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The underground or 'black economy' has been a source for considerable concern to Indian public policy analysts since the mid-1960s. In this article, authors argue that the black economy played a critical role in the softening of the government budget...

This paper analyses a newly assembled data set consisting of subjective indices of corruption, the amount of red tape, the efficiency of the judicial system, and various categories of political stability for a cross section of countries. Corruption...

This study led in Uganda revealed that only 13 percent of public non-wage education spending reached the schools in 1991, and only 22 percent in 1995. These dismal findings stimulated the central government to begin publishing information on monetary...

The practice whereby some public money is illicitly diverted for private gain is present to some degree in all societies. Developing countries' particular circumstances - rapid economic and social change, strong kinship and ethnic ties, new...