It takes the average reader to read The Economics of Corruption and Bureaucratic Inefficiency in Weak States by Luis Gerardo González Morales
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This monograph surveys recent developments in the political economy literature addressing the incentive problems of political decision making, and helps to understand the causes of corruption and bureaucratic inefficiency in countries that lack a constitutional order. Using a principal-agent theoretical framework, the author shows how corruption and patronage may reduce political instability, thus enabling governments in weak states to provide public goods which would otherwise be missing, even though such an institutional arrangement is usually self-defeating in the long run. The theoretical results are used to offer a stylized interpretation of the political history of the Mexican state."
The Economics of Corruption and Bureaucratic Inefficiency in Weak States by Luis Gerardo González Morales is 0 pages long, and a total of 0 words.
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The average oral reading speed is 183 words per minute. This means it takes to read The Economics of Corruption and Bureaucratic Inefficiency in Weak States aloud.
The Economics of Corruption and Bureaucratic Inefficiency in Weak States is suitable for students ages 2 and up.
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