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Corruption: Market Reform and Technology

In: Institutional Dynamics and the Evolution of the Indian Economy

Author

Listed:
  • Murali Patibandla
  • Amal Sanyal

Abstract

Pro-market reforms and information and communication technology (ICT) are widely believed to be important instruments for enhancing efficiency. Our chapter asks a different question about these two instruments: how effective are they in fighting corruption? We suggest a typology of corruption, and argue that the type of corruption determines which of the instruments would be effective if at all, and to what extent. To make markets contestable and let them find equilibrium without intervention can reduce or eliminate certain types of corruption but not all. In some cases we need contributions from ICT. There are yet others where the two instruments should be used in a complementary way. Finally, some types of corruption are immune against both market reform and ICT.

Suggested Citation

  • Murali Patibandla & Amal Sanyal, 2009. "Corruption: Market Reform and Technology," Palgrave Macmillan Books, in: Murali Patibandla & Rajesh Kumar (ed.), Institutional Dynamics and the Evolution of the Indian Economy, chapter 5, pages 119-134, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-62013-1_5
    DOI: 10.1057/9780230620131_5
    as

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