THE NATURE OF MODERN INSTITUTIONAL CORRUPTION

Authors

DOI:

https://doi.org/10.26565/2524-2547-2016-52-08

Keywords:

corruption, inclusive economic institutions extractive economic institutions, economic rent, oligarchy political power, bureaucracy, shadow economy, shadow government, parastate, bribe

Abstract

The article deal with the theoretical grounds of the phenomenon of corruption, the essence of the concept of socio-economic nature of modern corruption, describes the main forms of corruption in a market economy, analyzes the most corrupt institutions. This article considers the phenomenon of rent-seeking behavior and the phenomenon of education parastate.

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Published

2017-03-24

Issue

Vol. 52 No. 2 (2016): Social Economics

Section

DEVELOPMENT PROCESSES OF SOCIAL ECONOMICS

How to Cite

THE NATURE OF MODERN INSTITUTIONAL CORRUPTION. (2017). Social Economics, 52(2), 54-60. https://doi.org/10.26565/2524-2547-2016-52-08