Eight Questions about Corruption

TLDR

Abstract

This paper will discuss eight frequently asked questions about public corruption: (1) What is corruption? (2) Which countries are the most corrupt? (3) What are the common characteristics of countries with high corruption? (4) What is the magnitude of corruption? (5) Do higher wages for bureaucrats reduce corruption? (6) Can competition reduce corruption?( 7) Why have there been so few (recent) successful attempts to fight corruption? (8) Does corruption adversely affect growth?