Authors
Laura Armey, Francois Melese
Publication date
2018/11/10
Journal
Defence and Peace Economics
Volume
29
Issue
7
Pages
840-852
Publisher
Routledge
Description
This paper offers a simple strategic framework to help governments identify various policy mechanisms to minimize public sector corruption. The paper offers a formal model that blends the economics of crime 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.
Total citations
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