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The Economics of Corruption and Bureaucratic Inefficiency in Weak States

PAPERBACK
Category: Politics
Synopsis
This monograph surveys recent developments in the political economy literature addressing the incentive problems of political decision making, and helps to understand the causes of corruption and bureaucratic inefficiency in countries that lack a constitutional order. Using a principal-agent theoretical framework, the author shows how corruption and patronage may reduce political instability, thus enabling governments in weak states to provide public goods which would otherwise be missing, even though such an institutional arrangement is usually self-defeating in the long run. The theoretical results are used to offer a stylized interpretation of the political history of the Mexican state.
€42.00
126 Reward Points
Currently out of stock
Delivery 5-7 Days
Eligible for free delivery

Any purchases for more than €10 are eligible for free delivery anywhere in the UK or Ireland!

Synopsis
This monograph surveys recent developments in the political economy literature addressing the incentive problems of political decision making, and helps to understand the causes of corruption and bureaucratic inefficiency in countries that lack a constitutional order. Using a principal-agent theoretical framework, the author shows how corruption and patronage may reduce political instability, thus enabling governments in weak states to provide public goods which would otherwise be missing, even though such an institutional arrangement is usually self-defeating in the long run. The theoretical results are used to offer a stylized interpretation of the political history of the Mexican state.
€42.00
126 Reward Points
Currently out of stock
Delivery 5-7 Days
Eligible for free delivery

Any purchases for more than €10 are eligible for free delivery anywhere in the UK or Ireland!


Product Details

ISBN - 9783631511367
Format - PAPERBACK
Publisher -
Published - 06/05/2003
Categories - All, Books, History and Politics, Politics Philosophy, Politics
No. of Pages - 134
Weight - 190
Edition -
Series - - Not Available
Page Size - 0
Language - en-US
Readership Age - Not Available
Table of Contents - Not Available

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