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The Persistence of Corruption and Slow Economic Growth

The Persistence of Corruption and Slow Economic Growth »

Source: The Persistence of Corruption and Slow Economic Growth

Volume/Issue: 2002/213

Series: IMF Working Papers

Author(s): Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2002

ISBN: 9781451874952

Keywords: multiple equilibria, strategic complementarities, persistence, bribe, expenditure, government expenditure, bribes, grand corruption, Illegal Behavior and the Enforcement of Law,

There is increasing recognition that corruption has substantial, adverse effects on economic growth. But if the costs of corruption are so high, why don’t countries strive to improve their institutions and r...

The Persistence of Corruption and Slow Economic Growth

The Persistence of Corruption and Slow Economic Growth »

Volume/Issue: 2002/213

Series: IMF Working Papers

Author(s): Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2002

DOI: http://dx.doi.org/10.5089/9781451874952.001

ISBN: 9781451874952

Keywords: multiple equilibria, strategic complementarities, persistence, bribe, expenditure, government expenditure, bribes, grand corruption, Illegal Behavior and the Enforcement of Law,

There is increasing recognition that corruption has substantial, adverse effects on economic growth. But if the costs of corruption are so high, why don’t countries strive to improve their institutions and r...