Aart Kraay

TL;DR: The authors construct a world equilibrium model in which productivity varies across countries and international borrowing and lending take place to exploit good investment opportunities, and the model generates the novel prediction that favorable income shocks lead to current account deficits in debtor countries and current account surpluses in creditor countries.

TL;DR: The authors developed a structural approach for modeling how respondents answer survey questions and used it to estimate the proportion of respondents who are reticent in answering corruption questions, as well as the extent to which reticent behavior biases down conventional estimates of corruption.

TL;DR: The World Development Report (WDR) 2002 as mentioned in this paper focused on building market institutions that promote growth and reduce poverty, addressing how institutions support markets, what makes institutions work, and how to build them.

TL;DR: In this paper, the authors highlight some of the main issues in these debates, in the form of seven myths and their associated realities, and conclude by also pointing to some brief implications for the private sector role in fighting corruption.