Corruption Control in Authoritarian Regimes
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"Corruption - commonly defined as the misuse of public office for private gain - constitutes a serious, even existential challenge for many governments around the world. When officials and bureaucrats embezzle public funds or take bribes in exchange for favors, governance is weakened and everything from public goods provision to infrastructure projects to military readiness may be impacted. Corruption undermines economies in numerous ways, including by creating resource misallocation, raising transaction costs among economic actors, and disincentivizing public and private investments. Although...
"Corruption - commonly defined as the misuse of public office for private gain - constitutes a serious, even existential challenge for many governments around the world. When officials and bureaucrats embezzle public funds or take bribes in exchange for favors, governance is weakened and everything from public goods provision to infrastructure projects to military readiness may be impacted. Corruption undermines economies in numerous ways, including by creating resource misallocation, raising transaction costs among economic actors, and disincentivizing public and private investments. Although corruption can sometimes help cut through regulations and "grease the wheels" of economic development, the consensus in corruption studies remains that in the long-run it is nearly always detrimental to growth. In part because of its negative effects on government and the economy, but also because of its inherent unjustness, corruption is a major cause of public discontent and unrest"--
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