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This book suggests how high levels of corruption limit investment and growth can lead to ineffective government. Developing countries and those making a transition from socialism are particularly at risk, but corruption is a worldwide phenomenon.
- Susan Rose-Ackerman
- 1999
- Dedication
- Acronyms
- Acronyms
- Preface to the First Edition (1999)
Susan Rose-Ackerman: For my grandchildren Bonnie J. Palifk a: In memory of Arthur Jef erson Boynton III, who taught by example
Anticorruption Anticorruption Agency Arab Anti-Corruption and Integrity Network Alternative Dispute Resolution Anti-Money Laundering Administrative Procedures Act, U.S. Anti-Organized Crime Association of Southeast Asian Nations BAE Systems, a British defence and aerospace fi rm Bilateral Investment Treaties Chief Executive Ofi cer Control of C...
xv OPEC Organization of the Petroleum Exporting Countries PAC (U.K.) Public Accounts Committee
Economics is a powerful tool for the analysis of corruption. Cultural dif er-ences and morality provide nuance and subtlety, but an economic approach is fundamental to understanding where corrupt incentives are the greatest and have the biggest impact. In an earlier book, Corruption: A Study in Political Economy (1978), I made this point for an...
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Jun 28, 1999 · This book suggests how high levels of corruption limit investment and growth and lead to ineffective government. Corruption creates economic inefficiencies and inequities, but reforms are possible to reduce the material benefits from payoffs.
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- 1999
- Susan Rose-Ackerman
- Susan Rose-Ackerman
Jun 28, 1999 · This book suggests how high levels of corruption limit investment and growth and lead to ineffective government. Developing countries and those making a transition from socialism are...
- Susan Rose-Ackerman
- 0521659124, 9780521659123
- illustrated, reprint
- Cambridge University Press, 1999
Why is corruption—defined here as the misuse of public office for private gain—perceived to be more widespread in some countries than others? Understanding this is important for several reasons. Corruption has been blamed for the failures of certain “developing” countries to develop, and recent
- 264KB
- 78
The book outlines domestic conditions for reform and discusses international initiatives - including both explicit anti-corruption policies and efforts to constrain money laundering.
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Why is corruption a problem in developing countries?
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Poverty, poor health, low life expectancy, and an unequal distribution of income and wealth remain endemic. Many poor countries have had very low or negative growth rates that challenge convergence models of development. Others have weak economic records in spite of a well-educated labor force.