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Drivers of corruption - a brief review (Paperback)
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Drivers of corruption - a brief review (Paperback)
Series: World Bank studies
Expected to ship within 10 - 15 working days
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This report provides an overview of arguments explaining the risk
of corruption. Corrupt acts are subject to decision making
authority and assets available for grabbing. These assets can be
stolen, created by artificial shortage, or become available as the
result of a market failure. Assets that are especially exposed to
corruption include profits from the private sector, revenues from
the export of natural resources, aid and loans, and the proceeds of
crime. Whether or not opportunities for corruption are exploited
depends on the individuals involved, the institution or society
they are part of, and the law enforcement circumstances. Corruption
usually persists in situations in which players are aware of the
facts but nonetheless condone the practice. Absence of reaction can
result from information asymmetries (in which the people who are
supposed to act are not aware of the need to act), coordination
failure, patronage-determined loyalty, and incentive problems at
the political level. This review of results and insights from
different parts of the scholarly literature on corruption focuses
on areas where research can guide anticorruption policy. The report
also describes a number of corruption-related challenges in need of
more attention from researchers.
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