1.

Record Nr.

UNINA9910973350703321

Autore

Paul Elisabeth

Titolo

What Transparency Can Do When Incentives Fail : : An Analysis of Rent Capture / / Elisabeth Paul, Era Dabla-Norris

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

9786613821782

9781462397228

1462397220

9781451993394

1451993390

9781282474253

1282474251

9781452702414

1452702411

Edizione

[1st ed.]

Descrizione fisica

1 online resource (35 p.)

Collana

IMF Working Papers

Altri autori (Persone)

Dabla-NorrisEra

Soggetti

Corruption - Developing countries - Prevention - Econometric models

Rent (Economic theory) - Econometric models

Transparency (Ethics) in government - Econometric models

Administrative Processes in Public Organizations

Aggregate Human Capital

Aggregate Labor Productivity

Bureaucracy

Civil service & public sector

Civil service

Corporate crime

Corruption

Criminology

Demographic Economics: General

Demography

Employment

Income economics

Intergenerational Income Distribution

Labor

Labour

Population & demography

Population and demographics

Population



Public finance & taxation

Tax incentives

Taxation

Taxation, Subsidies, and Revenue: General

Unemployment

Wages

Wages, Compensation, and Labor Costs: General

White-collar crime

Bolivia

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"June 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. A STYLIZED MODEL""; ""III. RESULTS AND IMPLICATIONS""; ""IV. THE ROLE OF TRANSPARENCY""; ""V. CONCLUSIONS""; ""REFERENCES""

Sommario/riassunto

This paper analyzes the pervasiveness and persistence of rent seeking, misgovernance, and public sector inefficiency in many developing and transition economies. We formalize evidence from country experiences and empirical studies into a stylized analytical framework that reflects realistic constraints faced in these countries. Our work departs from the standard economic literature by assuming that (i) the relationship between the government and its population is regulated through an implicit social consensus; (ii) traditional incentives (in the form of public expenditure controls, sanctions, or monetary incentives to perform) are, for various reasons, ineffective in many of these countries; and (iii) the persistence of high corruption reflects a very stable equilibrium, which in turn reflects the fact that several constraints are simultaneously binding. We argue that, when traditional incentives fail, transparency-information provision and disclosure, together with the means to use it-by relaxing different constraints, can contribute to improving public outcomes.