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This paper explores the relationship between the degree of division or fractionalization of a...

This paper tests the theoretical framework developed by North, Wallis and Weingast (2009) on the...

In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have...

Prize or Penalty: When Sports Help Economies Score" looks at why countries vie to host the...

The IMF Research Bulletin, a quarterly publication, selectively summarizes research and...

This paper examines the reasons why corruption and policy distortions tend to exhibit a high...