The Persistence of Corruption and Regulatory Compliance Failures: Theory and Evidence
This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in certain regimes. We identify circumstances under which a firm seeks to evade regulations by (1) bribing of local inspectors, and (2) lobbying high-level government politicians to res...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2003
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Schriftenreihe: | IMF Working Papers
Working Paper No. 03/172 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in certain regimes. We identify circumstances under which a firm seeks to evade regulations by (1) bribing of local inspectors, and (2) lobbying high-level government politicians to resist legal reforms designed to improve judicial efficiency and eliminate corruption. The analysis predicts that in politically unstable regimes, the institutions necessary to monitor and enforce compliance are weak. In such countries, corruption is more pervasive and the compliance with regulations is low. The empirical results support the predictions of the model |
Beschreibung: | 1 Online-Ressource (33 p) |
ISBN: | 1451858590 9781451858594 |
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spelling | Fredriksson, Per G. Verfasser aut The Persistence of Corruption and Regulatory Compliance Failures Theory and Evidence Fredriksson, Per G Washington, D.C International Monetary Fund 2003 1 Online-Ressource (33 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 03/172 This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in certain regimes. We identify circumstances under which a firm seeks to evade regulations by (1) bribing of local inspectors, and (2) lobbying high-level government politicians to resist legal reforms designed to improve judicial efficiency and eliminate corruption. The analysis predicts that in politically unstable regimes, the institutions necessary to monitor and enforce compliance are weak. In such countries, corruption is more pervasive and the compliance with regulations is low. The empirical results support the predictions of the model Online-Ausg Damania, Richard Sonstige oth Mani, Muthukumara Sonstige oth http://elibrary.imf.org/view/IMF001/07220-9781451858594/07220-9781451858594/07220-9781451858594.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Fredriksson, Per G. The Persistence of Corruption and Regulatory Compliance Failures Theory and Evidence |
title | The Persistence of Corruption and Regulatory Compliance Failures Theory and Evidence |
title_auth | The Persistence of Corruption and Regulatory Compliance Failures Theory and Evidence |
title_exact_search | The Persistence of Corruption and Regulatory Compliance Failures Theory and Evidence |
title_exact_search_txtP | The Persistence of Corruption and Regulatory Compliance Failures Theory and Evidence |
title_full | The Persistence of Corruption and Regulatory Compliance Failures Theory and Evidence Fredriksson, Per G |
title_fullStr | The Persistence of Corruption and Regulatory Compliance Failures Theory and Evidence Fredriksson, Per G |
title_full_unstemmed | The Persistence of Corruption and Regulatory Compliance Failures Theory and Evidence Fredriksson, Per G |
title_short | The Persistence of Corruption and Regulatory Compliance Failures |
title_sort | the persistence of corruption and regulatory compliance failures theory and evidence |
title_sub | Theory and Evidence |
url | http://elibrary.imf.org/view/IMF001/07220-9781451858594/07220-9781451858594/07220-9781451858594.xml |
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