Removing Impediments to Sustainable Economic Development : The Case of Corruption
This paper examines causes and consequences of corruption within the process of economic development. It starts by reviewing some of the factors that, over the past couple of decades, have transformed corruption from a subject on the sidelines of e...
| Main Author: | |
|---|---|
| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/11/18517448/removing-impediments-sustainable-economic-development-case-corruption http://hdl.handle.net/10986/16909 |
| id |
okr-10986-16909 |
|---|---|
| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABUSE ACCESS TO EDUCATION ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE CAPACITY ADULT ILLITERACY ANTI-BRIBERY ANTI-CORRUPTION ANTICORRUPTION ANTICORRUPTION STRATEGIES ARREARS ASSET OWNERSHIP ASSETS AUDITORS AWARENESS OF CORRUPTION BAIL BALANCE OF PAYMENTS BALANCE SHEETS BANK ACCOUNTS BANK LOAN BANK LOAN OFFICERS BANKING SECTOR BANKING SYSTEM BANKS BARRIER TO ENTRY BIDDING BRIBE BRIBERY BRIBERY CONVENTION BRIBERY LEGISLATION BRIBERY SCANDAL BRIBES BRIBING BUDGET DEFICIT BUREAUCRATIC OBSTACLES BUREAUCRATIC RED TAPE BUSINESS ACTIVITIES BUSINESS COMMUNITY BUSINESSMEN CAMPAIGN CONTRIBUTIONS CIVIL SERVANTS CIVIL SOCIETY COLLAPSE COLLECTION EFFORTS COLLUSION CONCESSION CONCESSIONS CONFIDENCE CONFLICT OF INTEREST CONSUMER PROTECTION CORRUPT CORRUPT OFFICIALS CORRUPTION CORRUPTION CHARGES CORRUPTION PERCEPTION CORRUPTION PERCEPTION INDEX CORRUPTION PERCEPTIONS CORRUPTION PERCEPTIONS INDEX COURT DECISIONS CPI CREDIBILITY CREDIT GROWTH CREDITORS CRIME CRIMINAL CRIMINAL LAW CRIMINALS CRONIES DEBT DEDUCTIBLE DEMOCRACY DEPOSITORS DEVELOPMENT OF ENTREPRENEURSHIP DIRECTED CREDITS DISBURSEMENTS DISCLOSURE REQUIREMENTS DISCRETION DISCRIMINATION DISINVESTMENT DISSOLUTION ECONOMIC ACTIVITY ECONOMIC AGENTS ECONOMIC DECISIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC PROBLEM ECONOMIC REFORMS EMPLOYEE ENFORCEABLE PROPERTY RIGHTS ENFORCEMENT AGENCIES ENTREPRENEURIAL CAPACITIES ENTREPRENEURS EXCHANGE RATE EXCHANGE RATES EXCISE TAXES EXPENDITURE EXPENDITURES EXTERNAL CREDITS EXTORTION EXTREME POVERTY FACILITATION FARMERS FIGHT AGAINST CORRUPTION FINANCIAL BURDEN FINANCIAL COSTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL SECTOR REFORM FINANCIAL SITUATION FOREIGN CORRUPT PRACTICES FOREIGN CORRUPT PRACTICES ACT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FIRM FOREIGN INVESTORS FREE MARKET FREEDOM OF INFORMATION FREEDOM OF INFORMATION LAWS FREEDOM OF THE PRESS GLOBAL ECONOMY GLOBALIZATION GOOD GOVERNANCE GOVERNMENT CORRUPTION GOVERNMENT DEFICIT GOVERNMENT INVOLVEMENT GOVERNMENT OFFICIAL GOVERNMENT OFFICIALS GOVERNMENT POLICIES GOVERNMENT REGULATION GOVERNMENT REVENUE HOMICIDE HONEST GOVERNMENT HOST COUNTRIES HOUSEHOLDS ILL-GOTTEN WEALTH IMPLICIT CONTRACT IMPORT DUTIES INCOME GROUPS INEQUALITY INFLATION INFORMATION DISCLOSURE INITIATIVE INSECURE PROPERTY INTEGRITY INTERESTED PARTIES INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL TRADE INVESTING INVESTMENT CLIMATE JAIL JOB CREATION JUDGES JUSTICE KLEPTOCRACY LAW ENFORCEMENT LEGAL FRAMEWORK