Economics Analysis about Corruption
Tingting Wen
Abstract
Tingting Wen
Abstract
The essence of corruption is the profit-realized process between briber and government official. In respect of economics people are always pursuing the biggest profit and the government provides oppoortunies for them by rent seeking. So the key to reducing corruption is to improve the system of merket economy, limit the goverment's power, lessen the opportunity for rent seeking and exterminate the source of corruption.
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The essence of corruption is the profit-realized process between briber and government official. In respect of economics people are always pursuing the biggest profit and the government provides oppoortunies for them by rent seeking. So the key to reducing corruption is to improve the system of merket economy, limit the goverment's power, lessen the opportunity for rent seeking and exterminate the source of corruption.
Key concepts: Rent-seeking, Language change, Profit (economics), Government (linguistics), Economics, Public economics, Business, Market economy