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Corruption, The Government And The Privatesector : Why It Matters And What Can Be Done

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  • Ian Senior

Abstract

The author proposes a definition of corruption which requires five conditions to be satisfied simultaneously. The definition is applicable to both the state and private sectors. Empirical work shows that corrupt countries receive less inward investment, pay higher interest on borrowings and achieve lower rates of investment overall. Ways of combating corruption are suggested.

Suggested Citation

  • Ian Senior, 2004. "Corruption, The Government And The Privatesector : Why It Matters And What Can Be Done," Economic Affairs, Wiley Blackwell, vol. 24(2), pages 22-29, June.
    • Handle: RePEc:bla:ecaffa:v:24:y:2004:i:2:p:22-29
    DOI: 10.1111/j.1468-0270.2004.00469.x
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    References listed on IDEAS

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    1. Daniel Kaufmann & Shang-Jin Wei, 1999. "Does "Grease Money" Speed Up the Wheels of Commerce?," NBER Working Papers 7093, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Matthias Walther, 2010. "Corruption in Open-Source Software Organisations: A Theoretical Framework," Working Papers halshs-00690332, HAL.
    2. Khan, Anupriya & Krishnan, Satish, 2019. "Conceptualizing the impact of corruption in national institutions and national stakeholder service systems on e-government maturity," International Journal of Information Management, Elsevier, vol. 46(C), pages 23-36.
    3. Christopher L. Atkinson, 2022. "Theme-Based Book Review: Shifting Views of Public Sector Corruption," Public Organization Review, Springer, vol. 22(2), pages 479-486, June.

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