Date of Award

Spring 5-5-2018

Document Type


Degree Name

Master of Arts (MA)



First Advisor

Professor Randall K. Filer

Second Advisor

Professor Jonathan Conning

Academic Program Adviser

Professor Randall K. Filer


This paper investigates the direct linkage between institutional quality and illicit financial flows (IFFs) of 47 developing and developed countries from the period of 2005 to 2014. Corruption and political stability are found to be correlated to the IFFs.



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