01044nam a22001337a 4500100001500000245006400015260006000079300000900139490003300148520059300181650001900774700001300793856010400806  aLetete, E.  aIllicit Financial Flows and Political Institutions in Kenya  aCôte d’IvoirebAfrican Development Bank Groupc2017  a32p.  aWorking Paper Series No. 275  aThis paper, published by African Development Bank Group explores a political economy perspective as an alternative explanation to the illicit financial outflows in Kenya. Evidence from the institutional indices found that increased arbitrary executive powers are positively associated with illicit financial outflows. That is, in the Kenyan context, prevailing weaknesses in the political institutions do matter for illicit financial flows (rent extraction). This finding is robust to the constraints on the executive from Polity IV Indicators as an alternative indicator of institutions.  aIllicit Wealth  aSarr, M.  uiffoadatabase.trustafrica.org/iff/Illicit_Financial_Flows_and_Political_Institutions_in_Kenya__.pdf