EKONOMICKÝ POHĽAD NA ŠKODLIVOSŤ KORUPCIE A JEJ MOŽNÉ RIEŠENIA

• Authors: Beblavý Miroslav

Title variants

EN

Costs of corruption and potential remedies from an economic point of view

• Languages of publication: SK

Abstracts

EN

The article examines circumstances under which a corruption is harmful from an economic point of view and explores the potential instruments to decrease corruption. Even though acts of corruption are generally voluntary exchanges, they are usually not social optimal because of presence of the negative externalities. The conditions under which they would be socially optimal are extremely rare in a real life. The article identifies three anticorruption strategies: decreasing benefits of corruption, increasing costs of corruption and increasing probability of uncovering corruption. It focuses in particular on measure to equalize supply and demand or ones that decrease discretion.

Keywords

EN

CORRUPTION; EXTERNALITIES; INFORMAL ECONOMY

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2007
• Volume: 55
• Issue: 7
• Pages: 697-711
• Document type: ARTICLE

Contributors

author

Beblavý Miroslav

• M. Beblavy, Ekonomicky ustav SAV, Sancova 56, 811 05 Bratislava 1, Slovak Republik

Identifiers

CEJSH db identifier

07SKAAAA03356907