Corruption, the government and the private sector: why it matters and what can be done

"The author proposes a definition of corruption which requires five conditions to be satisfied simultaneously. The definition is applicable to both the state and private sectors. Empirical work shows that corrupt countries receive less inward investment, pay higher interest on borrowings and achieve lower rates of investment overall. Ways of combating corruption are suggested." Copyright (c) Institute of Economic Affairs 2004.

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Year of publication:	2004
Authors:	Senior, Ian
Published in:	Economic Affairs. - Wiley Blackwell. - Vol. 24.2004, 2, p. 22-29
Publisher:	Wiley Blackwell

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005215592