Article

 

Patterns of Corruption (p.11-31)

by

Economakis George, University of Patras

Rizopoulos Yorgos, Université of Picardy

Sergakis Dimitrios, Université of Picardy

Keywords : Corruption patterns, Institutional determinants, Public/private interactions

JEL classification : B52, D73, O17

Abstract

The ambiguities that characterize the economic significance and impact of corruption make it necessary to develop a coherent and more satisfactory analytical framework. We argue that the institutional structure that governs the interactions between players and, more particularly, public and private actors is a decisive factor of corrupt practices and largely influences the nature of corruption. On this basis, we propose a taxonomy of the different corruption patterns as a function of two institutional parameters, namely the structural features of the interest intermediation systems and the degree of institutional stability.