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Corrupt Exchanges
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Book Synopsis Corrupt Exchanges by : Donatella della Porta
Download or read book Corrupt Exchanges written by Donatella della Porta and published by Routledge. This book was released on 2017-07-28 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political corruption has traditionally been presented as a phenomenon characteristic of developing countries, authoritarian regimes, or societies in which the value system favored tacit patrimony and clientelism. Recently, however, the thesis of an inverse correlation between corruption and economic and political development (and therefore democratic maturity) has been frequently and convincingly challenged. Countries with a long democratic tradition, such as the United States, Belgium, Britain, and Italy, have all experienced a combination of headline-grabbing scandals and smaller-scale cases of misappropriation.In Corrupt Exchanges, primary research on Italian cases (judicial proceedings, in-depth interviews, parliamentary documents, and press databases), combined with a cross-national comparison based on a secondary analysis of corruption in democratic systems, is used to develop a model to analyze corruption as a network of illegal exchanges. The authors explore in great detail the structure of that network, by examining both the characteristics of the actors who directly engage in the corruption and the resources they exchange. These processes of degeneration have caused a crisis in the dominant paradigm in both academic and political considerations of corruption.The book is organized around the analysis of the resources that are exchanged and of the different actors who take part. Politicians in business, illegal brokers, Mafia members, protected entrepreneurs, and party-appointed bureaucrats exchange resources on the illegal market, altering the institutional system of interactions between the state and the market. In this complex web of exchanges, bonds of trust are established that allow the corrupt exchange to thrive. The book will serve both as a theoretical approach to a political problem of large bearing on democratic institutions and a descriptive warning of a system in peril.
Book Synopsis Corrupt Exchanges by : Donatella Della Porta
Download or read book Corrupt Exchanges written by Donatella Della Porta and published by Aldine De Gruyter. This book was released on 1999-01-01 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political corruption has traditionally been presented as a phenomenon characteristic of developing countries, authoritarian regimes, or societies in which the value system favored tacit patrimony and clientelism. Recently, however, the thesis of an inverse correlation between corruption and economic and political development (and therefore democratic "maturity") has been frequently and convincingly challenged. Countries with a long democratic tradition, such as the United States, Belgium, Britain, and Italy, have all experienced a combination of headline-grabbing scandals and smaller-scale cases of misappropriation. In Corrupt Exchanges, primary research on Italian cases (judicial proceedings, in-depth interviews, parliamentary documents, and press databases), combined with a cross-national comparison based on a secondary analysis of corruption in democratic systems, is used to develop a model to analyze corruption as a network of illegal exchanges. The authors explore in great detail the structure of that network, by examining both the characteristics of the actors who directly engage in the corruption and the resources they exchange. These processes of degeneration have caused a crisis in the dominant paradigm in both academic and political considerations of corruption. The book is organized around the analysis of the resources that are exchanged and of the different actors who take part. Politicians in business, illegal brokers, Mafia members, protected entrepreneurs, and party-appointed bureaucrats exchange resources on the illegal market, altering the institutional system of interactions between the state and the market. In this complex web of exchanges, bonds of trust are established that allow the corrupt exchange to thrive. The book will serve both as a theoretical approach to a political problem of large bearing on democratic institutions and a descriptive warning of a system in peril.
Book Synopsis Corrupt Exchanges by : Donatella della Porta
Download or read book Corrupt Exchanges written by Donatella della Porta and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "Political corruption has traditionally been presented as a phenomenon characteristic of developing countries, authoritarian regimes, or societies in which the value system favored tacit patrimony and clientelism. Recently, however, the thesis of an inverse correlation between corruption and economic and political development (and therefore democratic maturity) has been frequently and convincingly challenged. Countries with a long democratic tradition, such as the United States, Belgium, Britain, and Italy, have all experienced a combination of headline-grabbing scandals and smaller-scale cases of misappropriation.In Corrupt Exchanges, primary research on Italian cases (judicial proceedings, in-depth interviews, parliamentary documents, and press databases), combined with a cross-national comparison based on a secondary analysis of corruption in democratic systems, is used to develop a model to analyze corruption as a network of illegal exchanges. The authors explore in great detail the structure of that network, by examining both the characteristics of the actors who directly engage in the corruption and the resources they exchange. These processes of degeneration have caused a crisis in the dominant paradigm in both academic and political considerations of corruption.The book is organized around the analysis of the resources that are exchanged and of the different actors who take part. Politicians in business, illegal brokers, Mafia members, protected entrepreneurs, and party-appointed bureaucrats exchange resources on the illegal market, altering the institutional system of interactions between the state and the market. In this complex web of exchanges, bonds of trust are established that allow the corrupt exchange to thrive. The book will serve both as a theoretical approach to a political problem of large bearing on democratic institutions and a descriptive warning of a system in peril."--Provided by publisher.
