Institutional corruption: Some issues
Murali Patibandla
Journal of Economic Surveys, 2025, vol. 39, issue 4, 1677-1694
Abstract:
Institutional corruption can be defined as a corrupt act by a public or private agent that is justifiable legally. This arises out of the degree of discretion of the constitutional framework, missing institutions, laws, and regulations. The ability of powerful agents to influence the making and implementation of laws and regulations is the source of institutional corruption. This article develops a conceptual framework of institutional corruption and applies some of the dimensions to the issue of privatization of nonrenewable natural resources in India. We analyze three case studies in oil and gas, coal blocks, and bauxite mining. We observe that it is important for developing economies to establish independent and autonomous regulatory institutions and the Supreme Court to minimize the costs of institutional corruption. In democracies, freedom of civic bodies and the media is also a necessary condition.
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
https://doi.org/10.1111/joes.12670
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bla:jecsur:v:39:y:2025:i:4:p:1677-1694
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0950-0804
Access Statistics for this article
More articles in Journal of Economic Surveys from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().