By: Raquel Mayer and Juanita Riaño, Office of Institutional Integrity, Inter-American Development Bank A few days ago we were reminded on this blog of an idea to reduce the incidence of bribery proposed last year by Kaushik Basu, then India’s Chief Economic Adviser to the Government of India and, and since last month, the World Banks’ Chief Economist. Dr. Basu argued … [Read more...] about Seven reasons why it would not be a good idea to legalize bribe-paying
bribes
Seven reasons why it would not be a good idea to legalize bribe-paying
By: Raquel Mayer and Juanita Riaño, Office of Institutional Integrity, Inter-American Development Bank A few days ago we were reminded on this blog of an idea to reduce the incidence of bribery proposed last year by Kaushik Basu, then India’s Chief Economic Adviser to the Government of India and, and since last month, the World Banks’ Chief Economist. Dr. Basu argued in … [Read more...] about Seven reasons why it would not be a good idea to legalize bribe-paying
Legal bribes?
About a year and a half ago, the economist Kaushik Basu - then a Cornell professor on leave as Chief Economist for the Ministry of Finance in India- proposed legalizing some forms of bribing. Some highlights: There are different kinds of bribes and what I am concerned with in this paper are bribes that people often have to give to get what they are legally entitled to. I … [Read more...] about Legal bribes?