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Political Corruption

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Encyclopedia of Law and Economics

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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Correspondence to Roy Cerqueti .

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Cerqueti, R., Coppier, R. (2017). Political Corruption. In: Marciano, A., Ramello, G. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7883-6_366-1

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  • DOI: https://doi.org/10.1007/978-1-4614-7883-6_366-1

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  • Print ISBN: 978-1-4614-7883-6

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