Book Synopsis Corrupt Exchanges by : Donatella Della Porta
Download or read book Corrupt Exchanges written by Donatella Della Porta and published by Nomos Verlagsgesellschaft. This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption undermines the market and challenges government legitimacy. Its hidden character, however, makes it troublesome to study empirically. Corrupt Exchanges seeks to overcome this difficulty using the tools of economics and political science. The papers, presented at the Zentrum for Interdisziplinäre Forschung in Bielefeld, Germany, in 2001, begin a dialogue across disciplinary lines. The contributors are a first-rate group of scholars using diverse techniques, both qualitative and quantitative. Their work demonstrates that, with patience and creativity, the empirical study of corruption is possible and can contribute to the policy debate. One group of papers deals with high-level political corruption especially involving Member States of the European Union. The second group focuses on bureaucratic corruption in developing and transition countries. The papers study particular instances and types of corruption and suggest solutions. This book will interest to those concerned with limiting corruption worldwide, including the business and the nonprofit communities and international aid and lending organizations. The editors are internationally recognized experts in the study of corruption. Donatella Della Porta is Professor of Political Science at the University of Florence and the author (with Alberto Vannucci) of Corrupt Exchanges (1999). Susan Rose-Ackerman is Professor of Law and Political Science at Yale University and the author of Corruption and Government (1999).
Book Synopsis Do Markets Corrupt Our Morals? by : Virgil Henry Storr
Download or read book Do Markets Corrupt Our Morals? written by Virgil Henry Storr and published by Springer Nature. This book was released on 2019-08-21 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most damning criticism of markets is that they are morally corrupting. As we increasingly engage in market activity, the more likely we are to become selfish, corrupt, rapacious and debased. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with life in market societies. This book explores whether or not engaging in market activities is morally corrupting. Storr and Choi demonstrate that people in market societies are wealthier, healthier, happier and better connected than those in societies where markets are more restricted. More provocatively, they explain that successful markets require and produce virtuous participants. Markets serve as moral spaces that both rely on and reward their participants for being virtuous. Rather than harming individuals morally, the market is an arena where individuals are encouraged to be their best moral selves. Do Markets Corrupt Our Morals? invites us to reassess the claim that markets corrupt our morals.
Book Synopsis China's Gilded Age by : Yuen Yuen Ang
Download or read book China's Gilded Age written by Yuen Yuen Ang and published by Cambridge University Press. This book was released on 2020-05-28 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has China grown so fast for so long despite vast corruption? In China's Gilded Age, Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt growth. Ang unbundles corruption into four varieties: petty theft, grand theft, speed money, and access money. While the first three types impede growth, access money - elite exchanges of power and profit - cuts both ways: it stimulates investment and growth but produces serious risks for the economy and political system. Since market opening, corruption in China has evolved toward access money. Using a range of data sources, the author explains the evolution of Chinese corruption, how it differs from the West and other developing countries, and how Xi's anti-corruption campaign could affect growth and governance. In this formidable yet accessible book, Ang challenges one-dimensional measures of corruption. By unbundling the problem and adopting a comparative-historical lens, she reveals that the rise of capitalism was not accompanied by the eradication of corruption, but rather by its evolution from thuggery and theft to access money. In doing so, she changes the way we think about corruption and capitalism, not only in China but around the world.
Book Synopsis Gender and Corruption by : Helena Stensöta
Download or read book Gender and Corruption written by Helena Stensöta and published by Springer. This book was released on 2018-03-27 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: The link between gender and corruption has been studied since the late 1990s. Debates have been heated and scholars accused of bringing forward stereotypical beliefs about women as the “fair” sex. Policy proposals for bringing more women to office have been criticized for promoting unrealistic quick-fix solutions to deeply rooted problems. This edited volume advances the knowledge surrounding the link between gender and corruption by including studies where the historical roots of corruption are linked to gender and by contextualizing the exploration of relationships, for example by distinguishing between democracies versus authoritarian states and between the electoral arena versus the administrative branch of government—the bureaucracy. Taken together, the chapters display nuances and fine-grained understandings. The book highlights that gender equality processes, rather than the exclusionary categories of “women” and “men”, should be at the forefront of analysis, and that developments strengthening the position of women vis-à-vis men affect the quality of government.
