This open access book provides theory and evidence on the corruption mechanisms that affect multinational enterprises’ investment behaviour. The mechanisms are formalised using small-scale modelling of market corruption cost and uncertainty effects in an integrated theoretical framework, which accounts for Cournot competitor behaviour or the enterprise’s market entry, ongoing operations, and exit in a two-stage game.
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For many years, I have had the opportunity to work in large grant funded initiatives in different forms – projects, programmes and centres – as well as in many smaller collaborations. Often I have been a partner within an initiative, and at times I’ve had the privilege to lead large programmes. There is rarely time to pause and reflect amidst the hectic nature of these collaborations, but a recent initiative with Southern Voice has encouraged me to take the time needed to reflect on my experiences.
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Development finance is increasingly taking place between worlds. It is expected to reconcile goals that are often in tension: preserving multilateralism while accommodating more flexible coalitions of the willing; responding to shrinking official development assistance (ODA) while mobilising larger volumes of public and private finance; and adapting to a shifting balance of power between North and South while responding to long-standing calls to decolonise international partnerships.
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