Machine generated contents note: Introduction; 1. What is corruption and why does it matter?; Part I. Corruption as an … Economic Problem: 2. Bureaucratic corruption; 3. Corruption in procurement and privatization; 4. Reducing incentives and … extortion; Part II. Corruption as a Cultural Problem: 7. Culture and corruption; Part III. Corruption as a Political Problem: 8 …

Corruption can arise in any bureaucracy with the authority to allocate benefits and impose costs. This paper … applies basic economic ideas of scarcity, competition, sanctions, and incentives to the control of corruption in bureaucracies …. It presents the intuitions behind the economic theories and discusses their practical value in anti-corruption policy …

corruption involves introducing more competition, privatizing government activities, and introducing greater transparency …

Limiting corruption and self-dealing is a precondition for making progress on the other challenges facing the world … need to understand the institutional origins of corruption and to take them in to account in designing polices. This paper … corruption. It begins by summarizing the macro-data on the overall costs of corruption and then reviews research on the costs …