英文文献：Financial Liberalisation, Bureaucratic Corruption and Economic Development-金融自由化、官僚腐败和经济发展
英文文献作者：Keith Blackburn,Gonzalo F. Forgues-Puccio
英文文献摘要：
We study the effect of international financial integration on economic development when the quality of governance may be compromised by corruption. Our analysis is based on a dynamic general equilibrium model of a small economy in which growth is driven by capital accumulation and public policy is administered by government-appointed bureaucrats. Corruption may arise due to the opportunity for bureaucrats to embezzle public funds, an opportunity that is made more attractive by financial liberalisation which, at the same time, raises efficiency in capital production. Our main results may be summarised as follows: (1) corruption is always bad for economic development, but its effect is worse if the economy is open than if it is closed; (2) the incidence of corruption may, itself, be affected by both the development and openness of the economy; (3) financial liberalisation is good for development when governance is good, but may be bad for development when governance is bad; and (4) corruption and poverty may co-exist as permanent, rather than just transitory, fixtures of an economy.

我们研究了在治理质量可能受到腐败影响的情况下，国际金融一体化对经济发展的影响。我们的分析基于一个小型经济体的动态一般均衡模型，其中增长由资本积累驱动，公共政策由政府任命的官僚管理。腐败的产生可能是由于官僚们有机会侵夺公共资金，而与此同时，金融自由化又提高了资本生产效率，使这个机会变得更有吸引力。我们的主要结果可以总结如下:(1)腐败对经济发展总是不利的，但在经济开放的情况下，腐败的影响要比在经济封闭的情况下更严重;(2)腐败的发生本身可能受到经济发展和开放度的双重影响;(3)当治理良好时，金融自由化有利于发展;但当治理不善时，金融自由化可能不利于发展;并且(4)腐败和贫困可能作为一个经济体的永久而不是短暂的固定因素而共存。