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The legal order is the legitimate foundation of liberal democracy. Its incomplete enforcement of the law can therefore appear dysfunctional, reflecting weak institutions, state capture, and corrupt practices. This paper casts doubt on such categorical assessments by systematically examining the...
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corruption-sensitive institutions. We discuss the need to implement regulatory models that minimize the risk of diversion and … corruption from the legal to the illegal market within a regulated framework. The primary concern is to establish legal and …
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