Book Synopsis Corruption and Fraud in Financial Markets by : Carol Alexander
Download or read book Corruption and Fraud in Financial Markets written by Carol Alexander and published by John Wiley & Sons. This book was released on 2022-12-13 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identifying malpractice and misconduct should be top priority for financial risk managers today Corruption and Fraud in Financial Markets identifies potential issues surrounding all types of fraud, misconduct, price/volume manipulation and other forms of malpractice. Chapters cover detection, prevention and regulation of corruption and fraud within different financial markets. Written by experts at the forefront of finance and risk management, this book details the many practices that bring potentially devastating consequences, including insider trading, bribery, false disclosure, frontrunning, options backdating, and improper execution or broker-agency relationships. Informed but corrupt traders manipulate prices in dark pools run by investment banks, using anonymous deals to move prices in their own favour, extracting value from ordinary investors time and time again. Strategies such as wash, ladder and spoofing trades are rife, even on regulated exchanges – and in unregulated cryptocurrency exchanges one can even see these manipulative quotes happening real-time in the limit order book. More generally, financial market misconduct and fraud affects about 15 percent of publicly listed companies each year and the resulting fines can devastate an organisation's budget and initiate a tailspin from which it may never recover. This book gives you a deeper understanding of all these issues to help prevent you and your company from falling victim to unethical practices. Learn about the different types of corruption and fraud and where they may be hiding in your organisation Identify improper relationships and conflicts of interest before they become a problem Understand the regulations surrounding market misconduct, and how they affect your firm Prevent budget-breaking fines and other potentially catastrophic consequences Since the LIBOR scandal, many major banks have been fined billions of dollars for manipulation of prices, exchange rates and interest rates. Headline cases aside, misconduct and fraud is uncomfortably prevalent in a large number of financial firms; it can exist in a wide variety of forms, with practices in multiple departments, making self-governance complex. Corruption and Fraud in Financial Markets is a comprehensive guide to identifying and stopping potential problems before they reach the level of finable misconduct.
Book Synopsis Syndromes of Corruption by : Michael Johnston
Download or read book Syndromes of Corruption written by Michael Johnston and published by Cambridge University Press. This book was released on 2005-12-01 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption is a threat to democracy and economic development in many societies. It arises in the ways people pursue, use and exchange wealth and power, and in the strength or weakness of the state, political and social institutions that sustain and restrain those processes. Differences in these factors, Michael Johnston argues, give rise to four major syndromes of corruption: Influence Markets, Elite Cartels, Oligarchs and Clans, and Official Moguls. In this 2005 book, Johnston uses statistical measures to identify societies in each group, and case studies to show that the expected syndromes do arise. Countries studied include the United States, Japan and Germany (Influence Markets); Italy, Korea and Botswana (Elite Cartels); Russia, the Philippines and Mexico (Oligarchs and Clans); and China, Kenya, and Indonesia (Offical Moguls). A concluding chapter explores reform, emphasising the ways familiar measures should be applied - or withheld, lest they do harm - with an emphasis upon the value of 'deep democratisation'.
Book Synopsis The Hidden Order of Corruption by : Donatella della Porta
Download or read book The Hidden Order of Corruption written by Donatella della Porta and published by Routledge. This book was released on 2016-03-23 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: When corruption is exposed, unknown aspects are revealed which allow us to better understand its structures and informal norms. This book investigates the hidden order of corruption, looking at the invisible codes and mechanisms that govern and stabilize the links between corrupters and corruptees. Concentrating mainly on democratic regimes, this book uses a wide range of documentation, including media and judicial sources from Italy and other countries, to locate the internal equilibria and dynamics of corruption in a broad and comparative perspective. It also analyses the Transparency International Annual Reports and the daily survey of international news to present evidence on specific cases of corruption within an institutional theory framework.
Book Synopsis The New Institutional Economics of Corruption by : Johann Graf Lambsdorff
Download or read book The New Institutional Economics of Corruption written by Johann Graf Lambsdorff and published by Routledge. This book was released on 2004-09-16 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes a thorough analysis of the phenomenon of corruption, as seen from the perspective of New Institutional Economics - one of the most influential new schools of thought in the social sciences of the past decade.
