Bribery and Corruption in Weak Institutional Environments: Connecting the Dots from a Comparative Perspective

Li's book explores how bribery and corruption occur in countries with weak institutional environments and how they become globalized. It offers a novel explanation to the puzzle of why some countries thrive despite corruption and sheds lights on the symbiotic roles corruption and anticorruption campaigns play in maintaining dictatorships. It argues that as non-rule-based economies expand, the transition from relying on private relationships to relying on public rules is inevitable, but warns against the potential threats and consequences of bribery by powerful dictatorial governments.

Format: Paperback / softback
Length: 272 pages
Publication date: 24 March 2022
Publisher: Cambridge University Press

Drawing on a wealth of twenty years of research and observations, Li delves into the intricate mechanisms of bribery and corruption in countries with weak institutional environments, and their subsequent globalization. Through a comprehensive analysis, the book offers a novel explanation for the enduring puzzle of why certain countries thrive amidst corruption. It sheds light on the symbiotic relationship between corruption and anticorruption campaigns, illuminating how these dynamics contribute to the perpetuation of dictatorships. By employing a cost-benefit analysis across diverse governance contexts, Li argues that as non-rule-based economies expand, the transition from relying on private relationships to relying on public rules becomes inevitable. However, the book also raises cautionary notes about the potential threats and consequences of bribery by powerful dictatorial governments, emphasizing the globalization of corruption by non-rule-based countries. This insightful work appeals to scholars, analysts, graduate students, policymakers, business professionals, and executives alike, seeking to gain deeper insights into the characteristics of bribery and corruption within different institutional settings.

Weight: 371g
ISBN-13: 9781108730051
Edition number: New ed