Introduction

Maksym Ivanyna, Alex Mourmouras and Peter Rangazas
Additional contact information
Maksym Ivanyna: Joint Vienna Institute
Alex Mourmouras: IMF

Chapter Chapter 1 in The Macroeconomics of Corruption, 2021, pp 1-30 from Springer

Abstract: Abstract It is clear that the government is needed to lay the foundation for economic development. Development cannot occur without a public infrastructure that establishes and facilitates markets via the provision of national defense, a transportation system, legal protection of private property and marketable ideas, education and basic research, and a stable currency. In the early stages of development, governments also establish the first banks and corporations, often in partnership with private owners. The fundamental issue of public sector economics is how to constrain the government to provide these goods and services in a way that benefits most citizens rather than the private interests of politicians and the relatively small groups of their most important supporters.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sptchp:978-3-030-67557-8_1

Ordering information: This item can be ordered from
http://www.springer.com/9783030675578

DOI: 10.1007/978-3-030-67557-8_1

Access Statistics for this chapter

More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().