Book Synopsis Comparing Political Corruption and Clientelism by : Junichi Kawata
Download or read book Comparing Political Corruption and Clientelism written by Junichi Kawata and published by Routledge. This book was released on 2017-03-02 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Past modernization literature has assumed that corruption and clientelism reflect a pre-modern social structure and could be referred to as a pathologic phenomenon of the political system. Very few have considered corruption and clientelism as structural products of an interwoven connection between capital accumulation, bureaucratic rationalization, interest intermediation and political participation from below. This volume analyzes key aspects of the debate such as: should corruption and clientelism be evaluated as a 'lubricant' in terms of administrative efficiency - legitimate demands from the margins of society to redress social and economic inequality or to readdress economic development? What would be the effect of strengthening policing to control political corruption? Could electoral reform or a decentralization of government power be a cure for all? These questions among others are answered in this comprehensive volume.
Book Synopsis Thinking Strategically about Anti-corruption Reforms by : Sean Fitzpatrick
Download or read book Thinking Strategically about Anti-corruption Reforms written by Sean Fitzpatrick and published by Peter Lang Pub Incorporated. This book was released on 2004-02 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years controlling corruption has taken on an increasingly important role in social consciousness, policy debate and reform initiatives. Domestic measures in many countries are reshaping the legal and institutional environment in which government operate, as are recent multilateral initiatives by governments, private organizations and nonprofits alike. There are many possible reform measures that may be undertaken, which are discussed and developed here. Some reform measures are purely managerial, others are administrative, legal, social or political in nature. Corrupt exchanges must be understood within the broader perspective of reciprocal rewards and sanctions, often firmly entrenched with regular (legal), social and economic transactions. Curbing corruption is, therefore, an arduous task, requiring a multi-pronged approach and an understanding of the nature and mechanisms of exchange. There is no simple «road map» to successfully overcoming corruption and it is often difficult to distinguish between poor results induced by either nonfeasance (shirking), corruption, maladministration or plain erroneous decisions. To wit, as a general principal however, what is useful to improve governmental performance is useful to mitigate corruption.
Book Synopsis Arbitration and Corruption by : Andrea Meier
Download or read book Arbitration and Corruption written by Andrea Meier and published by Kluwer Law International B.V.. This book was released on 2021-07-12 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption is one of the main obstacles to sustainable development and has a significant negative impact on a country’s productivity. In this book, which reproduces the transcribed presentations and lively discussions at the 2019 Annual Conference of the Swiss Arbitration Association (ASA), four panels including internationally known arbitration practitioners, criminal lawyers and accountants exchange views on the causes, costs, and impacts of corruption not only on society but also on the arbitral process and the arbitral profession. Among the many facets of corruption, the contributors address the following: legal framework of corruption and applicable law; cost of corruption from an economic perspective; jurisdiction and the arbitrability of issues of corruption; aspects of corruption that are specific to arbitration in specific business sectors; cases involving corrupt arbitrators, experts, and witnesses; establishing correctness or incorrectness of suspicion of corruption; bringing issues of corruption before the parties; and judicial scrutiny of corruption-tainted arbitral awards at the setting aside and enforcement stage. The authors, all of them prominent in representing the full range of business sectors active in international arbitration, provide matchless practical guidance in dealing with challenges associated with corruption in arbitration. Among much else, they deal with ‘red flags’ likely to indicate suspicious relationships, effective strategies to employ when confronted with a corruption-tainted contract and reporting suspicion of corruption and the related risk of personal liability. All of this invaluable material will be greatly appreciated by practising arbitrators, corporate counsel, arbitration institutions, and concerned academics.
Book Synopsis Corporate Integrity and Accountability by : George G. Brenkert
Download or read book Corporate Integrity and Accountability written by George G. Brenkert and published by SAGE Publications, Incorporated. This book was released on 2004-07-08 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ethical and legal scandals at Enron, WorldCom, Tyco and many other businesses in the United States, Europe and Asia have shaken people's confidence in business. Corporate Integrity and Accountability seeks to address questions of corporate integrity as they arise for financial reporting, executive compensation, globalization, and business ethics itself. The chapters are the product of leading business ethicists—both academic and practitioner—in the U.S. and Europe, resulting in the application of different methodologies, sources, and forms of argument. This gives the reader a sense not only of the complexity of some of the ethical issues business faces, but also the richness of the various resources that are available to address these issues.
Book Synopsis Impact of Foreign Corrupt Practices Act on U.S. Business by : United States. General Accounting Office
Download or read book Impact of Foreign Corrupt Practices Act on U.S. Business written by United States. General Accounting Office and published by . This book was released on 1981 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rosin V. New York Stock Exchange, Inc by :
Download or read book Rosin V. New York Stock Exchange, Inc written by and published by . This book was released on 1972 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
