| Description |
1 online resource (xi, 76 pages) : color illustrations |
| Series |
World Bank Studies |
|
World Bank e-Library.
|
|
World Bank studies.
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| Contents |
Foreword -- Acknowledgments -- Abbreviations -- Chapter 1. Introduction -- Notes -- Chapter 2. Arenas for Corruption: Access to Assets -- Shortage and Illegality -- Organization of State Authority -- Corporate Structures and Secret Identities -- Uncertain Information about Corruption -- Interventions to Fix Market Failure -- Revenues from the Export of Natural Resources -- Development Aid and Loans -- Notes -- Chapter 3. Exploiting Opportunities and Condoning the Practice -- The Individual Decision Maker -- Law Enforcement and Sanctions -- Rational in Theory, Irrational in Practice -- Rationalizing Corruption -- Absence of Reaction in Organizations --- Condoned by Management -- The Role of Whistleblowers -- Corrupt Market Players -- Political Failure -- Notes -- Chapter 4. Policy Implications and Further Research -- Research Ignored? -- Research Frontiers -- Research Needed -- Notes -- Chapter 5. Conclusion -- Bibliography -- Box 2.1. Collusive Corruption: Not Just a Developing-Country Phenomenon -- Figures. 1.1. Regional Experiences with Corruption -- 4.1. Quality of Laws and Regulations in Relation to Enforcement Strength -- Tables. 1.1. Glossary of Corruption -- 1.2. Legal Approaches for Preventing and Disclosing Corruption and Protecting Fair Competition in Markets |
| Summary |
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 |
| Notes |
"A World Bank study." |
| Bibliography |
Includes bibliographical references |
| Notes |
English |
|
Vendor-supplied metadata |
| Subject |
Political corruption.
|
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SOCIAL SCIENCE -- Criminology.
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Political corruption
|
| Form |
Electronic book
|
| Author |
World Bank Group, issuing body.
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| ISBN |
9781464804021 |
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1464804028 |
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146480401X |
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9781464804014 |
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