The Economics of Corruption (Oxford in India Readings)

This book consists of 15 readings on various aspects of corruption. Various sections cover the concepts, history and evolution, the causes for its existence and persistence, its consequences and finally combating corruption. The book deals primarily with the economic aspects of corruption, though political, social, and historical facets are touched upon wherever possible. Starting with Kautilya s Arthashastra to provide a historical flavour of corruption, the volume covers both individual behaviour and that of groups, classes and sub-cultures. While discussing the consequences of corruption on economic development, several readings focus specifically on India discussing aspects such as fiscal problems and informal black markets. Measures to combat corruption are also discussed by focusing on the incentives and institutional structures that are major factors in corruption. A Major Theme In The Study Of Corruption Is The Moral Status Of Corruption Or Bribery. The Readings In This Collection Reflect, For The First Time, The Role Of Incentives As Well As Governance Structures At Various Levels - Individuals, Groups, Classes, And Sub-cultures. The Major Issues Covered Include Collusion, Misgovernance, Corruptible Law Enforcers, Bribe-seeking Bureaucracy, Electoral Competition, And Special Interest Politics. In An Introduction Mishra Discusses A Broad Spectrum Of Sociocultural Indicators That Have An Impact On The Level Of Corruption.--jacket. Corruption : An Overview / Ajit Mishra -- Corruption, Its Causes And Effects / Gunnar Myrdal -- Hierarchies And Bureaucracies : On The Role Of Collusion In Organizations / Jean Tirole -- A Theory Of Misgovernance / Abhijit V. Banerjee -- Pervasive Shortages Under Socialism / Andrei Shleifer And Robert Vishny -- Corruption And Growth / Paulo Mauro -- Corruptible Law Enforcers : How Should They Be Compensated / Dilip Mookherjee And I.p.l. Png -- Notes On Bribery And The Control Of Corruption / Kaushik Basu, Sudipto Bhattacharya, And Ajit Mishra -- The Choice Between Market Failures And Corruption / Daron Acemoglu And Thierry Verdier -- Rents, Competition, And Corruption / Alberto Ades And Rafael Di Tella -- Electoral Competition And Special Interest Politics. Edited By Ajit Mishra. Includes Bibliographical References And Indexes. This book consists of 15 readings on various aspects of corruption. Various sections cover its concepts, history and evolution; the causes for its existence and persistence; its consequences; and finally ways in which it can be combatted. The book deals primarily with the economic aspects of corruption, though political, social, and historical facets are touched upon wherever possible. Starting with Kautilya s Arthashastra to provide a historical flavor of corruption, the volume covers both individual behaviour and that of groups, classes and sub-cultures. While discussing the consequences of corruption on economic development, several readings focus specifically on India discussing aspects such as fiscal problems and informal black markets. Measures to combat corruption are also discussed by focusing on the incentives and institutional structures that are major factors in corruption. Corruption : an overview / Ajit Mishra Corruption, its causes and effects / Gunnar Myrdal Hierarchies and bureaucracies : on the role of collusion in organizations / Jean Tirole A theory of misgovernance / Abhijit V. Banerjee Pervasive shortages under socialism / Andrei Shleifer and Robert Vishny Corruption and growth / Paulo Mauro Corruptible law enforcers : how should they be compensated / Dilip Mookherjee and I. P. L. PNG Notes on bribery and the control of corruption / Kaushik Basu, Sudipto Bhattacharya, and Ajit Mishra The choice between market failures and corruption / Daron Acemoglu and Thierry Verdier Rents, competition, and corruption / Alberto Ades and Rafael di Tella Electoral competition and special interest politics. This book deals primarily with the economic aspects of corruption, though political, social and historical facets are touched upon wherever possible. Starting with Kautilya's Arthashastra to provide a historical background of corruption, the book covers individual behaviour and that of groups, classes and sub-cultures