LEGAL SYSTEM LOAN LOAN DOCUMENTATION LOBBYING MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MACROECONOMIC STABILIZATION MALFEASANCE MANDATE MARKET ECONOMY MEMBERS OF THE MILITARY MINISTER MINISTERS MISAPPROPRIATION MONETARY FUND MONETARY POLICIES MONEY LAUNDERING MONOPOLIES MONOPOLY MULTINATIONALS NEPOTISM NEW BUSINESS NEW BUSINESSES OFFENSE OFFICIAL CORRUPTION OIL PRICES PAYOFF PAYOFFS PENALTIES PENSION FUNDS PERSONAL GAIN POLICE POLICE OFFICERS POLITICAL STABILITY POLITICIANS PREFERENTIAL PRIVATE GAIN PRIVATE GAINS PRIVATE PARTIES PRIVATIZATION PROCUREMENT PROPERTY MARKET PROPERTY RIGHTS PROVISION OF LOANS PUBLIC DEBT PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC OFFICIAL PUBLIC OFFICIALS PUBLIC POLICY PUNISHMENT RATES OF INTEREST RED TAPE REPRESSION RULE OF LAW SALE PROCEEDS SCANDAL SCANDALS SETTLEMENT SOCIAL SECURITY TAX TAX BURDEN TAX EXEMPTION TAX EXEMPTIONS TAX LIABILITIES TAX REVENUE TAX-EXEMPT TERRORISM THEFT THIEVERY TRANSITION ECONOMIES TRANSPARENCY UNEMPLOYMENT UNEQUAL ACCESS UNION VALUE OF ASSETS VIOLENCE WAGES WHITE ELEPHANTS |
| spellingShingle |
ABUSE ACCESS TO EDUCATION ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE CAPACITY ADULT ILLITERACY ANTI-BRIBERY ANTI-CORRUPTION ANTICORRUPTION ANTICORRUPTION STRATEGIES ARREARS ASSET OWNERSHIP ASSETS AUDITORS AWARENESS OF CORRUPTION BAIL BALANCE OF PAYMENTS BALANCE SHEETS BANK ACCOUNTS BANK LOAN BANK LOAN OFFICERS BANKING SECTOR BANKING SYSTEM BANKS BARRIER TO ENTRY BIDDING BRIBE BRIBERY BRIBERY CONVENTION BRIBERY LEGISLATION BRIBERY SCANDAL BRIBES BRIBING BUDGET DEFICIT BUREAUCRATIC OBSTACLES BUREAUCRATIC RED TAPE BUSINESS ACTIVITIES BUSINESS COMMUNITY BUSINESSMEN CAMPAIGN CONTRIBUTIONS CIVIL SERVANTS CIVIL SOCIETY COLLAPSE COLLECTION EFFORTS COLLUSION CONCESSION CONCESSIONS CONFIDENCE CONFLICT OF INTEREST CONSUMER PROTECTION CORRUPT CORRUPT OFFICIALS CORRUPTION CORRUPTION CHARGES CORRUPTION PERCEPTION CORRUPTION PERCEPTION INDEX CORRUPTION PERCEPTIONS CORRUPTION PERCEPTIONS INDEX COURT DECISIONS CPI CREDIBILITY CREDIT GROWTH CREDITORS CRIME CRIMINAL CRIMINAL LAW CRIMINALS CRONIES DEBT DEDUCTIBLE DEMOCRACY DEPOSITORS DEVELOPMENT OF ENTREPRENEURSHIP DIRECTED CREDITS DISBURSEMENTS DISCLOSURE REQUIREMENTS DISCRETION DISCRIMINATION DISINVESTMENT DISSOLUTION ECONOMIC ACTIVITY ECONOMIC AGENTS ECONOMIC DECISIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC PROBLEM ECONOMIC REFORMS EMPLOYEE ENFORCEABLE PROPERTY RIGHTS ENFORCEMENT AGENCIES ENTREPRENEURIAL CAPACITIES ENTREPRENEURS EXCHANGE RATE EXCHANGE RATES EXCISE TAXES EXPENDITURE EXPENDITURES EXTERNAL CREDITS EXTORTION EXTREME POVERTY FACILITATION FARMERS FIGHT AGAINST CORRUPTION FINANCIAL BURDEN FINANCIAL COSTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL SECTOR REFORM FINANCIAL SITUATION FOREIGN CORRUPT PRACTICES FOREIGN CORRUPT PRACTICES ACT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FIRM FOREIGN INVESTORS FREE MARKET FREEDOM OF INFORMATION FREEDOM OF INFORMATION LAWS FREEDOM OF THE PRESS GLOBAL ECONOMY GLOBALIZATION GOOD GOVERNANCE GOVERNMENT CORRUPTION GOVERNMENT DEFICIT GOVERNMENT INVOLVEMENT GOVERNMENT OFFICIAL