The Economic Reverse of the Corruption Suppression in Croatia

Piplica, Damir

doi:10.14254/1800-5845/2021.17-2.16

Cited by 3 publications

(2 citation statements)

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“…Systematic empirical studies show that corruption exacerbates the problem of climate change and has a destructive impact on environmental protection. The imperfect functioning of democratic institutions , low level of economic freedom (Linhartová & Halásková, 2022;Vyas-Doorgapersad et al, 2022;Remeikienė et al, 2022), unbalanced government fiscal policies (Tiganasu et al, 2022), acceptance of bribery within society (Korjonen-Kuusipuro & Wojciechowski, 2022), a lack of business integrity (Bednárová et al, 2021;Nastisin et al, 2021;Erwin et al, 2022) and inefficient work of judicial and regulatory authorities (Piplica, 2021;Salman et al, 2022;Ogunshola et al, 2022) in the country lead to the penetration of corruption schemes into economic life.…”

Section: The Impact Of Corruption In Climate Finance On Achieving Net...mentioning

confidence: 99%

The impact of corruption in climate finance on achieving net zero emissions

Lyeonov

Toušek

Bozhenko

et al. 2023

Journal of International Studies

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The study’s primary purpose is to assess the probabilistic impact of corruption in climate finance on achieving zero emissions. This scientific problem is highly relevant since the largest recipients of international climate assistance are countries with significant corruption in the public sector. Thus, it is necessary to increase the transparency in the use of international assistance funds and strengthen accountability. The study used the methods of survival analysis, namely the Kaplan-Meier approach and the Cox proportional hazards regression model, to investigate 114 countries that received international climate assistance during 2005-2021. The empirical analysis showed that the most probable time frame for achieving 5% reduction in greenhouse gas emissions is five years. Moreover, the response of climate finance to reducing greenhouse emissions is faster in countries with medium levels of corruption than in countries with high and very high levels of corruption. Two covariates (the level of corruption and the volume of climate finance) likely to affect the achievement of net zero emissions were chosen to build the Cox proportional hazards model. The study empirically confirms that with a 1-point increase in the Corruption Perceptions Index, the probability of reducing emissions increases by 2.4581%, while the volume of climate finance does not have a statistically significant impact on the performance indicator. It suggests that current climate investment in underdeveloped countries is incapable of mitigating the negative impact of climate change.

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Section: The Impact Of Corruption In Climate Finance On Achieving Net...mentioning

confidence: 99%

The impact of corruption in climate finance on achieving net zero emissions

Lyeonov

Toušek

Bozhenko

et al. 2023

Journal of International Studies

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“…There have been few studies about corruption and competition carried out in developing and emerging economies and not much attention has been paid to the impact of corruption on competition in SEE countries. In most studies, corruption is described as catastrophic activities, which diminish democratic governance and the rule of law and have a negative impact on competition and economic growth (Piplica et al, 2021;Subanti et al, 2021;Meyer, 2018). Transparency International (2016) defines corruption as "the misuse of power in order to have personal advantages", which is the definition accepted in this paper.…”

Section: Introductionmentioning

confidence: 99%

The impact of corruption on competition in the countries of Southeast Europe

Jovovic¹

2021

Journal of International Studies

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This article is an extended piece of research on the impact of corruption on the market competition in Southeast Europe (SEE). The aim of the paper is to investigate the relationship of corruption and competition in the selected SEE countries. This paper analyses the annual data over the period of 1996 -2019 from the World Bank and Transparency International. The starting hypothesis is that corruption has great influence on restricting competition in SEE and a significant negative impact on it. Multiple regression and analysis of time series are used in this research. The results verify the hypothesis. Our findings allow us to conclude that corruption must be reduced for SEE economies to take advantage of potential resulting benefits. Additionally, the conclusions also indicate that competition in these countries would be significantly reduced by policies on controlling corruption. Finally, several political implications for the regulation of corruption in SEE arise from these findings, as well.

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Survival Analysis Methods for Assessing the Anti-Money Laundering System Effectiveness

Kuzmenko,

Krukhmal,

Koibichuk

et al. 2023

Wseas Transactions on Business and Economics

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The article collects and systematizes statistical information to assess the anti-money laundering system effectiveness for 25 banks from 12 countries. The anti-money laundering system effectiveness was evaluated based on applying the survival analysis method by constructing tables of survival for banks subject to sanctions, determining the probability of deciding on the need to impose sanctions on banks, multiple assessments of Kaplan-Meyer, formalization of the Hazard rate instantaneous risk function. The anti-money laundering system effectiveness is compared based on the survival analysis in groups of banks around the world. Relevant factors influenced the assessment of the anti-money laundering system effectiveness based on the application of the principal components method by creating a scree plot and determining the factor loads of the statistical input base indicators in the study. A Cox proportional intensity regression model of dependence of the anti-money laundering system effectiveness on independent factors is constructed.

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The Economic Reverse of the Corruption Suppression in Croatia

Cited by 3 publications

References 0 publications

The impact of corruption in climate finance on achieving net zero emissions

The impact of corruption in climate finance on achieving net zero emissions

The impact of corruption on competition in the countries of Southeast Europe

Survival Analysis Methods for Assessing the Anti-Money Laundering System Effectiveness

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