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Drawing on twenty years of research and observations on bribery and corruption in countries with weak institutional environments, Li offers a novel explanation to the age-old puzzle of why some countries thrive despite corruption. For scholars and analysts studying corruption, as well as policymakers, business professionals and executives.
List of contents
Acknowledgements; 1. Introduction: why study corruption in countries with weak institutional environments?; 2. Bribe takers: types of corruption and their effects on efficiency; 3. Bribe payers: why do people pay? What do they get? Can they refuse to pay?; 4. When public rules meet private relations: the importance of governance environment; 5. Why some societies thrive despite corruption: a relation-based explanation; 6. Corruption and anticorruption: two legs supporting dictatorships; 7. Paths to transition away from corruption; 8. The globalization of corruption by countries with weak institutional environments; 9. Conclusion: challenges and hopes in fighting corruption globally; References; Index.
About the author
Shaomin Li is Eminent Scholar and Professor of International Business at Old Dominion University, Virginia. He has published in the Journal of International Business Studies, Harvard Business Review, and The Wall Street Journal, amongst others. In 2008 the Governor of Virginia presented him the Outstanding Faculty Award.
Summary
Drawing on twenty years of research and observations on bribery and corruption in countries with weak institutional environments, Li offers a novel explanation to the age-old puzzle of why some countries thrive despite corruption. For scholars and analysts studying corruption, as well as policymakers, business professionals and executives.
Foreword
Drawing on global empirical evidence, Li offers a novel explanation to the age-old puzzle of why some countries thrive despite corruption.
Additional text
'Using a comparative approach, Li provides a new and insightful analysis of why corruption flourishes in states with weak institutions, how different forms of corruption can differentially impact a state's economic development, and why corruption is widespread despite efforts to control it.' Andy Wedeman, Georgia State University
