Encyclopedia of Law and Economics

2019 Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

Political Corruption

  • Roy CerquetiEmail author
  • Raffaella Coppier
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7753-2_366

Abstract

Political corruption represents a specific type of public-to-public corruption which implies that one participant of corrupt transaction belongs on the State and the other to the private sector: in fact, public corruption is a particular (and illegal) State-society relationship. Political corruption occurs when politicians, who are delegated to make laws and enforce them by the citizens, act themselves in a corrupt way. More precisely, it appears when policymakers exploit their political strength to pursue their own economic benefits and/or maintain their powerful position.

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Copyright information

© Springer Science+Business Media, LLC, part of Springer Nature 2019

Authors and Affiliations

  1. 1.Department of Economics and LawUniversity of MacerataMacerataItaly