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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Fredriksson, Per
Weitere Verfasser: Damania, Richard, Mani, Muthukumara
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2003.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2003/172
Online Zugang:Full text available on IMF