Minimizing Public Sector Corruption: The Economics of Crime, Identity Economics, and Money Laundering
Abstract
This paper offers a simple strategic framework to help governments use various policy mechanisms to minimize public sector corruption. The paper offers a formal model that blends economics of crime models with identity economics and money laundering. It presents a partial equilibrium framework that focuses on a representative public official engaged in a mix of legal and illegal effort. The model introduces various levers a government might use to impact the costs and benefits of illegal effort. The ultimate goal is to help turn volatile vicious cycles of political instability, into steady virtuous cycles of stability, growth and sustainable development.
Description
This version includes corrections, republished in the article of record: http://dx.doi.org/10.1080/10242694.2017.1318013
The article of record may be found at http://dx.doi.org/10.1080/10242694.2017.1318013
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.Collections
Related items
Showing items related by title, author, creator and subject.
-
The Theory of Entrepreneurial Policy Alignment: A Newer Institutional Economics
Yoho, Keenan; Simmon, Solon J. (2012);The emergence of supply chain as a growing area of research has generated a renewed interest in theory and theory-making within the field of operations management. This interest is the result of the parallel advances in ... -
A Re-appreciation of Charlie Hitch and his Contributions to Economics, Security, and the Management of Organizations
Augier, Mie; Marshall, Andrew W. (Routledge Taylor & Francis Group, 2018-02-11);This paper discusses central ideas in the work of Charles Hitch. He is known for his pioneering contributions to defense economics and ‘systems analysis’ and for his introducing program budgeting in McNamara’s Pentagon. ... -
The Role of the Military in Reconstruction: Examining Expeditionary Economics and Provisional Reconstruction Teams
Amara, Jomana (2012);A new term has entered the economic reconstruction lexicon: “expeditionary economics.” While there is some disagreement over the exact meaning of the term and the objectives of the concept, a consensus definition could ...