GOVERNMENT OFFICIALS GOVERNMENT POLICIES GOVERNMENT REGULATION GOVERNMENT REVENUE HOMICIDE HONEST GOVERNMENT HOST COUNTRIES HOUSEHOLDS ILL-GOTTEN WEALTH IMPLICIT CONTRACT IMPORT DUTIES INCOME GROUPS INEQUALITY INFLATION INFORMATION DISCLOSURE INITIATIVE INSECURE PROPERTY INTEGRITY INTERESTED PARTIES INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL TRADE INVESTING INVESTMENT CLIMATE JAIL JOB CREATION JUDGES JUSTICE KLEPTOCRACY LAW ENFORCEMENT LEGAL FRAMEWORK LEGAL SYSTEM LOAN LOAN DOCUMENTATION LOBBYING MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MACROECONOMIC STABILIZATION MALFEASANCE MANDATE MARKET ECONOMY MEMBERS OF THE MILITARY MINISTER MINISTERS MISAPPROPRIATION MONETARY FUND MONETARY POLICIES MONEY LAUNDERING MONOPOLIES MONOPOLY MULTINATIONALS NEPOTISM NEW BUSINESS NEW BUSINESSES OFFENSE OFFICIAL CORRUPTION OIL PRICES PAYOFF PAYOFFS PENALTIES PENSION FUNDS PERSONAL GAIN POLICE POLICE OFFICERS POLITICAL STABILITY POLITICIANS PREFERENTIAL PRIVATE GAIN PRIVATE GAINS PRIVATE PARTIES PRIVATIZATION PROCUREMENT PROPERTY MARKET PROPERTY RIGHTS PROVISION OF LOANS PUBLIC DEBT PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC OFFICIAL PUBLIC OFFICIALS PUBLIC POLICY PUNISHMENT RATES OF INTEREST RED TAPE REPRESSION RULE OF LAW SALE PROCEEDS SCANDAL SCANDALS SETTLEMENT SOCIAL SECURITY TAX TAX BURDEN TAX EXEMPTION TAX EXEMPTIONS TAX LIABILITIES TAX REVENUE TAX-EXEMPT TERRORISM THEFT THIEVERY TRANSITION ECONOMIES TRANSPARENCY UNEMPLOYMENT UNEQUAL ACCESS UNION VALUE OF ASSETS VIOLENCE WAGES WHITE ELEPHANTS López Claros, Augusto Removing Impediments to Sustainable Economic Development : The Case of Corruption |
| relation |
Policy Research Working Paper;No. 6704 |
| description |
This paper examines causes and
consequences of corruption within the process of economic
development. It starts by reviewing some of the factors
that, over the past couple of decades, have transformed
corruption from a subject on the sidelines of economic
research to a central preoccupation of policy makers and
donors in many countries. Drawing on a vast treasure trove
of experiences and insights accumulated during the postwar
period and reflected in a growing body of academic research,
the paper analyzes many of the institutional mechanisms that
sustain corruption and the impact of corruption on
development. This paper argues that many forms of corruption
stem from the distributional attributes of the state in its
role as the economy's central agent of resource
allocation. What is the impact of corruption on public
finances and on the characteristics and performance of the
private sector? What distortions does corruption introduce
in the allocation of resources and in the relationships
among economic agents in the marketplace? The paper also
addresses the question of what can be done about corruption
and discusses the role of economic policies in developing
the right sorts of incentives and institutions to reduce the
incidence of corruption. Particular attention is paid to
business regulation, subsidies, the budget process,
international conventions, and the role of new technologies.
