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We argue that anti-corruption laws may provide an efficiency rationale for why political parties should meddle in the distribution of political nominations and government contracts. Anti-corruption laws forbid trade in spoils that politicians distribute. However, citizens may pay for gaining...
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Business and politician interaction is pervasive but has mostly been analysed with a binary approach. Yet the network dimensions of such connections are ubiquitous. We use a unique dataset for seven economies that documents politically exposed persons (PEPs) and their links to companies,...
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becomes inferior when a regime's exploitative power rises. -- Politically-Connected Firms ; Clientelism ; Political Stability …
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Unlike much of the growing literature on political clientelism, this short paper contains mainly the author's general … clientelism has an impact on. It then analyses how its incidence changes with the process of development, and the kind of policy …
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Government or company decisions on whom to hire are mostly delegated to politicians, public sector officials or human resources and procurement managers. Due to anti-corruption laws, agents cannot sell contracts or positions that they are delegated to decide upon. Even if bribing is ruled out,...
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