1. The Political Economy of Anti‐bribery Enforcement
- Author:
- Lauren Cohen and Bo Li
- Publication Date:
- 02-2023
- Content Type:
- Policy Brief
- Institution:
- The Cato Institute
- Abstract:
- A level playing field for firm competition is a fundamental requirement for any market to maximize its potential and achieve productive efficiency. When government favors a set of firms or individuals over others, distortions arise that reverberate throughout entire industries, affecting sales, production, innovation, and more. This is not to say that barriers to firms may not sometimes naturally arise, but if a finger is placed on the scale by government to allow certain firms to gain some unerodable advantage, this can have large implications on allocation and overall economic development.
- Topic:
- Corruption, Political Economy, Law Enforcement, Accountability, and Bribery
- Political Geography:
- Global Focus