The Institutional Economics of Corruption and Reform: Theory, Evidence and Policy

摘要: Corruption has been a feature of public institutions for centuries yet only relatively recently it made the subject sustained scientific analysis. Lambsdorff shows how insights from institutional economics can be used to develop better understanding why corruption occurs and best policies combat it. He argues that rather than being deterred by penalties, corrupt actors are more influenced other factors such as opportunism their criminal counterparts danger acquiring an unreliable reputation. This suggests novel strategy fighting similar invisible hand governs competitive markets. - 'invisible foot' unreliability induces honesty good governance even in absence intentions. Combining theoretical research with state-of-the-art empirical investigations, this book will invaluable resource researchers policy-makers concerned anti-corruption reform.