Beyond greed and bribes: Economic rational of corruption in Pakistan

Dawood Mamoon

Journal of Economic and Social Thought, 2018, vol. 5, issue 2, 221-222

Abstract: The paper explains how Pakistani economy has maintained equilibrium despite prevalence of rampant corruption in the society. However it is not to say that this is a Pareto optimal equilibrium considering higher standards of the state of the economy and social empowerment witnessed in regions like European Union or the North America.

Keywords: Rent Seeking; Behavioral Economics. (search for similar items in EconPapers)
JEL-codes: A10 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:cvv:journ3:v:5:y:2018:i:2:p:221-222

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