Financial Reforms and Corruption
12 Pages Posted: 19 Jun 2015
Date Written: June 16, 2015
Abstract
In this paper, I assess the impact of financial reforms on corruption using a panel of 85 countries for 1984-2005. I find that several, but not all, of the policies targeted towards financial liberalization reduce corruption. Specifically, the abolition of entry barriers, credit controls, and excessive reserve requirements along with improvements in the security markets and banking supervision are associated with lower corruption.
Keywords: Corruption, Banks, Financial Reforms, Liberalization
JEL Classification: D73, G28, O16
Suggested Citation: Suggested Citation
Jha, Chandan Kumar, Financial Reforms and Corruption (June 16, 2015). Available at SSRN: https://ssrn.com/abstract=2619466 or http://dx.doi.org/10.2139/ssrn.2619466
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.