The paper concludes with some thoughts on the moral
dimensions of corruption. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
López Claros, Augusto |
| author_facet |
López Claros, Augusto |
| author_sort |
López Claros, Augusto |
| title |
Removing Impediments to Sustainable Economic Development : The Case of Corruption |
| title_short |
Removing Impediments to Sustainable Economic Development : The Case of Corruption |
| title_full |
Removing Impediments to Sustainable Economic Development : The Case of Corruption |
| title_fullStr |
Removing Impediments to Sustainable Economic Development : The Case of Corruption |
| title_full_unstemmed |
Removing Impediments to Sustainable Economic Development : The Case of Corruption |
| title_sort |
removing impediments to sustainable economic development : the case of corruption |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/11/18517448/removing-impediments-sustainable-economic-development-case-corruption http://hdl.handle.net/10986/16909 |
| _version_ |
1764434859594350592 |
| spelling |
okr-10986-169092021-04-23T14:03:33Z Removing Impediments to Sustainable Economic Development : The Case of Corruption López Claros, Augusto ABUSE ACCESS TO EDUCATION ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE CAPACITY ADULT ILLITERACY ANTI-BRIBERY ANTI-CORRUPTION ANTICORRUPTION ANTICORRUPTION STRATEGIES ARREARS ASSET OWNERSHIP ASSETS AUDITORS AWARENESS OF CORRUPTION BAIL BALANCE OF PAYMENTS BALANCE SHEETS BANK ACCOUNTS BANK LOAN BANK LOAN OFFICERS BANKING SECTOR BANKING SYSTEM BANKS BARRIER TO ENTRY BIDDING BRIBE BRIBERY BRIBERY CONVENTION BRIBERY LEGISLATION BRIBERY SCANDAL BRIBES BRIBING BUDGET DEFICIT BUREAUCRATIC OBSTACLES BUREAUCRATIC RED TAPE BUSINESS ACTIVITIES BUSINESS COMMUNITY BUSINESSMEN CAMPAIGN CONTRIBUTIONS CIVIL SERVANTS CIVIL SOCIETY COLLAPSE COLLECTION EFFORTS COLLUSION CONCESSION CONCESSIONS CONFIDENCE CONFLICT OF INTEREST CONSUMER PROTECTION CORRUPT CORRUPT OFFICIALS CORRUPTION CORRUPTION CHARGES CORRUPTION PERCEPTION CORRUPTION PERCEPTION INDEX CORRUPTION PERCEPTIONS CORRUPTION PERCEPTIONS INDEX COURT DECISIONS CPI CREDIBILITY CREDIT GROWTH CREDITORS CRIME CRIMINAL CRIMINAL LAW CRIMINALS CRONIES DEBT DEDUCTIBLE DEMOCRACY DEPOSITORS DEVELOPMENT OF ENTREPRENEURSHIP DIRECTED CREDITS DISBURSEMENTS DISCLOSURE REQUIREMENTS DISCRETION DISCRIMINATION DISINVESTMENT DISSOLUTION ECONOMIC ACTIVITY ECONOMIC AGENTS ECONOMIC DECISIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC PROBLEM ECONOMIC REFORMS EMPLOYEE ENFORCEABLE PROPERTY RIGHTS ENFORCEMENT AGENCIES ENTREPRENEURIAL CAPACITIES ENTREPRENEURS EXCHANGE RATE EXCHANGE RATES EXCISE TAXES EXPENDITURE EXPENDITURES EXTERNAL CREDITS EXTORTION EXTREME POVERTY FACILITATION FARMERS FIGHT AGAINST CORRUPTION FINANCIAL BURDEN FINANCIAL COSTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL SECTOR REFORM FINANCIAL SITUATION FOREIGN CORRUPT PRACTICES FOREIGN CORRUPT PRACTICES ACT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FIRM FOREIGN INVESTORS FREE MARKET FREEDOM OF INFORMATION FREEDOM OF INFORMATION LAWS FREEDOM OF THE PRESS GLOBAL ECONOMY GLOBALIZATION GOOD GOVERNANCE GOVERNMENT CORRUPTION GOVERNMENT DEFICIT GOVERNMENT INVOLVEMENT GOVERNMENT OFFICIAL GOVERNMENT OFFICIALS GOVERNMENT POLICIES GOVERNMENT REGULATION