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Eight Questions about Corruption - World Bank

Journal of Economic Perspectives Volume 19, Number 3 Summer 2005 Pages 19 42. Eight Questions about Corruption Jakob Svensson S ome years ago I interviewed the chief executive officer of a successful Thai manufacturing firm as part of a pilot survey project. While trying to figure out a good way to quantify the firm's experience with government regula- tions and Corruption in the foreign trade sector, the CEO exclaimed: I hope to be reborn as a custom official. When a well-paid CEO wishes for a job with low official pay in the government sector, Corruption is almost surely a problem! The most devastating forms of Corruption include the diversion and outright theft of funds for public programs and the damage caused by firms and individuals that pay bribes to avoid health and safety regulations intended to benefit the public.

Eight Questions about Corruption Jakob Svensson S ome years ago I interviewed the chief executive ofÞcer of a successful Thai manufacturing Þrm as part of a pilot survey project. While trying to Þgure out a good way to quantify the ÞrmÕs experience with government regula-

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