"This paper discusses mechanisms of grand corruption in private sector utility provision in developing countries. By the term "grand corruption," the authors abstract from the petty corruption that consumers experience - for example, when firms and individuals pay bribes to get water delivery or...

"This paper discusses mechanisms of grand corruption in private sector utility provision in developing countries. By the term "grand corruption," the authors abstract from the petty corruption that consumers experience - for example, when firms and individuals pay bribes to get water delivery or...

This report provides an overview of arguments explaining the risk of corruption. Corrupt acts are subject to decision making authority and assets available for grabbing. These assets can be stolen, created by artificial shortage, or become available as the result of a market failure. Assets that...

Internationally, there is a trend toward a regulatory regime for corporate bribery with more emphasis on ex ante oversight and preventive systems, and less emphasis on investigations driven by suspected crime. Governments want the benefits associated with civil law regulation – including...

Corruption can arise in any bureaucracy with the authority to allocate benefits and impose costs. This paper articulates general economic principles that can help identify corrupt incentives and guide reform. It draws from models of bureaucratic behavior, especially the economic literature on...

Anti-corruption initiatives increasingly use multi-stakeholder groups, comprised of representatives from government, private sector, and civil society organizations, to drive implementation at the local level and serve as a force for transparency. In theory, the multi-stakeholder groups ideal is...