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CORRUPTION AND ITS IMPACT ON THE ECONOMY Ph.D. Vicente Humberto Monteverde University of Moron-Argentina Contents I. Introduction II- Corruption and its Structural Theory III-Psychology, Sociology and Culture of corruption IV-Corruption networks V-Political corruption VI-Private Corruption VII-Public Corruption VIII-The corruption in the history of the world IX-Hypothesis on corruption X-Cost of Corruption and undue benefit XI-Causes and Effects of Corruption XII-Effects of corruption on investment, economic growth and the allocation of public spending XIII-Corruption represented as a hidden tax and economic efficiency XIV-Corruption represented as a natural phenomenon and positive externality XV-Corruption represented by different economic models XVI-Effects of corruption on fiscal and economic variables XVII-General Conclusions XVIII-Bibliography
This book argues that security and defense have never been true priorities in the European Union, and have constantly been marginalized by the elites since the Soviet Union collapsed and the Warsaw Pact disintegrated. Despite the official rhetoric, only a few tangible results can be presented concerning the operational readiness of European forces, and the EU’s inability to act was proven during the crises in the Balkans, NATO has experienced similar problems, as the majority of its members are EU countries. Both organizations have declared their resolve concerning the security and defense of their nations and territories, but, unfortunately, little has been done to lend these statements credence. In this context, the book analyzes several aspects of EU security and defense, including: the EU – NATO relationship, common defense policy and strategy, common capability building, common understanding of strategic changes, common operational planning and centrally synchronized exercises based on operational planning, etc. The member states have helped to make EU/NATO effective organizations, but unfortunately their individual interests and priorities constitute real challenges. This aspect should be discussed and addressed by political and military elites, scholars, analysts, students and the general public alike.
A setenta años de su fundación, El Colegio de México publica esta serie de dieciséis volúmenes, titulada Los grandes problemas de México, en la que se analizan los mayores retos de la realidad mexicana contemporánea, con el fin de definir los desafíos que enfrentamos en el siglo XXI y proponer algunas posibles respuestas y estrategias para resolver nuestros problemas como nación. Serie: Los grandes problemas de México. Vol. XIII Políticas públicas, está dividido en cuatro partes, que abordan desde diversos ángulos la naturaleza y capacidad del Estado mexicano para formular e implementar las políticas públicas. La primera trata aspectos del marco institucional de las políticas públicas, como las relaciones entre el Ejecutivo y el Legislativo, la evolución del tamaño y naturaleza del Estado, la planeación y la evaluación. La segunda se enfoca en las políticas de modernización y el estado general de la administración pública federal centralizada. La tercera incluye capítulos sobre algunas organizaciones y políticas en ámbitos nacionales distintos a la burocracia central, esto es, la administración pública federal descentralizada y la sociedad civil. La cuarta y última se refiere al estado de la relación entre las esferas federal, estatal y local y su impacto en las políticas públicas.
The Survey examines Colombia’s economic recovery from the COVID-19 crisis as well as the challenges to ensuring stronger and more sustainable growth. It takes an in-depth look at the social protection system, and discusses reforms that could improve the sustainability of public finances, boost productivity growth and improve opportunities for all Colombians.
The OECD Public Integrity Handbook provides guidance to government, business and civil society on implementing the OECD Recommendation on Public Integrity. The Handbook clarifies what the Recommendation’s thirteen principles mean in practice and identifies challenges in implementing them.
After building up foreign currency denominated (FC) liabilities over several years, Colombian firms might be vulnerable to a shift in external conditions. We undertake three empirical exercises to better understand these vulnerabilities. First, we identify the determinants of FC borrowing. Second, we investigate the implications for real activity, finding a balance sheet effect that transmits exchange rate fluctuations to investment and is asymmetric, much stronger for depreciations than for appreciations. Finally, we find that foreign exchange derivatives are not used solely for hedging, due in part to monetary authority intervention to smooth exchange rate volatility. However, a full explanation remains open for future research.