DP8082 What Anti-Corruption Policy Can Learn from Theories of Sector Regulation
|Author(s):||Antonio Estache, Liam Wren-Lewis|
|Publication Date:||October 2010|
|Keyword(s):||corruption, infrastructure, regulation|
|JEL(s):||D73, D82, L5, L9|
|Programme Areas:||Public Economics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=8082|
This paper reviews the theories of corruption in regulated sectors to further understand the impact of corruption and the ways in which it can be reduced. The aim is to draw out the policy implications of the different theoretical approaches and to examine the support that can be garnered for such policies from empirical evidence and practice. We then attempt to draw out some of the broader lessons that can be learnt for anti-corruption policy in general.