Description: Measuring Corruption : Myths and Realities

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Measuring Corruption : Myths and Realities

The report points out that over the past decade measuring corruption has become an ever-growing empirical field. This empirical analysis questions the traditional notion of viewing the firm as an 'investment climate taker' and thus ignori...

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Bibliographic Details
Main Authors:	Kaufmann, Daniel, Kraay, Aart, Mastruzzi, Massimo
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTABILITY AGGREGATE GOVERNANCE INDICATORS AGGREGATE INDICATORS ANTI-CORRUPTION ANTICORRUPTION ANTICORRUPTION COMMISSION BRIBES BUDGET TRANSPARENCY BUSINESS CLIMATE BUSINESS ENVIRONMENT CITIZENS CIVIL SOCIETY CODES OF CONDUCT COMMERCIAL RISK RATING AGENCIES COMPETITIVE BIDDING CORPORATE ETHICS CORRUPT OFFICIALS CORRUPT PRACTICES CORRUPTION INDICATOR COUNTRY COVERAGE DEMOCRACY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ENTERPRISE SURVEYS FIGHTING CORRUPTION FINANCIAL AUDITS FINANCIAL MANAGEMENT GOVERNANCE DATA GOVERNMENT OFFICIALS GROWTH PERFORMANCE HOUSEHOLD SURVEYS INCOME INSTITUTIONAL QUALITY INTEGRITY INVESTMENT CLIMATE INVESTMENT RATES JUDICIARY LAWS LEARNING MALFEASANCE MEASUREMENT ERROR MEASUREMENT PROBLEMS MEASURING CORRUPTION MEASURING GOVERNANCE NATIONS PER CAPITA INCOMES POVERTY REDUCTION PRIORITIES PROCUREMENT BRIBERY PROGRAMS PUBLIC EXPENDITURE PUBLIC OFFICIALS PUBLIC PROCUREMENT PUBLIC PROCUREMENT CONTRACTS PUBLIC SECTOR RULE OF LAW SOCIAL NORMS SUBJECTIVE DATA TAX EVASION
Online Access:	http://documents.worldbank.org/curated/en/2007/04/7563031/measuring-corruption-myths-realities http://hdl.handle.net/10986/9576

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Summary:	The report points out that over the past decade measuring corruption has become an ever-growing empirical field. This empirical analysis questions the traditional notion of viewing the firm as an 'investment climate taker' and thus ignoring the view that powerful conglomerates can also shape the business climate and thus become 'investment climate makers'. The study implies that it is warranted to move away from simply blaming government officials for prevailing corruption, and to question the value of popular initiatives such as voluntary-and often un-monitorable-codes of conduct. In this report, some popular notions are espoused, which either lack clarity or are not backed up by rigorous analysis or evidence. In this article the authors highlight some of the main issues in these debates, in the form of seven myths and their associated realities, and conclude by also pointing to some brief implications for the private sector role in fighting corruption.