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- Identify at least FOUR gaps/weaknesses and make FOUR recommendations for improvement of anti corruptionAccording to the Foreign Corrupt Practices Act (FCPA), bribery involves: What is offered, but not the person to whom the offer is made The person to whom the offer is made, but not the prupsoe for which the offer is made The purpose for which the offer is made bu tnot what is offered What is offered, the person to whom the offer is made, and the purpose of the offer. None of the aboveDescribe Foreign Corrupt Practices Act (FCPA)?
- Which relationship would you expect to exist betweenmeasures of corruption and living standards at thecountry level? Explain by which channel corruptionmight affect living standards.how each Hofstede dimension can contribute to or discourage business corruption in Egypt? In Turkey?Solve this question in STATA and provide codes.
- Why some economists worry that there could be "moral hazard" risk after US government bailed out Silicon Valley Bank.Explain the problems of adverse selection and moral hazard caused by asymmetricinformation. How can financial intermediaries alleviate those problems?(b) Explain the Diamond model of delegated monitoringBased on the corruption perception index developedby Transparency International (www.transparency.org), rankthe following countries from most corrupt to least: Venezuela ,Denmark, the U.S., Switzerland, and China.
- what is the difference between rent seeking and corruption? .give your arguments to control corruption in Pakistan also explain some policies work on anticorruption in Pakistan?Provide a real-world example of "Adverse Selection" in a business or financial transaction.Why can government safety nets create both an adverseselection problem and a moral hazard problem?