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This book suggests how high levels of corruption limit investment and growth can lead to ineffective government. Developing countries and those making a transition from socialism are particularly at risk, but corruption is a worldwide phenomenon. Corruption creates economic inefficiencies and inequities, but reforms are possible to reduce the material benefits from payoffs. Corruption is not just an economic problem, however; it is also intertwined with politics. Reform may require changes in both constitutional structures and the underlying relationship of the market and the state. Effective reform cannot occur unless both the international community and domestic political leaders support change. No single 'blueprint' is possible, but the primary goal should be to reduce the gains from paying and receiving bribes, not simply to remove 'bad apples'.

Public administration --- Public economics --- Political corruption --- Economic aspects --- Political corruption. --- Economic aspects. --- -364.1323 --- Boss rule --- Corruption (in politics) --- Graft in politics --- Malversation --- Political scandals --- Politics, Practical --- Corruption --- Misconduct in office --- Corrupt practices --- Business, Economy and Management --- Economics --- Political corruption - Economic aspects --- POLITICAL CORRUPTION --- BLANCHIMENT D'ARGENT / DE CAPITAUX --- COUT DU CRIME --- CORRUPTION --- ECONOMIE --- ECONOMIC ASPECTS --- CRIME

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Corruption... How can policymakers and practitioners better comprehend the many forms and shapes that this social pandemic takes? From the delivery of essential drugs, the reduction in teacher absenteeism, the containment of illegal logging, the construction of roads, the provision of water and electricity, the international trade in oil and gas, the conduct of public budgeting and procurement, and the management of public revenues, corruption shows its many faces. The Many Faces of Corruption attempts to bring greater clarity to the often murky manifestations of this virulent and debilitating

Corruption --- Economic development --- Moral and ethical aspects. --- Developing countries --- Economic policy --- Moral and ethical aspects --- -Developing Countries --- 364.1323 --- Development, Economic --- Economic growth --- Growth, Economic --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Corrupt practices --- Ethics --- -Moral and ethical aspects. --- Corruption. --- Developing countries -- Economic policy -- Moral and ethical aspects. --- Economic development -- Moral and ethical aspects. --- Business & Economics --- Economic Theory --- Moral and religious aspects --- Emerging nations --- Fourth World --- Global South --- LDC's --- Least developed countries --- Less developed countries --- Newly industrialized countries --- Newly industrializing countries --- NICs (Newly industrialized countries) --- Third World --- Underdeveloped areas --- Underdeveloped countries --- Economic development - Moral and ethical aspects. --- Developing countries - Economic policy - Moral and ethical aspects