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The Persistence of Corruption and Regulatory Compliance Failures
			: Theory and Evidence

The Persistence of Corruption and Regulatory Compliance Failures : Theory and Evidence »

Volume/Issue: 2003/172

Series: IMF Working Papers

Author(s): Per Fredriksson , Muthukumara Mani , and Richard Damania

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2003

DOI: http://dx.doi.org/10.5089/9781451858594.001

ISBN: 9781451858594

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)...