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The Economics of Corruption in Less Developed Countries: A Review of Issues

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  • Bardhan, Pranab

Abstract

In this paper we start with a discussion of some of the different denotations of the problem of corruption. We then consider the ways in which the damaging consequences of corruption operate in the economy, while not ignoring its possible redeeming features in some cases. We pursue the question of why corruption is perceptibly so different in different societies and also so persistent. Finally, we examine the feasible policy issues that arise.

Suggested Citation

  • Bardhan, Pranab, 1996. "The Economics of Corruption in Less Developed Countries: A Review of Issues," Center for International and Development Economics Research (CIDER) Working Papers 233426, University of California-Berkeley, Department of Economics.
    • Handle: RePEc:ags:ucbewp:233426
    DOI: 10.22004/ag.econ.233426
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    1. Mookherjee, Dilip & Png, I P L, 1995. "Corruptible Law Enforcers: How Should They Be Compensated?," Economic Journal, Royal Economic Society, vol. 105(428), pages 145-159, January.
    2. Krueger, Anne O, 1974. "The Political Economy of the Rent-Seeking Society," American Economic Review, American Economic Association, vol. 64(3), pages 291-303, June.
    3. Cadot, Olivier, 1987. "Corruption as a gamble," Journal of Public Economics, Elsevier, vol. 33(2), pages 223-244, July.
    4. Wade, Robert, 1985. "The market for public office: Why the Indian state is not better at development," World Development, Elsevier, vol. 13(4), pages 467-497, April.
    5. Lui, Francis T, 1985. "An Equilibrium Queuing Model of Bribery," Journal of Political Economy, University of Chicago Press, vol. 93(4), pages 760-781, August.
    6. Besley, Timothy & McLaren, John, 1993. "Taxes and Bribery: The Role of Wage Incentives," Economic Journal, Royal Economic Society, vol. 103(416), pages 119-141, January.
    7. Unknown, 1986. "Letters," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 1(4), pages 1-9.
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    Cited by:

    1. Manzoor Ahmed, 2023. "Political Economy of Discretionary Allocation of Annual Development Programmes: Theory and Evidence from Balochistan (Article)," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 62(2), pages 167-197.
    2. Manzoor Ahmed, 2023. "Political Economy of Elite Capture and Clientelism in Public Resource Distribution: Theory and Evidence from Balochistan, Pakistan," India Quarterly: A Journal of International Affairs, , vol. 79(2), pages 223-243, June.

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    More about this item

    Keywords

    International Development;

    JEL classification:

    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption

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