Series: IMF Working Papers
Author(s): Per Fredriksson , Muthukumara Mani , and Richard Damania
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2003
Keywords: rule of law, lobbying, political instability, bureaucracy, judicial efficiency, political stability, political economy, common law, judicial system, Models of Political Processes: Rent-seeking
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)...