Thinking About Corruption in Greece

Costas Azariadis and Yannis Ioannides

No 783, Discussion Papers Series, Department of Economics, Tufts University from Department of Economics, Tufts University

Abstract: The paper addresses the issue of corruption, which appears to be endemic in Greece. It reviews the facts about corruption as multi-faceted phenomenon and its close relationship to tax evasion, by comparing Greece to its EU partners, as well internationally. It addresses corruption as an instance of anti-social behavior by means of a number of simple metaphors that allow reliance on powerful tools of modern social interactions and property rights literatures. It emphasizes that whereas tepid enforcement might reduce somewhat corruption and other instances of anti-social behavior, drastic enforcement is required to move an economy and society to qualitatively different levels of such practices. The paper reviews different EU proposals regarding enforcement mechanisms and pro- poses three key constitutional amendments that are required to allow long-delayed reforms to take hold in Greece.

Keywords: Bribery; compliance; constitutional amendments; corruption; corruption perception index; economic growth; fiscal deficits; games; multiple equilibria; public goods; tax evasion; trust; whistleblowing (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-iue, nep-law and nep-pbe
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:tuf:tuftec:0783

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