We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …'s bureaucracy, which can be centralized or decentralized, and characterize the 'corruptibility' of bureaucrats in each case. Results … is less tight, bureaucrats are less venal, or compensation for expropriation is ungenerous. -- corruption ; bureaucratic …

privatization is more likely to be chosen if the government is politically weak. -- Corruption ; Bureaucratic Structure ; Developing …

The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially … data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …