Minimizing Public Sector Corruption: The Economics of Crime,Identity Economics,and Money Laundering |
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Authors: | L Armey F Melese |
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Institution: | 1. Defense Resources Management Institute (DRMI), Graduate School of Business &2. Public Policy, Naval Postgraduate School, Monterey, CA, USALarmey@nps.edu;4. Public Policy, Naval Postgraduate School, Monterey, CA, USA |
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Abstract: | AbstractThis paper offers a simple strategic framework to help governments identify various policy mechanisms to minimize public sector corruption. The paper offers a formal model that blends the economics of crime with identity economics and money laundering. It presents a partial equilibrium framework that focuses on a representative public official engaged in a mix of legal and illegal effort. The model introduces various levers a government might use to impact the costs and benefits of illegal effort. The ultimate goal is to help turn volatile vicious cycles of political instability, into steady virtuous cycles of stability, growth, and sustainable development. |
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Keywords: | Corruption identity economics transperancy and accountability crime building integrity |
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