Can Money Buy Honesty? The Impact of Multilateral Development Banks on Corruption

• In Event: The Domestic Politics and Effects of Foreign Aid

Brief Overview

By using linear models with fixed-effects, we test the hypothesis that the American-sponsored multilateral development banks reduce corruption levels in borrowing members. We find that all those institutions, but the World Bank, decrease corruption.

Authors

• Vinicius Guilherme Rodrigues Vieira, Armando Alvares Penteado Foundation (FAAP)

• Anastasia Viktorovna Obydenkova, Harvard University