A Sentiment-Enhanced Corruption Perception Index

A Sentiment-Enhanced Corruption Perception Index

Author: Yongquan Cao

Publisher: International Monetary Fund

Published: 2021-07-23

Total Pages: 27

ISBN-13: 1513588885

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Direct measurement of corruption is difficult due to its hidden nature, and measuring the perceptions of corruption via survey-based methods is often used as an alternative. This paper constructs a new non-survey based perceptions index for 111 countries by applying sentiment analysis to Financial Times articles over 2005–18. This sentiment-enhanced corruption perception index (SECPI) captures not only the frequncy of corruption related articles, but also the articles’ sentiment towards corruption. This index, while correlated with existing corruption perception indexes, offers some distinct advantages, including heightened sensitivity to current events (e.g., corruption investigations and elections), availability at a higher frequency, and lower costs to update. The SECPI is negatively correlated with business environment and institutional quality. Increases in the perceived incidence or scope of corruption influences economic agents’ behaviors, and thus economic dynamics. We found that when the SECPI is at least one standard deviation above the mean, the growth per capita falls by 0.65 percentage point on average, with more pronounced impacts for emerging market and low income countries.


Global Trends 2040

Global Trends 2040

Author: National Intelligence Council

Publisher: Cosimo Reports

Published: 2021-03

Total Pages: 158

ISBN-13: 9781646794973

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"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.


Is Transparency Good for You, and Can the IMF Help?

Is Transparency Good for You, and Can the IMF Help?

Author: Yongseok Shin

Publisher: International Monetary Fund

Published: 2003-06-01

Total Pages: 48

ISBN-13: 1451855400

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This paper finds that reforms introduced by the IMF to promote transparency have created more informed markets and reduced borrowing costs for those emerging market countries that volunteered for them. Using a quarterly panel estimation with fixed country effects, we find that sovereign spreads fall following the adoption of three different transparency reforms. The effects are economically important, especially for those countries with low initial transparency. We use two-stage least squares to address any endogeneity in the timing of reforms exploiting internal IMF timetables that are unrelated to country events. Next, using a panel GARCH specification, we show that spreads move more than normal in the days immediately following publication of IMF country documents.


Clustering and Classification

Clustering and Classification

Author: Phipps Arabie

Publisher: World Scientific

Published: 1996

Total Pages: 508

ISBN-13: 9789810212872

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At a moderately advanced level, this book seeks to cover the areas of clustering and related methods of data analysis where major advances are being made. Topics include: hierarchical clustering, variable selection and weighting, additive trees and other network models, relevance of neural network models to clustering, the role of computational complexity in cluster analysis, latent class approaches to cluster analysis, theory and method with applications of a hierarchical classes model in psychology and psychopathology, combinatorial data analysis, clusterwise aggregation of relations, review of the Japanese-language results on clustering, review of the Russian-language results on clustering and multidimensional scaling, practical advances, and significance tests.


Freedom in the World 2006

Freedom in the World 2006

Author: Freedom House

Publisher: Rowman & Littlefield

Published: 2006

Total Pages: 924

ISBN-13: 9780742558038

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Freedom in the World, the Freedom House flagship survey whose findings have been published annually since 1972, is the standard-setting comparative assessment of global political rights and civil liberties. The survey ratings and narrative reports on 192 countries and a group of select territories are used by policy makers, the media, international corporations, and civic activists and human rights defenders to monitor trends in democracy and track improvements and setbacks in freedom worldwide. Press accounts of the survey findings appear in hundreds of influential newspapers in the United States and abroad and form the basis of numerous radio and television reports. The Freedom in the World political rights and civil liberties ratings are determined through a multi-layered process of research and evaluation by a team of regional analysts and eminent scholars. The analysts used a broad range of sources of information, including foreign and domestic news reports, academic studies, nongovernmental organizations, think tanks, individual professional contacts, and visits to the region, in conducting their research. The methodology of the survey is derived in large measure from the Universal Declaration of Human Rights, and these standards are applied to all countries and territories, irrespective of geographical location, ethnic or religious composition, or level of economic development.


Business Tendency Surveys A Handbook

Business Tendency Surveys A Handbook

Author: OECD

Publisher: OECD Publishing

Published: 2003-03-20

Total Pages: 130

ISBN-13: 9264177442

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This handbook is a practical manual on the design and implementation of business tendency surveys, which ask company managers about the current situation of their business and about their plans and expectations for the future.


Global Corruption Report 2001

Global Corruption Report 2001

Author: Robin Hodess

Publisher:

Published: 2001

Total Pages: 342

ISBN-13:

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The Global Corruption Report 2001 is the new annual publication of Transparency International, the leading global anti-corruption NGO. By providing an overview of the "state of corruption" around the globe, the Global Corruption Report fills a significant gap in the existing literature. It assembles news and analysis on corruption and the fight against it around the world, highlighting international and regional trends, and significant instances of reform. It also reveals the links between global, regional and national developments in the corruption field, and does so from the independent perspective of an NGO. The book includes reports by leading experts on topical issues such as political party funding, money laundering, and corruption in international sport, exploring in particular the global nature of these themes. It also contains 12 regionally-focused reports, written by journalists from around the world. The report's final data and research section delivers a unique survey of the contemporary corruption and anti-corruption research terrain, with contributions from a range of IGOs, NGOs, the private sector, and academics. It also contains TI's own well-known Corruption Perceptions Index (CPI). The Global Corruption Report is a "must have" publication for policy-makers, business people, lawyers, journalists, academics, and anti-corruption activists the world over.


Inventing Majorities

Inventing Majorities

Author: Mykhailo Minakov

Publisher: BoD – Books on Demand

Published: 2022-03-22

Total Pages: 390

ISBN-13: 3838216415

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The recent history of post-Soviet societies is heavily shaped by the successor nations’ efforts to geopolitically re-identify themselves and to reify certain majorities in them. As a result of these fascinating processes, various new ideologies have appeared. Some are specific to the post-Soviet space while others are comparable to ideational processes in other parts of the world. In this collected volume, an international group of contributors delves deeper into recent theoretical constructions of various post-Soviet majorities, the ideologies that justify them, and some respectively formulated policy prescriptions. The first part analyzes post-Soviet state-builders’ fixation on certain constructed majorities as well as on these imagined communities’ symbolic self-identifications, in- or outward othering, and national languages. The second part deals specifically with post-Soviet ideas of sovereigntism and the way they define majorities as well as imply changes in internal and external policies and legal systems. These processes are analyzed in comparison to similar phenomena in Western societies. The book’s contributors include (in the order of their appearance): Natalia Kudriavtseva, Petra Colmorgen, Nadiia Koval, Ivan Gomza, Augusto Dala Costa, Roman Horbyk, Yana Prymachenko, Yuliya Yurchuk, Oleksandr Fisun, Nataliya Vinnykova, Ruslan Zaporozhchenko, Mikhail Minakov, Gulnara Shaikhutdinova, and Yurii Mielkov.


Fighting Corruption in Public Services

Fighting Corruption in Public Services

Author: World Bank

Publisher: World Bank Publications

Published: 2012-02-01

Total Pages: 127

ISBN-13: 0821394762

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This book chronicles the anti-corruption reforms in public services in Georgia since the Rose Revolution in late 2003. Through a series of case studies, the book draws out the how of these reforms and distills the key success factors.