Corruption Y Capture in Public Service Regulation

Revista de Economía Institucional, Vol. 7, No. 13, Second Semester 2005

19 Pages Posted: 13 Aug 2006

Abstract

Regulation plays a key part in public service reforms. However, corruption and the risk of capture may undermine the purposes of these reforms. Both cost and incentive based regulations carry corruption and capture risks. This document shows that capture is a minor problem compared with market failures in different sectors, and thus proposes reforms to generate transparency and accountability in the regulatory processes.

Keywords: corruption, capture, regulation, public services

JEL Classification: L51, D73, D72, L97

Suggested Citation

Boehm, Frédéric, Corruption Y Capture in Public Service Regulation. Revista de Economía Institucional, Vol. 7, No. 13, Second Semester 2005. Available at SSRN: https://ssrn.com/abstract=923880

Frédéric Boehm (Contact Author)

Universidad Autónoma del Caribe ( email )

Street 90
Barranquilla
Colombia

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