Public Governance and Political Corruption: A Framework for Anticorruption Policy

Glória Texeira and Ary Ferreira da Cunha ()
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Glória Texeira: Faculty of Law, University of Porto, Centre for Legal and Economic Research
Ary Ferreira da Cunha: Faculty of Law, University of Porto, Centre for Legal and Economic Research, Observatory of Economy and Management of Fraud

OBEGEF Working Papers from OBEGEF - Observatório de Economia e Gestão de Fraude, OBEGEF Working Papers on Fraud and Corruption

Abstract: In this paper we propose a framework of policies against political corruption. Though we have frameworks explaining the causes of corruption – mainly based on agency theory – and though many authors have considered the role of good governance in fighting corruption or the effectiveness of different anticorruption policies, we see that these branches of literature have yet not entered in dialogue to construct a framework for curbing political corruption. The framework is based on the contributions of agency theory to the field of corruption over the past decades. After all, if discretion, information asymmetries and non-coincidence of interests are the elements of agency contributing to corruption they must also be the fundamentals targeted by anticorruption policies. Based on an extensive literature survey we gather a large array of good governance policies shown to be effective against political corruption and consider how they fit in the framework. This framework may help decision makers, policy advisors, and civil society stakeholders understand and visualize their options, contributing to the construction of more comprehensive strategies.

Keywords: Anticorruption Policy; Public Governance; Political Corruption (search for similar items in EconPapers)
JEL-codes: K42 O29 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2015-02
New Economics Papers: this item is included in nep-cdm, nep-law and nep-pol
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