GOVERNMENT REVENUE HOMICIDE HONEST GOVERNMENT HOST COUNTRIES HOUSEHOLDS ILL-GOTTEN WEALTH IMPLICIT CONTRACT IMPORT DUTIES INCOME GROUPS INEQUALITY INFLATION INFORMATION DISCLOSURE INITIATIVE INSECURE PROPERTY INTEGRITY INTERESTED PARTIES INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL TRADE INVESTING INVESTMENT CLIMATE JAIL JOB CREATION JUDGES JUSTICE KLEPTOCRACY LAW ENFORCEMENT LEGAL FRAMEWORK LEGAL SYSTEM LOAN LOAN DOCUMENTATION LOBBYING MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MACROECONOMIC STABILIZATION MALFEASANCE MANDATE MARKET ECONOMY MEMBERS OF THE MILITARY MINISTER MINISTERS MISAPPROPRIATION MONETARY FUND MONETARY POLICIES MONEY LAUNDERING MONOPOLIES MONOPOLY MULTINATIONALS NEPOTISM NEW BUSINESS NEW BUSINESSES OFFENSE OFFICIAL CORRUPTION OIL PRICES PAYOFF PAYOFFS PENALTIES PENSION FUNDS PERSONAL GAIN POLICE POLICE OFFICERS POLITICAL STABILITY POLITICIANS PREFERENTIAL PRIVATE GAIN PRIVATE GAINS PRIVATE PARTIES PRIVATIZATION PROCUREMENT PROPERTY MARKET PROPERTY RIGHTS PROVISION OF LOANS PUBLIC DEBT PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC OFFICIAL PUBLIC OFFICIALS PUBLIC POLICY PUNISHMENT RATES OF INTEREST RED TAPE REPRESSION RULE OF LAW SALE PROCEEDS SCANDAL SCANDALS SETTLEMENT SOCIAL SECURITY TAX TAX BURDEN TAX EXEMPTION TAX EXEMPTIONS TAX LIABILITIES TAX REVENUE TAX-EXEMPT TERRORISM THEFT THIEVERY TRANSITION ECONOMIES TRANSPARENCY UNEMPLOYMENT UNEQUAL ACCESS UNION VALUE OF ASSETS VIOLENCE WAGES WHITE ELEPHANTS This paper examines causes and consequences of corruption within the process of economic development. It starts by reviewing some of the factors that, over the past couple of decades, have transformed corruption from a subject on the sidelines of economic research to a central preoccupation of policy makers and donors in many countries. Drawing on a vast treasure trove of experiences and insights accumulated during the postwar period and reflected in a growing body of academic research, the paper analyzes many of the institutional mechanisms that sustain corruption and the impact of corruption on development. This paper argues that many forms of corruption stem from the distributional attributes of the state in its role as the economy's central agent of resource allocation. What is the impact of corruption on public finances and on the characteristics and performance of the private sector? What distortions does corruption introduce in the allocation of resources and in the relationships among economic agents in the marketplace? The paper also addresses the question of what can be done about corruption and discusses the role of economic policies in developing the right sorts of incentives and institutions to reduce the incidence of corruption. Particular attention is paid to business regulation, subsidies, the budget process, international conventions, and the role of new technologies. The paper concludes with some thoughts on the moral dimensions of corruption. 2014-02-05T13:33:36Z 2014-02-05T13:33:36Z 2013-11 http://documents.worldbank.org/curated/en/2013/11/18517448/removing-impediments-sustainable-economic-development-case-corruption http://hdl.handle.net/10986/16909 English en_US Policy Research Working Paper;No. 6704 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |