کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
8954615 | 1646026 | 2018 | 38 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
FDI, democracy and corruption in Sub-Saharan Africa
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
This paper investigates the relationship between FDI, democracy and corruption among 30 countries in Sub-Saharan Africa (SSA) over the period of 1985-2014 to determine whether the 'helping hand' or 'grabbing hand' hypothesis is most applicable. The results of GMM analysis show that corruption is used by FDI investors to overcome the region's weak democratic regulatory and institutional status and thus the 'helping hand' is more prevalent. However, the results further show that as democratic capital accumulates, this association may outlive its usefulness and thus corruption as a 'helping hand' in time becomes a 'grabbing hand' instead. These results imply that SSA countries should focus on integrating into the international economy so as to take advantage of existing financial enforcement legislation while reconstructing and strengthening domestic constitutional anti-corruption legislation and institutions.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Policy Modeling - Volume 40, Issue 4, JulyâAugust 2018, Pages 647-662
Journal: Journal of Policy Modeling - Volume 40, Issue 4, JulyâAugust 2018, Pages 647-662
نویسندگان
Sean Joss Gossel,