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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 …
Persistent link: https://www.econbiz.de/10012124550
This paper addresses the effects of the revolving door phenomenon on the inequality of influence among firms. It shows that firms are not equal in their capacities to benefit from state connections. We first develop a theoretical model introducing the notion of "bureaucratic capital" and showing...
Persistent link: https://www.econbiz.de/10011729453
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 …
Persistent link: https://www.econbiz.de/10011771537
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 …
Persistent link: https://www.econbiz.de/10011762214
Persistent link: https://www.econbiz.de/10012595474
Persistent link: https://www.econbiz.de/10011819581
We analyze a theoretical model in which entrepreneurs' property rights are threatened by "raiders" who can challenge them to a contest for control of their firms. Entrepreneurs have heterogeneous productivity, and decide how much capital to invest before raiders decide whom to attack. In...
Persistent link: https://www.econbiz.de/10011897580
Persistent link: https://www.econbiz.de/10013327272
The article analyzes how economic theory usually investigates corruption. It describes the main traditional economic … face some problems, especially their neglect of some important factors as to why corruption occurs which prevents them from … environment in which corruption occurs. Redistribution system theory can serve as a useful aid here because it reveals that the …
Persistent link: https://www.econbiz.de/10013499728
Persistent link: https://www.econbiz.de/10014416184