Aspects of Bureaucratic Corruption
University of New South Wales - Australian School of Business - School of Economics
September 20, 2010
UNSW Australian School of Business Research Paper No. 2010ECON14
This review attempts to identify treatments of corruption that draw upon characteristics of underdevelopment either as causes or as consequences. It focuses on three aspects of corruption in developing economies: red tape, rent-seeking, and the abundance of intermediaries. Red tape is presented as arising from differences in ability-to-pay and willingness-to-pay, which is a consequence of incomplete or absent markets in LDCs. Rent-seeking is viewed as a reason for inefficient allocation of resources. We emphasise that there is very little analysis of intermediation, but analysis is necessary to understand the structure of corruption markets.
Number of Pages in PDF File: 31
Keywords: Bureaucratic Corruption, Red Tape, Middlemen, Rent Seeking
JEL Classification: D73, O12, O17, K42working papers series
Date posted: September 21, 2010 ; Last revised: September 24, 2010
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo8 in 0.266 seconds