In this paper, we provide a new framework for analyzing corruption in public bureaucracies. The standard way to model … corruption is as an example of moral hazard, which then leads to a focus on better monitoring and stricter penalties with the … eradication of corruption as the final goal. We propose an alternative approach which emphasizes why corruption arises in the …

Can a society suffering contests between rich and poor achieve good governance in the face of endemic corruption? We … payments, limiting the state's economic development capability. In the face of extensive corruption, it is challenging for the … that minimizes corruption and is sensitive to the present and future needs of society. To do this it must understand what …