This essay first sets out the "business model" problems entailed by corruption and their effects as well as implications for economic growth. Key issues are the need for secrecy and co-operation with partners in crime. Dealing with these leads to behavior which is ostensibly bizarre and undermines economic efficiency, but is in fact a rational way of managing corrupt practices. However, different economic policies can be pursued that are compatible...
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INFORMACIÓN
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2011/10/01
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS5855
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1
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1
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2011/10/01
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Disclosed
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Enrichment with growth
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corruption