(Assignment 3) The Economist’s Approach To The Problem Of Corruption by Pranab Bardhan- A Summary - Arya Prakash

1.     “Nothing perpetuates corruption like exaggerated perceptions of corruption all around” (Bardhan, 347)

2.     “Just as corrupt things are not necessarily illegal, they are not necessarily immoral either, particularly for people for whom “end justifies means..” (Bardhan, 342)

3.     “In such comparisons (of corruption), one has to be very clear about what it is that one is trying to measure” (Bardhan 342)

4.     “Our perception is based on how many corrupt transactions we see around us.” (Bardhan, 342)

5.     “Sometimes some people think that corruption is a way of bypassing mindless regulations” (Bardhan, 343)

6.     “While non-economists often think about some sort of social movement or moral reform to change “value systems,” economists concentrate on incentive systems in tackling these problems.” (Bardhan, 344)

7.     The economist’s approach and understanding of corruption begin and end at the ‘public office-private gain’ binary.

Cited work

Bardhan, Pranab. "The economist’s approach to the problem of corruption." World Development 34, no. 2 (2006): 341-348.