轄的,因為是 由特首直接指揮,所以便稱為特首特派的廉政公署。 legco.gov.hk legco.gov.hk [...] more than 10 000 households in the estate,andthat is why it is calleda"CSSA estate". ...
“But the Unbelievers,-their deeds are like a mirage in sandy deserts, which the man parched with thirst mistakes for water; until when he comes up to it, he finds Allah there, and Allah will pay him his account: and Allah is swift in taking account. Or (the unbelievers’ state) is...
Venezuela has greater oil stores than any other country. But after years of corruption, mismanagement and more recently U.S. sanctions, its oil output has dropped to a tenth of what it was two decades ago. Why is Venezuela's unemployment rate so high?
There are two kinds of economists. Those who read the Economist (or FT) every week, and have a pretty good sense of what is going on in the world, and who know why some countries are doing better than others. And those who are lost in their ivory tower doing arcane research. The la...
Some changes in education and compensation for law enforcement officers might also help stem corruption, says Adam Isacson, chief security analyst with the Washington Office on Latin America, in an email to The Daily Beast. Isacson would like to see Mexican authorities “improve police training, sa...
She's played a mom, friend, lover and Western outlaw. We've seen her star in many different roles, but never as a *gasp!* villain. Ultimately, her dark turn works, and here's why: McEntire above all things is an incredible actress. She effortlessly molds into the mama bear role who...
Proponents came up with the theory that there was a centre and a periphery. In actual fact, industrial firms collapsed in the US also, creating mass unemployment, while farms were foreclosed during the Great Depression. In Latin America, multinational companies (MNC) were demonized particularly due...