Corruption and Economic Growth in Moldova

Corruption and Economic Growth in Moldova PDF Author: Maksym Markevych
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 17

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Book Description
This paper examines corruption in Moldova, analyzing its impact on economic growth and progress in implementing earlier IMF recommendations on anti-corruption and anti-money laundering (AML). Despite solid legal frameworks, corruption remains a significant challenge, impeding growth and EU convergence. Drawing from regional successes, the paper stresses the importance of specialized anti-corruption agencies, robust prosecution, civil society involvement, and international expertise. Moldova has made strides in strengthening its legal and institutional infrastructure, but challenges like delayed corruption case adjudication persist. Recommendations include enhancing the Anti-corruption Prosecution Office's investigative capacity and establishing specialized adjudication infrastructure.

Corruption and the Global Economy

Corruption and the Global Economy PDF Author: Kimberly Ann Elliott
Publisher: Columbia University Press
ISBN: 0881323233
Category : Political Science
Languages : en
Pages : 258

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Book Description
The recently-adopted OECD convention outlawing bribery of foreign public officials is welcome evidence of how much progress has been made in the battle against corruption. The financial crisis in East Asia is an indication of how much remains to be done. Corruption is by no means a new issue but it has only recently emerged as a global issue. With the end of the Cold War, the pace and breadth of the trends toward democratization and international economic integration accelerated and expanded globally. Yet corruption could slow or even reverse these trends, potentially threatening economic development and political stability in some countries. As the global implications of corruption have grown, so has the impetus for international action to combat it. In addition to efforts in the OECD, the Organization of American States, the World Trade Organization, and the United Nations General Assembly, the World Bank and the International Monetary Fund have both begun to emphasize corruption as an impediment to economic development. This book includes a chapter by the Chairman of the OECD Working Group on Bribery discussing the evolution of the OECD convention and what is needed to make it effective. Other chapters address the causes and consequences of corruption, including the impact on investment and growth and the role of multinational corporations in discouraging bribery. The final chapter summarizes and also discusses some of the other anticorruption initiatives that either have been or should be adopted by governments, multilateral development banks, and other international organizations.

Introduction to Moldova

Introduction to Moldova PDF Author: Gilad James, PhD
Publisher: Gilad James Mystery School
ISBN: 9862012358
Category : Travel
Languages : en
Pages : 95

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Book Description
Moldova is a landlocked country situated in Eastern Europe, bordered by Romania to the west and Ukraine to the north, east, and south. The country has a population of around 2.6 million people and covers an area of 33,846 km². The capital and largest city is Chișinău, which is home to around 700,000 people. The official language of Moldova is Romanian, and the country has a rich cultural heritage, with influences from Romanian, Russian, and Ukrainian cultures. Its economy is mainly based on agriculture, with wine production being a significant industry. Moldova is also known for its stunning natural beauty, including the Dniester River and the Codru Forest, which provide outdoor recreation opportunities for residents and tourists alike. Despite its natural beauty and rich heritage, Moldova faces significant challenges related to corruption, political instability, and economic development.

Republic of Moldova

Republic of Moldova PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 36

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Book Description
Republic of Moldova: Selected Issues

Does Corruption Affect Income Inequality and Poverty?

Does Corruption Affect Income Inequality and Poverty? PDF Author: Mr. Sanjeev Gupta
Publisher: International Monetary Fund
ISBN: 1451896123
Category : Business & Economics
Languages : en
Pages : 43

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Book Description
This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic growth, the progressivity of the tax system, the level and effectiveness of social spending, and the formation of human capital, and by perpetuating an unequal distribution of asset ownership and unequal access to education. These findings hold for countries with different growth experiences, at different stages of development, and using various indices of corruption. An important implication of these results is that policies that reduce corruption will also lower income inequality and poverty.

The Shield of Nationality

The Shield of Nationality PDF Author: Rachel L. Wellhausen
Publisher: Cambridge University Press
ISBN: 1107082765
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
The Shield of Nationality examines multinational corporations' relations with governments in developing countries. Wellhausen explains why governments can sometimes expropriate foreign-owned property, even in an era in which global capital is expected to have significant power. A new factor - the nationality of multinational corporations - is discussed as a source of political risk.

Corruption and Economic Development

Corruption and Economic Development PDF Author: Jayasri Dutta
Publisher:
ISBN: 9781783471201
Category : Corruption
Languages : en
Pages : 0

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Book Description
Corruption is an almost universal and persistent feature of the modern state. Commentators primarily view corruption as a major obstacle to development, whereas dissenting voices claim that corruption has the power to facilitate trade that would otherwise not have taken place. This comprehensive collection presents the most significant works contributing to our understanding of this debate, focusing on the key conceptual and theoretical issues and discussing anti-corruption policies. Alongside an original introduction by the editors, this collection is a highly valuable asset to scholars and academics alike.

The Shadow Economy

The Shadow Economy PDF Author: Friedrich Schneider
Publisher: Cambridge University Press
ISBN: 1107034841
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.

How Ukraine Became a Market Economy and Democracy

How Ukraine Became a Market Economy and Democracy PDF Author: Anders Åslund
Publisher: Columbia University Press
ISBN: 0881325066
Category : Political Science
Languages : en
Pages : 371

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Book Description
One of Europe's old nations steeped in history, Ukraine is today an undisputed independent state. It is a democracy and has transformed into a market economy with predominant private ownership. Ukraine's postcommunist transition has been one of the most protracted and socially costly, but it has taken the country to a desirable destination. Åslund's vivid account of Ukraine's journey begins with a brief background, where he discusses the implications of Ukraine's history, the awakening of society because of Mikhail Gorbachev's reforms, the early democratization, and the impact of the ill-fated Soviet economic reforms. He then turns to the reign of President Leonid Kravchuk from 1991 to 1994, the only salient achievement of which was nation-building, while the economy collapsed in the midst of hyperinflation. The first two years of Leonid Kuchma's presidency, from 1994 to 1996, were characterized by substantial achievements, notably financial stabilization and mass privatization. The period 1996–99 was a miserable period of policy stagnation, rent seeking, and continued economic decline. In 2000 hope returned to Ukraine. Viktor Yushchenko became prime minister and launched vigorous reforms to cleanse the economy from corruption, and economic growth returned. The ensuing period, 2001–04, amounted to a competitive oligarchy. It was quite pluralist, although repression increased. Economic growth was high. The year 2004 witnessed the most joyful period in Ukraine, the Orange Revolution, which represented Ukraine's democratic breakthrough, with Yushchenko as its hero. The postrevolution period, however, has been characterized by great domestic political instability; a renewed, explicit Russian threat to Ukraine's sovereignty; and a severe financial crisis. The answers to these challenges lie in how soon the European Union fully recognizes Ukraine's long-expressed identity as a European state, how swiftly Ukraine improves its malfunctioning constitutional order, and how promptly it addresses corruption.

The Many Faces of Corruption

The Many Faces of Corruption PDF Author: J. Edgardo Campos
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 492

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Book Description
Corruption is a multidimensional phenomenon that rears its head in many places. For this reason, it is difficult and challenging to assess how well a country is doing in addressing it. This volume examines corruption across a variety of sectors -- from the education and health and the oil and gas sectors to the roads, forestry, and electricity sectors -- and provides guidance to practitioners and policymakers in the design of anticorruption reforms in these areas.