Showing 1 - 10 of 1,210
The control of bribery is a policy objective in many developing countries. It has been argued that asymmetric punishments could reduce bribery by incentivizing whistle-blowing. This paper investigates the role played by asymmetric punishment in a setting where bribe size is determined by Nash...
Persistent link: https://www.econbiz.de/10010786399
This paper considers the possibility of collective action by the business community to counter corruption in the award of government licenses and contracts. The analogy is with contract enforcement institutions studied by economic historians and contract law scholars. The institution in this...
Persistent link: https://www.econbiz.de/10010829442
Two decades of empirical evaluation have shown that corruption has a negative impact on economic growth, political stability, judicial effectiveness, democratization, educational attainment, and equality of income. However, corruption exists, persists, and varies significantly by culture. Lab...
Persistent link: https://www.econbiz.de/10010829537
Anti-corruption initiatives increasingly use multi-stakeholder groups, comprised of representatives from government, private sector, and civil society organizations, to drive implementation at the local level and serve as a force for transparency. In theory, the multi-stakeholder groups ideal is...
Persistent link: https://www.econbiz.de/10008752203
How corruption affects economic performance has been studied for over a decade. Yet the lack of detailed firm-level data has limited research regarding who is carrying the real burden of corruption. This study shows that for firms in the Latin America and Caribbean region, bribery significantly...
Persistent link: https://www.econbiz.de/10010829394
This paper examines causes and consequences of corruption within the process of economic development. It starts by reviewing some of the factors that, over the past couple of decades, have transformed corruption from a subject on the sidelines of economic research to a central preoccupation of...
Persistent link: https://www.econbiz.de/10010829759
A number of recent survey articles express hope that new data from enterprise surveys would shed new light on corruption complementing the corruption perception index by Transparency International. The paper explores this using the World Bank's Enterprise Survey data globally and not just the...
Persistent link: https://www.econbiz.de/10010614874
Research on the economic consequences of corruption has been hampered by the inability to directly measure corruption. Using an innovative methodology that allows respondents to report individual experiences with corruption while minimizing self-incrimination and an objective diagnostic to...
Persistent link: https://www.econbiz.de/10009143723
Redress procedures are important for basic fairness. In addition, they can help address principal-agent problems in the implementation of social policies and provide information to policy makers regarding policy design. To function effectively, a system of redress requires a well-designed and...
Persistent link: https://www.econbiz.de/10009143726
Trafficking is an emerging concern in West Africa. In 2011, 17 percent of all cocaine consumed in Europe -- 21 tons -- passed through the region, for a retail value of US$1.7 billion. This paper discusses the evolution of trafficking in the region and provides estimates of the size and value of...
Persistent link: https://www.econbiz.de/10010942469