Police corruption is widespread and may be important in explaining the high risk of road fatalities in Sub-Saharan Africa. This study examines the impact of this phenomenon on road safety in Sub-Saharan Africa. A theoretical model is presented where a representative carrier faces corruptible...

The volume of Foreign Direct Investments (FDIs) towards developing countries has significantly risen during the 90's. The interest expressed in FDIs by developing countries is generally justified by many expectations: their impact on growth, the provision of financial resources, the openness to...