Work

Corruption in Developing Countries

Year: 2012

Type: review

Abstract: Recent years have seen a remarkable expansion in economists' ability to measure corruption. This in turn has led to a new generation of well-identified, microeconomic studies. We review the evidence on corruption in developing countries in light of these recent advances, focusing on three questions: how much corruption is there, what are the efficiency consequences of corruption, and what determines the level of corruption? We find robust evidence that corruption responds to standard economic incentive theory but also that the effects of anticorruption policies often attenuate as officials find alternate strategies to pursue rents.

Source: Annual Review of Economics

DOI: 10.1146/annurev-economics-080511-110917

Authors: Benjamin A. Olken, Rohini Pande

Institutions: Massachusetts Institute of Technology, Harvard University

Language: English

Topic: Corruption and Economic Development

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: green

Funder: William and Flora Hewlett Foundation